Answer: $3.31
Explanation:
Dividends will increase by 2% so using a future value formula would show the amount of dividends in year 5.
= 3 * ( 1 + 2%)⁵
= 3 * 1.1040808032
= 3.3122424096
= $3.31
Seasonal discounts
A seasonal discount is a discount which is offered at
particular seasons or on seasonal goods. The seasonal discount being offered on
products and services is being done in order to lure the customers to buy their
offering. For example, there are discounts on products like automobiles,
electronics etc. which are offered during festive seasons like Diwali, New year
etc.
Answer:
Dr Equipment $22,843
Dr Licence expenses $210
Drr Prepaid Insurance $875
Cr Cash $23,928
Explanation:
Journal entry for Bench Company
Dr Equipment $22,843
($22,175+$443+$225)
Dr Licence expenses $210
Dr Prepaid Insurance $875
Cr Cash $23,928
Question Completion with Options:
2.5 percentage points
1.5 percentage points
3.5 percentage points
6.5 percentage points
Answer:
Sandra's creditor must determine if the APR for the loan exceeds the average prime offer rate by:
1.5 percentage points
Explanation:
The first mortgage loan principal should not exceed the conforming loan limit for the area where Sandra lives at the time that she secures the loan approval. It behooves on Sandra’s creditor to determine if the annual percentage rate (APR) for the mortgage loan exceeds the average prime offer rate (or the sample rate that is a representative of the APRs charged by creditors for mortgage loans that have low-risk pricing characteristics) by 1.5 percentage points.
Answer:
I'm here to help
Explanation: Hey buddy, I can't help you if you don't put in a question- sorry-