All categories

3 years ago

At the end of the closing process, Income Summary will hold a balance.

Business

1 answer:

Ray Of Light [21]3 years ago

3 0

Answer:

False. Have a Good day I hope this helps

Explanation:

You might be interested in

Assume that at the end of the next year, Company A will pay a $2.00 dividend per share, an increase from the current dividend of

Bezzdna [24]

Answer:

The value of the stock is $28.57

Explanation:

Data provided in the question:

Dividend paid at the end of the year, D1 = $2.00 per share

Increase in dividend = $1.50 per share

Growth rate, g = 5% = 0.05

Required rate of return = 12% = 0.12

Now,

Price with constant Dividend Growth model = D1 ÷ ( r - g )

= $2 ÷ ( 0.12 - 0.05 )

= $28.57

Hence,

The value of the stock is $28.57

4 0

3 years ago

Lindsey’s college will cost her a total of $6,000 a year for the next 3 years. She is also foregoing making $26,000 a year at th

Alex_Xolod [135]

Answer: Lindsey's total investment in education is $18,000.

Since Lindsey's college will cost a total of $6000 per year for the next three years, her total investment in education will be $6000*3 = 18,000$ .

The $26000 per year that's given in the question is the value of Lindsey's earnings if she chose to work at the local mall. This is the gain Lindsey foregoes in each of the three years in order to learn, and represents her opportunity cost or alternate costs.

5 0

3 years ago

Read 2 more answers

Diego's company was bidding on the construction of a new penguin display at a zoo. When putting together his bid, Diego began by

lisov135 [29]

Answer:

Target costing

Explanation:

Target costing is a demand-based pricing strategy in which the budget is determined based on a target cost that is stablished according to the customer's willingness to pay. The cost of production added to the desired profit margin should not surpass the customer's willingness to pay in order for this method to be applied.

6 0

4 years ago

What is the value of a preferred stock where the dividend rate is 14% on a $100 par value? Assume the discount rate for this sto

Ulleksa [173]

Answer:

Value of preferred stock will be $140

Explanation:

We have given par value of preferred stock = $100

Dividend rate = 14 %

Discount rate on preferred stock = 12%

Preferred stock dividend $=face\ value\times dividend\ rate=100\times 0.14=14$

We have to find the value of preferred stock

Value of preferred stock $=\frac{preferred\ stock\ dividend}{discount\ rate}=\frac{14}{0.1}=140$

So value of preferred stock will be $140

8 0

3 years ago

1. What steps should one take to build confidence?

lisov135 [29]

Answer:

can you plz give me multiple thanks

plz ??

Worldview refers to the way one interprets the world around him.

❥❥❥❥╬٨ـﮩ❤️itzmrsshayar❤️ـﮩﮩـ╬❥❥❥❥

8 0

3 years ago