Answer:
True
Explanation:
Because the employers are the one who decide what to do
Answer:
Journal of given entries
Explanation:
to Sales ac 20000
to Account Receivables ac 17400
- Prepaid Insurance ac dr 4900
to Cash ac 4900
- Accounts Payable ac dr 990
to Cash ac 990
to Prepaid Insurance ac 3900
to Advance ac 7700
to Cash ac 1420
to Cash ac 1200
Labor costs that are clearly associated with employees who directly convert materials to finished product are called direct labor
<h3>What is direct labor?</h3>
Direct labour are labor that are used for production.
It includes casual workers in factory, processing and packaging.
Therefore, Labor costs that are clearly associated with employees who directly convert materials to finished product are called direct labor
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Answer:
Pregnancy Discrimination Lawyers
Explanation:
Answer:
The intrinsic value per share is $33.92
Statement A is true about the constant growth model.
A. The constant growth model can be used if a stock's expected constant growth rate is less than its required return
Explanation:
The fair value or the intrinsic value per share of a stock whose dividends grow by a constant rate forever can be calculated using the constant growth model of dividend discount model approach. This model values a stock based on the present value of the expected future dividends from the stock. The fair value today under this model is calculated as follows,
P0 = D0 * (1+g) / (r - g)
Where,
- D0 * (1+g) is the dividend for the next period or D1
- r is the required rate of return
- g is the constant growth rate
P0 = 2.88 * (1+0.06) / (0.15 - 0.06)
P0 = $33.92
The constant growth model can only be used when the sustainable or constant growth rate is less than the required rate of return because a growth rate which is higher than the required rate of return will provide a negative share price and the prices for shares can never be negative. Thus statement A is correct.