Answer: Edit option allows everyone in a group to edit the contents work
Explanation:
Hope it helps
<u>Solution and Explanation:</u>
The following journal entries will be passed at the end of December month:
Number Account details and explanation debit credit
1. Utility expense 600
Accounts payable 600
(To record the accrued utility exxpense)
2. Salaries and wages expense 3000
(10 * 3 days * $100)
Salaries and wages payable 3000
(To record salaries and wages expense )
3. Interest receivable ( $1200 divide by 12) 100
Interest revenue 100
( To record the interest revenue)
Answer:
27.84
Explanation:
In order to find the price(value of the stock) after 4 years, we must have the growth rate to reach that level. In this question the growth rate will be identified first by the given information.
DATA
ROE = 26%
Plow back ratio = 0.20
Dividend this year = Do = $2.5
Rate of return = 14%
Time period = 4 years
Solution
growth rate = ROE x plow back ratio
growth rate = 26% * 0.2
growth rate = 5.2%
Dividend next year D1 = Do x (1-plowback ratio)
D1 = 2.5 x (1-0.2)
D1 = $2
Value of stock now Po = D1/(return - growth rate)
Value of stock now Po = 2/(0.14-0.052)
Value of stock now Po = $22.73
Value of stock in 4 years = Po * (1+growth rate)^4
Value of stock in 4 years = 22.73 * (1+0.052)^4
Value of stock in 4 years = $27.84
Answer:
C. $500
Explanation:
According to neoclassical economic theory, the factors of production are paid their marginal product. This payment is called the factor price.
In this case, labor is the factor of production, and the factor price is the wage, therefore, the wage is equal to the marginal product.
If the 10th worker has a marginal product of 10 units of output, and each unit of output is worth $50, then, his wage is:
10 x $50 = $500
Answer:
The correct answer is letter "D": can be used to compute a stock price at any point in time.
Explanation:
The Gordon Growth Model, also known as the Constant Dividend Growth Model, is used to measure the value of the stock at any point in time based on the projected future dividends of the stock. Investors and analysts are commonly used to compare the estimated value of the stock against the current market price. Analysts interpret the gap between the two prices as proof that the stock could be under or overvalued by the market.