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never [62]
3 years ago
11

What does difficult to find finance mean?

Business
1 answer:
WARRIOR [948]3 years ago
4 0

a condition or state of affairs almost beyond one's ability to deal with and requiring great effort to bear or overcome. "grappling with financial difficulties"

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How often does the price you pay for a haircut change? What does your answer imply about the usefulness of market-clearing model
viva [34]
Bird. Njofdddscbbjioufdeessdrvjoooknjjbggcf
5 0
3 years ago
Maxwell Communications paid a dividend of $1.35 last year. Over the next 12 months, the dividend is expected to grow at 11 perce
PilotLPTM [1.2K]

Answer:

Current dividend paid (Do) = $1.35

Growth rate (g) = 11% = 0.11

Cost of equity (ke) = 24% = 0.24

Po = Do<u>(1 + g)</u>    

           Ke - g

Po = $1.35<u>(1 + 0.11)</u>

                 0.24 - 0.11

Po = <u>$1.4985</u>

            0.13

Po = $11.53                                                                                                                                                                                                                

Explanation:

The current market price of the stock is a function of current dividend paid, subject to growth rate, divided by the current market price of the stock.

4 0
3 years ago
In January, Tongo, Inc., a branding consultant, had the following transactions a. Received $16,600 cash for consulting services
belka [17]

Answer:

Tongo, Inc.

General Journal:

a. Debit Cash Account $16,600

Credit Services Revenue $16,600

To record the receipt of cash for consulting services.

b. Debit Cash Account $15,000

Credit Common Stock $15,000

To record the issue of common stock for cash.

c. Debit Equipment $16,100

Credit Cash Account $4,025

Credit Notes Payable $12,075

To record the purchase of equipment for cash and notes payable.

d. Debit Cash Account $12,500

Credit Deferred Revenue $12,500

To record the receipt of cash for consulting services.

e. Debit Supplies $1,550

Credit Accounts Payable $1,550

To record supplies bought on account.

f. Debit Utilities Expense $1,960

Credit Utilities Payable $1,960

To record utilities expense for the month.

g. Debit Accounts Receivable $19,600

Credit Service Revenue $19,600

To record consulting services on account.

h. Debit Cash Account $14,300

Credit Accounts Receivable $14,300

To record the receipt of cash from customers on account.

i. Debit Accounts Payable $775

Credit Cash Account $775

To record payment for supplies.

Explanation:

Tongo, Inc. prepares the general journal to record business transactions as they occur on a daily basis initially in the books of accounts.  The general journal shows the accounts that are debited and the ones that are credited after identifying the accounts involved for each transaction.

5 0
3 years ago
Which is a business likely to need to secure startup capital from a venture capitalist?
EleoNora [17]
Any business that is in the tech business, where massive amounts of money go for development and for producton are companies that are very likely to need startup capital from some sort of investor; in this case it can be a venture capitalist but it can also be any other type of investor. 
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3 years ago
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You work as a salesperson for a chemical manufacturer, which keeps you very busy. Your customers are photographers who use your
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I think the answer is B
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3 years ago
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