Answer:
$70.83
Explanation:
The Gordon Growth model (or the dividend discount model) provides a simple formula for calculating the intrinsic price of stocks:
price of stocks = dividend / (required rate of return - growth rate)
price of stocks = $4.25 / (13% - 7%) = $4.25 / 6% = $70.83
These two Sales Revenue accounts (the sales returns and sales allowances) are classified as <em>Contra accounts.</em> They have debit balances unlike the Sales Revenue account.
- The purpose of their creation is to maintain the Sales Revenue account at its gross amount for measure purposes.
- The Sales Returns account is the General Ledger account for recording goods returned by customers. It reduces the Accounts Receivable account, which is credited with Sales Returns.
- The Sales Allowances account records allowances granted to customers for defective goods, which reduce their balances.
Thus, the two sales accounts are contra accounts and they have debit balances.
Read more: brainly.com/question/14869899
Answer:
Drop shippers
Explanation:
When the store does not keep the product in its possession but fulfill the customers' demand by behaving as a middleman with the help of a model, it is called drop shippers. It is the reason why those stores or wholesalers can operate in bulk industries. An example of a drop shipper is a soft drinking company that uses third-party delivery services to meet the demand.
Importing
What is Importing?
An import is an item or service that is purchased outside of its nation of origin. International trade is made up of imports and exports. A country has a negative trade balance, or a trade deficit, if the value of its imports exceeds the value of its exports. Since 1975, the US has had a trade imbalance. The U.S. Census Bureau estimates that in 2019, the deficit was $576.86 billion.
To learn more about Importing
brainly.com/question/24473707
#SPJ4
