Answer:
Find the answers in the excel file attached.
Explanation:
The impact of the accounting equation has been shown as well.
Answer:
Explanation:
We summarize the assets and liabilities in the classified balance sheet into various types Like assets are divided into fixed assets, current assets, and intangible assets.
Liabilities are likewise divided into current liabilities, long-term liabilities The accounting equation is used in any balance sheet which means
Total assets = Total liabilities + shareholder equity
So, the accounts which are appeared on the balance sheet are shown below:
1. Accounts Payable = Current liabilities
2. Accounts Receivable = Current assets
3. Andrew King, Capital = Stockholder equity
4. Cash = Current assets
5. Land = Fixed assets
6. Supplies = Current assets
7. Wages Payable = Current liabilities
All other are related to the income statement. Therefore, ignored it
Allocator- Price thus serves the function of allocator. First, it allocates goods and services among those who are willing and able to buy them. (As we noted in Chapter 1, the answer to the economic question “For whom to produce?” depends primarily on prices.) Second, price allocates financial resources (sales revenue) among producers according to how well they satisfy customers’ needs. Third, price helps customers to allocate their own financial resources among various want-satisfying products.
Answer:
. $11.98
Explanation:
D1 = D0(1+g)
D0 = Last dividend
r = Required rate of retrun
g = Growth rate
Stock price formula = D1/(r-g)
Stock price = D0(1+g)/(r-g)
Stock price = 1*(1+0.054) / (0.142-0.054)
Stock price = 1.054 / 0.088
Stock price = 11.97727273
Stock price = $11.98
