Answer:
10.03%
Explanation:
Using the dividend discount formula, find the cost of equity; r
whereby,
D1 = Next year's dividend = 5.29
P0 = Current price of the stock = 79.83
g = growth rate of dividends = 3.40% or 0.034 as a decimal
Next, plug in the numbers to the formula above;
As a percentage, r = 10.03%
Therefore, the company's cost of equity is 10.03%
Answer:
a. Sep 10
b. $21,823
c. $21,500
Explanation:
a) Due date of the note
July 13 to 31 = 19 days
Aug 1 to 31 = 31 days
Sep 1 to Sep 10 = 10 days
due date is Sep 10
b) Maturity value of the note
$ 21500 + $ 21500*9%*60/360
= $ 21823
c) Journal entry
Cash debit $ 21823
interest recieved credit $323
Notes Receivable credit $ 21500
According to growth accounting studies, investing in research and education is the best way to achieve greater technological progress.
<h3 /><h3>What is growth accounting?</h3>
It corresponds to a metric to identify which are the factors that most impact economic growth, also finding the rate of technological progress of a business.
Therefore, the greater investment in research and education, the more effective growth accounting measurements will be for identifying technological progress.
Find out more about growth accounting here:
brainly.com/question/15093997
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Answer: Actual overhead costs always enter the Work-in-Process account.
Explanation:
The work-in-process account is an account where the value of goods yet to be completely produced are recorded while the overhead cost is simply a business running cost, that is cost on expenses the business makes to keep functioning.
Overhead cost is not recorded in work-in-process account, rather it is recorded as business expenses.
Capital.
Capital goods are those goods that are used for further production of other commodities. They are used in the future for purpose of productivity. These goods have derived demand and helped in raising the productive capacity of the business.
