Answer:
✓Batch processing accumulates source documents for a period of time and then processes them all at once.
✓ Online processing enters and processes data as soon as source documents are available.
✓An advantage of online processing is timeliness.
✓ Accounting systems differ with regard to how input is entered and processed.
Explanation:
.
The data processing can be regarded as process which involves set of operations that helps in transforming data to useful information. This encompass Collection of data, sorting of data to suitable format, entry of data. In accounting this process could involve recording, as well posting/closing steps which are required in the journals and ledgers. It should be noted that data processing in accounting can be described as;
✓Batch processing accumulates source documents for a period of time and then processes them all at once.
✓ Online processing enters and processes data as soon as source documents are available.
✓An advantage of online processing is timeliness.
✓ Accounting systems differ with regard to how input is entered and processed.
Answer:
The required rate of return is 7.20%
Explanation:
The price of a share that pays a particular dividend amount in perpetuity is given by the below formula:
price of share=dividend/required rate of return
price of share is $91.00 per share
dividend payable in perpetuity is $6.55
required rate of return is unknown
$91=$6.55/required rate of return
required rate of return =$6.55/$91
=7.20%
to confirm the required of return,I divided the by the required rate of return as shown below:
6.55/0.0.72=$90.97 .approximately $91
That is a way to validate the computed required rate of return
Answer:
Tell her that it will take a very long time
Explanation:
