Answer:
Ajay account will be credited with $6000. While Tim account will be debited by $6000
Small business is difficult in the economy because its self made
Answer:
Present value = $35.00326585 rounded off to $35.00
Explanation:
Using the dividend discount model, we calculate the price of the stock today. It values the stock based on the present value of the expected future dividends from the stock. To calculate the present value of the stock, we will use the following formula,
Present value = D1 / (1+r) + D2 / (1+r)^2 + ... + Dn / (1+r)^n +
[(Dn * (1+g) / (r - g)) / (1+r)^n]
Where,
- r is the required rate of return
- g is the constant growth rate in dividends
- n is the number of years
Present value = 5 / (1+0.155) + 6.25 / (1+0.155)^2 + 4.75 / (1+0.155)^3 +
3 / (1+0.155)^4 + [(3 * (1+0.07) / (0.155 - 0.07)) / (1+0.155)^4]
Present value = $35.00326585 rounded off to $35.00
Answer:
The calculations are shown below
Explanation:
The computations are shown below:
But before that, first we have to prepare the income statement so that the values could come
Particulars Amount
Revenues $99,700
Less: Cost of sales -$64,700
Gross profit $35,000
Less: Interest expenses -$1,800
Earnings before tax $33,200
Less: Taxes -$11,620
Net income $21,580
So, the calculations are shown below:
1. Earnings per share = Net income ÷ Common stock outstanding
= $21,580 ÷ 16,000 shares
= $1.35 per share
2. Price earnings ratio = Stock price per share ÷ Earnings per share
= $22 ÷ $1.35
= 16.3 times
3. Long term debt to equity ratio = Long term debt ÷ Total equity
= $45,800 ÷ $120,000
= 0.38 times
4. Total market value = Number of shares outstanding × Market price per share
= 16,000 shares × $22
= $352,000
Answer:
a). The statement on the income tax form about the deduction for children and other dependents was simply unreadable.
b). The type of career that many graduates are hoping to pursue pay high salaries and provide long vacations.
c). Apparently, the use of robots in factories has been responsible for a great deal of worker dissatisfaction.
d). The problems associated with government deregulation have been responsible for the economic plight of several major airlines in recent years.
e). The impact of computers on our lives is comparable to the impact of the industrial revolution.
f). The amount of money and time I spend on computer games <u>is</u> more than I can afford.
Explanation:
Subject-verb agreement is described as the grammatical rule according to which the subject, as well as, the verb must agree with one another in number. As per the rules, if the subject(noun or noun phrase) is singular, it will take a singular verb while if the subject is plural(noun or noun phrase), it will carry a plural verb.
According to this rule, <u>the first and third sentence fails to follow this agreement</u>. The first sentence inadequately carries a plural verb 'were' with the singular noun ('The statement') and similarly, the third sentence wrongly employs plural verb 'have' with the singular noun 'the use.' The other sentences are grammatically appropriate as the verbs and noun phrases agree in number.
