Joseph Swan but Thomas Edison later capitalized on the invention by improving it
They are referred to as installment notes
Answer: The correct answer is "C. An activity-based approach refines a costing system by focusing on individual activities as the fundamental cost objects. It uses the cost of these activities as the basis for assigning costs to other cost objects such as products or services.".
Explanation: The ABC costing model is a model that is based on the grouping into cost centers that make up a sequence of value of the products and services of the company's productive activity. It focuses its efforts on managerial reasoning in an adequate way the activities that cause costs and that are related through its consumption with the cost of the products. The most important thing is to know the generation of costs to obtain the greatest possible benefit from them, minimizing all the factors that do not add value.
Answer:
Today's price = = $30
Explanation:
The question requires the most price one is willing to pay today for the following
a) a stock that will sell for $30 in 1 year
b) Payout a dividend of $3
3) with a return rate on equity of 10%
To calculate the price for today or the present value,
we add the dividend expected to the selling price as follows
$3 + $30 = $33
The rate = 10% and the period = 1 Year
Present value = Future Value / (1+r)∧n
= 33/ 1.1
= $30
