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Paul [167]
3 years ago
5

On January 14, Whispering Winds Corp. purchased supplies of $460 on account. The entry to record the purchase will include

Business
1 answer:
leonid [27]3 years ago
3 0

Answer:

Debit : Supplies  $460

Credit : Accounts Payable $460

Explanation:

The entry to record the purchase of supplies will include a Debit to Asset Account - Supplies and a Credit to Liability Account - Accounts Payable at value of $460.

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CDB stock is currently priced at $82. The company will pay a dividend of $4.65 next year and investors require a return of 10.9
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Answer:

g = 0.05229 or 5.229% rounded off to 5.23%

Explanation:

Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,

P0 = D1 / (r - g)

Where,

  • D1 is dividend in year 1 or the next dividend
  • g is the growth rate
  • r is the required rate of return

Plugging in the available values for P0, D1 and r, we can calculate the value of g.

82 = 4.65  /  (0.109 - g)

82 * (0.109 - g) = 4.65

8.938 - 82g  =  4.65

8.938 - 4.65 = 82g

4.288 = 82g

g = 4.288 / 82

g = 0.05229 or 5.229% rounded off to 5.23%

8 0
3 years ago
The government tax for a sole proprietorships and a partnership is classified under
guapka [62]

Answer:

the answer is personal income

7 0
3 years ago
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Assume that Abby, Ben, Clara, Joe, and Matt are the only citizens in a community. A proposed public good has a total cost of $1,
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4 years ago
On the foundation day of an organization, the president of the organization awards exceptionally performing employees with a bou
MA_775_DIABLO [31]

Answer:

Ceremony

Explanation:

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The person responsible for having the shipping papers on a ship carrying hazardous cargo is the
stira [4]
This would be the captain. If you need any further explaining, defining, or methods of answering, let me know and I'll do my best to help further. :)
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