Answer:
Revaluation of assets and liabilities
Explanation:
The main adjustments required at the time of a partner from a partnership firm: Change in the profit sharing ratio. Accounting treatment of goodwill.
Answer:
The solution to prevent employees getting late at work could be a regressive strategy like warning employees about the duration after which they cannot be at break and telling them that there would be a pay cut from their monthly salary if they exceed the time like $0.1/minute.
In order to increase the productivity of the company, there are many strategies that can be opted at different levels of organization
Like at manufacturing level: 1) installing more efficient Plant and machinery
2) Hiring more skilled labours
and at managerial level: 1) Improved planning 2) hiring competent and trained staff
Explanation:
Answer:
<em>The Accounting Cycle is as follows:</em>
<em>1. Transactions are analyzed and recorded in the journal.
</em>
<em>2. Transactions are posted to the ledger.</em>
<em>3. An unadjusted trial balance is prepared.
</em>
<em>4. Adjustment data are asssembled and analyzed.
</em>
<em>5. An optional end-of-period spreadsheet is prepared.
</em>
<em>6. Adjusting entries are journalized and posted to the ledger.
</em>
<em>7. An adjusted trial balance is prepared.
</em>
<em>8. Financial statements are prepared.
</em>
<em>9. Closing entries are journalized and posted to the ledger.
</em>
<em>10. A post-closing trial balance is prepared.
</em>
<em />
Answer: Required return = 15%
Explanation:
Current Price using the constant-growth DDM is;
Current Price = Expected dividend / ( Required return - growth rate)
This can therefore be used to calculate the required return.
Growth rate = Return on Equity * Retention ratio
= 15% * ( 1 - payout ratio )
= 15% * (1 - 40%)
= 15% * 60%
= 9%
Expected dividend = Earnings per share * Payout ratio
= 3 * 40%
= $1.20
Using the formula;
Current Price = Expected dividend / ( Required return - growth rate)
20 = 1.20 / (Required return - 9%)
20 * (Required return - 9%) = 1.20
Required return - 9% = 1.20 / 20
Required return = (1.20 / 20) + 9%
Required return = 15%
