<span>Non price determinants are held constant for any given demand curve.
</span>Changes in nonprice determinants of demand that affect the opportunity cost or benefits of buying a good<span> cause shifts in the demand curve.</span>
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
Credit the cash or bank account (depending on how the payment was done), then debit the creditors account
Answer:
The following sets of percentages would be used to calculate the correct number of equivalent units in the ending work-in-process inventory:
D. Materials, 100%; conversion cost, 60%.
Explanation:
<em>The above is actually the best option which would be used to calculate the correct number of equivalent units in the ending work-in-process inventory.</em>
But you didn't gave any options...
