<span>Given Data:
</span><span>
The return = 12%</span><span>
Stock price = </span>$43/share
<span>
Dividend = $1.00
Growth rate = </span><span>30% per year
</span> D₄ = $1.00 × (1.30)⁴
<span> = $2.8561.
</span><span>
Stock's expected constant growth rate after t = 4
</span>
Stock's expected constant growth rate:
X = 6.34%
The social science that studies how economic<span> activity affects and is shaped by social processes. </span>
If Malaysian companies were more efficient in textile production and the U.S. was more efficient in computer software, they should sign a <u>Free trade agreement. </u>
<h3>What would a free trade agreement do?</h3>
A free trade agreement allows for countries to be able to trade without any restrictions.
Implementing a free trade agreement here would allow funds to freely move to Malaysia for textile production, and to the U.S. for software companies.
In conclusion, this is a free trade agreement.
Find out more on free trade agreements at brainly.com/question/2201430.
Answer:
D) An illusory promise
Explanation:
An illusory promise is not enforceable. Illusory promises are simply illusions that seem or appear to a contract, but are not.
In this case, there is no consideration at all, therefore none of the parties is bound by a contract. It would be different if the company promised to pay a bonus if its profits are xx%. How can someone determine what is considered high profits, and how can you be sure that management will agree?
It is basically like telling someone else that you will give them something if you are happy and willing to do it. How can someone determine if you are happy or not, and how can someone know if you are willing to do it or not?
Answer:
Dr Equipment 62400
Dr Prepaid Insurance 500
Cr Cash 2900
Cr Accounts Payable 60,000
Explanation:
Preparation of the journal entry to Record the above expenditures for the new machine.
Dr Equipment 62400
Dr Prepaid Insurance 500
Cr Cash 2900
Cr Accounts Payable 60,000
(62,400+500-2900)
Equipment:
Purchase price ($55,000) + Sales tax (5,000) + Shipping (800) + Installation (1,600) =
Total cost 62400
Cash:
Shipment of machine (800) + Insurance on the machine ((500)) +Installation of the machine (1,600) = 2900
