Answer:
This has no effect on the period-end balance sheet.
Explanation:
A statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.
According to the question asked the balanced sheet was prepared before the pay period came so this effect will not affect the balance sheet.
Answer:
$10.08
Explanation:
First, find dividend per year;
D3 = 0.50
D4 = 0.50(1.35) = 0.675
D5 = 0.675 (1.35 ) = 0.9113
D6 = 0.9113 (1.07) = 0.9751
Next, find the present value of each dividend at 13% rate;
PV (of D3) = 0.50/(1.13^3) = 0.3465
PV (of D4) = 0.675/(1.13^4) = 0.4140
PV (of D5) = 0.9113/(1.13^5) = 0.4946
PV (of D6 )= 8.8209
Add the PVs to find the stock price;
= 0.3465 + 0.4140 + 0.4946 + 8.8209
= $10.08
Option (a) is the best choice. Interest groups pay lobbyists to serve as their representatives.
<h3>What does interest group lobbying entail?</h3>
The act of lobbying is the direct approach taken by a lobbyist to influence public figures to promote the agenda of their clientele. The National Rifle Association is an illustrative lobbying organization. Interest groups are associations of people who get together for the purpose of influencing the government.
<h3>Why would a lobbyist be employed by an interest group?</h3>
Lobbyists are employed by interest groups to sway elected authorities. Access to public figures in all areas of government is sought after by lobbyists. By informing government officials about the interests of their group and engaging in grassroots lobbying, lobbyists attempt to sway policy. Many lobbyists have prior public service experience.
Learn more about Lobbyists: brainly.com/question/509906
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Answer:
Explanation:
1) The total cost of reducing runoff if the farmers are not allowed to trade permits is:
total loss = farmer A' loss + farmer B's loss
where:
- farmer A's loss = (100 - 50) x $25 = $1,250
- farmer B's loss = (100 - 50) x $50 = $2,500
total loss = $1,250 + $2,500 = $3,750
2) The total cost of reducing runoff if the farmers are allowed to trade permits is:
Since farmer A will be willing to sell his permits to farmer B for a price that is ≥ $25 and ≤ $50, the total cost of reducing runoff is $2,500.
If farmer A sells his runoff permit at a price higher than $25 his costs will decrease but farmer B's costs will increase, so any gain due to price change is offset by the other farmer's loss.
Answer:
The recognized gain or loss is -$4000.
Explanation:
Gift property value = $49000
fair market value = $35000
realized loss = sale price - fair market value
= $31000 - $35000
= -$4000
Therefore, The recognized gain or loss is -$4000.