Answer:
$4.00
Explanation:
the required rate of return=dividend yield(2/3)+growth rate(1/3)
The dividend yield of the stock is defined as the expected dividend divided by the current share price
dividend yield=expected dividend(in 1 year)/share price
dividend yield=2/3*15%=10%
expected dividend=unknown
share price=$42
10%=expected dividend/$42
expected dividend=10%*$42=$4.20
expected dividend=D0*(1+g)
g=growth rate=1/3*15%=5%
$4.20=D0*(1+5%)
$4.20=D0*1.05
D0=$4.20/1.05
D0=$4.00
Answer:
Shawn would choose form 1040 filing tax form.
Explanation:
Answer:
1. Journal - Closing Entries
Date Account Titles Debit Credit
Sales Revenue $970,000
Income summary $970,000
(Closing of revenue account)
2. Closing the expenses accounts as necessary
Journal - Closing Entries
Date Account Titles Debit Credit
Income summary $888,000
Cost of goods sold $670,000
Salary expenses $150,000
Rent expenses $47,000
Interest expenses $21,000
(Closing of expenses account)
3. Closing net Income
Journal - Closing Entries
Date Account Titles Debit Credit
Income summary $82,000
Retained earning $34,000
Dividends $48,000
(Closing of net income)
Answer:
race and filing status
Explanation:
google will explain it for u .
happy 2020.
plz do not give your parents trouble and keep your area clean