Answer:
current price of Goodell Corporation stock is $48.26
Explanation:
given data
annual dividend = $1.75
expected to increase 1 year = 27.5 percent
expected to increase 2 year = 13.8 percent
expected to increase per year = 5 percent
required rate of return = 10 percent
solution
we get here first dividend that is
D1 = 1.75 × (1.275) = 2.23 ...............1
D2 = 2.23 × (1.138) = 2.54 ...............2
D3 = 2.54 × (1.05) = 2.67 ...............3
and
year 2 price will be
P2 = D3 ÷ (R – g) ...............4
P2 = 2.67 ÷ (0.10 - 0.05)
P2 = 53.4 ...............5
so current price will be
P = 2.23 ÷ (1.10) + 2.54 ÷ (1.10)2 + 53.40 ÷ (1.10)2
P = $48.26
Answer: Slotting allowances
Explanation:
The slotting allowances is the term which is used to charge by the manufacturers for the specific products and the services ion the market. It is also known as the slotting fee and the charged allowances is specifically varies or depend upon the specific products and the different marketing conditions.
According to the given question, the slotting allowances is refers as the payment that is made by the producers for ensuring their goods and the services best place.
Therefore, Slotting allowances is the correct answer.
The three main sources of federal tax revenue are individual income taxes, payroll taxes, and corporate income taxes. Other sources of tax revenue include excise taxes, the estate tax, and other taxes and fees.
Answer:
Date Account Detail Debit Credit
June 1 Cash $4,080
Common Stock $4,080
Date Account Detail Debit Credit
June 2 Equipment $1,720
Accounts Payable $1,720
Date Account Detail Debit Credit
June 3 Rental expense $910
Cash $910
Date Account Detail Debit Credit
June 12 Accounts Receivable $800
Welding Revenue $800
