Answer:Yes, there was a bargained for exchange.
Explanation:
The contract is valid for there was offer and acceptance, also consideration has been exchange by both parties. Evangeline is in a position to make the offer been the administrator of Rodrick estate
Extra financial rewards, are examples of bonuses or incentives in an organization
Answer:
d. The stock price is expected to be $54 a share one year from now.
Explanation:
Using dividend discount model(DDM), find next year's dividend;
P0 = D1/ (r-g)
50 = D1/(0.14-0.08)
50 = D1/ 0.06
Multiply both sides by 0.06 to solve for D1;
50 *0.06 = D1
3 = D1
Next, year's dividend is $3
Dividend yield = D1/P0;
= 3/ 50 = 0.06 or 6% hence choices A& B are incorrect.
Next year's price; P1 = P0(1+g)
P1 = 50(1.08) = $54 hence choice D is correct
Answer:
Note receivable is a written promise by a supplier agreeing to pay a sum of money in the future.
While
Account receivable is the funds owed by the customers.
Answer:
The amount by which the component's fair value less cost to sell is less than book value and income from operations for the year
Explanation:
Fair value less cost to sell (FVLCS) is the measurement of the value of the ‘net’ economic benefits embedded in a fixed asset that can be one in a case where the asset is been sold. Just like the name refers, it equals the fair value minus the costs that the company will incur in selling the asset such as irrecoverable taxes, delivery and transportation cost , transaction costs and so on. The fair value of the asset is the amount which can be sold to a knowledgeable and willing buyer in an arm’s length of the transaction.