Answer:
Dr Organization costs ($12,000 + $3,000) 15,000
Dr Patent ($20,000 + $2,000) 22,000
Dr Equipment 30,000
Dr Preopening expenses 40,000
Cr Cash 107,000
Explanation:
Organization costs are the initial costs incurred to start a business. They include attorney fees, and any other legal and registration fees required by both municipal state and federal government.
Any fees related to the purchase of the patent, e.g. commissions paid or attorney fees must be included in the purchase cost of the patent.
A) The relationship between information systems and organizations is among the fastest-changing aspect of business today.
trying to pull the safe open seems like a viable answer
Answer:
Case 1
Price of share = $14.21
Case 2
Price of share = $44.17
Explanation:
Provided details,
We have the following,
Current dividend = $1.35
Growth rate = 0
Annual rate of return = 9.5%
Using dividend growth model value of share,
Where D1 = Dividend at year end
Ke = Cost of capital or expected return
P0 = price of share
g = growth rate
Thus P0 = = $14.21
In case 2, we have,
Dividend per share = $6.00 For a period of 9 years
Expected return = 11%
Growth rate = 0
Sale price at end of year 9 = $28
Present value annuity factor for 9 year @ 11%
= 5.537
Present value of Dividend = $6 5.537 = $33.22
Discounted value of $28 for 9 years = 0.391 {tex]\times[/tex] $28 = $10.95
As, the share will be sold after 9 years, the price will be discounted to current value.
Total present value of share = $44.17
Thus, current price = $44.17
Case 1
Price of share = $14.21
Case 2
Price of share = $44.17
Answer:
True
Explanation:
One of the key roles of any manager is controlling the operations under his authority, and the two main tools that a financial manager has to help him/her control the operations under his/her department are the financial controller (internal auditor) and the external auditor firm. In an ideal world, the financial controller should be enough to do this job, but in the real world, things can get complicated and it is always better to have a different point of view. There is always the possibility that the financial controller is not performing his/her job properly, and the external auditor will help us notice this flaws.