Answer:
c) 11%
Explanation:
The question is to determine the rate of return on Groupong Inc's
The rate of return represents an investment's net gain or net loss calculated over a period of time and usually expressed in terms of the percentage of the initial cost of investment.
The rate of return in this question is calculated as follows:
Rate of Return = (The Dividend for the next year/ the current price of the share) + The Growth rate
The dividend for the next year = current year dividend x (1+r), where r is 3.5
= 2.78 x (1+0.035)
=2.78 x 1.035
= (2.8773/38.3) + 0.035
=0.1101 or 11%
Answer:
1.How has the growing economy contributed to the growing mice industry?
2.Why does nobody know the size of mice market?
If the European Union put a quota on American jeans only allowing a small portion to be imported the demand for the jeans would rise even though the supply would not follow that. When there is a small limit on something that consumers want, the price usually goes up because they know they will sell the items regardless and in this case that may happen. The price of jeans will rise, the demand will rise, but the supply will not.
Answer:
The Journal Entry is as follows:
Loss on Impairment $8,400
Debt Investment ($8,400)
Explanation:
Given.
Carrying Value = $79,200
Decreased Value = $70,800
Differences = $79,200 - $70,800
Differences = $8,400
Since the loss in value is determined, uncollectible.
The required entry on the journal entry are the amount loss on impairment and the amount invested on debt.
The Journal Entry is as follows:
Loss on Impairment $8,400
Debt Investment ($8,400)
Age: 15
oldest age: 16
siblings: 1
