Answer:
<u>income statement for the year ended </u>
investment income $48,000
Intergoverment grant 8,000
Net increase in fair value of investemnt <u> 2,000</u>
Total Income 58,000
Expenditure - Subscription <u>(39,500)</u>
Net income <u>18,500</u>
<u />
Balance sheet as at the year end
Asset
cash $8,500
Investment 518,000
Accrued interest receivable <u> 2,000</u>
<u> 528,500</u>
Additional to permanent endowments 510,000
Net Income <u> 18,500</u>
<u> 528,500</u>
Explanation:
Answer: Failed to informed the proper party
Explanation:
When negligence of the right deeds to be done in an organization is osetved by an individual working their, it is right report the situation that occurred to the right authority so that the right action would be taken which will not endanger the reporting individual or harm his employment in the organization. Erin's situation will be taken with kids glove due to she failed to report the situation to the appropriate party for investigations to be carried out.
Typically spends LESS to develop consumer brand awareness.
Answer:
$44.12
Explanation:
For computing the current share price first we have to determine the price of the stock which is shown below:
Price of the stock = Next year dividend ÷ (Required rate of return - growth rate)
where,
Next year dividend equal to
= $12.25 + $12.25 × 5.25%
= $12.25 + 0.643125
= $12.893125
So, the price of the stock is
= $12.89 ÷ (13.25% - 5.25%)
= $12.89 ÷ 8%
= $161.1640625
Now the current share price is
= Present value of the dividend + present value of the price of stock
= $12.25 ÷ (1 + 13.25%)^11 + $161.1640625 ÷ (1 + 13.25%)^11
= $44.12
