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4 years ago

12

Increases to owner's equity may be from expenses that are incurred. expenses exceeding revenue for the period. withdrawals of ca

sh from the business by the owner. revenue that is derived from sales of goods or services

1 answer:

Trava [24]4 years ago

3 0

Revenue that is derived from sales of goods or services

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Total surplus with a tax is equal to a. consumer surplus minus producer surplus. b. consumer surplus plus producer surplus plus

anygoal [31]

Answer:

Option (b) is correct.

Explanation:

The total surplus is defined as the sum total of producer surplus and consumers surplus. Total surplus with a tax is defined as the combined total of producers and consumers surplus and tax revenue that is earned by the government of a particular nation.

Consumers surplus = Willingness to pay for the product - Actual amount paid for the product

Producers surplus = Actual amount received for the product - Willingness to accept for the product

6 0

3 years ago

Colgate-Palmolive Company has just paid an annual dividend of . Analysts are predicting dividends to grow by per year over the n

denis23 [38]

The amount of $97.85 is the price that dividend-discount model predict that Colgate stock should sell for today

<u>Given Information</u>

Current dividend (D0) = $1.59

Dividend payments for next five years includes:

D1 = 1.59 +0.18

D1 = 1.77

D2 = 1.77 +0.18

D2 = 1.95

D3 = 1.95 +0.18

D3 = 2.13

D4 = 2.13 +0.18

D4 =2.31

D5 = 2.31 +0.18

D5 =2.49

Year Cash Flow PVF at 8.1% Present value

1 1.77 0.92506938 1.637372803

2 1.95 0.855753358 1.668719048

3 2.13 0.791631229 1.686174517

4 2.31 0.73231381 1.691644901

5 2.49 0.677441082 <u>1.686828295</u>

Present value of Dividends <u>8.3707</u>

PV of remaining dividends in 5 year = D5 x (1+g)/(Ke-g))

PV of remaining dividends in 5 year = 2.49(1+0.061)/(0.081-0.061)

PV of remaining dividends in 5 year = $132.0945

Given that g=6.1%, ke=8.1%

PV of remaining dividends in year = 0 = PV of the remaining dividends in year 5* 1/(1+0.081)^5

= 132.0945 * 1/(1+0.081)^5

= $89.48624

As per dividend-discount model, Colgate stock should sell for today = PV of Dividends till 5th year + PV of Remaining Dividend at t=0

= $89.48624 + $8.3707

= $97.8531

= $97.85

Hence, the amount of $97.85 is the price that dividend-discount model predict that Colgate stock should sell for today.

Read more about dividend

<em>brainly.com/question/3161471</em>

8 0

2 years ago

Prepare a Trial Balance The following balances were taken from the general ledger of Howser Corporation as of December 31. All b

bija089 [108]

Answer:

Trial balance

Particulars Debit Credit

Cash $6,000

Account receivable $10,800

Equipment $30,000

Account payable $6,000

Common Stock $36,000

Dividend $2,400

Sales revenue $17,200

Administrative expense $8,000

Utilities expense <u>$2,000 </u> <u> </u>

Total <u>$59,200</u> <u>$59,200</u>

7 0

3 years ago

Amber Corporation donated inventory of clothing (basis of $136,000, fair market value of $170,000) to a qualified charitable org

viva [34]

Answer:

charitable contribution deduction = $153000

Explanation:

given data

basis = $136,000

fair market value = $170,000

solution

we get here charitable contribution deduction that is express as

charitable contribution deduction = Basis + 50% of (Fair - basis) .......................1

put here value and we get

charitable contribution deduction = $136,000 + 0.50 ($170,000 - $136,000 )

charitable contribution deduction = $153000

3 0

4 years ago

Kellogg's sells many different breakfast cereals, including Corn Flakes, Rice Krispies, Frosted Flakes, Raisin Bran, and Special

Ede4ka [16]

Answer:

False.

Explanation:

Product mix: It the line of product that the company offers to the consumer under a single brand. It helps the new product to take advantage of the credibility of the popular product under the same brand.

The product mix includes 4 elements:

Length
Breadth.
Depth
Consistency.

The breadth of product mix refer to the number of product line offered to the consumer. The company develop a breadth of product mix to reduce the risk of one product.

In the given case, Kellogg´s sells many different breakfast cereals is an example of the consistency element of product mix, wherein different closely related product is sold as Kellogs has the unique selling point of breakfast cereals.

3 0

3 years ago