Answer:
cost of equity = 9.68%
so correct option is d. 9.68%
Explanation:
given data
currently priced = $17.15
paid annual dividend = $1.22
dividends increasing = 2.4% annually
to find out
firm's cost of equity
solution
we get here cost of equity by apply price equation that is express as
Price = recent dividend × ( 1 + growth rate ) ÷ ( cost of equity - growth rate) .....................1
put here value we get
$17.15 = 
solve it we get
cost of equity = 9.68%
so correct option is d. 9.68%
The economic player John Maynard Keynes felt that the government was capable of restarting the economy during the great depression.
so the answer is D.
Answer:
a) b.20,000
b) b.20,000
Explanation:
a) Number of common stocks issued = 200,000/10
= 20,000
So, 5000 stocks remain with company.
Number of common stocks outstanding = 20000
b) b. 20,000
Answer:
True
Explanation:
Business plan software have proven to be of little value in its application. This can be attributed to the fact that softwares are standardized and do not have the flexibility to stray from the provided templates. Also, business softwares restricts the user from personalizing his or her business plans according to his or her business environment or location. Finally, software designed to create business plans do not allow users to review their written works. All these contributed in making softwares designed to help create business plans difficult to apply in every business situation, thus diminishes its value.
Answer:
True
Explanation:
Unearned revenue is cash received from a customer before goods are delivered or services offered. It is an amount received for work that is not yet done. Unearned revenue is a liability to the business. It may also be called deferred revenue.
As per the accruals principle, revenue is recognized when the time when an economic activity that generates income has happened. A sale of either a service or good has to happen, or the business has to incur an expense. A payment whose work is yet to be done is not recognized as revenue. The journal entry is to debit to the cash account and credit the unearned revenue account.
