Answer:
LESSER THAN
Explanation:
During the Great Depression, it was a period of recession that meant that investments were low and less than savings which meant that 'household' was unwilling to invest its money as it had lost confidence in the American economy. This will lead to Aggregate Demand being Lesser than Aggregate Supply as consumption fell drastically during the great depression
Answer:
<em>BUSINESS SOLUTIONS </em>
Retained or Accrued Earnings Statement
For Three Months Coincided On December 31, 2017
Retained earnings, October 1, 2017 $—
<em>Contribute:</em> Net earnings $22,425 with $22,425
<em>Fewer:</em> Allowance $(7,800)
Retained earnings, December 31, 2017
<em>= $14,625</em>
Life insurance is most likely classified into categories
such as term, whole and variable. It is classified into categories because of
their contracts where they issue policies that will benefit an individual, a
set of people or even a whole with their given categories.
Answer;
$ 70.07
Explanation:
The price of the stock when the dividends level off at a constant growth rate, we then find the PV of the future stock price, including the PV of all dividends during the super normal growth period. The stock start it constant growth in Year 4, so that we can be able to find the price of the stock in Year 3, which is the year before the constant dividend growth begins as:
P3= D3(1 + g) / (R− g) = D0(1 + g1)3(1 + g2) / (R− g)
P3= $3.40(1.24)3(1.06) / (.14 − .06)
P3= $85.89
Therefore the price of the stock today is the PV of the first three dividends, we then add it with the PV of the Year 3 stock price.
Hence the price of the stock today will be:
P0= $3.40(1.24) / 1.14 + $3.40(1.24)2/ 1.142+ $3.40(1.24)3/ 1.143+ $85.89 / 1.143
P0= $70.07
The current shape price is $70.07
