intro abc corp. has just paid a quarterly dividend of $0.33. abc's dividends will grow by 5% for the next 4 quarters, and then grow by 0.5% thereafter. abc has a quarterly required return of 4%. attempt 2/10 for 10 pts. part 1 what is the value of the stock? 1 decimals

Answers

Answer 1

The value of the stock can be calculated using the dividend discount model (DDM). The DDM takes into account the future dividends and the required return.

To calculate the value of the stock, we need to find the present value of the future dividends. First, let's calculate the future dividends. Then the dividend will grow by 5% for the next 4 quarters. So, the future dividends will be Quarter 1: $0.33 * (1 + 0.05) = $0.3465, Quarter 2: $0.3465 * (1 + 0.05) = $0.3648, Quarter 3: $0.3648 * (1 + 0.05) = $0.383, Quarter 4: $0.383 * (1 + 0.05) = $0.4021,From the 5th quarter onwards, the dividend will grow by 0.5% each quarter.

Next, we need to calculate the present value of these dividends. We'll use the formula that is Present Value = Dividend / (1 + Required Return)^n, For example, the present value of the first dividend ($0.3465) = $0.3465 / (1 + 0.04)^1 = $0.3332, We repeat this calculation for each dividend and sum them up to get the value of the stock. Overall, the value of the stock can be calculated by finding the present value of the future dividends using the dividend discount model.

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Related Questions

A reserve is an account
a. Set aside from profit for an unknown liability
b.Of loss from trading activities
c. Of profit from trading activities
d. Set aside from profit for specific purpose​

Answers

Answer:

The correct option is;

d. Set aside from profit for specific purpose

Explanation:

A reserve which is a term in accounting to define a portion of the profits of the business set aside to build the financial posture of the company by expanding the business or to grow to an higher operating level

A reserve account which can be referred to as a reserve fund, is an account  meant to keep a portion of the business profits to serve a particular purpose in the future.

Step One: Scenario
You’re working as a database administrator for Quantigration, a
networking equipment manufacturer. The company has grown quickly,
and it’s still figuring out its internal busine

Answers

Assess the current database infrastructure, collaborate with stakeholders, implement centralized management, optimize performance, and prioritize data security.

As a data set chairman for Quantigration, a systems administration gear producer, the organization's fast development presents a test in laying out effective inward business processes. The initial step is to evaluate the present status of the organization's data set frameworks and recognize regions for development.

Assess the current information base foundation, including equipment, programming, and information models, to guarantee versatility, execution, and security. Direct a careful examination of the information stockpiling and recovery cycles to distinguish any bottlenecks or shortcomings.

Team up with partners from different divisions to figure out their information necessities and difficulties. This will assist with focusing on the execution of data set arrangements that line up with the organization's business objectives.

Consider executing a unified data set administration framework that merges information from various offices and gives secure access controls. This will further develop information respectability, diminish overt repetitiveness, and smooth out information the executives processes.

Foster information reinforcement and recuperation methodologies to shield basic data. Consistently screen and upgrade information base execution, guaranteeing productive question execution and limiting margin time.

Moreover, give preparing and backing to workers to advance viable information base use and guarantee information administration rehearses are followed.

By zeroing in on improving the data set framework, streamlining information the executives cycles, and encouraging a culture of information driven navigation, Quantigration can lay out a strong starting point for its inner business tasks and backing proceeded with development.

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The complete question is:

Step One: Scenario

You’re working as a database administrator for Quantigration, a networking equipment manufacturer. The company has grown quickly, and it’s still figuring out its internal business processes. Customer return merchandise authorizations (RMAs) are used to track shipments for defective or incorrect parts. The company has identified RMAs as a specific problematic area.

Your supervisor at Quantigration asked you to create a database for a new software application that will be used for processing RMAs. Because there are several locations where merchandise can be taken in, the application must also record where items are received.

This system will also capture where the equipment is going next: repair, scrap, or refurbishing and resale. The warehouse shipping and receiving employees at your company will be using this application; they are considered your “end users” for the application. Part of their job is to process customer return shipments. This involves the following steps:

Assess the quality of the items being returned for defects

Identify missing parts

Identify signs of obvious wear and tear (such as dents or scratches to the equipment)

eco 102 what did the federal open market committee decide to do regarding the federal funds rate at its november 1st-2nd, 2022 meeting?

Answers

After increases of 0.75% in June, July, September, and November, the Federal Open Market Committee (FOMC) decided to hike the federal funds rate more gradually. 50% (50 basis points ((100 basis points = 1%)) to 4.25% - 4.50%.

After a 15-year hiatus, the federal funds rate has reached an all-time high. According to its statement from last May, the FOMC still anticipates more hikes in the federal funds rate and will keep selling off Treasury and agency debt and agency mortgage-backed securities throughout 2023.

Provided Explanation: Expenditure and output appear to be increasing at a moderate rate, according to recent data. Gains in employment have been strong as of late, and the unemployment rate has stayed quite low. Supply and demand mismatches brought on by the epidemic have resulted in persistently high inflation, as have the rising costs of food and energy.

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What is considered a human rights abuse by an American company may be viewed as an acceptable business practice in China, which illustrates that ______. Multiple choice question. better ethics comes with increased standard of living the United States is often overly critical of foreign business practices the United States has more highly evolved ethical practice moral standards are relative to particular societies

Answers

What is considered a human rights abuse by an American company may be viewed as an acceptable business practice in China, which illustrates that moral standards are relative to particular societies.

What are moral standards?

In summary, moral standards are what a person of society considers to be right or wrong regarding human behavior. These standards are often different in the distinct cultures and societies around the world, often due to differing histories that helped to form them.

Therefore, we can confirm that the situation described in the question is a direct result of the moral standards being relative to particular societies.

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Currently the UK market for Salt Pipes is worth €1.85m. It is estimated that over the next 3 years this will
Increase by around 225%.
04:Calculate the anticipated value of the UK salt pipe market in 3 years' time (4)
£1.85m - increases by 225%
1.85m/1000.0185
0.0185 * 1%
0.0185 x 225 4.1625
£1.85m 44.1625 s £6.0125
1
I

Answers

Answer:

€4.1635

Explanation:

The current market is worth €1.85m

In the next three years , it will increase by 225%

The value in three years time will be 225% of €1.85m

=225/100 x €1.85m

=2.25 x €1.85m

= €4.1635

Rick has a great idea about a new product to sell. He needs
money to get started building his brand. What type of loan does
he need?
A. Mortgage
B. Business
C. Home equity
D. Auto

Answers

He needs a business loan so it would be B

A producer of pottery is considering the addition of a new plant to absorb the backlog of demand that now exists. The primary location being considered will have fixed costs of $12,480 per month and variable costs of $0.99 per unit produced. Each item is sold to retailers at a price that averages $1.18

a) The volume per month is required in order to break even = Blank 1 (in whole number)

b) The profit or loss would be realized on a monthly volume of 61,000 units = Blank 2

c) The volume is needed to obtain a profit of $16,000 per month = Blank 3 (in whole number)

d) The volume is needed to provide revenue of $23,000 per month = Blank 4 (in whole number)

Answers

a) The volume per month is required in order to break even = 65685 units. b) The profit or loss would be realized on a monthly volume of 61,000 units = 11,390. c) The volume is needed to obtain a profit of $16,000 per month = 231579 units. d) The volume is needed to provide revenue of $23,000 per month =  19492 units

a) The volume per month is required in order to break even

To calculate the volume per month required to break even we can use the formula BEP = fixed costs / (unit price - variable cost) BEP = $12,480 / ($1.18 - $0.99) = $12,480 / $0.19 = 65684.21 ≈ 65685 units

Therefore, the volume per month required in order to break even is 65,685 units (in whole number).

b) The profit or loss would be realized on a monthly volume of 61,000 units

To calculate the profit or loss we need to use the formula Profit = (unit price - variable cost) × volume - fixed costs

Profit = ($1.18 - $0.99) × 61000 - $12,480 = $0.19 × 61000 - $12,480 = $11,390

Therefore, the profit or loss would be realized on a monthly volume of 61,000 units is $11,390.

c) The volume is needed to obtain a profit of $16,000 per month

To calculate the volume required to obtain a profit of $16,000 per month we can use the formula Volume = (Profit + Fixed Costs) / (unit price - variable cost)

Volume = ($16,000 + $12,480) / ($1.18 - $0.99) = $28,480 / $0.19 = 231,578.95 ≈ 231579 units

Therefore, the volume required to obtain a profit of $16,000 per month is 231,579 units (in whole number).

d) The volume is needed to provide revenue of $23,000 per month

To calculate the volume needed to provide revenue of $23,000 per month we can use the formula Volume = Revenue / unit price

Volume = $23,000 / $1.18 = 19491.52 ≈ 19492 units

Therefore, the volume needed to provide revenue of $23,000 per month is 19,492 units.

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The data on price and quantity purchased relating to a commodity for 10 months are given
below:Calculate coefficient of correlation between price and quantity.

Answers

Price and number of goods purchased are inversely correlated. Consequently, price rises as quantity rises.

What is data on price ?

Pricing Data is accurate information on the costs of goods that are strikingly comparable to those being purchased. Prices are used interchangeably in this definition to refer to actual selling prices as well as suggested or prospective selling prices. Data pertinent to both primary and subcontract prices are referred to in the definition. Data may consist of specific costs, weights, addresses, names, ages, temperatures, dates, or distances, for instance. Data is a basic type of knowledge and has no meaning or use by itself. In other words, facts must be interpreted in order to have any significance. A pricing list again for new term has been sent by the Contractor to authorized buyers.

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Which one of the four factors of copyright is MOST important?

Answers

Answer:

the purpose and character of the use i think

Explanation:

if a company’s default risk increases, what will happen to the bond rating?the bond ratinga. increasesb. decreasesc. does notd. change

Answers

If a company's default risk increases, the bond rating will decrease. Thus. Option B is correct.

This is because the bond rating is a measure of the company's ability to pay back its debt, and if the default risk increases, it means that the company is less likely to be able to pay back its debt. Therefore, the bond rating will decrease in response to the increased default risk.

A bond rating is an evaluation of the creditworthiness of a company and its ability to meet its debt obligations. Bond ratings are typically assigned by credit rating agencies such as Moody's, S&P, and Fitch. A company's bond rating is an important factor that investors consider when investing in bonds.

A lower bond rating typically indicates a higher risk of default, which means that investors will demand a higher yield to compensate for the increased risk. Therefore, Option B holds true.

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An investor does not wish to attempt to time the market, so she invests $300 each month into the GEMCO Growth Fund. Over the past 5 months, her purchase prices have been $10, $12, $15, $20, and $25. On the basis of this information, if she were to stop investing at this point and sell her shares 2 months from now when the NAV is $15 per share and the public offering price is $15.79, it would be CORRECT to state that her A) average cost per share was $16.40 B) proceeds were $15.79 per share C) cost basis for tax purposes was $14.71 D) realized loss would be $1.40 per share

Answers

Answer:

It would be 4(67)+ 56-

Explanation:

Which of the following is NOT true of Section 1035 Policy Exchanges?
A. Any exchange made under Section 1035 if the Internal Revenue Code must be completed within 30 days.
B. It requires an absolute assignment of the existing policy to the replacing company who surrenders the contract and issues a replacement policy.
C. It is an IRA Code which permits like kind exchange of property.
D. It is typically used when exchanging or replacing a less competitive life policy with a more competitive life policy.

Answers

Section 1035 Policy Exchanges do not pertain to the IRA Code or permit like-kind exchanges of property. The correct answer is C. It is an IRA Code which permits like kind exchange of property.

Option C is not true. Section 1035 Policy Exchanges do not pertain to the IRA Code or permit like-kind exchanges of property. Instead, Section 1035 of the Internal Revenue Code specifically applies to exchanges of life insurance policies, annuity contracts, and endowment contracts. It allows for the tax-free exchange of an existing policy or contract for a new one with a different insurance company.

Options A, B, and D are true statements about Section 1035 Policy Exchanges:

A. Any exchange made under Section 1035 of the Internal Revenue Code must be completed within 30 days. This is a requirement for the exchange to qualify for tax-free treatment.

B. It requires an absolute assignment of the existing policy to the replacing company who surrenders the contract and issues a replacement policy. This means that the existing policy is assigned to the new insurance company, and they issue a replacement policy in exchange.

D. It is typically used when exchanging or replacing a less competitive life policy with a more competitive life policy. Section 1035 Policy Exchanges are commonly used to replace an existing life insurance policy with a more competitive one, providing policyholders with better terms or benefits.

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If i make $7,800 a week from my job , how much would my yearly salary would be ?
(A) $205,500
(B) $405,600
(C) $605,700
(D) $805,800

Answers

Answer:

You would make $405,600.

Explanation:

There are 52 weeks in a year, and you make 7,800 in a week.

7,800 * 52 = 405,600

Answer:

ummm hold let me do the math it would be b i think

hulsey outdoor had a return on assets of 15 percent and a return on equity of 15 percent. given this information, the firm:
a.is using its assets as efficiently as possible. b.has no net working capital. c.has a debt-equity ratio of 1.0. d.may have short-term, but not long-term debt. e.has an equity multiplier of 1.0.

Answers

Based on the given information, Hulsey Outdoor has a return on assets (ROA) and return on equity (ROE) both equal to 15 percent. The firm may have short-term, but not long-term debt.

The return on assets (ROA) measures the profitability of a company's assets, indicating how efficiently it generates profits relative to its total assets. A 15 percent ROA suggests that Hulsey Outdoor is effectively utilizing its assets to generate profits. The return on equity (ROE) measures the return generated on the shareholders' equity investment. With an ROE of 15 percent, Hulsey Outdoor is generating a 15 percent return on the owners' investment.

The given information does not provide details about net working capital, debt-equity ratio, or the equity multiplier. Therefore, we cannot conclusively determine if Hulsey Outdoor has no net working capital or a debt-equity ratio of 1.0. Additionally, the equity multiplier cannot be determined with the provided information. However, since the firm's ROE and ROA are both 15 percent, it suggests that Hulsey Outdoor may have short-term debt that impacts its ROE, but not necessarily long-term debt. Further information would be needed to determine the specific financial structure and ratios of the firm.

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Tesla knows that it will need 500 bitcoin in 6 months. Today, the price of bitcoin is 45000$, the standard deviation of the change of price per bitcoin for 6 months is σΔc= 0.069. Tesla wants to hedge the price increase of bitcoin by future contract. The standard deviation of a future contract change of price is σΔF = 0.075 and the correlation coefficient of the above changes is 0.75. Each future contract concerns 50 bitcoin and has price 44000$ per bitcoin. After six months the price in cash market is 52000$ and in future contracts is 51.200$. Solve, find the coefficient β and show me your solution. Choose one of the following:

a. 9.85

b. 0.69

c. 10

d. None of the above

Answers

To hedge the risk, the amount paid in the futures market is $22,000,000, so the total cost of the deal is $48,000,000.β = (σΔF / σΔc) * ρ can be written as β = (0.075/0.069) * 0.75 = 0.8152.The coefficient β is not listed in the options given, so the answer is "None of the above."

Tesla plans to obtain 500 bitcoins in 6 months and the current price of bitcoin is 45000 dollars. The standard deviation of the change in bitcoin price per bitcoin for 6 months is σΔc=0.069. Tesla intends to hedge bitcoin price rises using futures contracts. σΔF=0.075 is the standard deviation of a change in price of a futures contract, and the correlation coefficient of the above changes is 0.75. Each futures contract covers 50 bitcoins and is priced at 44000 dollars per bitcoin. The cash market price is 52000 dollars after six months, while the futures market price is 51,200 dollars. The coefficient β is requested.β is determined by the following equation: β = (σΔF / σΔc) * ρ, where σΔF is the standard deviation of a futures contract change in price, σΔc is the standard deviation of a bitcoin change in price, and ρ is the correlation coefficient between the two changes in price.The price of the futures contract is F0 = 44000 dollars per bitcoin. Tesla intends to buy 500 bitcoins, so it must buy 10 futures contracts. The total cost of these contracts is 10 * 50 * 44000 = 22000000 dollars. The total number of bitcoins obtained in the futures market is 10 * 50 = 500 bitcoins. The total cost of buying bitcoins in the cash market is 52000 * 500 = 26,000,000 dollars. The total cost of bitcoins is therefore $26,000,000. To hedge the risk, the amount paid in the futures market is $22,000,000, so the total cost of the deal is $48,000,000.β = (σΔF / σΔc) * ρ can be written as β = (0.075/0.069) * 0.75 = 0.8152.The coefficient β is not listed in the options given, so the answer is "None of the above."

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What should you avoid using when writing a formal email?
O An official signature
O Emojis
O Familiar acronyms
O Last names

Answers

Emojis
Emojis are not formal and they should not go in a formal email

Answer:

emojis

Explanation:

robert worked as a campus police officer at cal poly pomona. as part of his union contract, robert was required to submit to a drug test four times per year. he tested positive for crystal meth (an illegal drug) during one of his regularly-scheduled drug tests. according to the same union contract, a positive test for an illegal drug could result in automatic termination, so robert was fired from his job. robert sued cal poly pomona for wrongful employment termination. what should be the result? a. robert should win since drug tests can never be required of any employee b. robert should win since passing a drug test has nothing to do with being a campus police officer at cal poly pomona. c. robert should lose since the union contract allowed his termination under the circumstances. d. robert should win since random drug tests are an invasion of california's privacy rights under the california constitution and, therefore, are prohibited.

Answers

The correct option is C. Robert should lose since the union contract allowed his termination under the circumstances.

Employment is a courting between two events regulating the supply of paid labor offerings. commonly primarily based on a settlement, one birthday celebration, the employer, which might be an enterprise, a new not-for-profit agency, a co-operative, or some other entity, pays the opposite, the worker, in going back for carrying out assigned work. employees work in return for wages, which can be paid on the basis of an hourly price, via piecework or an annual income, depending on the type of paintings a worker does, the triumphing situations of the world, and the bargaining electricity among the parties.

Employees in a few sectors may receive gratuities, bonus payments, or inventory options. In some types of employment, employees may additionally acquire benefits further to charge. advantages may include medical insurance, housing, and incapacity insurance. Employment is generally ruled by using employment legal guidelines, agency, or felony contracts.

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What is Newtons law on gravity?

Answers

Newton's law of universal gravitation is stated as that every particle attracts every other particle in the universe with a force that is directly proportional to the product of their masses and inversely proportional to the square of the distance between their centers.

The attempt to recognize and manage potential and unforeseen trouble spots that may occur when a project is implemented is known as.

Answers

The attempt to recognize and manage potential and unforeseen trouble spots that may occur when a project is implemented is known as Risk management.

What is Risk management?To minimize, monitor, and control the probability or impact of unfortunate events or to optimize the realization of possibilities, risk management entails the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives).Instability in global markets, threats from project failures (at any stage of design, development, production, or maintenance of life cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events with uncertain or unpredictable root causes are just a few examples of the many different types of risks that can arise.There are two different kinds of events; the former are categorized as dangers and the latter as opportunities.

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It is generally assumed that "a monopolist can always make a profit because
with no competition it can charge any price it likes." Do you think this statement
is true?
Suppose your family owns the only movie theater in your hometown, and there
is no other movie theater within 40 miles of your town. It happens that your
uncle is the town's zoning board chairperson, you feel confident that no
competitors will be allowed into the market. What factors might limit your ability
to "charge any price you like, and still make a profit?"

Answers

Factors that might limit your ability to "charge any price you like, and still make a profit" include:

Elasticity of demand

Substitutes

Consumer backlash and reputation

Potential entry of competitors

Regulatory constraints

Cost considerations

Elasticity of demand: The elasticity of demand measures the responsiveness of quantity demanded to changes in price. Even as a monopolist, if the price is set too high, it can lead to a significant decrease in the quantity demanded. If the demand for movie tickets is elastic, meaning that people are highly sensitive to price changes, charging excessively high prices may result in a substantial decline in ticket sales and revenue.

Substitutes: Even without another movie theater in the immediate vicinity, there might still be substitutes for watching movies. For example, people could choose to stay at home and stream movies online or engage in other leisure activities. The availability of substitutes can limit the monopolist's ability to charge excessively high prices, as consumers can opt for alternatives instead.

Consumer backlash and reputation: If a monopolist sets prices unreasonably high, it may face negative consumer sentiment and backlash. This can harm the company's reputation and lead to long-term consequences, such as reduced customer loyalty and negative word-of-mouth. Maintaining a positive reputation and customer satisfaction is crucial for long-term profitability.

Potential entry of competitors: While your scenario assumes no competitors due to your uncle's position, it is worth considering the potential for changes in regulations or unforeseen market developments that could allow new competitors to enter the market. The introduction of a new theater, even if located further away, could disrupt the monopolist's position and force them to adjust their pricing strategies.

Regulatory constraints: Antitrust laws and regulations are in place in many jurisdictions to prevent or limit monopolistic behavior. These regulations aim to promote competition, protect consumers, and ensure fair market practices. If a monopolist engages in anticompetitive behavior, it may face legal consequences and regulatory intervention.

Cost considerations: While a monopolist may have some pricing power, they still need to consider their cost structure. Charging excessively high prices that surpass the cost of production and delivery may attract scrutiny and potential legal or public relations challenges.

In summary, although a monopolist has a degree of pricing power, several factors can limit their ability to charge any price they desire and still make a profit. Elasticity of demand, the presence of substitutes, potential entry of competitors, regulatory constraints, consumer backlash, and cost considerations are among the factors that can constrain a monopolist's pricing strategy and profitability.

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Recognizing the need develop an idea or a product that can satisfy a need,and respond to the need by establishing a business action

Answers

Hi, you've asked an incomplete question. However, I inferred you meant knowing the term that describes this statement.

Explanation:

Problem definition is a term used in entrepreneurship when one (the entrepreneur) recognizes the need to develop an idea or a product that solves a problem (a need).

After establishing a business action that solves the identified problem, the entrepreneur begins to profer his solution to those with the identified need.

if a company uses _____ to measure taxable income, they must use the same method for external financial reporting.
a. Average cost
b. LIFO
c. FIFO

Answers

If a company opts for fifo for tax purposes, they should also apply the fifo method in their external financial reporting to maintain consistency and ensure that the financial statements reflect a true and fair view of the company's financial position and performance.

if a company uses the fifo (first-in, first-out) method to measure taxable Income , they must use the same method for external financial reporting. fifo assumes that the items or inventory acquired first are sold or used first, leading to the recognition of the oldest costs in the calculation of taxable income.

consistency between tax reporting and external financial reporting is generally required to maintain transparency and comparability in financial statements. using different inventory valuation methods for tax and financial reporting could result in discrepancies and make it challenging for stakeholders to evaluate a company's financial performance accurately.

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1. What are the main professions in Nepal? Name them.​

Answers

Answer:

The main professions in nepal are mostly farming and animal rearing.

The main professions in Nepal are Farming and animal husbandry, however, there are many occupations such as Doctor, engineer, and many others but these two are principal occupations.

In Nepal, animal husbandry is the second major occupation as first is farming, due to the fact that Nepal is an agricultural country. About 30% of the total population is engaged directly in agriculture, however, About 80% of people are involved directly and indirectly in farming as their occupation.

People of Nepal are rear all types of domestic and/or dairy animals like goats, pigs, buffalos, Chickens, Cattle, and dogs, and others. These animals help a huge amount of the people of Nepal as their occupation.

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1. What are the main professions in Nepal? Name them.

which of the following organizational arrangements does not support a company taking a low-cost position? group of answer choices a multi-level structure with several tiers in the management hierarchy. measurement and control systems that focus on productivity and cost containment. a frugal company culture that emphasizes the need to control costs. clear lines of accountability and control. incentive systems that empower employees to suggest and pursue initiatives that are consistent with productivity improvements.

Answers

A) Organizational arrangements that include a multi-level structure and numerous tiers in the management hierarchy do not assist a corporation in pursuing a low-cost position.

How does management hierarchy work?

An organizational structure that is hierarchical has a pyramid-shaped level of position and ranking or a chain of command. This organizational structure consists of several organizations, each of which is subordinate to another employee with the exception of one, who is typically the president or CEO.

Employees with higher ranks reside on a distinct level, with a single or group at the top and successive tiers of power below them, which are located at the base of the power pyramid. Every level is responsible for the levels under it and answers to the layers above.

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Creating an anonymous complaint or grievance process is something
employers can implement to prevent which of the following?
O A. Layoffs
B. Harassment
C. Taxed income
D. Arguments

Answers

Answer is B.) Harassment

hope I could help goodluck

a check drawn by a depositor for $410 in payment of a liability was journalized as $140. what entry is required in the depositor's accounts?

Answers

A depositor's check for $140 to pay a liability was recorded in the diary as $410. This item would be added to the balance on the bank reconciliation in accordance with the depositor's records.

What is Rectification Entry ?

If the issue is discovered right away, it can be corrected by deleting the incorrect entry and replacing it with the proper one. This type of entry is known as a correction entry.

The inaccuracies must be addressed or rectified by passing a journal entry to correct the debit and credit. Errors can arise on both the debit and credit side of the account. Reversing the effects of a mistaken entry on the debit and credit side and restoring the accurate debit and credit entry can fix an error.

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on february 1, derrick company establishes a $200 petty cash fund. complete the necessary journal entry by selecting the account names and dollar amounts from the drop-down menus. note: enter debits before credits. date general journal debit credit feb. 1

Answers

The necessary journal entry for Derrick Company to establish a $200 petty cash fund on February 1 includes a debit to the Petty Cash account for $200 and a credit to the Cash account for $200.


Establishing a petty cash fund means that a certain amount of cash is set aside for small expenses that occur frequently, such as office supplies or postage. This fund is usually kept in a locked box or drawer, and is managed by a designated employee who is responsible for keeping track of the disbursements and maintaining a balance in the fund.

To record the establishment of the petty cash fund, the company needs to make a journal entry that reflects the transfer of $200 from the Cash account to the Petty Cash account. This means that the Cash account will be credited for $200, while the Petty Cash account will be debited for $200.

In conclusion, the necessary journal entry for Derrick Company to establish a $200 petty cash fund on February 1 includes a debit to the Petty Cash account for $200 and a credit to the Cash account for $200. This journal entry will reflect the transfer of cash from the main Cash account to the Petty Cash account, which will be used to cover small expenses that occur frequently.

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A supermarket building was purchased for $567,000. The down payment was 12%. The balance was financed at 7.97% for 25 years. Find the montly payment is

Answers

The monthly payment for the supermarket building is approximately $3,667.63. To find the monthly payment for a supermarket building, the following formula: Monthly payment = P[r(1+r)^n/((1+r)^n)-1)]

we will need to make use of the following formula: Monthly payment = P[r(1+r)^n/((1+r)^n)-1)]

where P = the principal,

r = the interest rate per month, and

n = the total number of months.

We will calculate the values of P, r, and n using the information provided in the problem statement:

Down payment = 12% of $567,000 = 0.12 × $567,000 = $68,040

Principal = $567,000 − $68,040 = $498,960

Interest rate per year = 7.97%

Number of years = 25Number of months = 25 × 12 = 300To convert the interest rate per year to the interest rate per month, we will divide by 12:

Interest rate per month = 7.97% ÷ 12 = 0.6642% Plugging in these values into the formula, we get:

Monthly payment = $498,960[0.006642(1+0.006642)^300/((1+0.006642)^300−1)]

Monthly payment = $3,667.63.

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In the market for natural gas, what will likely happen to current natural gas prices and output if the producers expect future prices to decrease? current supply will _________, and, as a result, current prices will _________.

Answers

In the market for natural gas if the producers expect future prices to decrease current supply will decrease, and, as a result, current prices will increase.

What is demand?

In economics, demand is the quantity of a good that consumers are willing and able to purchase at various prices during a given time. The relationship between price and quantity demand is also called the demand curve

What is supply?      

supply is the amount of a resource that firms, producers, laborers, providers of financial assets, or other economic agents are willing and able to provide to the marketplace or to an individual. Supply can be in produced goods, labor time, raw materials, or any other scarce or valuable object.

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Specific factors of a venture being offered for sale that should be examined include a. the industry growth rate. b. strength of competitive forces. c. weaknesses, opportunities, and threats. d. all of the above.

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Specific factors of a venture being offered for sale that should be examined include d. all of the above.

What is venture ?

venture can be regarded as a business enterprise which involves making a risk as as to the make profit.

Therefore, when making a venture , weaknesses, opportunities, and threats should be take into consideration.

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