The current price of the stock is $68.04. The most recent price at which a security was sold on an exchange is the current price.
<h3>Does the market price match the present pricing?</h3>
Both buyers and sellers use the current price as a benchmark. The asking price is a good reflection of current worth, but depending on supply and demand, the actual selling price could be greater or lower.
The current price, often known as the "market price," is the cost that was most recently exchanged for a share or unit of security, coin, good, or precious metal that is traded on an exchange. The market capitalization, or "market cap," of a firm is calculated using the market price per share.
Given:
Current Price = D1/(ke - g)
D1 = 3.10 × (1 + .0425)
ke = 9%
g = 4.25%
Current price = 3.10 × (1+.0425)/(9% - 4.25%) = $68.04
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Answer:
Debit Bad debt expense $15,120
Credit Allowance for doubtful debt $15,120
Being entries to record estimated bad debts
Explanation:
When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.
To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.
Where a debit that had previously been determined to have gone bad gets settled, debit cash and credit bad debt expense.
Account receivables balance as at year end
= $257,000 - $131,000
= $126,000
Allowance for doubtful debt = 12% * $126,000
= $15,120
Answer:
A) Scan the highway far and wide.
B) Think about how slow, stop or change lanes suddenly.
Explanation:
The Smith Driving Standards can be a very useful guide for defensive driving techniques. It includes the Five Principles of Defensive Driving:
- Aim high
: you should be alert and focused, and your head should be held up high so that you can view the whole road.
- The Big Picture
: try to identify angry or erratic drivers, and always be aware of your surroundings.
- Keep Your Eyes Moving: you must be alert and keep your eyes on the road.
- Leave Yourself An Out
: try to anticipate what other drivers are doing so that you have a possible exit in case you need to change lanes suddenly.
- Ensure they see you: make sure other drivers have noticed you.
D is the answer to your question
