An arithmetic logic unit is a digital circuit used to perform arithmetic and logic operations. It signifies the essential building block of the central processing unit of a computer. The modern central processing unit contain very powerful and complex arithmetic logic unit. In addition to arithmetic logic unit, modern central processing unit contain a control unit.
Answer:
1) assuming that the credit card company's payments are immediate (1 business day)
April 30,2015, net credit and debit card sales
Dr Cash 13,580
Cr Sales revenue 13,580
2) assuming that the credit card company's payments are immediate (1 business day)
April 30,2015, gross credit and debit card sales
Dr Cash 13,580
Dr Credit card fees 420
Cr Sales revenue 14,000
Outstanding shares will be 12,000 shares.
These are calculated as follows:
Here the number of shares are as follows;
Authorized shares are 20,000, Issued shares are 15,000, Treasury shares are 3,000
Therefore, the number of outstanding shares can be calculated as follows
Number of outstanding shares = Issued stock- Treasury stock
= 15,000-3,000
= 12,000
Hence the number of outstanding shares is 12,000
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Answer:
P₀ = $12.23
Explanation:
Div₃ = $1.25
Div₄ = $1.65
Div₅ = $2.178
Div₆ = $2.30868
first we must calculate the terminal value using the dividend discount model = $2.30868 / (17% - 6%) = $20.988
now we must discount all the future dividends + terminal value
P₀ = $1.25/1.17³ + $1.65/1.17⁴ + $2.178/1.17⁵ + $20.988/1.17⁵ = $12.23
