Answer:
Socially responsible
Explanation:
A socially responsible company is one that seeks to identify as well as relieve the social needs in its business environment.
A major social problem or need around the world is the lack of clean drinking water and birthing services. Thus, by proffering solutions to this problem loyal customer of TOMS shoe company could notice that the company takes seriously its responsibility to the society.
Answer:
The stock price 5 years from now will be 44.46
Explanation:
The stock price will increase like compound interest at the same rate as the dividends.
Stock 35.25
time 5
dividend grow rate 0.0475
Amount 44.45588696
The stock price 5 years from now will be 44.46
<u>Reasoning:</u>
In five years, if we calcualte the gordon dividend growth model:
and year 5 dividends would be:
we can arrange the formula like this:
The first part is the current stock price so our formula is confirmed.
Answer:
Dr. Cr.
Cash $514,100
Discount on bond payable $15,900
Bond Payable $530,000
Explanation:
Cash is received against the Bond issued is debited due to its debit nature and the bond payable account is credited because it is a liability and its nature is credit.
Cash Received = ( 530,000 / 100 ) x 97 = $514,100
Discount = (530,000/100) x (100 - 97) = $15,900
Answer:
The answer is C.
Explanation:
As the general price level decreases or falls, people will want to hold less money, so the interest rate falls.
As price level falls, value of money decreases because a unit of money will more of goods or services.
During this period people will want to hold less money because of the decrease in value and the excess money will be deposited in banks.
With this, the banks have more money to lend out and this will make the bank to reduce its Interest rate.
