Answer:
1. No, becuase someone could steal it.
2. No, becuase the fine you get for not paying a bill will grow.
Explanation:
Answer:
c. the cost of corporate advertising aired during the Super Bowl.
Explanation:
Financial statements show the financial position of a business for a given period, and the income statement compares revenue and expenses to get profitability of a business at a particular time.
Higado Confectionery Corporation has a number of store locations throughout North America. Since there is segmented income statement per store items like store manager salaries, store building depreciation expense and cost of goods sold at each store will appear in individual statements.
However when there is a corporate advertisement at the Superbowl all of the stores jointly benefit, so there will be a representation of this cost on all their income statements.
Answer:
Answer:
Growth rate (g) = n-1√(<u>Latest dividend)</u> - 1
Current dividend
= 4-1√($2.49/2.20) -1
= 3√(1.1318) -1
= 1.04 - 1
= 0.04 = 4%
Ke = Do<u>(1 + g) </u> + g
Po
Ke = $2.57(<u>1 + 0.04</u>) + 0.04
65
Ke = 0.04 + 0.04
Ke = 0.08 = 8%
Explanation:
In this case, we need to calculate the growth rate using the above formula. Then, the cost of equity will be calculated. Cost of equity is a function of current dividend paid subject to growth rate divided by current market price.
Explanation:
