Answer:
self financing
Explanation:
self-financing is an arrangement of taking care of mortgage by the seller instead of by finance institution. In this arrangement mutual understanding is set up between the buyer and seller on mortgage. some amount of money is set aside as down payment by the buyer to the purchaser and the desired installment has made for further deposition of loan.
Answer:
D. Invoice
Explanation:
As the customer purchase the company products on credit basis so the company issue the invoice and give to the customer which specify the number of products sold with the price and the quantity the due amount, the payment date, cash discount if the customer pay the amount within to prescribe the time
So, no other document is issued i.e statement, purchase order or sale receipt
Answer:
<u>$1,300</u>
Explanation:
Only the cost that are directly related to the business conference is to be deducted as Melissa's business tax. Sightseeing cost is therefore not part of her original plan. The business related cost are therefore;
- <u>$400 for round-trip airfare to San Francisco</u>
- <u> $250 fee to register for the conference,</u>
- <u> $300 per night for three night’s lodging,</u>
- <u> $200 for meals, and</u>
- <u> $150 for cab fare.</u>
A summation of this cost would give $1,300 as the amount of the total costs that can Melissa deduct as business expenses.
Answer:
Using the dividend discount formula we can find what the price of a stock should be using its growth rate, required return and dividend amount.
The formula is D*(1+G)/R-G, where d= dividend, G= Growth rate and R = required return. In this case we know the dividend is 2.50, the growth rate is 4% and the required return is 15% so in order to find the value or price of the stock we will input these values in the formula.
2.5*(1+0.04)/0.15-0.04=23.63
According to the dividend discount method the price of the stock should be $23.63.
Explanation: