Answer:
e.
Explanation:
it's imperative to move first in markets influenced by network effects.
Because, the ability to reach larger numbers of people depend on the effect of network coverage.
Answer:
Dec.31 Bad Debts Expense 27000
December 31 Balance Sheet Accounts Receivable 392400
Explanation:
Harris Company
Credit Sales for the current year $2700,000
Credit Losses = 1% of $ 2700,000= $ 27000
Add Allowance for Doubtful Accounts $ 30600 Cr
Required Adjustments $ 57,600 Cr
General Journal
Date Description Debit Credit
Dec.31 Bad Debts Expense 27000
Allowance for Doubtful Accounts 27000
December 31 Balance Sheet.
Accounts Receivable $450,000
Less: Allowance for Doubtful Accounts $57,600 ( 27000+ 30,600)
Accounts Receivable 392400
Answer:
interdependent person and situation factors.
Explanation:
Interpendent person refers to the type of person who realize that each individuals have their own negative and positive attributes, including themselves. This type of person realize that people need to rely on each other in order to cope with the negative attributes that they have.
Situation factors refers to a characteristic that might make a certain situation become unique from another.
Often time, an individual can be effective in handling a certain situation , but extremely inefficient when handling other situation. This happen because they have different abilities/experiences that added to their positive attribute. In order to survive a situation that they can't handle really well, people need to learn to become interdependent person.
Answer:
$81.52
Explanation:
The current share price is the present value of future dividends as well as the present value of the terminal value of dividends beyond year 6 as shown thus:
Current dividend=$3.95
Year 1 dividend=$3.95*(1+5%)=$4.15
Year 2 dividend=$4.15*(1+5%)=$4.36
Year 3 dividend=$4.36*(1+5%)=$4.58
The required rate of return(discount rate) for the dividends in the FIRST 3 years above is 14%
Year 4 dividend=$4.58*(1+5%)=$4.81
Year 5 dividend=$4.81*(1+5%)=$5.05
Year 6 dividend=$5.05*(1+5%)=$5.30
The required rate of return(discount rate) for the dividends in the NEXT 3 years above is 12%
Terminal value of dividend=Year 6 dividend*(1+growth rate)/(rate of return-growth rate)
growth rate=5%
rate of return=10%(rate of return thereafter)
terminal value=$5.30*(1+5%)/(10%-5%)
terminal value=$111.30
current share price=$4.15/(1+14%)+$4.36/(1+14%)^2+$4.58/(1+14%)^3+$4.81/(1+12%)^4+$5.05/(1+12%)^5+$5.30/(1+12%)^6+$111.30/(1+10%)^6
current share price=$81.52
Answer:
$2,210,126
Explanation:
Calculation to determine what The amount reported on Sun Angel's 2020 year end balance sheet for Estimated Warranty Liability is:
Estimated Warranty Liability=(1%+3%*$184,743,795)-$5,179,626
Estimated Warranty Liability=$7,389,752-$5,179,626
Estimated Warranty Liability=$2,210,126
Therefore The amount reported on Sun Angel's 2020 year end balance sheet for Estimated Warranty Liability is:$2,210,126
