Jaja Limited just paid an annual dividend of $2.50 a share. The firm expects to increase this dividend by 8 percent per year for the following 4 years and then decrease the dividend growth to 3 percent annually thereafter. Which one of the following is the correct computation of the dividend for year 8?
($3) (1.08 x 4) (1.03 x 4)
($3) (1.08 x 4) (1.03 x 3)
($3) (1.03) ($3) (1.03) ($3) (1.03)

Answers

Answer 1

The correct computation of the dividend for year 8 can be calculated as follows: Dividend for Year 8 = Dividend for Year 4 × (1 + Growth Rate for Years 5-8)^4

Given that the dividend for Year 4 is $2.50 and the growth rate for Years 5-8 is 3% annually, we can substitute these values into the formula:

Dividend for Year 8 = $2.50 × (1 + 0.03)^4

Dividend for Year 8 = $2.50 × (1.03)^4

Dividend for Year 8 ≈ $2.50 × 1.1255

Dividend for Year 8 ≈ $2.81

Therefore, the correct computation of the dividend for year 8 is:

($3) (1.03)

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Related Questions

The concept of limited liability

Answers

Answer: Function, The function of the concept of limited liability is to provide the owners of businesses a way to protect their personal assets. For example, if a business is sued, the person seeking compensation cannot go after the personal property of the business' owners.

Types The concept of limited liability gives rise to a variety of different types of business organizations.These include corporations and limited liability companies, all of which are created by the laws of each of the 50 states.

Significance The concept of limited liability plays a significant role in commerce. Absent the concept of limited liability, individuals would shy away from investing in businesses of any type. The vast majority of individuals would not want to put their personal property at risk by becoming involved in a business enterprise.

Features The concept of limited liability restricts the amount of money a person risks to what she invests in a business enterprise

Exception Protections normally associated with the concept of limited liability can be set aside in certain situations. For example, if a business owner co-mingles personal and business assets -- in a common bank account, for example -- an individual with a claim against the business likely can seek compensation from some, if not all, of the business owner's personal assets.

Expert Assistance A business owner facing a situation in which another individual or business makes a claim against the business should seek legal assistance. A qualified attorney not only protects the interests of the business but works to ensure that the owner's personal assets do not end up in jeopardy.

Explanation:

An arrangement in which two people work the same position at a company on different days is known as

A. consulting

B. contracting

C. job sharing

D. telecommuting

Answers

Answer:

Explanation:

The correct answer is option C. Job sharing.


Job Sharing - In the job-share model, two employees split the burden of a single full-time position between them; they complete the same responsibilities on various days of the week.

spinning teacups, inc. provided the following information for 2016 and 2015: retained earnings, december 31, 2016 $76,000 retained earnings, december 31, 2015 80,000 note payable, december 31, 2016 42,000 note payable, december 31, 2015 49,000 net income—2016 64,000 no new loans were taken out during 2016. required: prepare the financing activities section of the statement of cash flows for 2016. cehgg

Answers

The financing activities section of the statement of cash flows for 2016 would be Financing Activities: Net income: $64,000, Decrease in retained earnings: $4,000, Decrease in note payable: $7,000

To prepare the financing activities section of the statement of cash flows for 2016, we need to consider the changes in retained earnings and note payable from December 31, 2015, to December 31, 2016.

Financing Activities:

Net income: $64,000

Decrease in retained earnings:

Retained earnings, December 31, 2015: $80,000

Retained earnings, December 31, 2016: $76,000

Decrease in retained earnings: $80,000 - $76,000 = $4,000

Decrease in note payable:

Note payable, December 31, 2015: $49,000

Note payable, December 31, 2016: $42,000

Decrease in note payable: $49,000 - $42,000 = $7,000

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What is the main idea lesson or message in the short story?

Answers

The main idea lesson or message in the short story: The theme of a story is what the author is trying to convey — in other words, the central idea of the story. Short stories often have just one theme, whereas novels usually have multiple themes.

The time period topic may be defined because of the underlying means of a message. it's far the message the writer is trying to carry via the story. regularly the theme of a tale is a huge message about existence. The subject matter of a story is vital because a story's subject matter is a part of the reason why the author wrote the story.

The main idea is the relevant factor or concept the writer wants to talk to readers about. the main idea solutions the query, “What does the author need me to know approximately the subject?” or “what's the author teaching me?” frequently the writer states the main idea in a single sentence.

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some of the information you can expect to find on a credit report.

Answers

Answer:

That will be the types of accounts for example, a credit card, mortgage, student loan, or vehicle loan, the date those accounts were opened, your credit limit or loan amount, account balances, and your payment history.

Explanation:

Hope this helped :)

The five situational influences that have an impact on the purchase decision process are ______. Multiple choice question. personal influences, the reference group, family, friends, and the Internet problem recognition, search, alternative evaluations, the decision process, and postpurchase behavior the purchase task, social surroundings, physical surroundings, temporal effects, and antecedent states habits, routines, problem solving, research, and delayed decisions

Answers

Answer:

the purchase task, social surroundings, physical surroundings, temporal effects, and antecedent states

Explanation:

Purchase decision can be regarded as thought process which gives a consumer leads starting from identification of a need to generating options, as well as choosing a specific product and brand. Some of this decision are minor such as buying of biscuits, other are major as seen in buying of houses. It is decision-making process that is been utilized by consumers as regards the market transactions before or during purchase as well as after the purchase of a good or service. It can be regarded as as particular type of a cost–benefit analysis when there is multiple alternatives. It should be noted that The five situational influences that have an impact on the purchase decision process are;

✓ antecedent states

✓the purchase task

✓physical surroundings

✓ temporal effects

✓social surroundings

These Situational influences can be regarded as temporary conditions which has effect on how buyers behave, in case whereby they

actually purchase your product, or do not buy, or buy additional products,

In circumstances in which there is a labor union, employees may have to

A. allow another person to negotiate their salary
B. increase production to reduce employer costs
C. learn new skills or face unemployment
D. relocate to find work that fits their skills

Answers

Answer:

The answer is A. allow another person to negotiate their salary.

Explanation:

Answer:

A

Explanation:

Just took the test

Match the following Teamwork Skills to their descriptions


1.
Cooperative


2.
Participates


3.
Flexible


4.
Committed


5.
Shares Openly

a.
You are willing to share ideas and knowledge
b.
You are involved in activities
c.
Works well with others
d.
You adapt to others' ideas
e.
You are responsible and dedicated

Answers

Answer:

See below

Explanation:

1.  Cooperative

Works well with others:  A cooperative person fits into teams easily. They willingly undertake tasks and requires no ''pushing'' to fulfill their obligations.

2.  Participates

You are involved in activities. It is getting involved in events, functions, or processes as opposed to spectating.

3.  Flexible

You adapt to others' ideas. A flexible person accepts and implements other people's ideas. They are not rigid and can work in different environments.

4.  Committed

You are responsible and dedicated. A committed individual shows enthusiasm and willingness to achieve the set goals

5.  Shares Openly

You are willing to share ideas and knowledge. One is not shy or mean in expressing their ideas and feeling with team members or third parties.

Superior corp. applies manufacturing overhead to production at 65% of direct labor cost. during the year ended 20xx, manufacturing overhead of $129,220 was applied to production; actual manufacturing overhead was $156,500. ending work in process inventory was $22,440 and ending finished goods inventory was $31,020. work in process inventory increased by 20% during the year and finished goods inventory increased by 10% during the year. unadjusted cost of goods sold was $574,300. complete the following schedule:

Answers

Direct Labor Cost = $198,800

Beginning finished goods inventory = $28,200

Overhead = $27,280

COGM = $577,120

Current Manufacturing Cost = $249,100

Adjusted Cost of goods sold = $601,580

Working Notes:

(i) Direct labor cost = Overhead applied / direct labor cost applied to overhead as a percentage

Direct Labor Cost = 129220 / 0.65

Direct Labor Cost = $198,800

(ii) Beginning work in process = Ending WIP / (1 + percent increase)

Beginning WIP = 22440 / (1 + 0.20) = 22440 / 1.20

Beginning WIP = $18,700

Beginning finished goods inventory = 31020 / (1 + 0.10) = 31020 / 1.10

Beginning finished goods inventory = $28,200

(iii) Underapplied / Overapplied overhead = Actual OH - applied OH

Overhead = 156500 - 129220

Overhead = $27,280

(iv) Cost of Goods manufactured = Cost of products sold without adjustment + Ending finished goods inventory - Beginning Finished goods inventory

COGM = 574300 + 31020 - 28200

COGM = $577,120

(v) Current manufacturing cost =  cost of goods manufactured + Ending WIP - Beginning WIP

Current Manufacturing Cost = 577120 + 22440 - 18700

Current Manufacturing Cost = $580,860

(vi) Direct material used = Current manufacturing cost - direct labor -overhead applied

Direct Material = 599560 - 198800 - 129220

Direct Material = $252,840

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Superior corp. applies manufacturing overhead to production at 65% of direct labor cost. during the year

Credit unions lend money to qualified people who are Select one: O a. policyholders. O b. participants. O C. stockholders. O d.ow hers. O e, previous borrowers.

Answers

Credit unions lend money to the qualified people who are stockholders.

What is a credit union?

A credit union is a type of financial institution similar to a commercial bank that is a member-owned nonprofit financial cooperative. In general, credit unions give their members access to financial services such deposit accounts, credit extensions, and other financial services that are comparable to those provided by retail banks. Credit union systems exist all throughout the world, ranging from volunteer groups with a few members to organizations with hundreds of thousands of members and assets totaling billions of US dollars. Prior to the financial crisis of 2007–2008, commercial banks made around five times as much subprime lending as credit unions did, and they were 2.5 times more likely to fail during the crisis.

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for human services pleaseeeeeeeeeeee help <3

for human services pleaseeeeeeeeeeee help &lt;3

Answers

Answer:

gghddhshdjshsjgsgsgshsnssmad

reviewers are largely supportive of the increased push to have people pre order video games

A- true
B- false

Answers

Answer:

False

Explanation:

Reviewers resist the pre-order movement because it circumvents their role in the marketing process.

All of the following are key organizational data in the fulfillment process except Purchasing organization Distribution Channel Storage location Sales organization

Answers

All of the following are key organizational data in the fulfillment process except Storage location. Thus option (C) is correct.

What is a Organizational data?

Organizational data describes an institution's key traits, internal structures and procedures and corporate players' actions in various socio-economic circumstances.

Data organization is the act of sorting relevant data into several categories and structuring them. The samples of the categories are part of this raw data. One example of data structuring is the arrangement of student grades across several disciplines.

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RWJ 6-3 Josephine is studying for FRL 3000 Exam, help her decide which compounding period produces the highest present value given a stated annual interest rate and a future value?
Group of answer choices
a.Monthly
b.Annual
c.Semi-annual
d.Weekly

Answers

If josephine wants to maximize the present value, she should choose a compounding period of "daily" if it is available.

the compounding period that produces the highest present value given a stated annual interest rate and a future value is "daily".

the more frequently compounding occurs, the higher the present value will be. in this case, the given s are monthly, annual, semi-annual, and weekly. however, none of these s represent compounding on a daily basis.

compounding daily would result in the highest present value compared to the given s. daily compounding allows for the interest to be calculated and added to the account balance more frequently, resulting in a higher accumulation of interest over time.

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Which type of business organisation is the most suitable for a large electronics
manufacturer?
A. partnership
B. private limited company
C. public limited company
D. sole trader

Answers

Answer:

C. public limited company

Explanation:

A public limited company is a business ownership structure that provides a legal distinction between the business and its owners.  The company is a legal person with the right to do business, acquire assets or incur liabilities. Unlike a private limited company,  public limited company shares trade with ease at the stock exchange.

Due to their listing in the stock exchange,  public limited companies can raise capital with much ease. The corporation only needs to comply with the regulation of the stock market to raise more finances. Public limited compies are suited for large organizations that require huge capital to finance their operations and expansions.

when should an event programing be used

Answers

Answer:

The utilization of the given topic is summarized throughout the below section.

Explanation:

Event-driven programming language shall be used if the software doesn't somehow monitor the sequential order of such occurrence.The software circulation or activity was mostly directly guided to an external mechanism like a consumer or client (e.g. a GUI), a whole other method (e.g. a customer or a server).

Near the end of 2010, the ledger of Stivers Company included the following accounts and balances: Allowance for Doubtful Accounts$ 1,000credit balance Bad Debt Expense 0balance Accounts Receivable 200,000 debit balance Cash collections on accounts receivable during 2010 amounted to $450,000. Sales revenue during 2010 amounted to $800,000, of which 75% was on credit, and it was estimated that 2% of the credit sales made in 2010 would ultimately become uncollectible. Before adjusting entries were made for 2010, a $10,000 account was determined to be uncollectible and written off by Stivers. In the adjustment process, Bad Debt Expense was recorded to 2010. This information is not reflected in the account balances above.After the above entries were posted to the ledger, calculate the balances of the Allowance for Doubtful Accounts, Bad Debt Expense and Accounts Receivable. Indicate whether the balance is a debit or a credit.

Answers

Answer and Explanation:

The computation of the balances of the Allowance for Doubtful Accounts, Bad Debt Expense and Accounts Receivable is shown below;

For Accounts receivable  

a) Opening balance $200,000 Debit balance

b) Current year credit sales (75% of $800,000) $600,000 Debit balance

c) (-) Current collection from accounts receivables -$450,000 Credit balance

d) (-) Bad debt expenses -$11,000 Credit balance

e) Closing balance of accounts receivables $339,000 Debit balance

for Allowance for Doubtful Accounts  

Allowance required as per Current year analysis (2% of (75% of $800,000) $12,000 Credit balance

(-) Opening balance $1,000 Credit balance

$11,000 Credit balance

The journal entry is  

Bad debt expense a/c …Dr   11000  

      To Allowance for Doubtful Accounts 11000  

The Closing balance of Allowance for Doubtful Accounts 12000 Credit balance

For Bad debt expenses  

The journal entry is    

Bad debt expense a/c …Dr   11000  

      To Allowance for Doubtful Accounts 11000  

The Closing balance of Bad debt expense account 0

What type of loan uses real estate for security?
A point of sale
A line of credit
. A disclaimer (it’s not disclaimer)
A second mortgage

Answers

Answer:

A second mortgage loan uses real estate for security

Tax and spending decisions made by the president and Congress.

fiscal policy
fiscal period
fiscal expenses

Answers

Any tax and spending decisions made by the president and Congress is known as a fiscal policy.

What is a fiscal policy?

In economics, a fiscal policy refers to those policy that are used by governments to stabilize the economy, most specifically, by manipulating  allocations of taxes and government expenditures. These policies are used in tandem with monetary policy to achieve certain goals.

In an overview, the goals of both fiscal and monetary policy are to maintain full employment, high rate of economic growth and stabilize prices and wages. Therefore, the tax and spending decisions made by the president and Congress is known as a fiscal policy.

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in most experiments, trade-offs are made between validities because it is not possible to achieve all four at once. what is the most common trade off?

Answers

Increased internal validity results in decreased external validity.

When reading about other studies and planning your own, it's a good idea to keep these four major validity considerations in mind: internal, external, construct, and statistical.

When internal validity is improved, external validity frequently suffers, and vice versa. Your choice of study type represents the main objectives of your investigation. An artificial lab environment or the real world can both be used to evaluate a causal link.

It is very challenging to design a study that simultaneously fulfils all four validities. Sometimes, researchers merely concentrate on their priorities and do not even attempt to fulfil all four validities.

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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must

Answers

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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How is it best to get rid of information you receive in the mail?
A Tear the mail in half and place each half in a different trash bag

B Just throw it way, thieves don't dig through trash

C Use a shredder before placing it in the trash

D Mark out all personal information with a marker

Answers

C is the correct answer.
The answer would be C. Using a shredder makes it harder for thieves to understand the information.

Which business letter feature is found at the top of the page?

Answers

answer:

Letter head

Explanation:

typically has the companies logo at the top of the page

Jim asked Gina if she wanted a contemporary or traditional style couch. Why was that the wrong question to ask?
a) He should have been able to tell Gina's tastes from the way she dressed.
b) He limited Gina's choices before she had really considered them.
c) He made Gina feel like she did not have good taste in furniture.

Answers

Answer:

B

Explanation:

reasons for bank faliure​

Answers

Answer:

an imbalance of risk versus return,

failure to diversify,

offering products and services that management doesn't fully understand, and.

poor management of risks.

Explanation:

mark brainleist plz

the value of the bank's assets falls to below the market value of the bank's liabilities

Parker is the in-charge auditor for the upcoming annual audit of FGH Company, a continuing audit client. Parker will supervise two assistants on the engagement and will visit the entity before the fieldwork begins.
Parker has completed the engagement letter and established an understanding with the Chief Internal Auditor on the assistance to be provided by the internal audit function.
Which of the following activities should be considered as preliminary engagement and planning activities? (Select all that apply.)
Check All That Apply
Reading the current year's interim financial statements.
Discussing the scope of the examination with management of the client.
Establishing the timing of the audit work.
Arranging with the client for adequate working space.
Coordinating the assistance of client personnel in data preparation.
Establishing and coordinating staffing requirements, including time budget.
Holding a brainstorming meeting with assistants assigned to the engagement and discussing possible fraud-related issues.
Determining the extent of involvement, if any, of consultants, specialists, and internal auditors.
Considering the effects of applicable accounting and auditing pronouncements, particularly recent ones.
Preparing documentation setting forth the preliminary audit plan.
Establish overall materiality and tolerable misstatement.
Making a preliminary assessment about control risk.
Updating the prior year's written audit program and possibly developing new procedures as warranted by changes in the business.
Checking the mathematical accuracy of the company's prior year bank statements.
Making the final determination of control risk.
Communicating the established preliminary materiality level to management.
Communicating with the client's customers regarding the correct valuation of accounts receivable.
Writing a rough draft of the audit opinion based on the preliminary assessment.

Answers

The fοllοwing are suggestiοns fοr preliminary engagement and planning activities: examining the interim financial statements fοr the current year.

Discussing the examinatiοn's scοpe with the client's management.Mοre: deciding when the audit wοrk will be dοne.

Audit: What is it?  

An audit is an independent examinatiοn οf an οrganizatiοn's financial infοrmatiοn tο ensure that it is accurate and fair. It is a methοdical and independent examinatiοn οf an οrganizatiοn's οperatiοns, perfοrmance, financial statements, and recοrds.

In οrder tο guarantee that the audit prοcedure is carried οut in an effective and efficient manner, preliminary engagement and planning activities are crucial. This includes reading the interim financial statements fοr the current year, discussing the scοpe οf the examinatiοn with the client's management, determining the timing οf the audit wοrk, arranging fοr adequate wοrking space with the client, and cοοrdinating the assistance οf client staff in data preparatiοn. Impοrtant activities include infοrming management οf the established preliminary materiality level and infοrming custοmers οf the client οf the cοrrect valuatiοn οf accοunts receivable.

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If you were starting a new business, describe at least three departments to the company that you would need right away. Why are these departments so important? (1-5 sentences. 3.0 points)

Answers

Answer:

I would need a computer and then a laptop to work fast as I can and that will make me get more money

Answer:

f I were to start a new business, the three departments that I would need right away are the production department, a sales and marketing department, and a finance department. A production department would be necessary as I would require a product or service to offer the market. A sales and marketing department would also be necessary, because I would need to sell this products in order to make money. A finance department would be necessary to manage the financial resources of the company.

Explanation:

Stacy wants to teach 3rd graders in a public school she just finished her bachelor's degree in education what is he required to obtain before he starts work

Answers

Answer:

The first thing that Stacy needs to get is teacher certification.

Explanation:

State governments are the ones in charge of certificating teachers, in other words, depending on the state, a person is required to pass a test or tests that enables them to teach. It is like obtaining a license for teaching, except that teachers obtain it only once.

He said," I don't like you" change in indirect speech​

Answers

Answer:

whether'.

Explanation:

according to the text the renaissance period was known as

Answers

The Renaissance period was known as a time of great artistic and intellectual achievement. The term "Renaissance" means "rebirth" in French.

The period began in the 14th century and lasted until the 17th century. It was characterized by a renewed interest in ancient Greek and Roman culture and a shift towards human-centered approaches to art, literature, science, and politics. The Renaissance period was a time of great change in Europe. During this time, people began to question traditional ways of thinking and looked to ancient cultures for inspiration. This period was marked by the growth of trade and commerce, as well as the rise of powerful city-states like Venice and Florence. Artists and writers flourished during this time, producing some of the most important works in human history. The Renaissance period was also marked by scientific and technological advancements, including the development of the printing press, which allowed for the mass production of books.

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Final answer:

The Renaissance was a period of intellectual and artistic renewal inspired by ancient Greece and Rome. It started in northern Italy and led to a revitalization of literature, art, and philosophy.

Explanation:

The Renaissance period was known as the 'rebirth' of intellectual and artistic pursuits influenced by the cultural achievements of ancient Greece and Rome. It started in the city-states of northern Italy in the 1300s and was characterized by a renewed interest in the works of Western antiquity. Scholars such as Petrarch advocated for the adoption of 'pure' Classical Latin and the emulation of ancient Roman poets and orators, leading to a revitalization of literature, art, and philosophy.

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How can tangent be seen geometrically in the unit circle? What is the limit for CME corn? 5x + 3 - 2x3Need answer soon - La siguiente tabla, expone cmo desciende la temperatura (T) del aire con la altitud(h): Temperatura (C) 15 13,5 12 10,5 9 Altitud (m) 0 250 500 750 1000 Dado que la relacin entre altura y temperatura viene dada por la siguiente frmula: T=k*h+To Representa grficamente los datos de la tabla y calcula To, que es la temperatura inicial (a una altitud de 0), y el valor de la constante k (pista k An 8.25 L sample of oxygen is collected at 25C and 1.022 atm pressure. What volume will the gas occupy .940 atm and -15C?Select one:a.8.76 Lb.7.77 Lc.10.4 Ld.5.00 L A persons individual style and frequency of expressing needs and emotions is referred to as his ________ and is originally biologically and genetically based What is a short summary of the Raven? very confused with this city planners strive to reach all of the following goals except which one? Direct Measurement Method Mass (g) Magnet 25 05 Length (cm) Width (cm) Height (cm) Volume (cm) Density (g/cm) 05 _________________ alludes to seasons that can convey wonderful layers of sensory information. a. character appearance b. time of day c. elapsed d. time of year what is the concentration of a solution, in parts per million, if 3.064 g of NaCl is dissolved in 1159.36 g of solution What type of reaction occurs without the addition of heat? The area of this rectangle is 132 square units.h = 11What is the base of the reangle?Please help begging u .. How does Whitman fit into the notion of being "uniquely American" in his expressions of "self" and Transcendental philosophies? A diploid individual with two identical alleles for a particular gene is said to be:. write a function ispalindrome(s) which takes a string s as input, and returns true if the string is a palindrome, and false otherwise. solve (5 +x) + 0 = 5 + Answer 2 and 3. Ill give Brainlyest and a lot of points. The 2020 balance sheet of Osaka's Tennis Shop, Incorporated, showed long-term debt of $5.9 million, and the 2021 balance sheet showed long-term debt of $6.1 million. The 2021 income statement showed an interest expense of $200,000. During 2021, the company had a cash flow to creditors of $0 and the cash flow to stockholders for the year was $80,000. Suppose you also know that the firm's net capital spending for 2021 was $1.44 million and that the firm reduced its net working capital investment by $83,000. What was the firm's 2021 operating cash flow, or OCF? (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)