Answer:
Net worth is the measure of the wealth of an entity, person, or corporation, as well as sectors and countries. Simply, net worth is defined as the difference between assets and liabilities. It is an important metric to gauge a company's health and it provides a snapshot of the firm's current financial position.
Answer:True
Explanation:
Because in any accounting rules, debit the receiver, credit the giver.
Debit what comes in, credit what goes out.
Debit all expenses and losses, credit all incomes and gains.
Answer:
P1=$8.43
Explanation:
The value of the stock is equal to the present value of all cash-flows expected from holding the stock. At the end of year 1, the value of the stock is found by calculating the present value of the remaining dividends i.e D2, D3, D4, D5 etc till infinity.
Therefore price equals
given the values of Dividends calculated above and ke= 15% :
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