Answer:
$16.93
Explanation:
Current stock price = dividend ( 1 + growth rate) / required return - growth rate
$1.4(1.04) / 0.126 - 0.04 = $16.93
<span>Palding hires an asian company to produce a specified volume of sports equipment that still carries spalding's name. this is an example of contract manufacturing. Contract manufacturing </span>occurs when a company hires a foreign company to produce a specified volume of the firm's product to specification. However, the final <span> product carries the domestic firm's name. </span>
Answer:
Prepare closing entries for Wildhorse Co. on December 31, 2017
Explanation:
Sales revenue 417.650
Sales discount 15.020
Cost of goods 224.679
Selling expense 16.320
Administrative expense 38.719
Income tax expense 30.480
sales return and allowance 11.914
retained earnings 104.346
The answer that completes the statement above is DECREASED DRASTICALLY. There has been an extreme decrease of the cost of the software, hardware, and telecommunications services that are required in order to create a Website because of the high availability of different kinds of softwares, and hardwares. The supply of these services is also increased over the last decade making its cost experience a substantial decrease.
