Answer:
d. $ 9.52
Explanation:
The computation of the expected price of the stock 10 years from today is shown below:
= Dividend at year 10 ÷ (Required rate of return - growth rate)
where,
Dividend at year 10 is
= $0.45 × (1 + 0.04)^10
= $0.67
So, the expected price is
= $0.67 ÷ (11% - 4%)
= $9.52
By applying the formula we can easily find out the expected price of the stock
Answer and Explanation:
The Journal entry is shown below:-
Bad debts expense Dr, $2,000
To Accounts receivable-Hopkins $2,000
(Being write off is recorded)
Here we debited the bad debt expenses as it increased the expenses and we credited the accounts receivable as it reduced the assets so that the proper posting could be done
Answer:
Are an alternative to new ventures.
Explanation:
Joint ventures is a business arrangement between two of more organisations to form a partnership. The oganisations involved share ownership, profits, investments.
A joint venture provides access to a large number of resources and it also provides the opportunity to gain new insight and expertise.
Different organizations enter into joint venture for either the purpose of a production process or research avtivity.
Answer:
B) Millcorp has a lawful innocent acquisition of a monopoly.
Answer:
B. task-oriented leadership style .
Explanation:
Task-oriented leadership style -
It refers to the type of leader, who only target on the goal or project .
This type of leader is referred to as the task - oriented leadership style .
As from the very term, the person is only inclined towards his or her task
There type of leaders assign the tasks very clearly and making sure all the works are done on time with proper efficiency and accuracy .
These leader are very consult about the deadline and hence define all the task to get over before the deadline .
There type of leaders are very well organised and clear about the task .
Hence, from the given scenario of the question,
The correct answer is B. task-oriented leadership style.
