Answer:
Share price = 29.16
Explanation:
Given:
Dividend paid = $3.50
Required rate of return = 12% = 12/100 = 0.12
Growth rate = 0%
Find:
Share price = ?
Computation:
⇒ Share price = Dividend paid / [Required rate of return - Growth rate
]
⇒
Share price = $3.5/(0.12-0)
⇒ Share price = 29.16
D, minimalism, since they want to get rid of items
To get the attention of as many viewers as possible, & to make the web page as easy as possible for your viewers to find the information that they're looking for.
Answer:
$2,450 is received as payment in full on July 24
Explanation:
Terms 2/10, n/30 means that there is a discount of 2% available if the payment is made within 10 days of sale with credit period of 30 days. Discount will only be given on the amount of payment which will be net of sales and return.
Credit Sale = $2,700
Sale Return = $200
Net Receivable = $2,700 - $200 = $2,500
Payment is made within the discount period, so the the discount will be availed on the due amount.
Discount = 2,500 x 2% = 50
Payment Receipt = $2,500 - $50 = $2,450
