Answer:
$16.67
Explanation:
Data provided in the question;
Dividend to be paid next year, D1 = $2
Expected growth rate of dividend, g = 4% = 0.04
Required rate of return on the investment = 16% = 0.16
Now,
Price to be paid for the stock =
or
Price to be paid for the stock =
or
Price to be paid for the stock = $16.67
Answer:
The correct answer is letter "B": make a profit.
Explanation:
Every business idea starts with the objective of reaching the same purpose: making a profit. The profit measures how well an organization went given a period and determines if its operations will continue the same, contract or expand. Thanks to the profits, wages can be paid to employees and taxes can be collected so the region's government can also attempt to achieve society's goals.
Answer: a. retained earnings was overstated and liabilities were understated.
Explanation:
Dividends are paid from the Retained Earnings so when a company announces a dividend, that dividend is to be deducted from the Retained earnings. As this was not done, the Retained earnings at year end are overstated.
As the dividends are not paid immediately, they become liabilities. With the relevant entries not made, the dividends were not recorded as liabilities which makes liabilities understated.
The correct answer for the question that is being presented above is this one: "TRUE." Although stocks can generate greater revenue, they are also more risky than many forms of investment. Dividends are not guaranteed; each company's board of directors has to vote to issue dividends, and they may not always do so.
The national unemployment rate would increase enrollments in the Medicaid and SCHIP programs by 1 million individuals and cause the number of uninsured to increase by 1.1 million. The budgetary challenges state governments would face if the economy will go into a recession is the rise of the number below the poverty line since unemployment and recession will result in poverty.