Answer:
The stock price is $37.16
Explanation:
Dividend Valuation method is used to value the stock price of a company based on the dividend paid, its growth rate and rate of return. The price is calculated by calculating present value of future dividend payment.
Formula to calculate the value of stock
Price = Dividend / ( Rate or return - growth rate )
Price = $3.27 / ( 12.2% - 3.4% )
Price = $3.27 / 12.2% - 3.4%
Price = $3.27 / 8.8%
Price = $37.16
Answer:
$79,800
Explanation:
Depreciation expense using the activity method = (actual hours of use in a given period / total estimated hours of use ) × ( Cost of asset - Salvage value)
(1500/10,000) × ($560,000 - $28,000) = $79,800
I hope my answer helps you.
<span>The only research method that can establish a cause an effect relationship is a control experiment. A control experiment is designed to minimize variables or other factors that can interfere with data. This makes the results more reliable and is often used in comparison to other types of experiments.</span>
Answer:
C. The price of a hamburger was $3.80 rather than $5.50 in 2010, with other prices in the table remaining fixed.
Explanation:
The given table shows the inflation rates and price movement over the years. The hamburger had inflation effect and its price increased by almost $1. The price change will create burden on the consumer and they will have to pay for inflation differential.
Answer:
a $2,350 credit balance
Explanation:
Accounts payable is a liability account. As such, when a credit entry into the account increases the balance and a debit entry reduces the balance in the account.
For the payment of an amount owed, it will be posted as a debit.
Therefore the balance in the account after the posting
= ($3700) + $1350
= ($2350)
Note the parenthesis was used to indicate a credit item.