Answer:
8.27%
Explanation:
Data provided in the question:
Current price = $36.72
Annual dividend paid, D0 = $2.18
Dividend growth rate, g = 2.2% = 0.022
Now,
Cost of Equity = [ (Dividend For Next Year) ÷ Current Price ] + Growth rate
= [ ( D0 × ( 1 + g ) ) ÷ $36.72 ] + 0.022
= [ ( $2.18 × ( 1 + 0.022 ) ) ÷ $36.72 ] + 0.022
= [ 2.22796 ÷ $36.72 ] + 0.022
= 0.06067 + 0.022
= 0.08267
or
= 0.08267 × 100% = 8.267% ≈ 8.27%
Given that <span>Charles
loves watching downton abbey on his local public tv station, but he
never sends any money to support the station during its fundraising
drives.
Economists would call charles a free rider.
The
government can solve the problem caused by people like Charles by </span><span><span>privatize channels so viewers have to pay to view them.
</span>
The private market
can solve this problem by broadcasting downton abbey on cable tv, since
then the good would be excludable and thus no longer a public good.</span>
Answer:
Explanation:
Mainly there are three types of cost i.e variable cost, fixed cost, and the mixed cost. The variable cost is that cost which is change when the production level change in the same proportion like as in double units. whereas the fixed cost is that cost which remains constant whether production level changes or not
. The mixed cost is that cost which include some part of variable cost and the fixed cost
So, the variable cost includes indirect material, indirect labor, and factory supplies
The fixed cost includes supervision, taxes ,and depreciation expense.
The mixed cost includes utilities,maintenance,etc
So, the categorization is shown below:
Indirect labor - Variable cost
Property taxes - Fixed cost
Direct labor - Variable cost
Direct material - Variable cost
Depreciation - Fixed cost
Utilities - Mixed cost
Maintenance - Mixed cost
Answer:
B. Advertising Expense 500 Prepaid Advertising 500
Explanation:
The journal entry is shown below:
1. Prepaid Advertising A/c Dr $2,000
To Cash A/c $2,000
(Being the prepaid advertising is paid)
2. Advertisement expense A/c Dr $500
To Prepaid Advertising A/c $500
(Being the adjusting entry is recorded)
Since for three-fourth is received, so one-fourth is still pending which would be
= $2,000 - $1,500 ($2,000 × 3 ÷ 4)
= $500
Answer:
C+$64
Explanation:
The GDP measures the market value of all good and services produced in an economy (country or region) in a specific period of time. It is calculated by this formula:
GDP= Consumption (C)+ Investment (I)+ Government expenditure ()+ Net exports (exports-imports)
A lump-sum tax at all levels of GDP means that no matter what GDP value is, the tax will be the same amount. If the tax is collected by the government then the GDP will increase because the government expenditure is income ( most of them are taxes) minus expenses ( public investment in education, health, etc)
GDP= C+$34+$30+0
After tax, the equilibrium level of GDP will be C+$64
