Answer:
A) $60.00
Explanation:
to calculate the value of Sultan's stocks, we need to use the growing perpetuity formula:
stock price = dividend / (required return rate - growth rate)
- dividend = ($6,000,000 x 60%) / 1.2 million shares = $3,600,000 / 1.2 million shares = $3 per share
- required return rate = 10%
- growth rate = 5%
stock price = $3 / (10% - 5%) = $3 / 5% = $60 per share
Answer:
Blossom record $161,100 as cost of land.
Explanation:
Here, we are to calculate amount recorded as the cost of the land purchased by Blossom company.
We proceed mathematically;
From the question;
Calculation of land cost = cash payment + property tax value + Title and attorney fees + Grading cost
Cost of land = 150,000 + 5,200 + 2,000 + 3,900 = $161,100
Blossom record $161,100 as cost of land.
Answer:
<em>d. cluster sample
</em>
Explanation:
Cluster sampling is characterized as a sampling method which various clusters of individuals are generated from a population where they are representative of homogeneous features and have equal opportunities to be component of the sample.
<em>A simple random sample is generated from the various clusters in the population in this sampling method.</em>
<h2>Answer</h2>
Those with a <u>(c) Proactive</u> personality identify opportunities, show initiative, take action, and persevere until meaningful change occurs, compared to others who passively react to situations.
<h2>#CarryOnLearning ☺︎︎</h2>
Answer:
$2,580
Explanation:
The computation of inventory is shown below:-
The inventory is to be value through lower cost and market value
Inventory items Cost of Market value of lower cost and
inventories inventories market value
Bottles of Clean Z $540 $621 $540
(270 × $2) (270 × $2.30)
Boxes of Dye Z $2,380 $2,040 $2,040
(170 × $14) (170 × $12)
Total $2,580
