Answer:
B. Prepare a listing of remittances
Explanation:
The employee receives a cash receipt only when some expense is incurred on behalf of the company. This clearly validates that as soon as the receipt is received the listing of remittances shall be prepared.
This listing basically signifies that all the expenses shall be paid off, as incurred on behalf of company, or any kind of bill is pending for payment of goods acquisition, then it shall be paid off, and entered in the list where all remittances has to be made.
Answer:
6.91%
Explanation:
The formula for share price using the dividend growth model stated below can be used to determine the cost of equity as well whereby the formula is rearranged in order to make the cost of equity the subject as shown thus:
share price=expected dividend/(cost of equity-growth rate)
share price=$45
expected dividend=last dividend*(1+dividend growth rate)
expected dividend=$0.60*(1+5.5%)=0.633
cost of equity=the unknown
dividend growth rate=5.5%
45=0.633/(cost of equity-5.5%)
45*(cost of equity-5.5%)=0.633
cost of equity-5.5%=0.633/45
cost of equity=(0.633/45)+5.5%
cost of equity=6.91%
Answer:
market operations ? markets have operations?
Answer:
lol I did it so I just won’t you get back lol bye bye lol lo but it’s 76
Explanation:
Answer: 15 million shares
Explanation:
From the question, we are given the information that a corporate charter specifies that the company may sell up to 32 million shares of stock and the company issues 24 million shares to investors and later repurchases 9 million shares.
The number of issued shares after these transactions have been accounted for will be the difference between the shares that were issued and the shares that were bought back. This will be:
= 24 million shares - 9 million shares
= 15 million shares
