$4 million.
An item is worth what the market is willing to pay for it, which is sometimes different than the estimated value.
The double entry<span> system of accounting or bookkeeping means that every business transaction will involve two accounts</span>
Answer:
$21,687.5
Explanation:
Premium on bonds payable = $21,800 - $20,000
= $1,800
Interest payments = 8 years X 2 semiannual interest payments per year = 16 payments
Premium ammortisation = $1,800 / 16 = $112.5
Carrying value of the bond = $21,800 - $112.5 = $21,687.5
Answer:
Growth rate = 6%
Explanation:
Required rate of return = 13%
Stock price = 54.30
D1 = $3.80
P0 = D1 / Ke- g
$54.30 = $3.80 / 13% - g
13% - g(54.30) = 3.80
7.059 - 54.30g = 3.80
- 54.30g = 3.80 - 7.059
- 54.30g = -3.259
g = -3.259 / - 54.30
g = 0.0600184162062615
g = 6%
Thus, the Growth rate = 6%
True
i search it up from quizlet and other webpages so i belive it is true
hope this help