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Murrr4er [49]
2 years ago
10

The Unadjusted Trial Balance columns of a work sheet total $84,000. The Adjustments columns contain entries for the following: O

ffice supplies used during the period, $1,200. Expiration of prepaid rent, $700. Accrued salaries expense, $500. Depreciation expense, $800. Accrued service fees receivable, $400. The Adjusted Trial Balance columns total is:
Business
1 answer:
kirill115 [55]2 years ago
3 0

Answer:

$85,700

Explanation:

Calculation to determine what The Adjusted Trial Balance columns total is:

Unadjusted Trial Balance columns $84,000

Accrued salaries expense$500

Depreciation expense $800

Accrued service fees receivable $400

Adjusted Trial Balance columns total $85,700

Therefore The Adjusted Trial Balance columns total is:$85,700

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Moody Farms just paid a dividend of $3.95 on its stock. The growth rate in dividends is expected to be a constant 5 percent per
Amiraneli [1.4K]

Answer:

$81.52

Explanation:

The current share price is the present value of future dividends as well as the present value of the terminal value of dividends beyond year 6 as shown thus:

Current dividend=$3.95

Year 1 dividend=$3.95*(1+5%)=$4.15

Year 2 dividend=$4.15*(1+5%)=$4.36

Year 3 dividend=$4.36*(1+5%)=$4.58

The required rate of return(discount rate) for the dividends in the FIRST 3 years above is 14%

Year 4 dividend=$4.58*(1+5%)=$4.81

Year 5 dividend=$4.81*(1+5%)=$5.05

Year 6 dividend=$5.05*(1+5%)=$5.30

The required rate of return(discount rate) for the dividends in the NEXT 3 years above is 12%

Terminal value of dividend=Year 6 dividend*(1+growth rate)/(rate of return-growth rate)

growth rate=5%

rate of return=10%(rate of return thereafter)

terminal value=$5.30*(1+5%)/(10%-5%)

terminal value=$111.30

current share price=$4.15/(1+14%)+$4.36/(1+14%)^2+$4.58/(1+14%)^3+$4.81/(1+12%)^4+$5.05/(1+12%)^5+$5.30/(1+12%)^6+$111.30/(1+10%)^6

current share price=$81.52

5 0
3 years ago
The necessity of marketing and advertising for any business
tekilochka [14]

Answer:

Marketing is important because it helps you sell your products or services, by advertising your business you are showing more people about it

Explanation:

4 0
2 years ago
Daniel acquires a 30% interest in the PPZ Partnership from Paolo, an existing partner for $43,000 of cash. The PPZ Partnership h
jolli1 [7]

Answer:

The right answer is a.

Explanation:

In order to calculate Daniel's basis in his partnership interest, first we have to calculate daniel share of the partnership liabilities.

According to the details, Daniel acquires a 30% interest in the PPZ Partnership from Paolo, and The PPZ Partnership has borrowed $14,000 of recourse liabilities as of the date Daniel bought the interest, hence

daniel share of the partnership liabilities = 14,000 * 30% = $4,200

Hence, Daniel's basis in his partnership interest= 43,000 + 4,200 = $47,200

4 0
3 years ago
You win the lottery and must decide how to take the payout. Use a 10​% discount rate. What is the present value of $ 12 comma 00
AlexFokin [52]

Answer:

PV= $45,489.44

Explanation:

Giving the following information:

Discount rate= 10%

Cash flow= $12,000

Number of years= 5

First, we need to calculate future value. We will use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual cash flow

FV= {12,000*[(1.1^5) - 1]} / 0.1

FV= $73,261.2

Now, the present value:

PV= FV/(1+i)^n

PV= 73,261.2/1.1^5

PV= $45,489.44

8 0
3 years ago
Choose an existing product or service (not the same as your Course Project), and write a one-page summary that answers the follo
vitfil [10]

Answer:

Apple Iphone.

Target customers are the wealthy class of the society, the target customers are mostly in search for a good brand name when they want to buy something, Apple Iphone is mostly competing with Samsung where both make additions to the phones for new features according to the customers needs. I think Apple is not having a customer focusing culture because the most recent launch of the phone only comes with a phone and the charger for the phone is to be purchased separately, they present this change as environmental friendly but the customers need to buy a charger when they buy a phone which can be frustrating. Apple can include the charger with the phone and combine the price for both as the customers are not looking for lower prices in fact they are looking for a good brand.

Explanation:

Apple Iphone.

Target customers are the wealthy class of the society, the target customers are mostly in search for a good brand name when they want to buy something, Apple Iphone is mostly competing with Samsung where both make additions to the phones for new features according to the customers needs. I think Apple is not having a customer focusing culture because the most recent launch of the phone only comes with a phone and the charger for the phone is to be purchased separately, they present this change as environmental friendly but the customers need to buy a charger when they buy a phone which can be frustrating. Apple can include the charger with the phone and combine the price for both as the customers are not looking for lower prices in fact they are looking for a good brand.

8 0
2 years ago
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