Ryan wants to work in a factory as a machine operator. What is a basic requirement for this job?

You are considering acquiring a common stock that you would like to hold for one year. You expect to receive both $1.25 in divid

Vlad1618 [11]

Answer:

The maximum that should be paid for the stock today is $30.23.

Explanation:

The total return on a stock is made up of dividend received on the stock plus the capital gain received from selling the stock. The holding period is one year that means a 10% return on the amount invested in required for one year. We need to calculate the present value of the total of selling price plus the dividend to calculate the price of the stock today. As 10% return is required, the discount rate is also 10%.

PV = (1.25 + 32) / 1.1

PV = 30.227 rounded off to 30.23

5 0

3 years ago

Netpass company has 600,000 shares of common stock authorized, 510,000 shares issued, and 240,000 shares of treasury stock. the

irinina [24]

The company has issued only 510,000 shares out of authorized 600,000 common stocks. As we know that dividend is paid only on issued shared, and treasury stocks do not get any dividend. So the total amount of dividend that will be paid = 0.65 * 510,000 = $331,500

5 0

3 years ago

Which of the following scenarios most accurately reflects the concept of scarcity?

mojhsa [17]

Answer:

2. Brett is a farmer with an open field on which he can plant either soybeans or corn.

Explanation:

Scarcity in economics means the resources available to meet man's needs are limited or scarce.

In brett's case, land is limited, so he has to choose between planting soybeans and corn.

I hope my answer helps you

3 0

3 years ago

The following data were selected from the records of Sykes Company for the year ended December 31, Current Year.

ololo11 [35]

Answer:

Journal Entry

A) Debit Bank 235000, Credit sales 235000

B) Debit Accounts receivable 11500 Credit sales 11500

C) Debit Accounts receivables 26500 credit sales 26500

D) Debit Sales allowance 500, Credit account receivable 500

E) Debit Accounts Receivables 24000, credit Sales 24000

F) Debit Bank 10780, Debit Sales discount 220,Credit Accounts receivable 11000

G) Debit Bank 98000, debit sales discount 2000, credit Accounts receivables 100000

H) Debit Bank 25970 Debit sales discount 530 Credit Accounts receivables 26500

I) Debit Accounts receivables 19000, Credit Sales 19000

J) Debit Sales allowance 3500 , Credit bank 3430, Credit sales discount 70

K) Debit Bank 6000, Credit Accounts receivables 6000

L) Debit Bad debts 3000, Credit Accounts receivables 3000

M) no entry, just estimate

ACCOUNTS RECEIVABLE balance at year end

opening balance 120000

B) SALES 11500

C) sales 26500

D) sales allowance (500)

E) sales 24000

F) Bank ( 10780)

discount ( 220)

G) Bank (98000)

discount ( 2000)

H) bank (25970)

discount (530)

I) SALES 19000

K) Bank (6000)

L) Bad debt (3000)

closing balance 54000

allowance for bad debt (4733)

net closing balance 49267

Allowance for doubtful debt

1 jan 8000

closing 4733

adjustment 3267 recorded in income statement as income

Explanation:

closing balance for provision of doubtful debts net sales * 1.5%

6 0

3 years ago

I want to know what is the correct thing to invest into

vladimir1956 [14]

Answer:

Roth ira

Explanation:

Because you are sort of young, you should invest into a roth ira, because there are retirement tax breaks put on it, plus in an smp 500 account it will grow with the market at about 8% interest per year on average. this is good, because it is pretty much guaranteed growth. that will double the amount of money for 5 or 6 times over creating a nice retirement fund for your old age, but honestly there are other strategies, this is just for sticking money in the ground and forgetting about it, letting it grow for you. low risk, and relatively high reward after a long period of time.

hope this helps

7 0

3 years ago