<span>The government is the primary agency responsible for drawing up
the budget.
</span>Government<span> is the
means by which state policy is enforced, as well as the mechanism for
determining the policy of the state. Forms of </span>government<span>, or forms of state governance, refers to the set of
political systems and institutions that make up the organization of a specific </span>government<span>.</span>
For me the two personal values its to bring Sarcastic Humor to the work place and Value to make hard descisions. Why are these things inportant? Well because If you bring comedy it boosts moral in the office and the ability to make hard desicions is useful to get a higher postion in your job.
payable = money owed by a company to its creditors
receivable = money owed to a company by its debtors.
Answer:
Receivables Turnover Ratio is 4
Explanation:
Computation of Average Receivables
Opening Receivables $ 40,000
Ending receivables <u>$ 60,000</u>
$ 100,000
Average receivables $ 50,000
Net Credit Sales $ 200,000
The Receivables Turnover ratio is calculated by dividing the Net Credit Sales by the Average Receivables.
Receivables Turnover Ratio = Net Credit Sales / Average Receivables
$ 200,000/ $ 50,000 = 4
Answer:
Value of stock = $47.99
Explanation:
<em>The price of a stock using the dividend valuation model is the present value of the the future dividend expected from the stock discounted at the required rate of return.</em>
Year Present Value
1 1.25× 1.15^1 × 1.095^(-1) =1.31
2 1.25× 1.15^2 × 1.095^(-2) = 1.38
3. 1.25× 1.15^3 × 1.095^(-3)= 1.45
Present value of Dividend in Year 4 and beyond
This will be done in two steps
Step 1
PV in year 3 terms
= Dividend in year 4× (1.06)/(0.095-0.06)
1.25× 1.15^3 × 1.06/(0.095-0.06)=57.57
PV in year 0 terms =
PV in year 3 × 1.095^(-3)
=57.5759 × 1.095^(-3)= 43.852
Value of stock = 1.3 + 1.38 + 1.45 + 43.852= $47.99
Value of stock = $47.99
