Answer: $42
Explanation:
Value can be found using the Gordon Growth model;
= (Current dividend * (1 + Growth rate)) / ( required return - growth rate)
Growth rate = Retention ratio * Return on equity
= 40% * 30%
= 12%
Value = (1.50 * 1.12)/ ( 16% - 12%)
= $42
If accounts receivable had a debit balance of $10,000 at the beginning of the period, and a debit balance of $6,000 at the end of the period. based on this information, the adjustment to net income for the period will be reported as: a decrease of $4,000 which will be added to net income.
<h3>How to find the
adjustment to net income?</h3>
Using this formula to determine the adjustment to net income
Adjustment to net income = accounts receivable had a debit balance - Beginning debit balance
Where:
Accounts receivable had a debit balance = $10,000
Beginning debt balance = $6,000
Let plug in the formula
Adjustment to net income = $10,000 - $6,000
Adjustment to net income = $4,000
Therefore we can conclude that the adjustment to net income for the period will be reported as a decrease of $4,000 which will be added to net income.
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Unemployment
- define unemployment
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- why does unemployment happen?
- when does unemployment happen?
- Who are the most unemployed people? Why?
- research information about unemployment
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- define retrenchment
- what causes retrenchment to happen?
- How does retrenchment affect society
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- define globalisation
- What happens during globalisation?
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<u>Solution and Explanation:</u>
<u>The following is the selling and administrative expense structure of the Fazel company for the year. According to the given information and the data:</u>
The Variable selling expenses (19730000* 3%) 591900
The Fixed Expenses
The Salaries expense 960000
The Utilities expense 365000
The Office space expense 230000
The Advertising expense 1200000
The Total Fixed expense 2755000
The Total selling & admin Expense 3346900
<u>Note:</u> the variable expense is calculated by multiplying the total sales given in the question with the percentage of the commission given
Answer:
C)
Explanation:
Based on the information provided within the question in this case Rochelle does not have a claim for sexual harassment because her claim would be based on one isolated incident that is not serious enough to warrant undue concern. This is the case since Henry has not made a single advancement towards Rochelle since she declined his date.