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3 years ago

15

Your company is estimated to make dividends payments of $2.4 next year, $3.4 the year after, and $4.1 in the year after that. Th

e dividends will then grow at a constant rate of 4% per year. If the discount rate is 13% then what is the current stock price

1 answer:

Dahasolnce [82]3 years ago

4 0

Answer:

40.78

Explanation:

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When seeking a recommendation before awarding a contract, what type of information is least likely to be needed from an applican

leva [86]

Answer:

Answer is option D, i.e. Information on credit worthiness.

Explanation:

When any organization enters into a contract with an applicant, it often asks for recommendations before awarding that contract to the applicant. This recommendations is asked to assess about the skills, the abilities that the applicant possess, the integrity and the character of the applicant. This is to assess that whether the applicant is fit and worthy enough to be awarded the contract. Thus, credit worthiness is not accounted for while going through the recommendations. Therefore, the answer is option D.

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3 years ago

Colley Company uses the allowance method for bad debts and has the following information before the year end adjusting entry: Ac

Leona [35]

Answer:

If the company used the percentage of sale method and estimates bad debts to be 2% of sales what is the amount of bad debt expense:

D) 15,500

If the company uses the percentage of accounts receivable method and estimates 4% of accounts receivable will be uncollectible

A) 4,300

Explanation:

The percentage of sale method

800,000 2% 16,000

Initial Balance

Accounts Receivable $ 120,000

Allowance for Uncollectible Accounts $ 500

Allowance for Uncollectible Accounts $ 15,500

Accounts Receivable $ 15,500

Accounts Receivable Method 4% 4,800

Bad debt expense $ 4,300

Allowance for Uncollectible Accounts $ 4,300

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3 years ago

Individuals with the primary responsibility for administering the systems that house the information used by the organization pe

Angelina_Jolie [31]

Answer:

"System administrators" is the right approach.

Explanation:

The system administrator seems to be an entity that maintains or operates a multi-standard technology environment and ensuring that Its resources and operating structures operate consistently and optimally.
It has been used throughout the broad organization to identify each administrator concerned for such a specialized IT system, including one which services servers.

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4 years ago

Santorino Company produces two models of a component, Model K-3 and Model P-4. The unit contribution margin for Model K-3 is $6;

tresset_1 [31]

Answer:

Contribution per unit of scare resource (in hour) = $24 per hour

Explanation:

The question falls under the limiting factor analysis

<em>When a business is faced with a problem of shortage of a resource which can be used to produced more than one product type, to maximize the use of the resource , the business should allocate it for production purpose in such a way that </em><em>it maximizes the contribution per unit of the scare resource.</em>

Therefore Santario Company should allocate the machine hours to maximize the contribution per unit of machine hour.

Contribution per unit of scare resource is determine as follows:

Contribution per unit of scare resource for Model K-3

Contribution per unit of Model K-3 = $6

Machine time per unit = 15 minutes

<em>Contribution per unit of scare resource in minutes</em>

=Contribution per unit/Machine time per unit

= 46/15 minutes

= $0.4 per minute

Contribution per unit of scare resource (in hour)

$0.4 per minutes× 60

= $24 per hour

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3 years ago

The transactions completed by Franklin Company during January, its first month of operations, are listed below. Assume that Fran

Digiron [165]

Answer:

Issued check for a payment on account CP, subsidiary posting

Issued check for rent CP, No subsidiary posting

Received cash for a sale CP, No subsidiary posting

Issued an invoice to a customer R, subsidiary posting

Purchased a computer for cash CP, subsidiary posting

Received a check from a payment on account CR, subsidiary posting

Purchased equipment on account P, subsidiary posting

Issued check for salary CP, No subsidiary posting

Issued check for purchase of supplies CP, No subsidiary posting

Issued check for advertising expense CP, No subsidiary posting

Paid for the equipment purchased on account CP, subsidiary posting

Recorded the adjustment for supplies used during the month G, Subsidiary posting

Purchased supplies on account P, subsidiary posting

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4 years ago