Answer:
The required rate of return is 16%
Explanation:
The constant growth model of the DDM is used whenever the dividends are expected to grow at a constant rate in the future forever. The formula for the constant growth model to calculate the price of the share today is,
P0 = D1 / r-g
Where D1 is dividend next year or D0 *(1+g)
r is the required rate of return
g is the growth rate in dividends
Plugging in the available variables, we can calculate the required rate of return (r).
18.22 = 2.4 * (1+0.025) / r - 0.025
18.22 * (r-0.025) = 2.46
18.22r - 0.4555 = 2.46
18.22r = 2.46 + 0.4555
r = 2.9155 / 18.22
r = 0.1600 or 16.00%
Conducting yourself ethically and legally could have examples of: making products that are trustworthy, don't false advertise (yes, you can legally do things like endorsements and bandwagons, but you can't say "If you buy this product, you will be elected to a high office!".
The Belmont report's principle of respect for persons incorporates at least two ethical convictions:first, that individuals should be treated as autonomous agents, and second, that persons with diminished autonomy are entitled to protection.
Belmont Report (1979) Developed by National Commission for the Protection of Human Subjects of medicine<span> and </span>behavioral analysis<span>. I</span>t's an announcement<span> of basic </span>moral<span> principles and </span>tips<span>. </span>
<span>Easy to </span>browse<span> and succint report </span>wont to<span> guide </span>analysis<span> and </span>guarantee<span> protection of participants</span>
Answer:
Explanation:
The journal entries are shown below:
a. Inventory A/c Dr $26,000
To Notes payable A/c $26,000
(Being inventory is purchased for signing the short term notes payable)
b. Interest expense A/c Dr $780
Notes payable A/c Dr $26,000
To Cash A/c $ $26,780
(Being cash is paid on maturity)
The interest expense is computed below:
= Principal × rate of interest × number of months ÷ (total number of months in a year)
= $26,000 × 6% × (6 months ÷ 12 months)
= $780
The 6 months is calculated from March 1 to September 1
