Answer:
The maximum amount that should be paid today is $11.29
Explanation:
The constant growth model of the DDM approach can be used to calculate the price or fair value per share today based on the expected dividends that the stock will pay. As the dividends are declining n this case, the dividend growth will be negative i.e. -1.5%
The formula for the price of share today is,
P0 or V = D1 / r - g
Thus,
P0 = 1.75 / (0.14 + 0.015)
P0 = $11.29
The higher the interest rate, the more money you will pay back from using their credit card.
the answer is a stock
a stock is <span>the goods or merchandise kept on the premises of a business or warehouse and available for sale or distribution
investment is </span><span>the action or process of investing money for profit or material result
a rebate is </span><span>a partial refund to someone who has paid too much money for tax, rent, or a utility
a bond is </span><span>a thing used to tie something or to fasten things together</span><span>
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Answer:
a) the activities of the various departments in the plant are not homogeneous.
Explanation:
When the activities are homogeneous in nature then common factor for such allocation can be derived.
With that the activities overhead cost would be allocated based on that common factor.
But when the activities are not homogeneous in nature then there can not be any common basis to allocate factory overheads in that case the company uses the plant wide overhead rate that is generally predetermined based on budgets.
Answer:
A. Is the same as convergence of accounting standards
Explanation:
Harmonization of accounting standards mean the process of increasing the compatibility of accounting practices by setting bounds for the degree of variations.
The notion of harmonization can be replaced by the concept of convergence.
Harmonization of international accounting standards is an imposition of standards by economically superior countries.