Anything that is possessed with funds or luxury or heirloom items
Answer:
$66.9725
Explanation:
Data provided in the question:
Dividend:
D1 = $1.20
D2 = $1.40
D3 = $1.55
Expected future price, P3 = $82
Required return = 8.9 percent = 0.089
Now,
Stock price today = Present value of dividends and the future value
Stock price today = 
or
Stock price today = 1.1019 + 1.1805 + 1.2001 + 63.49
or
Stock price today = $66.9725
Answer:
b) Additional paid-in capital.
Explanation:
Closing process in accounting is a period end activities which involves
the movement or transfer of temporary accounts to permanent accounts.
Temporary accounts are all income statement accounts like sales account, rent account, depreciation expense account, telephone expense account e.t.c.
This exercise is to prepare temporary accounts for the next period. since temporary accounts are measured as at period end, the transaction of a period must not be allowed to mix with another, hence the need to always close or bring to zero all temporary accounts.
In the question, all are income accounts except additional paid-in capital
Minor criminal offense, specifically a strict liability offense. Strict liability refers to an offense made regardless of the the intent of action. In other words, even if you have no malicious intent, you are still liable for the offense. Another example is possession of drugs.
Answer:
€4,883,000
Explanation:
The computation of cost of sales is shown below:-
Inventory = 35,000 ÷ €12
= 2,917 units
Weighted average cost of inventory
= (2,917 × €12) + (35,000 × €14)
= €35,004 + €490,000
= €525,004
So weighted average cost = €525,004 ÷ €40,833.33
= €12.85
So, cost of sales = weighted average cost × sold units
= €12.85 × 38,000
= €4,883,000
