Answer:
A. Bill’s collected $15,600 from customers for services related to games played in July.
Dr Cash 15,600
Cr Service revenue 15,600
B. Bill’s billed a customer for $600 for a party held at the center on the last day of July. The bill is to be paid in August.
Dr Accounts receivable 600
Cr Service revenue 600
C. The men’s and women’s bowling leagues gave Bill’s advance payments totaling $1,850 for the fall season that starts in September.
Dr Cash 1,850
Cr Unearned service revenue 1,850
D. Bill’s received $1,500 from credit sales made to customers last month (in June).
Dr Cash 1,500
Cr Accounts receivable 1,500
Answer:
Benefits from related & unrelated diversification.
Explanation:
Firms' benefit(s) from related diversification :
- Building & developing market power - By sharing the related diversification going on in entire industry.
- Sharing activities & market linkages with other businesses - Associated diversification implies forward & backward linkages.
Firms' benefit(s) from unrelated diversification :
- Leveraging & enhancing different core competencies, USP - By Focusing on self paced unique diversification
- Creating a different ostentation brand - Creating a strong brand, capable of becoming a market leader, rather than market follower
Key concepts explaining firm success or failure from either diversification are implicit within above explanation.
Answer: A
Explanation:
Idk I’m just guessing bc the person who tried before gave us a whole book so
Answer:
8%
Explanation:
This is calculated by using the Gordon growth model (GGM) formula which has the assumption that
dividend growth rate will be stable year after year forever. The formula is as follows:
P = d/(r – g) ……………………………………… (1)
Where;
P = current share price = $24.38
d = next year dividend = 0.56*1.06 = 0.5936
r = required return = ?
g = dividend constant growth forever = 6%, or 0.06
Substituting the values into equation and solve for r, we have:
24.38 = 0.5936/(r – 0.06)
24.38(r – 0.06) = 0.5936
24.38r – 1.4628 = 0.5936
24.38r = 0.5936 + 1.4628
r = 2.0564/24.38
r = 0.08, or 8%
Therefore, the required return on SONC is 8%.