The entry that includes a debit to allowance for doubtful accounts and a credit to accounts receivable is "adjusting entry to allow for estimated bad debts''.
In the accounts, the purpose of the allowance for doubtful accounts is to estimate how many customers out of the 100 will not pay the full amount they owe and to see exactly how payments work out, the company will debit a bad debt expense and credit allowance for doubtful accounts.
To record adjusting entry for doubtful accounts are assuming that the allowance for doubtful accounts has a credit balance, subtract the amount of the credit balance from the amount estimated to be uncollectible to get the amount of the adjusting entry in the accounts.
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kate, the manager of halpern tooling company, wants to create a stronger, more positive culture at the company. how might kate promote and encourage a stronger culture?
Give employees a lunch or a presentation about the company's goals and priorities.
The objectives you should set for your employees should be?Relevant, measurable, attainable, and time-based. We've all heard it, but few people are aware of how to set goals that meet these requirements. Shrewd objectives for work are not difficult to set when you utilize these tips: Specific: Try focusing the goal on a single aspect of an employee's job.
What is the significance of employees setting goals?Employees can be motivated by setting goals. Researchers have found that employees can feel a stronger connection to their company when they set goals. This not only encourages better employee performance but also contributes to increased office optimism.
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Full Question = Kate, the manager of Halpern Tooling Company, wants to create a stronger, more positive culture at the company. How might Kate promote and encourage a stronger culture?
A) Create a spreadsheet showing that employees are better paid than at other companies.
B) Treat employees to a lunch/presentation that showcases the firm's goals and priorities.
C) Analyze the macroenvironment of the company and that of its competitors.
D) Analyze the competitive environment and competitive intelligence of the company.
E) Suggest that supervisors review the company handbook with their departments.
suppose you are a manager of a firm that operates in a duopoly. recently, the state attorney general fined you and your competitor for price fixing. in your market, firms only set prices, not total quantities to sell. from previous experience, you know your competitor has a marginal cost of $1.98. further, your marginal costs are $1.96. the previous cartel price was $10.00, when you and your competitor were price fixing. what price level do you now choose to maximize profits?
Anytime there is price fixing between two competitors, if one choose to do so, it should be above his marginal cost and not beyond the other competitor's marginal cost (price).
If a competitor decides to set prices in a price war between two rivals, the price shouldn't exceed the other competitor's marginal cost (price) and should be higher than the other competitor's marginal cost (price). Given that there will be a $10 charge for price fixing (previous cartel price). The best price would then be below the competitor's price and above his marginal cost in order to maximize profit.
Thus, $2.33—above his marginal cost and below competitor price—would be the best price to maximize earnings. Since, a fine will be imposed for price fixing. The best price would then be below the competitor's price and above his marginal cost in order to maximize profit.
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The manager of a 150-unit apartment complex knows from experience that all units will be occupied if the rent is $1000 per month. A market survey suggests that, on average, one additional unit will remain vacant for each $20 increase in rent. What rent should the manager charge to maximize revenue?.
The manager should charge a rent of $2500 to maximize the revenue from the apartment complex and increase the profit
x = $20 increases
Price = $1000+20x
Quantity = 150-x
a. The first step is to find revenue by coming up with an equation
Revenue = Price × Revenue
R(x) = (1000+20x) (150-x)
b. The second step is to maximize the revenue
R(x) = (- 20x^2 + 2000x + 150000)
c. The third step is to find the derivative and set it to zero
R(x) = (2000x - 150000)
150000 = 2000x
x = 75
d. The fourth step is to determine the rent that the manager should charge to maximize revenue
Price=$1000+20x
Price=$1000+20(75)
Price=$1000 + 1500
Price=$2500
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as a business owner who sells products to customers and a consumer who purchases products from other sellers, dinesh has a deep understanding about the perceived value received when purchasing a good or service. he decides to teach his son, who will eventually take over the business, about this concept. what does dinesh tell his son that he will be teaching him about?
As a business owner who sells products to customers and a consumer who purchases products from other sellers, dinesh tell that he will be teaching his son about perceived value. received when purchasing a good or service.
The perceived value comes down to the price the public is willing to pay for a good or service. Even a snap decision pf perceived value made in a store aisle involves an analysis of a product's ability to fulfill a need and provide satisfaction compared to other products under different brand names.
The perceived value is a customer's own perception of a product or service's merit or desirability to them, especially in comparison to a competitor's product. The perceived value is measured by the price the public is willing to pay for a good or service.
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when a country does not adopt a formal pegged rate, but tries to keep its currency within some range of a reference currency, this is called a(n) blank system.
A blank system is used, when a nation does not adopt a formal fixed rate but still tries to keep its currency within a certain range of a reference currency.
What is currency?Currency is defined as a unit of account that is issued by a government and is accepted at face value.
The definition of "equivalent amount" gives the term "currency" the definition given there. Reference Currency refers to the currency in which the applicable Sub-underlying Fund's assets are all valued and reported.
When a currency's value is fixed in relation to a reference currency, such as the U.S. dollar, the exchange rate between that currency and other currencies is then set by the exchange rate of the reference currency.
Later, Marshall Shalin's developed the concept of three modes of exchange, which could be detected throughout more specific civilizations than just Capitalist and Non-Capitalist. He did this by using Karl Polanyi's work. These are market exchange, reciprocity, and redistribution.
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which environmental marketing strategy is especially beneficial for a company to use when it is difficult for another company to imitate the environmental impact of a product?
The promotion of a company's environmentally friendly business operations is known as "green marketing."
The promotion of ecologically friendly goods, services, and projects is known as green marketing or environmental marketing. A wide range of techniques and strategies that are friendly to the environment are more particularly referred to as green marketing. Examples of green marketing include: producing green products. An organization's departments are linked through a holistic business approach, which enables them to function as a single team. To achieve an overarching organizational purpose, all personnel collaborate. The shaded green strategy emphasizes greenness in product development, design, production, and pricing if cost efficiencies can be realized through greenness. It also places some secondary focus on greenness in its more overt promotional efforts.
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If the democrats maintain control of the house, what will the consequences be for the issue of the economy?.
The democrats and Republicans agreed that the United States should continue to be the world's primary supplier of agricultural products. They supported maintaining the country's agricultural-based economy.
They held that the government should only carry out its obligations under the U.S. The constitution and supported states' rights and a rigorous reading of the document. They democrats the self-government economy and were founded on democratic ideals. Instead of emphasizing the objective of replacing the capitalist system (factor markets, private property, and the wage labour) with a qualitatively different socialist economic system, social democrats championed Keynesian economics, state interventionism, and the welfare state.
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hugh tries his best to convince irene about a new business proposal, but irene presents some good counterarguments and stalls the proposal. this is an example of
This is an example of Resistance.
Why counterarguments are important?A position that contradicts your main argument is known as a counterargument. A strong persuasive writing and speaking strategy should include counterarguments, since they demonstrate that you have thought about opposing viewpoints.In addition, they give you the ability to argue against the adversary and support your perspective. A counterargument strengthens your ethos (credibility) since it demonstrates justice in your persuasive essay.Hugh's proposition was questioned by Irene, demonstrating her ability to correctly investigate certain topics. This mindset is beneficial, especially when we are unsure of a certain topic. By doing this, we may support the idea's proponents in their efforts to make improvements to the particular topic.
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Hugh tries his best to convince Irene about a new business proposal, but Irene presents some good counterarguments and stalls the proposal This is an example of Resistance.
Why counterarguments are important?A position that contradicts your main argument is known as a counterargument.A strong persuasive writing and speaking strategy should include counterarguments, since they demonstrate that you have thought about opposing viewpoints.In addition, they give you the ability to argue against the adversary and support your perspective.A counterargument strengthens your ethos (credibility) since it demonstrates justice in your persuasive essay.Hugh's proposition was questioned by Irene, demonstrating her ability to correctly investigate certain topics. This mindset is beneficial, especially when we are unsure of a certain topic. By doing this, we may support the idea's proponents in their efforts to make improvements to the particular topic.To learn more about counterarguments, refer to
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while acme lawn mowers makes a profit on all of its products, it sells mowers to retailers at different prices, depending on whether they are independent stores or members of a national chain. it uses:
Acme Lawn Mowers uses price discrimination to make profit by selling mowers to retailers at different prices, depending on whether they are independent stores or members of a national chain.
Write a short note on price discrimination.Price discrimination is a microeconomic pricing strategy when a single provider provides identical or very comparable goods or services in many markets at various rates. Product differentiation differs from price discrimination because of the larger difference in production costs for the variously priced products involved.
The variety in customers' willingness to pay and the elasticity of their demand are the main factors that determine price differentiation. For price discrimination to be effective, a corporation must have market power, which might take the form of a dominant market share, a unique product, exclusive pricing power, etc. All prices that are subject to price discrimination in a market with perfect competition are higher than the equilibrium price.
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question 4 (10 pts): the first design alternative (a) requires a $300,000 investment and will produce net annual revenue of $55,000 over the 10-year planning horizon. the second alternative (b) requires a $450,000 investment and will produce net annual revenue of $80,000 annually. both alternatives are expected to have negligible salvage values at the end of the 10-year planning horizon. based on a 10 percent marr and an irr comparison, which design (if any) should be chosen?
Since the incremental IRR for project B is greater than the MARR of 10% Project B should be chosen basis the incremental IRR method.
1) For IRRa, -300000+55000/(1+r)+55000/(1+r)^2+....55000/(1+r)^10=0
Or -300000+55000/(1+r)*((1-(1/(1+r)^10)/(1-(1/1+r)) gives r=12.9%=IRRa
For IRRb, -450000+80000/(1+r)*((1-(1/(1+r)^10)/(1-(1/1+r)) solving gives,r=12.1%=IRRb
Basis IRR, IRRa>IRRb hence Project A is a better basis IRR method
2. For the increment IRR method let's see the cash flows of project B vs Project A
Initial investment=450000-300000=150000
And annual revenues =80000-55000=25000
Now calculating Incremental IRR,
-150000+25000/(1+r)+....25000/(1+r)^10=0 gives -150000+25000/(1+r)*((1-(1/(1+r)^10)/(1-(1/(1+r))) solving for r gives r=0.105 or 10.5%
Incremental describes normal, measurable actions which can be usually small. on occasion, a basketball group may additionally make a big development, like a set that is 32-50 three hundred and sixty-five days after which 50-32 the following. more frequently, progress is small and tiny incremental.
Incremental innovation does not create new standards or products, because it specializes in marginal upgrades to what already exists. as an example, Gillette constantly improves its razors, including new capabilities, like more blades, heated razors, and a pivoting head.
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how much the bond price will be if the market rate is the same as the coupon rate for a $1,000 face value bond? how much the same bond will be priced if the maturity is only 3 months away when market rate has dropped 2% below the coupon rate?
If the Market rate and coupon rate are the same, then the bond price can't change which means the bond price is the same as the face value, so here the Bond price will be $1000 as it's not changed because the market rate and coupon rate are the same.
If the 2% decrease in bond interest rate then the bond price is increased above par value so there is a market premium, so the bond price will be increased by 2% = $1020
The stocks and the bond price are generally related to each other. When the price of the bond begins to fall, the stock market will plummet too. Stock returns and bond returns can both be negative. The price which investors are willing to pay is known as the bond price. The market price of the bond consists of two parts. The face value of the bond represents the first part and the bond interest payment represents the second part.
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which company has the higher receivables turnover ratio? company a company b average net accounts receivable $2,000 $5,000 average inventory $4,000 $20,000 net sales $40,000 $100,000 multiple choice question. both are the same company b is greater company a's is greater
Answer: Both Are the same
Answer:
both are the same
Explanation:
shana wears a hijab (head scarf) in conformance with her muslim beliefs. shana has been working in the call center but is moved to the front desk. the manager requests that shana remove her hijab because it presents the wrong image. what should the human resources manager do?
The human resources manager should tell the executive that is illegal to ask Shana to remove her hijab.
The hijab frequently refers to head coverings worn by some Muslim women. It's obligatory for every Muslim woman who has reached the age of puberty to wear a hijab. While similar head coverings can come in numerous forms, hijab frequently specifically refers to a cloth wrapped around the head, neck, and casket, covering the hair and neck but leaving the face visible.
The term ḥijāb was first used to denote a partition or a curtain, or was occasionally used for the Islamic rules of modesty.( 1)( 2) This is the operation in the verses of the Qur'an, in which the term hijab occasionally refers to a curtain separating callers to Muhammad's main house from his women's domestic diggings
.
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a court declares jimi to be mentally incompetent and appoints krispin to be his guardian. later, without krispin's knowledge, jimi signs a contract to sell his lake cabin to lazar for its real market value. the contract is
Jimi signs a contract to sell his lake cabin to lazar for its real market value. the contract is void.
What is meant by void contract ?
A formal contract that is effectively invalid and unenforceable from the moment it is established is known as a void contract.
Although both contracts may be voided for related reasons, a void contract varies from a voidable one.
If a contract cannot be enforced as written, it may be ruled invalid.
Invalid contracts can arise when one of the parties is unable to completely understand the ramifications of the agreement. For example, a person who is mentally ill or intoxicated may not be sufficiently sober to comprehend the terms of the agreement, making it void.
Agreements made by minors or for illicit purposes may likewise be declared void.
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on july 8, jones inc. issued an $79,800, 6%, 120-day note payable to miller company. assume that the fiscal year of jones ends july 31. using a 360-day year, what is the amount of interest expense recognized by jones in the current fiscal year? when required, round your answer to the nearest dollar.
The amount of interest expense recognized by jones in the current fiscal year is $306
The following illustrates how interest costs were calculated:
= Principal * Interest * Days * Days * Rate of Interest (total number of days in a year)
Simple interest is a simple and straightforward formula for figuring out how much interest will be charged on a loan. The daily interest rate, the principal, and the number of days between payments are multiplied to determine simple interest.
Simple interest is calculated by dividing the principal by the time, interest rate, and time period. "Simple Interest = Principal x Interest Rate x Time" is the written formula. This is the most fundamental formula for calculating interest.
= $79800.00 x 6% x (23 / 360)
= $305.98
The nearest dollar is $306
the period of 23 days runs from July 8 to July 31.
By multiplying the principal amount by the rate of interest and the duration, we simply applied the basic interest formula.
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jack works on the production line at an assembly plant. jack receives a base salary plus $1.25 per unit assembled. this is an example of a cost. multiple choice question. step-wise mixed variable fixed
jack works on the production line at an assembly plant. jack receives a base salary plus $1.25 per unit assembled. This is an example of a mixed cost.
Mixed costs, often referred to as semi-variable costs, are created when a variable cost and a fixed cost are combined. The various production levels within a firm have an impact on the total blended cost.
When a cost has both a fixed cost and a variable cost, that cost is said to be mixed cost. It is crucial to comprehend how these components combine to create a cost in order to forecast how costs will change as activity levels change.
Production is the process of mixing several material and immaterial inputs to create something that is intended for consumption. Production is the process of creating a good or service with value that enhances people's utility.
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true or false: the benefits of an environmental marketing strategy extend to virtually all of a firm's stakeholders when the strategy is effectively integrated within a firm's general marketing plan.
When an environmental marketing strategy is successfully included into a company's overall marketing plan, benefits accrue to almost all of the stakeholders in the company. It is accurate to say this. This statement is True.
One illustration of this is the online shopping and auction website eBay. The website extends the lifespan of the products by enabling the exchange of commodities between clients. eBay's Classifieds section prevents usable things from ending up in landfills. Environmental marketing is a subset of marketing that emphasizes a good or service's impact on the environment.
A dedication to sustainable methods, inventive products or services, and a strong social media presence are some frequent environmental marketing qualities. Lack of resources, inexperience with green marketing, or unfavorable public attitudes are examples of weaknesses.
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in order to determine product costs, jit firms are usually structured so they can use a. variable costing. b. process costing. c. joint costing. d. job-order costing.
In order to determine product costs, Jit firms are usually structured so they can use job-order costing.
In a process accounting system, what kinds of costs are typically present?average prices based on weight. In this version, it is presumed that all costs, whether current or from a previous time, be combined and allocated to generated units.
Standard prices. Based on typical prices, this variant.
Costing from first-in, first-out (FIFO).
Which of the following doesn't a process costing system employ?Heterogeneous products exist. Heterogeneous products are distinct items, thus process costing does not apply to them.
With a big number of uniform products, what kind of costing method performs the best?A company that manufactures homogeneous goods on a large scale would use process costing to calculate the amount of money spent on each individual process over a specific time period, whereas companies that deal in distinctive, heterogeneous goods would use job costing to calculate the cost of each individual unit manufactured.
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the levels of organizational culture are multiple choice strategy, mission, and values. stability and flexibility. observable artifacts, espoused values, and basic underlying assumptions. clan, hierarchy, market, and adhocracy. identity, commitment, and stability.
The layers of corporate culture are visible signs, ideals that are upheld, and fundamental underlying presumptions.
What are assumptions examples?An assume is something you believe to be true despite the lack of evidence. People could presume, for instance, you are a nerd when you don spectacles, even when it is untrue.
Why do People make assumptions?The procedure of making assertions is one way the brain preserves energy. When find patterns in the way the world functions, we lean on our prior experiences. When we come across new circumstances, we adapt these patterns—or presumptions—to the new setting. This method spares us the effort of reexamining every circumstance from scratch.
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in the context of the job analysis process, reviewing drafts of job descriptions with managers and employees is a subtask of
Reviewing draft job descriptions is a subtask of developing job descriptions and job specifications.
Job analysis is the process of analyzing a job to determine the activities and responsibilities in the job along with the required qualifications and their relationship with other jobs. Job analysis is carried out so that work can be carried out effectively and optimally. So that the quality and productivity of employees will be qualified.
Job description describes the roles, activities, duties and responsibilities of the job while specification represents the skills required to do the job. By doing the development of the job description and specification, it will be known to what extent the roles and responsibilities of the tasks that must be carried out. It will also provide job-related specifications such as setting realistic performance measurement standards.
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the expected returns for acme company are shown below: economy probability return boom 0.10 20% above average 0.20 15% average 0.40 10% below average 0.20 5% recession 0.10 -10% calculate expected return and standard deviation for acme.
The expected return shows the typical rate of return that investors might anticipate receiving over a sufficient amount of time.
What is return probability?Expected return is simply a measure of probabilities intended to show the likelihood that a given investment will generate a positive return, and what the likely return will be. The purpose of calculating the expected return on an investment is to provide an investor with an idea of probable profit vs risk.
Data and Calculations:
Scenario Probability Expected Expected Variance Squared
Return Value Variance
A 0.2 +30% 0.06 0.045 0.002025
B 0.3 +15% 0.045 0.03 0.0009
C 0.1 -10% -0.01 -0.005 0.000025
D 0.4 -20% -0.08 -0.065 0.004225
The expected return is 1.5%.
= 1.5%
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Jonathan is a photographer. He has been hired by a company to shoot an advertisement for their product. Which role does Jonathan play in the advertising process for the product? Jonathan plays the role of a in the advertising process for the product.
Jonathan is a photographer. He has been hired by a company to shoot an advertisement for their product. Jonathan plays the role of a consultant in the advertising process for the product.
What is a consultant?Generally, A professional who, in addition to providing advice, engages in additional activities that serve a purpose related to their area of expertise is known as a consultant. As a kind of contingent labor, consulting services are often classified as falling within the umbrella of professional services.
Consultants, who are often known as management consultants, assist businesses in dealing with change and finding solutions to issues in order to make such businesses run more effectively and, as a result, more financially.
In order to assist their client organizations in becoming more successful in their commercial endeavors, consultants provide them with guidance and knowledge.
In conclusion, Since Jonathan was brought in from outside the organization to do a particular task, I would classify him as a contract employee, sometimes known as a consultant.
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CQ
Jonathan is a photographer. He has been hired by a company to shoot an advertisement for their product. Which role does Jonathan play in the advertising process for the product? Jonathan plays the role of a ____ in the advertising process for the product.
long-run economic growth is generally positive rather than negative because long-run changes in output are driven by changes in: multiple choice consumption, investment, and net exports. labor, capital, and technology. aggregate demand. government spending.
Long-run economic growth is generally positive rather than negative because long-run changes in output are driven by changes in the: LRAS, including changes in labor, capital, and technology. (factors of production)
What are the factors of production?Factors of production are those assets that make up the economic system. They are what human beings use to provide items and services. The economist classifies the factors of production into four categories.land, labor, capital, and entrepreneurship.Factors of production are the inputs required to produce goods or services. A factor of production is an economic term that describes the inputs used in the production of goods or services to achieve economic profit.It contains all the resources needed to create a product or service.Factors of production are land, labor, capital, and entrepreneurship.The level of technological progress affects all factors of production and can explain efficiency independently of the four typical factors.Land as a factor of production refers to the management of agriculture and the use of natural resources.Thus, [OPTION B] is the correct answer.
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NOTE: The given question is incomplete and here is the complete question:
QUESTION: Long-run economic growth is generally positive rather than negative because long-run changes in output are driven by changes in the:
(A) LRAS, including changes in consumption, investment and net exports.
(B) LRAS, including changes in labour, capital, and technology.
(C) aggregate demand, including changes in labour, capital, and technology.
(D) SRAS, including changes in labour, capital, and technology.
in 2012, nominal gdp per capita in the u.s was $49,922. in colombia, nominal gdp per capita was $7,855 the same year. calculate the ppp-adjusted gdp for colombia if the purchasing power of a given amount of dollars was 41% lower in the u.s. ppp-adjusted gdpcolombia
Calculate Colombia's ppp-adjusted GDP if the purchasing power of a given amount of dollars was 41% lower in the US. Colombia's PPP adjusted GDP is =7855/0.59, which equals $13314.
Gross domestic product (GDP) is a monetary measure of the market value of all final products and services produced and sold by countries within a certain time period. Because of its complicated and subjective nature, this measure is frequently changed before being regarded a credible indication. GDP per capita, on the other hand, does not reflect differences in the cost of living and the inflation rates of the countries; thus, using GDP per capita at purchasing power parity may be more useful when comparing living standards between nations, whereas nominal GDP is more useful when comparing national economies on the international market. Total GDP can also be broken down into the contributions of each industry or sector of the economy.
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mr. garcia is planning for retirement. he deposits $650 each month into a retirement account. the account pays 9% per year compounded monthly. how much will he have in 17 years when he retires?
Since Mr. Garcia is planning for retirement and calculate his amount after 15 years of investment means he look for Future Value of an Annuity.
What are the present and future values?
The amount of money that has to be invested in order to accomplish a particular future goal is known as the present value. Future value is the dollar amount that, if invested, will grow over time. The amount you must invest in order to obtain the future worth is known as the present value.
An illustration of future value
The future value formula, FV=PV(1+i)n, increases the present value PV by a factor of 1 + I for each period into the future. The future value calculator calculates the FV using a number of variables, including: The whole present value. a large number of times, usually years. rate of interest.
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Why is cash rather than petty cash credited when a petty cash fund is replenished?.
Your "Cash Account" will be credited because it will be debited on your "Petty Cash Account" when your petty cash is replenished.
The reason for credit entry on Cash Account and debit entry on Petty Cash Account is because of double entry accounting system. Cash Account and Petty Cash Account are recorded on a separate journal, therefore when a petty cash fund is replenished, you will have to credit your cash on your cash account journal entry because you take money out from it and then you put it into your petty cash account and make a separate journal entry on your petty cash account showing that money has been put into it and therefore debited on your Petty Cash account.
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which of the following would most likely be classified as a current liability? a.two-year notes payable b.unearned rent c.bonds payable d.mortgage payable
Most likely, unearned rent would be categorised as a current liability.
Unearned rent represents the prepayment of rent that is recorded as a liability until the revenue is earned. The accounting journal entry is a debit to a cash account and credit to the unearned rent current liability account.
Is a 2 year bank loan a non current liability?
Bank loans: Bank loans are often a type of non-current liability because they are usually paid back over a period of time that is greater than one year. For example, a company may take out a five-year bank loan in order to finance the purchase of new equipment.
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2. if a purchased item is long-lived but not used in normal operations, the asset is classified and recorded as a(n)
When an asset is long-lasting but not used in regular operations, it is categorized and recorded as an investment.
An asset or object purchased with the intention of generating income or appreciation is referred to as an investment. The term "appreciation" investment describes a rise in an asset's worth over time. When a person buys a product as an investment, they don't intend to utilize it money right away; instead, they plan to use it to make money later on.
An investment is usually the use of a resource today—time, effort, investment money, or an asset—in the anticipation of receiving a larger return than what was first invested. A financial asset, for instance, might money be bought by an investor now with the hope that it would provide income later on or be sold for more money.
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a stock is expected to pay dividends of $1.20 per share in year 1 and $1.35 per share in year 2. after that, the dividend is expected to increase by 2.5% annually. what is the current value of the stock at a discount rate of 14.5%? $ (keep 2 decimal digits in your final answer)
If a stock is expected to pay dividends of $1.20 per share in year 1 and $1.35 per share in year 2. the current value of the stock at a discount rate of 14.5% is $10.87.
How to find the current value of the stock?First step is to find the price inn year 2 (P2)
P2 = D3 ÷ (r - g)
Price in year 2= 1.35 × 1.025 ÷ (0.145 - 0.025)
Price in year 2 = $1.38375 ÷ (0.145 - 0.025)
Price in year 2 = $1.38375 ÷ 0.12
Price in year 2= $11.53125
Now let find the current price
Current Price = $1.20 ÷ 1.145^1 + $1.35 ÷ 1.145² + $11.53125 ÷ 1.145²
Current Price = $10.87
Therefore the current price is $10.87.
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if interest rates increase, business investment expenditures are likely to and consumer durable expenditures are likely to . a. increase, increase b. increase, decrease c. decrease, increase d. decrease, decrease e. be unaffected, be unaffected
if interest rates increase, business investment expenditures are likely to decrease and consumer durable expenditures are likely to decrease.
Interest rates can influence the amount of money that lenders and investors are willing to save and invest. An increase in demand for loanable funds raises interest rates, while an increase in supply lowers rates.
Capital operations are addressed by investment expenditure. It includes loan repayment, authority loans and advances, and direct investment expenditure (equipment and real estate acquisitions, new work, major repairs)
Consumer durables, also known as "durable goods," are goods that do not require frequent purchases and last at least three years. Economists pay close attention to consumer durables consumption because it is a good indicator of the economy's strength.
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