Answer:
ALL
Explanation:
All of the following is true about a "credit"
I. It is part of the double-entry procedure that keeps the accounting equation in balance because, double entry is made up of 'debit' and 'credit' as the principle states: 'credit the giver and debit the receiver' hence, in order for the accounting equation to be balanced, every debit must have a corresponding credit
II. It represents a decrease to assets because just like the principle states: 'credit the giver and debit the receiver', it therefore implies that a 'credit' entry will decrease the balance on the account because it is giving.
III. It represents an increase to liabilities because liability accounts already have credit balances by nature, therefore a 'credit' entry will be increasing the already existing credit balance.
IV. It is on the right side of a T-account. This is a true statement because in T-account construction the debit is on the left and the credit on the right.
Answer:
$50.8
Explanation:
As per given Data
Dividend Paid = $3
Worth of the stock is the present value of all the cash flows associated with the stock. Dividend is the only cash flow that a stock holder receives against its investment in the stocks. We need to calculate the present values of all the dividend payments.
Formula for PV of dividend
PV of Dividend = Dividend x ( 1 + growth rate )^n x ( 1 + r )^-n
1st year
PV of Dividend = $3 x ( 1 + 20%)^1 x ( 1 + 14% )^-1 = $3.16
2nd year
PV of Dividend = $3 x ( 1 + 20%)^2 x ( 1 + 14% )^-2 = $3.32
3rd year
PV of Dividend = $3 x ( 1 + 20%)^3 x ( 1 + 14% )^-3 = $3.50
After three years the dividend will grow at a constant rate of 5%, so we will use the following formula to calculate the present value
PV of Dividend = [ $3 x ( 1 + 20%)^3 x ( 1 + 5%) / ( 14% - 5% ) ] x [ ( 1 + 14% )^-3 ]
PV of Dividend = $40.82
Value of Stock = $3.16 + $3.32 + $3.50 + $40.82 = $50.8
Melanie's team should create an ad with an attractive image and minimal text.
Option B
<u>Explanation:</u>
Creating an advertisement with relevant and attractive image along with minimal texts like taglines would publicize the brand and would deliver the relevant message or information among the mass audience with ease and efficiency.
The color and contrast are also one of the important element in editing the image that has been selected for an advertising poster as this would readily catch the eyes of the target audience.
Writing a pretty long text would not help as a passerby would never wait and read all the texts. Creating a poster with an attractive image and no text would not give the idea about what the ad is.
Therefore, advertising in outdoor would be created with a catchy image and slogan or tagline.
Answer:
International business is the correct answer.
Explanation:
- International business includes all economic activities that take place for the movement of resources, services, goods, people, thoughts, and technologies across national borders.
- International business is important because International exchange makes the business more successful and to increase the market of its country.
- The benefits of international business are: It Increase the Organization's reputation and expand the Company Markets.
Answer:
It is $18,290.24
Explanation:
Profit after Tax (65%) = addition to retained earnings+dividend paid
= $411 + $285
= $ 696
Profit before Tax = [100/65] * $ 696
= $1070.76
Tax (35%) = 35% * $1070.76
= $374.77
Gross Profit = Profit before tax + Total expenses
= $1070.76 + [ $4,370+ $103+ $812]
= $6355.76
Cost of Sales= $24,646 -$6355.76
= $18,290.24 .
Note
-Dividend is paid is paid from profit after tax
