Answer:
the market value of the share is $1.78
Explanation:
The computation of the market value of the firm under the dividend discount model is shown below:
The Market value of the share is
= Dividend Payment ÷ Required return
= $0.18 ÷ 10.1%
= $1.78
Hence, the market value of the share is $1.78
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
Explanation:
The journal entries are shown below:
On May 14
Treasury Stock A/c Dr $117,300 (2,300 shares × $51)
To Cash A/c $117,300
(Being the required shares for $51 is recorded)
On September 6
Cash A/c Dr $93,500 (1,700 shares × $55)
To Treasury Stock A/c $86,700 (1,700 shares × $51)
To Paid in capital - Treasury stock $6,800
(Being treasury stock is sold at higher price and the remaining amount would be credited to the paid in capital account)
On November 30
Cash A/c Dr $28,800 (600 shares × $48)
Paid in capital - Treasury stock $1,800
To Treasury Stock A/c $30,600 (600 shares × $51)
(Being treasury stock is sold at lower price and the remaining amount would be debited to the paid in capital account)
Answer:
Debit Rent Expense $2,000; credit Prepaid Rent $2,000.
Explanation:
Assuming On December 31, the Company's Prepaid Rent account had a balance before adjustment of the amount of $6,000 which means that if the Three months' rent was paid in advance on December 1, The adjusting entry needed on December 31 is:
Debit Rent Expense $2,000
Credit Prepaid Rent $2,000.
($6000/3month)
(To record Rent Expense)
Answer:
a) Augmented product: Previous Sabre models have won high praise from the automotive industry, and all 500 units of past vehicles have sold within weeks of announcement
b) Promised product: Sabre provides each potential customer with a list of customizable features that can be added during the manufacturing process.
c) Tangible product: Sabre designs and manufactures each automobile in-house; it makes every part of the car, from the tires to the brakes to the transmission to the metallic paint. Sabre employees make each car by hand.
d) Core product: Sabre is a performance automobile manufacturer headquartered in Ulster, Ireland. It has been in business for eighteen years and has brought twenty performance-oriented automobiles to market during this time.
Explanation:
a) The augmented product is defined as one that is capable of exceeding consumer expectations. In this case, the cars were sold very fast since customers were met with their expectations regarding the product offered.
b) In this case, Saber is able to customize each car with a series of additional features that offer the user so that he is able to have his own car as he would like
c) Tangible products are defined as goods or services that are manufactured, dispatched and delivered, that is, in this case, cars
d) Saber's main product is the manufacture of high performance cars. That is its main product and its strength in the business
Answer:
a. Employees have high education and ability.
Explanation:
There are various reasons for not satisfying with the job i.e. package, benefits, pressure, monotonous work, etc also it should be transform into a turnover in the case when the job opportunities are more
But when the employee has human capital i.e. in terms of high education and ability than this would not be transform into a turnover
Therefore in the given situation, the option B is correct