Answer:
Current stock price = $24.23
Explanation:
Stock price under Discounted Model:
P0 = D1 \div(Ke - g)
P0 = Current Market price of the share
g = Growth rate = 5.0%
Ke = Cost of equity = 11.5% p.a
D1 = Expected dividend = $1.50 (1 + 0.05)= $1.575
P0 = $1.575 / (11.50% - 5.0%)
Current stock price = $24.23
Autocratic
All the other options are a type of leadership
There are video tutorials online. It might be a lot easier to understand it if you see it, rather than read it. Hope this helps! :)
Answer:
recorded on March 31, 2021.
Explanation:
As we know that if there is an accural basis so the revenue is recognized and recorded when it is earned here the receipt of cash is not material for recording the revenue
Since in the given situation, the date of completion of the contract is considered for recording date of revenue as per the accrual basis
So March 31, 2021 should be considered
