Answer:
Visionary.
Explanation:
A visionary leader is someone who has a clear-cut idea of what he/ she wants in the future. This type of leader will be able to not only create and articulate a clear idea, a realistic idea but also be credible and provide an attractive vision for the company's future.
The leader will help set up a realistic plan to further improve the company, bringing his vision to reality. This will help the company or organization to grow and improve. Likewise, Michael is a visionary leader, with his creative and realistic vision for the organization. He will lead the team to a better, improved future for not only himself but everyone.
Answer:
<u>January:</u>
Sales revenue= $14,000
<u>February:</u>
Sales revenue= $10,000
Explanation:
Giving the following information:
Sales:
January= 7,000 units
February= 5,000 units
Selling price= $2
The sales revenue reflected in the sales budget is the result of multiplying the number of units sold with the selling price.
January:
Sales revenue= 7,000*2= $14,000
February:
Sales revenue= 5,000*2= $10,000
Answer:
Value of stock = $47.99
Explanation:
<em>The price of a stock using the dividend valuation model is the present value of the the future dividend expected from the stock discounted at the required rate of return.</em>
Year Present Value
1 1.25× 1.15^1 × 1.095^(-1) =1.31
2 1.25× 1.15^2 × 1.095^(-2) = 1.38
3. 1.25× 1.15^3 × 1.095^(-3)= 1.45
Present value of Dividend in Year 4 and beyond
This will be done in two steps
Step 1
PV in year 3 terms
= Dividend in year 4× (1.06)/(0.095-0.06)
1.25× 1.15^3 × 1.06/(0.095-0.06)=57.57
PV in year 0 terms =
PV in year 3 × 1.095^(-3)
=57.5759 × 1.095^(-3)= 43.852
Value of stock = 1.3 + 1.38 + 1.45 + 43.852= $47.99
Value of stock = $47.99
Answer:
C. $200,000.
Explanation:
The computation of the impairment loss is shown below:
= Book value of the machinery - fair value of machinery
- $760,000 - $560,000
= $200,000
Hence, the impairment loss is $200,000
Therefore the correct option is c.
We simply applied the above formula so that the correct value could come
And, the same is to be considered
