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2 years ago

Stephanie seals is a cpa who is working as a controller for brentwood corporation. she is not in public practice

1 answer:

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Stephanie Seals, a CPA who is working for Brentwood Corporation as a controller is not in a public practice, but she can use her CPA status on her business cards as long as she also includes her employment title on the business cards.

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Global Tek plans on increasing its annual dividend by 15 percent a year for the next four years and then decreasing the growth r

ad-work [718]

Answer:

A) $1.82

Explanation:

the dividends discount model is used to determine the value of stock given the distributed dividends and the required rate of return:

current dividend $0.20 per stock

dividends year 1 = $0.23 per stock

dividends year 2 = $0.2645 per stock

dividends year 3 = $0.3042 per stock

dividends year 4 = $0.35 per stock

after year 4, we need to calculate the growing perpetuity = dividend / (return rate - growth rate) = $0.35 / (17.4% - 2.5%) = $0.35 / 14.9% = $2.35

now we must find the present value of the cash flows:

PV = $0.23/1.174 + $0.2645/1.174² + $0.3042/1.174³ + $0.35/1.174⁴ + $2.35/1.174⁵ = $0.1959 + $0.1919 + $0.188 + $0.1842 + $1.0537 = $1.82

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2 years ago

. A company is authorized to issue 750,000 shares of $5 par value common stock. Prepare journal entries to record the following

Rudiy27

Answer:

The answers are:

January 10

Cash $816,000

Common stock $510,000

Contributed capital in excess

of par value, common stock $306,000

January 15

Equipment $80,000

Common stock $50,000

Contributed capital in excess

of par value, common stock $30,000

February 1

Organizational expenses $3,000

Common stock $25,000

Contributed capital in excess

of par value, common stock $500

Explanation:

Contributed capital in excess of par value is the amount of money (or other assets) over the par value of stock (in this case $5 per common stock) that the company received form shareholders in exchange for stock.

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2 years ago

Automated Data Processing (ADP) provides computer software and services to a host of companies, including automobile dealerships

koban [17]

Answer:

The answer is c) Physical-asset specificity

Explanation:

The asset specificity is defined as the degree in the investments made to support a need to have a higher value than they would have if they are redistributed for any other purpose. They are non-redistributable physical and human investments that are specialized and exclusive for a task. In the example of the exercise, employee training is a specific investment of assets, since it is more likely that your investment will have the same profitability in the management of software and hardware provided by ADP.

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2 years ago

When gathering marketing intelligence, companies often use the U.S. census, which provides an in-depth look at the population sw

Tanzania [10]

Answer:

"B"

Explanation:

Market intelligence are sets of tool that can provide information about customers , competitors and other market related factors in order to increase market shares , reduce cost and improve profit

A lot of information are required and can be time consuming and costly .

To this effect an organization always look out for the best possible ways of achieving this in a cost effective way.

We have experts who are specialists in this and an organization can also make use of available data that are related to their marketing objectives.

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2 years ago

A technique uses the degrees of cost variability to measure the effect of changes in volume on resulting profits is:A. Standard

swat32

Answer:

C. Cost-volume-profit analysis

Explanation:

Costs-volume-profit analysis (CVP-analysis) is an element of cost management, the essence of which is to study the dependences of the financial results of an entity on the costs and volumes of production and sale of products, goods, services. This type of analysis can be used in pricing.

The following assumptions on which CVP analysis is based:

1) The volume of production is equal to the volume of sales and is the only factor affecting changes in costs and revenues of the enterprise. The value of stocks of manufactured products does not change.

2) All other variables (selling price of products, prices of materials and services used in production, variable costs per unit of output, labor productivity) are fixed within an acceptable range by the volume of production.

3) The analysis applies only to one product or a constant range of products. The structure of sales in a multi-product enterprise is constant.

4) Total costs and revenue are linear in terms of production.

The analysis is carried out within an acceptable range of production volume.

5) All costs are distributed between fixed and variable costs.

6) The analysis is carried out in the short term.

7) Fixed costs with changes in the volume of production do not change within an acceptable range of production volume, there are no structural changes.

Summarily, we could say that the technique is Costs Volume Profit analysis which measures the effect of changes in volume on resulting profits by using the degrees of cost variability.

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2 years ago