Answer:
United States can set up plants in China to avoid high tariffs
Answer:
$44.25
Explanation:
<u>procedure 1:</u>
we can determine the present value of the stock using the following formula:
present value = future value / (1 + constant growth rate)ⁿ
- future value = $50
- constant growth rate = 13%
- n = 1
present value = $50 / (1 + 13%) = $50 / 1.13 = $44.25
<u>procedure 2 (optional):</u>
future value = future dividend / (required rate of return - constant growth rate)
$50 = future dividend / (18% - 13%)
future dividend = $50 x 5% = $2.50
now we must determine the dividend for the current year:
current dividend = future dividend / (1 + constant growth rate)
current dividend = $2.50 / (1 + 13%) = $2.50 / 1.13 = $2.21
now we apply the Gordon growth model:
present value = dividend / (required rate of return - constant growth rate)
present value = $2.21 / (18% - 13%) = $2.21 / 5% = $44.25
Answer:
Explanation:
The journal entry is shown below:
1. Accounts receivable A/c Dr $160
To Sales discounts forfeited $160
(Being sales discount is recorded)
The computation of the sales discount is shown below:
= (Sales value - payment made) × discount rate
= ($40,000 - $24,000) × 1%
= $160
2. Cash A/c Dr $16,000
To Accounts receivable A/c $16,000
(Being cash is received)
U.S. macroeconomic policy package of 1965-1968
Answer:
The answer is D. Inventory account.
Explanation:
Perpetual inventory method is very useful as it is updated daily and gives a real-time insight into the stocks unlike in the periodic inventory system where you calculate the stock at the end of a certain period.
