Answer:
The correct answer is 0.78%.
Explanation:
According to the scenario, the computation of the given data are as follows:
First we calculate the retained earning cost, then
Cost of retained earning = Dividend ÷ Price + Growth
= (1.925 × 70%) ÷ 15 + 6%
= 1.3475 ÷ 15 + 0.06
= 0.1498 or 14.98%
Now, Cost of equity = (Dividend ÷ Price (1 - Flotation cost ) + Growth
= (1.925 × 70% ) ÷ 15 (1 - 0.08) + 0.06
= (1.3475 ÷ 13.8 ) + 0.06
= 0.1576 or 15.76%
So, Exceed amount = 15.76% - 14.98% = 0.78%
Answer:
a. Would the accounts receivable account appear in the assets, liabilities, or stockholders' equity section of the December 31, Year 1, balance sheet?
The accounts receivable account would appear in the assets section, and more specifically, in the current assets section. This is because accounts receivable are considered to be an assset.
b. Determine the balance of the accounts receivable account that would appear on the December 31, Year 1, balance sheet.
The Containeres Inc. first earned $25,000 on account, and by the end of the year, it had collected $22,000, thus, the final balance of the accounts receivable is $3,000.
c. Determine the amount of net income that would appear in the Year 1 income statement.
Net Income = Revenue - Expenses
Net Income = $25,00 - $18,000
= $7,000
Answer:
The price/earnings ratio is closest to 21.79
Explanation:
Price / Earning ratio is used to assess the owner`s appraisal of share value. The higher the ratio the more confident that the shareholders have on company's future performance.
Price / Earning ratio = Market price of Share ÷ Earnings per share
= $61 ÷ $2.80
= 21.79
For the answer to the question above, I think the answer is that
<u><em>petra's lien on the machine will terminate if and only </em></u><span><u><em>if Petra would voluntarily surrender possession.</em></u></span>
I hope my answer helped you. Have a nice day!
