If a stock pays a constant annual dividend then the stock can be valued using the: Multiple Choice fixed coupon bond present value formula. present value of an annuity due formula. payout ratio formula. present value of an ordinary annuity formula. perpetuity present value formula.

Presented below is information for annie company for the month of march 2018. cost of goods sold $245,000 rent expense $ 36,000 freight-out 7,000 sales discounts 8,000 insurance expense 5,000 sales returns and allowances 11,000 salaries and wages expense 63,000 sales revenue 410,000 instructions prepare the income statement.

Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.

Why does the downward-sloping production possibilities curve imply that factors of production are scarce?