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grigory [225]
3 years ago
15

On January 3rd, Gates Gems returned merchandise they purchased on account from Jewelry Wholesalers in the amount of $1,450. What

is the transaction to reflect this return?
Business
1 answer:
kumpel [21]3 years ago
6 0

i think its called a no take backs

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Kinslow Manufacturing Company paid a dividend yesterday of $2.50 per share. The dividend is expected to grow at a constant rate
Ahat [919]

Answer:

15.50%

Explanation:

The computation of the cost of retained earning is shown below:

As we know that

Price = Dividend × (1 + growth rate) ÷ (required rate of return - growth rate)

$25 = $2.50 × (1 + 0.05) ÷ (required rate of return - 5%)

$25 = $2.625  ÷ (required rate of return - 5%)

After solving the required rate of return is 15.50%

We simply applied the above formula to find out the cost of retained earning

3 0
3 years ago
Product placement has reached the world of live theater and opera. The difference between product placement and other forms of p
AleksAgata [21]

Answer: Products are focused showing different angles.

Explanation:

Product placement is a form of advertisement in which a product is consciously placed in a televised show or video advert.

This done to draw the public attention to the specific product. The product can be the central attention point of the advert or may have repeated appearances in a show.

7 0
4 years ago
Last year, you purchased a stock at a price of $78.00 a share. Over the course of the year, you received $2.70 per share in divi
lutik1710 [3]

Answer:

5.65%

Explanation:

Last year a stock of $78.00 was bought

During the period of one year $2.70 was received in dividend and inflation averaged 3.2%

Today the shares was sold for $82.20

The first step is to calculate the nominal return

= ($82.20-$78.00+$2.70)/$78.00

= 6.9/78

= 0.0885×100

= 8.85%

Therefore, the approximate real rate can be calculated as follows

= 8.85%-3.2%

= 5.65%

Hence the approximate real rate of return on this investment is 5.65%

6 0
3 years ago
When direct materials are used in production, costs are assigned by debiting Work-In-Process Inventory and crediting __________.
astraxan [27]

Answer:

finished goods

Explanation:

I would assume finished goods. At a multiple process step company, you would again credit WIP materials

7 0
3 years ago
Your task is to take this and construct a graphical representation of the data. in doing so, you determine that as the price of
fenix001 [56]
<span>Your task is to take this and construct a graphical representation of the data. in doing so, you determine that as the price of soup rises, the quantity of soup demanded decreases. This confirms the Law of Supply and Demand which states that the supply is inversely proportional to the demand. Simply speaking, whenever there is an increase in the price, the supplier tends to produce an excess supply even though the demand is low to generate a greater profit.</span>
3 0
3 years ago
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