The scenario that's illustrated regarding the property in this case is improper dominion.
<h3>What is dominion?</h3>
It should be noted that in law, dominion simply means the right to control the ownership of a a property.
In this case, since Mechelle has allowed people to camp and park in the backwoods of the property, leaving piles of trash everywhere and thereby diminishing the value of the property, this illustrates improper dominion.
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Answer:
The value of the stock is $19.50
Explanation:
Hi, let´s check out the formula that we need to use in order to find the price of this stock.
Where:
Do= last dividend (in our case, $1.30)
g = growth rate of the dividend (in our case, 5% or 0.05)
r = required rate of return (in our case, 12% or 0.12)
Everything should look like this:
Therefore, the value of this stock is $19.50
Best of luck.
The statement above is FALSE.
Loews conglomeration is into many businesses including hotels, insurance, watches, oil, gas, tobacco, etc. The diversification strategy of the company is to buy up firms that are in financial mess, turn them into profitable ventures and then sell them at a premium. They also diversified by investing into new business fields.
"Stock prices decrease" is the one among the following choices given in the question that <span>often happens to stock prices when a recession in the economy is in the future. The correct option among all the options that are given in the question is the second option or option "B". I hope the answer helps you.</span>
Answer:
Newark's cost of sales is A $307,000
Explanation:
Cost of Sales can be determined by using the Missing figure Approach for this question.
Cost of Sales = Sales less Gross Profit
<u>Calculation of Sales figure :</u>
Cash sales, $450,000
Credit sales, $1,350,000
<em>Less</em> Sales returns and allowances, ($90,000)
<em>Less</em> Sales Discounts ($43,000)
Sales $1,667,000
<u>Calculation of Cost of Sales</u>
Thus Cost of Sales = $1,667,000 - $1,360,000 (given)
= $307,000
