Answer: 10%
Explanation:
Using the Gordon Growth Model, the price of a stock can be calculated as follows:
Price = Next dividend / (Required return - growth rate)
Notice that we are provided with all the figures in the formula above except the growth rate so we can calculate the growth rate with these figures:
50 = 5 / (20% - growth rate)
50 * (20% - growth rate) = 5
20% - growth rate = 5 / 50
-growth rate = 10% - 20%
-Growth rate / -1 = -10% / -1
Growth rate = 10%
Answer:
-$210,000
Explanation:
Issued Common Stock at par for Cash $250,000
Less:
Declared and paid a cash dividend $20,000
Repayment of 6-year note payable $440,000
Net Cash provided by Financing Activities ($210,000)
Answer:
These are the options for the question:
- Complications due to franchising issues.
- The taxes imposed by some foreign countries on marketing activities.
- Differences in the way consumers see themselves and in the way they see products and services.
- Currency differences.
- Anti-discrimination regulations prohibiting segmentation and targeting in developing countries.
And this is the correct answer:
- Differences in the way consumers see themselves and in the way they see products and services.
Explanation:
The correct option is related to cultural differences. People from different countries see themselves and products and services in a distinct manner.
For example, people in Muslim countries do not eat pork because they would perceive themselves as sinners if they did so, since the Quran forbids the consumption of pork. A pork-producing company cannot enter this market, and would have to offer a different product.
Another, more nuanced example would be within the U.S. New Yorkers generally do not like pre-made, chain-based Pizza because New York has many family and gourmet pizzerias. Pizza chains should emphasize quality or convenience (or both) when marketing for the New York marketing.
Answer:
March 12 Medical waste expense 9100 Dr
Accounts Payable 9100 Cr
March 31 Accounts Payable 9100 Dr
Cash 9100 Cr
Explanation:
To record the services we received and have not paid for, we simply charge the service received as an expense and debit it and credit the Accounts Payable against it.
We use the relevant name for the service that we have created in our books. In this case, I have used the name Medical waste Expense.
The terms 2/10 n/30 means a 2% discount can be enjoyed by Grace Hospital if it pays the creditor within 10 days of receiving the service while n/30 means that the payment is to be made within the next 30 days from the day when service is received.
Grace doesn't pay for the services in the first 10 days there by missing on the discount and the whole amount is paid on 31 march. We debit the Accounts Payable as the liability has been settled and credit the cash through which payment is made.
