Answer:
* The stock price in five years if the P/E ratio remained unchanged: $33.64
* The price be if the P/E ratio increased to 22 in five years: $37.77.
Explanation:
As the dividend has been growing at 7.25% each year in the next five years, earnings per share in the next five years should grow at the same rate, and earnings per share in year five will be: 1.21 x (1+7.25%)^5 = $1.717.
* The stock price in five years if the P/E ratio remained unchanged will be equal to:
Earning per share in the next five years x Current P/E ratio = 1.717 x 19.59 = $33.64
* The price be if the P/E ratio increased to 22 in five years will be equal to:
Earning per share in the next five years x New P/E ratio = 1.717 x 22 = $37.77.
Answer and Explanation:
The journal entries are shown below:
On Apr 2
Petty cash $290
To Cash $290
(Being the establishment of the petty cash fund is recorded)
For recording this we debited petty cash as it increased the cash and credited the cash as it reduced the assets
On Apr 10
Mail & Postage $62
Contributions and Donations $33
Meals & entertainment $114
Cash Short and Over $4 ($290 - $62 - $33 - $114 - $77)
To Cash $213
(Being the replenishment of the fund is recorded)
For recording this, we debited the mail & postage, contributions & donations, meals & entertainment as it increased the expenses and credited the cash as it reduced the assets and the balancing figure is debited to cash short and over
On Apr 11
Petty Cash $140 ($430 - $290)
To Cash $75
For recording this we debited petty cash as it increased the cash and credited the cash as it reduced the assets
The medical administrative assistant is responsible for managing the front desk operations of a medical facility ( s hospital, a physician's office...). The job of a medical administrative assistant includes: communicating with patients, scheduling appointments, accounting and billing, filing insurance claims, maintaining records.<span> For a future medical administrative assistant it is important to understand of basic accounting and banking procedures because his/her job will require </span>handle billing and light bookkeeping.
Using vivid imagery to help listeners see the benefits of the plan you are advocating is crucial to the VISUALIZATION step in Monroe's motivated sequence.
Hope this helps!
<3
Answer:
The correct answers are:
B.) in value.
B.) Tariffs and import quotas generally reduce economic welfare.
Explanation:
In the first case, both economists disagree on a value issue.
One of them believes that government programs cause more harm than good, while the other believes that it helps the less fortunate, this is an example that <u>the difference is in value, over whom the government helps.
</u>
Despite their differences, the proposition in wich this two economists are most likely to agree is Tariffs and import quotas generally reduce economic welfare.
Because both believe, at some point, that government participation in the economy is ineffective.
One believes that it is totally inefficient and another believes that it is only partially, therefore <u>both would agree on this.</u>