Answer:
The answer is option e. $44.46
Explanation:
The stock's expected price after 5 years can be expressed as;
FV=CV(1+RRR)^n
where;
FV=future value of stock/expected price after 5 years
CV=current price of stock
DGR=dividend growth rate
n=number of years
In our case;
FV=unknown
CV=$35.25 per share
DGW=4.75%=4.75/100=0.0475
n=5 years
replacing;
FV=35.25(1+0.0475)^5
FV=35.25(1.0475)^5
FV=44.46
In finance and accounting, accounts payable can operate as either a credit or a debit. Because accounts payable is a penalty account, it should have a credit balance.
<h3>Are accounts owed a debit or credit in normal balance?</h3>
Accounts payable (A/P) is a type of penalty account, so it stays on the credit side of the trial balance as the normal balance. It is the amount that we owe to suppliers for the interests or services that we have already acquired but have not paid yet.
Accounts payable (AP) is a short-term debt and a liability on a balance sheet where a corporation owes money to its vendors/suppliers that have provided the business with goods or services on credit.
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Answer:
The correct answer is B.
Explanation:
Giving the following information:
During April, direct labor cost totaled $15,000 and direct labor cost was 30% of prime cost. If total manufacturing costs during April were $79,000.
Manufacturing cost= direct material + direct labor + manufacturing overhead
Prime cost= direct material + direct labor
50,000= DM + 15,000
Direct material= 35,000
79,000= 35,000 + 15,000 + manufacturing overhead
manufacturing overhead= 29,000
Book value is cost minus accumulated depreciation is the book value of the property, plant, and equipment.
What is Depreciation?
Depreciation is frequently mistaken to mean that something is merely losing value or that a computation is made for tax purposes. Although it is a complicated subject, depreciation plays a significant role in your company's tax returns. Read on to find out what depreciation is, how it's calculated, and how your business can be impacted by your depreciation estimate.
Two key components make up depreciation. The first factor is the asset's value dropping over time. The second consideration is spreading out the initial cost of an expensive asset over the time you utilise it.
The projected useful life of an asset, or how long it may be utilised, determines the number of years over which it is depreciated.
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Jurisdiction of agency's government: reserve system is primarily responsible for supervising financial institutions and sending bank examiners.
<h3 /><h3>What are the
different types of jurisdiction?</h3>
some of the type of Jurisdiction are given below-
- Subject-Matter Jurisdiction.
- Territorial Jurisdiction.
- General and Limited Jurisdiction.
- Exclusive / Concurrent Jurisdiction.
Thus, it is Jurisdiction of agency's government:
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