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const2013 [10]
4 years ago
10

The Balance Sheet reports assets, liabilities, and stockholders' equity at a specific date. A : True B : False

Business
1 answer:
marysya [2.9K]4 years ago
7 0

Answer:

A. True

Explanation:

Balance sheet: The assets, liabilities, and equity of stockholders are recorded in the balance sheet. The accounting equation which is shown below is used

In this:

Total assets = Total liabilities + Stockholder equity

The balance sheet debit and credit side should be fair, equal and balanced.  

In addition, it is always prepared on the date specified.

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Assume that a company’s dividends per share are projected to grow at 2% each year, its next year’s dividends per share is $1.80,
Alborosie

Answer:

P0 = $60

Explanation:

Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,

P0 = D1 / (r - g)

Where,

D1 is dividend expected for the next period /year

g is the growth rate

r is the required rate of return or cost of equity

P0 = 1.8 / (0.05 - 0.02)

P0 = $60

6 0
3 years ago
Sylvester Motors Inc. has the following balances at the end of the accounting period:
Makovka662 [10]

Answer:

C $49,000

Explanation:

none

4 0
3 years ago
Apple Inc. reports the following for three of its geographic segments for a recent year. All numbers are in millions of dollars.
Tamiku [17]

Answer:

profit margin Americas = 34.53 %

profit margin Europe = 26.75 %

profit margin China = 42.37 %

Explanation:

given data

Americas Operating income = $23,117

Europe Operating income = $13,025

China Operating income = $13,841

Americas Sales = 66,939

Europe Sales = 48,683

China Sales = 32,667

to find out

profit margin for each division

solution

we get here profit margin that is express as

profit margin = \frac{operating\ income}{net\ sale} × 100   ................1

put here value we get

profit margin Americas = \frac{23117}{66939} × 100

profit margin Americas = 34.53 %

and

profit margin Europe = \frac{13025}{48683} × 100

profit margin Europe = 26.75 %

and

profit margin China = \frac{13841}{32667} × 100

profit margin China = 42.37 %

4 0
3 years ago
A(n) ____________________ is all the people and organizations that might purchase a product.
melomori [17]

Consumers refers to a group of people, individuals, businesses that make use of a product.

A(n) <u>consumer</u> is all the people and organizations that might purchase a product

The consumers can also be refered to as the market for a product. They are people who have the ability, and willingness to buy a product at a particular time.

Consumers can either purchase a product to consume directly or buy with the purpose of using it for production of other items.

Therefore, consumers are purchasers and users of a product.

Learn more about consumer:

brainly.com/question/3096413

7 0
3 years ago
Use the following abbreviations to indicate the journal in which you would record transactions a through n.
kvasek [131]

Answer:

Transactions     Appropriate Journal

a.                        Cash Payment Journal

b.                        Cash Receipt Journal

c.                        Cash Payment Journal

d.                        Cash Receipt Journal

e.                        General Journal

f.                         General Journal

g.                        Cash Receipt Journal

h.                        Cash Payment Journal

i.                          Adjusting Journal

j.                          Purchases Journal

k.                         Cash Receipt Journal

l.                          Adjusting Journal

m.                        Sales Journal

n.                         Cash Payment Journal

Explanation:

Journals are used to record transactions as they occur on a daily basis.  They are the first records made of transactions.  Journals indicate the accounts involved in each transaction.  They indicate the accounts to be debited and the accounts to be credited in accordance with the double entry system of accounting.

5 0
3 years ago
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