An arena receives $1,000 per event for 16 concerts. If the administrative costs for this sponsorship total $12,000, what is the

Answer:

c. innovators.

Explanation:

• Armando a technology enthusiast is often willing to pay premium prices to the gadgets that are new and belong to the groups of the people that are called as innovators. And they try to find new in everything and they are the early adopters and are focused in the new and advanced levels of technology. This they always likely to be updated and are fast learners.

Answer:

_________________________________________________________________________________________________________________________________________________________-h___________________________________________________________so the only possible answer would be_______________________________

Explanation:

hope this helps❤️

Answer:

the journal entry to record the signing of the lease agreement:

December 31, 2019, lease agreement signed

• Dr Right of use 493,506
•     Cr Lease liability 493,506

the lease liability must record the present value of the 10 annual lease payments: $68,099 and 8% discount rate:

present value of an annuity due = payment + {payment x [1 - (1 + r)⁻⁽ⁿ⁻¹⁾]/r}

• payment = 68,099
• r = 8%
• n - 1 = 10 - 1 = 9

PV annuity due = 68,099 + {68,099 x [1 - (1 + 0.08)⁹]/0.08} = 68,099 + 425,407 = $493,506

the journal entries to record the annual lease payments:

December 31, 2019, annual lease payment

• Dr Lease liability 68,099
•     Cr Cash 68,099

December 31, 2020, annual lease payment

• Dr Lease liability 34,066
• Dr Interest expense 34,033
•     Cr Cash 68,099

interest expense = ($493,506 - $68,099) x 8% = $34,033

December 31, 2020, depreciation expense

• Dr Depreciation expense - leased building 49,351
•     Cr Accumulated depreciation - leased building 49,351

December 31, 2021, annual lease payment

• Dr Lease liability 31,307
• Dr Interest expense 36,792
•     Cr Cash 68,099

interest expense = ($425,407 - $34,066) x 8% = $31,307

December 31, 2021, depreciation expense

• Dr Depreciation expense - leased building 49,351
•     Cr Accumulated depreciation - leased building 49,351

Someone could make $30 an hour be less satisfied with his pay than someone making $15 an hour and be less motivated as a result of the equity theory. This is grounded in the notion that persons are encouraged by equality, and if they classify inequities in the output or input relations of themselves and their referent group, they will try to find to alter their input to grasp their professed equity.

Answer:

$66.47

Explanation:

For computation of current value of stock first we need to follow some steps which is shown below:-

Present value of dividend of next 5 years

Year   Dividend    Discount factor    Present value

a              b               c = 1.085^-a           d = b × c

1             $1.62          0.921659              $1.49

2             $1.74         0.849455              $1.48

3            $1.86          0.782908             $1.46

4            $1.98           0.721574             $1.43

5            $2.10           0.665045           $1.40

Total                                                      $7.25

Present value after 5 years = D5 × (1 + g) ÷ (Ke - g) × DF5

= $2.10  × (1 + 6%) ÷ (8.50% - 6%) × 0.665045

= $59.22

as

D5 indicates Dividend of year 5 = $2.10

g = Growth rate = 6%

Ke = Required return = 8.50%

DF5 Discount factor of year 5 = 1.085^-5 = 0.665045

Current value of stock = Present value of dividends

= $7.25 + $59.22

= $66.47