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Alina [70]
3 years ago
8

Required Journal entry

Business
1 answer:
OverLord2011 [107]3 years ago
5 0

Mwlqlqmqnqn im not sure...

Explanation:

Nakwqqhthats

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Networking skills,organization skills, listening skills, and speaking skills hope that helps
5 0
3 years ago
Read 2 more answers
Which of the following is a likely reason that a company would move its facility from one location to another?
Finger [1]
A likely reason that a company would move its facility from one location to another is that they would like to access various modes of transportation, such as boats and/or railroad.
7 0
3 years ago
Suppose DeepMind Inc. will pay $1.50 per share in dividends next year. The require return on the stock is 10% and its dividends
Brums [2.3K]

Answer:

C. All else being equal, the growth rate of the dividends is greater than 2%

Explanation:

The formula to calculate the fair price of a stock with a constant growth in dividends is as follows,

  • P = D1 / r-g
  • Where D1 is the dividend next period
  • r is the required rate of return
  • g is the growth rate in dividends
  • P = 1.5 / 0.1 - 0.02 = 18.75
  • We are taking 1.5 as D1 as it is the dividend per share DeepMind will pay next year.

So, we will be willing to pay more than 18.75 if the fair price per share today is greater than 18.75. We check all the 3 options.

A. say the required rate is 10.1%

  • P = 1.5 / (0.101 - 0.02) = 18.52
  • So if the required rate of return increases from 10%, the fair price per share is falling and we will be willing to pay less than 18.75 per share.

B. P = 1.2 / (0.1 - 0.02) = 15

  • If D1 = 1.2,the fair price per share will be 15 which is less so we will not be willing to pay more than 15 for such share.

C. Say the growth rate in dividends is 2.1%

  • P = 1.5 / (0.1 - 0.021) = 18.99
  • The fair price per share increased to 18.99 if the growth rate in dividend increases by 0.1 percentage point. Thus, C is the correct answer

3 0
3 years ago
Milani, inc., acquired 10 percent of seida corporation on january 1, 2017, for $190,000 and appropriately accounted for the inve
Natalija [7]

The 2018 journal entries for Milani<span> related to its investment in </span>Seida<span> are its share in net income and share in dividends. The investment in considered as investment in associate since there is already the significant influence in </span>Seida. These are the journal entries: 

 

<span>Investment in </span>Seida                                                             12,0000 

<span>       Share in net income of </span>Seida<span> ($30,000 x 40%)                            12,000</span> 

               #

Cash ($110,000 x 40%)                    44,000 

<span>        Investment in </span>Seida                                   44,000<span> </span>

<span>               #</span>

6 0
3 years ago
Cala Manufacturing purchases land for $390,000 as part of its plans to build a new plant. The company pays $33,500 to tear down
Svetlanka [38]

Answer:

Explanation:

The journal entry is shown below:

Land A/c Dr $470,500

Land Improvement A/c Dr $87,800

Building A/c Dr $1,452,200

 To Cash A/c                               $2,010,500

(Being these costs are recorded)

The computation of the land is shown below:

= Purchase cost of new plant + tear down cost + fill and level the lot cost

= $390,000 + $33,500 + $47,000

= $470,500

7 0
3 years ago
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