Answer:
The amount of interest revenue is $ 3,996.
Explanation:
The Lease receivable at December 31,2021 is =79,100-12,500=66,600
Acording to the details The X Interest rate is 12% and The X Fraction of year is 6/12.
Hence, the calculation of The Interest revenue in December 31,2021 is =
=66,600×12%×6/12= $ 3,996 is the amount of interest revenue from the lease should smith co report in its dec 31 2021 income statment
Answer:
D. usually produces an inefficiently small level of output.
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices is usually set by market forces. There is no need for advertising because all firms produce homogenous products. There is little or no need for government regulation because goods and services are efficiently distributed.
A monopoly is characterised by one firm in the industry. The firm sets the market price. The government regulates the activities of the activities of a monopoly to reduce inefficiency that usually occur. Either quantity produced or price are usually regulated by the government to reduce inefficiency and ensure fair distribution of goods and services.
Monopoly firms usually advertise and undertake more research activities when compared to a pure competition.
I hope my answer helps you
Answer:
<em>Disparate-impact discrimination</em>
Explanation:
As we can see in the given scenario, that Nell believes that the test has an unintentionally discriminatory effect as he fails in the test taken by the company, so this discriminating act that was made by the Origami Paper Corporation is a <u>disparate-impact discrimination</u>.
<em>Because as we know that if someone is been discriminated unintentionally, then it comes under disparate-impact discrimination.</em>
Answer:
The current share price is $74.62.
Explanation:
The constant growth model of the DDM requires is used to estimate the fair price per share of a stock based on the expected dividends that it will pay in future when these dividends are growing at a constant rate. The formula for this model is,
Price today = D1 / r - g
Where,
D1 is the dividend in year 1
r is the required rate of return
g is the growth rate in dividends
However as the company will pay dividends from year 10. Thus, the D10 will 14.
The value of the stock at year 9 will be,
Price at year 9 = 14 / (0.125 - 0.06)
Price at year 9 = $215.38
We will discount this by the required rate of return to calculate the present value.
Present price per share = [(14 / (0.125 - 0.06)) / (1+0.125)^9]
Present prie per share = $74.617
