Answer:
January 18, 202x, merchandise sold using credit cards
Dr Cash 18,430
Dr Credit card fees 570
Cr Sales revenue 19,000
When credit card sales are deposited immediately (e.g. VISA, MasterCard) they are considered cash sales. When the credit card companies delays the deposit, they are considered accounts receivable, e.g. American Express.
Answer: The Clean Water Act (CWA) of 1972 did all of the following except
<u>take over the EPA's authority to impose pollution control programs.</u>
Answer:
Stock price = $74.26
Explanation:
<em>The value of a share can be determined using the price earning ratio model. According to this model, the price of a share is estimated as the EPS of the company multiplied by a representative (benchmark) price- earning (P/E) ratio</em> .
The ratio relates the price of a stock to its earning. A stock with a higher P/R indicates a high potent for growth.
Price of stock =Earnings per share( EPS) × benchmark P/E ratio
The appropriate comparative price earnings ratio in the question has been given as 18.8 times.
DATA-
EPS- 3.95
PE- 18.8
Stock price = 3.95 × 18.8= $74.26
Stock price = $74.26