The dividend will be $4.015
<u>Explanation:</u>
The given data is: Initial dividend given is = $3 and growth rate given is = 6%
the following formula is used in order to calculate the dividend
dividend at time 5 = d0 multiply with (1+growth rate) power 5
= $3.00 multiply with (1+0.06) power 5
=>$3.00 multiply (1.33822558)
=>$4.015 (rounded to two decimals).
<u>Note :</u> The dividend is the amount that is paid by the company to its shareholders. The amount of dividend may vary from year to year depending upon the profitability level of the company that it earned during the year.
Because taxes keep some of the original impact of the tax, unlike spending multipliers, the spending multiplier is always one bigger than the tax multiplier. Any changes in consumer spending that follow any real GDP expansion or contraction brought on by the application of fiscal policy are referred to as the multiplier impact.
Any shift in aggregate demand will typically be significantly increased with a high multiplier, making the economy more unstable. Contrarily, with a low multiplier, changes in aggregate demand will not be amplified by a large amount, leading to a tendency for the economy to be more stable.
To learn more about tax multiplier
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<span>A middleman that carries a select group of products within a single line is called a speciality line wholesaler.
A speciality line wholesaler often carries products that are all related to a set industry but ay be fro multiple supplies. These wholesalers carry a limited line of products making it easier to sell/keep track of what they have and serve a decent size audience. </span>
Answer:
Explanation:
Manufacturing overhead records all the expenses like salaries payable which come under indirect labor. Manufacturing overhead includes all those indirect costs which are related to the factory-like - factory rent, factory repairs, depreciation on factory equipment, property taxes
For recognized expense, the journal entry would be
Factory overhead A.c Dr
To Expenses A/c
(Being expense recognized)
Since the cost is actually incurred so this above entry should be made
And, the journal entry for applied overhead is shown below
Work in progress inventory A/c Dr XXXXX
To Factory overhead A/c XXXXX
(Being overhead applied is recorded)
Since applied overhead is based on predetermined overhead rate so we credit the factory overhead and debit the work in progress inventory
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