Answer:
Explanation:
first of all we need to identify required rate of return
as per the given date in the question we can apply Capita asset pricing model to identify the Ke that is cost of equity.
We have
Ke = Rf+(Rm-Rf)*beta
Ke=2%+(7%-2%)*1.39
Ke=2%+(5%)*1.39
Ke=2%+6.95
Ke=8.95
Now we need to identify the share price after five year with same return
Share price = 862*(1+8.95%)^5
Share price after five year = 1323.255
Answer:
Dr Salaries Payable $3000
Dr Salaries Expense $3600
Cr Cash $6600
Explanation:
Preparation of the entries to record the $6600 payment of salaries in January of the following year.
Based on the information given Appropriate journal entries to record the $6600 payment of salaries in January of the following year will be:
Dr Salaries Payable $3000
Dr Salaries Expense $3600
($6600-$3000)
Cr Cash $6600
(To record payment of salaries)
The plan to evacuate the Outer Banks of North Carolina was a(n) action plan.
Explanation:
An action plan is a document that lists what steps need to be taken to achieve a specific objective. An action plan is a series of actions that need to be taken or tasks that need to be performed well, for a successful strategy.
An action plan seeks to explain what resources are needed to accomplish the goal, to formulate a timetable for when certain activities need to be accomplished and to decide what resources are needed.