Answer:
The forecast of growth is 9%
Explanation:
The dividend discount model is used to discount future dividends at the cost of equity to find the Value of the stock and is appropriate to use in this instance
SP = D1/r - g
What we have D1 $4, SP $80, r 14% we need to find the forecast of growth
Plug in the values in the formula
80 = 4/ 0.14 - g
80(0.14-g) = 4
80(0.14-g)/80 = 4/80
0.14 - g = 4/80
-g = 4/80 - 0.14 = -0.09
g = 0.09/9%
Answer:
yes it was correct but i was in shields and i’m going on the right now so it is a
Explanation:
Which of the following does <em>Not</em> Apply to the field.
Please put all the questions asked but if this is computer applications then the answer is.
APEX! It is made up of several records
Answer and Explanation:
The adjusting journal entries are as follows:
On Dec 31
Amortization expense $22,150 ($110,750 ÷ 5 years)
To Copyrights $22,150
(Being amortization expense is recorded)
Here amortization expense is debited as it increased the expenses and credited the copyrights as it decreased the assets
On Dec 31
Amortization expense $19,250 ($38,600 ÷ 6 years × 10 ÷ 12)
To Patents $19,250
(Being amortization expense is recorded)
Here amortization expense is debited as it increased the expenses and credited the patents as it decreased the assets
On Dec 31
No journal entry is required
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❖ The correct answer choice is B. the City Hotel.
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