Answer:
A. Horizontal at the shutdown price and upward sloping at prices above the shutdown point.
After a company goes public through an initial public offering (IPO), its stock becomes available for investors to buy and sell on an exchange.
What are you called when you own shares of a corporation's stock?
An individual or organisation that owns shares or stocks in a firm is referred to as a shareholder. Investors have the right to partial ownership of a certain firm when they own shares or stocks in that company. If the corporation is in trouble, shareholders may earn dividends and have some protection from liabilities.
The primary distinction between preferred and common stock is that common stock grants stockholders voting rights, whilst preferred stock does not. Preferred shareholders get dividend payments prior to regular shareholders since they have preference over the company's income.
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Answer:
The price of the stock today or the price at which the stock should sell today is $61.30
Explanation:
The price of the stock today can be calculated using the Dividend Discount Model approach which values a stock based on the present value of the expected future dividends from the stock. The price of this stock will be,
P0 = 3.15 * (1+0.2) / (1+0.12) + 3.15 * (1+0.2) * (1+0.15) / (1+0.12)^2 +
3.15 * (1+0.2) * (1+0.15) * (1+0.1) / (1+0.12)^3 +
[(3.15 * (1+0.2) * (1+0.15) * (1+0.1) * (1+0.05) / (0.12 - 0.05)) / (1+0.12)^3]
P0 = $61.296 rounded off to $61.30
Answer:
Zero
Explanation:
Under the accrual method, revenue is recognized once the recognition criteria is met. These includes;
When revenue is earned but cash is yet to be received,
Debit Accounts receivable
Credit Revenue account
When cash is received,
Debit Cash account
Credit Accounts receivable.
Since the items were delivered in April, any amount received as revenue in March will be deferred. As such, no revenue will be recognized in the income statement for March.
c. abandoned property.
d. None of these are correct.
Answer:
The answer is option B) The fan would most likely be considered mislaid property.
Explanation:
Mislaid property fall among the categories of the common law of property which deals with personal property or chattel which has left the possession of its rightful owner without having directly entered the possession of another person.
Mislaid property refers to a property that has been left intentionally in a certain place and later forgotten. When a property is left in a certain place by the owner with an intention to take it later and if the owner finds it difficult to locate the property later.
Jonah's neighbor's fan falls into the category of mislaid property because, It seems to be perfectly fine and was intentionally laid out by his neighbor.
Answer: A and B
Explanation: The above projects is likely to have higher asset beta other things being equal because people or workers are motivated by Money which would aid them to perform and give hundred percent on any project.
Abraham Maslow gives us a good explanation around Motivation-Starting from the premise that each human being is motivated by needs that are inborn, presumably as a result of tens of thousands of years of evolution, the Maslow theory of motivation suggests a hierarchy of needs:
Physiological needs
These are the very basic needs such as air, water, food, sleep, sex, etc. When these are not satisfied we may feel sickness, irritation, pain, discomfort, etc. These feelings motivate us to alleviate them as soon as possible to establish homeostasis. Once they are alleviated, we may think about other things.
Safety needs
These have to do with establishing stability and consistency in a chaotic world. These needs are mostly psychological in nature. We need the security of a home and family. However, if a family is dysfunction, i.e., an abused child - cannot move to the next level as she is continuously fearful for her safety. Love and a sense of belonging are postponed until she feel safe.
Love and needs of belonging
Humans have [in varying degrees of intensity] a strong desire to affiliate by joining groups such as societies, clubs, professional associations, churches and religious groups etc. There is a universal need to feel love and acceptance by others.
Self-Esteem needs
There are essentially two types of esteem needs:self-esteem resulting from competence or mastery of a task; and the esteem and good opinion of other people.
The need for self-actualisation
Maslow theory of motivation proposes that people who have all their "lower order" needs met progress towards the fulfilment their potential. Typically this can include the pursuit of knowledge, peace, esthetic experiences, self-fulfillment, oneness with God, nirvana, enlightenment etc. So ultimately this is all to do with the desire for self transcendence.
Project A and Project C are likely to have higher asset betas due to their specific characteristics.
The asset beta of a project depends on various factors, including the risk profile of the project. In the given scenarios, the project with a higher asset beta would be:
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Draw the journal entry.
Answer and Explanation:
The journal entry is given below:
Factory overhead Dr $550
To Raw material inventory $550
(being the actual indirect material cost is recorded)
Here the factory overhead is debited as it increased the expense while the raw material inventory is credited as it decreased the assets
The journal entry for Dream House Builders, Inc., incurring $550 of indirect materials costs would be a debit to the Manufacturing Overhead account and a credit to the Materials Inventory account, reflecting the expenditure.
The subject of this question is related to accounting and journal entries concerning indirect materials costs. When Dream House Builders, Inc. incurs $550 of actual indirect materials costs, the journal entry would record this as a debit to manufacturing overhead and a credit to the materials inventory.
For instance, assuming the indirect materials used are reducing the inventory, the journal entry would look like this:
This signifies that the indirect materials costs are absorbed into manufacturing overhead (an expense account) from the inventory (an asset account), adhering to double-entry bookkeeping.
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