Answer:
O A. allows us to compare the values of goods and services.
Explanation:
Money has three primary functions which include a medium of exchange, unit of account, and store of value.
As a unit of account, money is used to give value to other assets. In other words, money provides a medium through which assets and products are valued. Money is divisible into smaller units which makes its application in valuation easy.
The value of goods and services is expressed in monetary terms. Buyers and seller, therefore, can determine how much is needed to transact.
Your godmother put $2,000 in a trust fund for you. In 10 years the fund will be worth $5,000. 9.60% is the rate of return on the trust fund.
FV = Future Value
PV = Present Value
r = rate of interest
n= no of period
FV/ PV = (1 + r )^n
5000/2000 = (1 + r%)^10
2.5 = (1 + r%)^10
r = 9.60%.
The rate of return is the net profit or loss of an investment over a period of time, expressed as a percentage of the original cost of the investment. 1 When calculating the rate of return, find the percentage change from the beginning of the period to the end of the period.
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Over population, It can result from an increase in births (fertility rate), a decline in the mortality rate, an increase in immigration, or a depletion of resources. And less food for people who actually need it the state that had the least amount of people is China because it has a one child policy and if they break the law they can be executed and it’s to maintain current unsustainable consumption patterns while blaming the poor, women, people of color, immigrants, and those residing in the “global South” who produce a negligible impact on the environment.
Answer:
Answer:
Dividend (D) = 4% x $100 = $4
Current market price (Po) = $18
Flotation cost (FC) = $1.50
Tax rate (T) = 40% = 0.40
Kp = <u> D
</u>
Po-FC
Kp = <u> $4
</u>
$18-$1.50
Kp = <u>$4
</u>
$16.5
Kp = 0.24 = 24%
Explanation:
Cost of preferred stock equals dividend divided by the difference between current market price and flotation cost. Cost of preferred stock is not tax deductible.
Answer:
$211,772
Explanation:
The computation of ending inventory is shown below:-
Discount = ($480,000 - $3,600) × 2%
= $9,528
Cost of goods for sale = Beginning inventory + purchases - returns at invoice price - Discounts + Freight - Cost of goods sold
= $113,000 + $480,000 - $3,600 - $9,528 + $7,900
= $587,772
Ending inventory = Cost of goods for sale - Cost of goods sold
= $587,772 - $376,000
= $211,772
So, the right answer is $211,772. Hence the option is not available.
