I need help plz and bro i swear if someone reports it bc i put a link imma sock you in the face and thats ong.

Schiller Corporation will pay a $2.78 per share dividend next year. The company pledges to increase its dividend by 4.5 percent

cupoosta [38]

Answer:

The Market price for the stock will be 26.48 according to the gordon dividend grow model.

Explanation:

We will calculate the stock price, using the gordon model for the dividend grow model:

$\frac{divends}{return-growth} = Intrinsic \: Value$

D1 = 2.78

return = 15%

grow = 4.5%

$\frac{2.78}{0.15-0.045} = Intrinsic \: Value$

Stock market = 26,47619 = $26.48

7 0

4 years ago

An aging of a company's accounts receivable indicates that $4920 are estimated to be uncollectible. If Allowance for Doubtful Ac

Ronch [10]

debit to Bad Debt Expense for $3,800

<h3>What is Bad Debt Expense ?</h3>

When a receivable is no longer collectible because a customer is unable to fulfil their obligation to pay an outstanding debt due to bankruptcy or other financial problems, a bad debt expense is recognised.

If a company with $2,000,000 in sales expects 2% of sales to be uncollectible, their bad debt expense would be $40,000 ($2,000,000 * 0.02). Consider a roofing company that agrees to replace a customer's roof on credit for $10,000.

Are bad debts a cost or a liability? Bad debts are an expense to the business rather than a liability because the amount expected to be received from the debtor is irrecoverable and has a negative impact on the books of accounts by reducing accounts receivable.

To know more about Bad Debt Expense follow the link:

brainly.com/question/18568784

#SPJ4

6 0

1 year ago

Brooks Co. purchases various investments in trading securities at a cost of $66,000 on December 27, 2013. (This is its first and

sineoko [7]

Answer:

a) Debit 6,000 to trade securities and Credit $6,000 to Unrealized Gain account

b) Debit $35,000 to Cash account

Credit $33,000 to trade securities account

Credit $2,000 to gain on sales on securities account.

Explanation:

The first part of the question is to determine the year-ended adjusting entry

As follows:

December 31, 2013

Trading Securities = Fair value of the Securities - Trading Securities at Cost

= $72,000 - $66,000

= $6,000

The Journal entry Description Debit Credit

Dec 31, 2013 Trading Securities 6,000

Gain unrealized on securities a/c 6,000

Being the record of unrealized holding gain on trading securities

Part 2) January 3, 2014 Sales of a Portion of Trading Securities

Date Description Debit Credit

Jan 3rd, 2014 Cash 35,000

Trading Securities a/c 33,000

Gain on sales of Securities 2,000

Being the record of sales of a portion of trade securities.

6 0

3 years ago

The American Eagle chain of retail stores has a reputation as one of the "coolest" brands according to Teen Research Unlimited.

katovenus [111]

Answer:

(a) Men and women aged 16 to 22

Explanation:

The teens nitch is defined from 13 to 19 years old, therefore the youngster in the age from 16 to 22 is the optimal market for American Eagle.

3 0

4 years ago

Sales revenue$ 4,000Purchases of direct materials$ 400Direct labor$ 450Manufacturing overhead$ 620Operating expenses$ 650Beginni

Anna007 [38]

Answer:

A) $1,450

Explanation:

beginning finished goods + COGM = ending finished goods + COGS

to know COGS we need cost of goods manufactured

COGM = beginning WIP + cost added - ending WIP

to knwo COGM we need to know cost added

cost added = labor + materials + overehead

to know that we need to know materials used:

used into production= beginning raw+purchase - ending raw

used = 200 + 400 - 180 = 420

and now we go backwards in the loop to fill the blank and solve for COGS

cost added = 450 + 420 + 620 = 1490

COGM = 320 + 1490 - 410 = 1400

and we now return to the formula to find COGS

250 + 1400 = 200 + COGS

1650 - 200 = COGS = 1,450

6 0

4 years ago