Answer:
P0 = $27.4044 rounded off to $27.40
Explanation:
The constant growth model of dividend discount model (DDM) can be used to calculate the price of the stock today. DDM calculates the price of a stock based on the present value of the expected future dividends from the stock. The formula for price today under constant growth DDM is,
P0 = D0 * (1+g) / (r - g)
Where,
D0 * (1+g) is the dividend expected in Year 1 or next year g is the constant growth rate in dividends r is the discount rate or required rate of return
To calculate the price of the stock today, we firsts need to calculate the price of the stock in year 15 and discount it back to today's value.
As we can see that to calculate the price of the stock today, we use dividend that is expected for the next period or Year 1. Thus to calculate the price of the stock in Year 15, we will use the dividend that will be expected in Year 16.
P15 = D15 * (1+g) / (r - g)
P15 = 10 * (1+0.05) / (0.12 - 0.05)
P15 = $150 per share
To calculate the price of this stock today, we must discount the Year 15 price to today's price.
P0 = P15 / (1+r)^15
P0 = 150 / (1+0.12)^15
P0 = $27.4044 rounded off to $27.40
Which environmental force did Unibic use in segmenting its market? What is this force about?
going home from my phone number I was so I could go back and I don't know how much we are not to mention to get to see you have been trying my
One of the departments at Yolo Industries has entered into a 9 year lease for a piece of equipment. The annual payment under the lease will be $3,800, with payments being made at the beginning of each year. If the discount rate is 12%, the present value of the lease payments is closest to (Ignore income taxes.): Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided.
Answer:
PV= $22,677.03
Explanation:
Giving the following formula:
Number of periods (n)= 9 years
Annual payment (A)= $3,800
Discount rate (i)= 12%
First, we will calculate the future value of the payments using the following formula:
FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}
FV= {3,800*[(1.12^9) - 1]} / 0.12 + {[3,800*(1.12^9)] - 3,800}
FV= 56,147.49 + 6,737.7
FV= $62,885.19
Now, the present value:
PV= FV / (1 + i)^n
PV= 62,885.19 / (1.12^9)
PV= $22,677.03
Plz solve its timed!!!!
Answer:
A partner deliberately and consistently commits breach of agreements relating to the management of the firm.
Explanation:
The partnership can be dissolved if the partner has breached the agreements that are related to the management of business affairs.
\AllCity, Inc., is financed 40% with debt, 8% with preferred stock, and 52% with common stock. Its cost of debt is 5.7%, its preferred stock pays an annual dividend of $2.49 and is priced at $30. It has an equity beta of 1.15. Assume the risk-free rate is 1.7%, the market risk premium is 7.3% andAllCity's tax rate is 35%. What is its after-tax WACC? [Note: Assume that the firm will always be able to utilize its full interest tax shield.]
Answer:
WACC = 6.38%
Explanation:
Cost of equity = 1.7% + (1.15 x 5.6%) = 8.14%
Weight of equity = 52%
After tax cost of debt = 5.7% x (1 - 35%) = 3.705%
Weight of debt = 40%
Cost of preferred stock = $2.49 / $30 = 8.3%
Weight of preferred stock = 8%
WACC = (8.14% x 0.52) + (3.705% x 0.4) + (8.3% x 0.08) = 6.3788% ≈ 6.38%
Suppose that the residents of Greenland play golf incessantly. In fact, golf is the only thing they spend their money on. They buy golf balls, clubs, and tees. In 2019, they bought 1,000 golf balls for $2.00 each, 100 clubs for $50.00 each, and 500 tees for $0.10 each. In 2020, they bought 1,000 golf balls for $2.50 each, 100 clubs for $75.00 each, and 500 tees for $0.12 each. What was the CPI for each year
Answer:
CPI in 2020 =142.7
CPI in 2019 = 100
Explanation:
Inflation is the increase in the general price level. Inflation erodes the value of money.
Consumer Price Index(CPI ): This is the weighted average price of a basket of goods and services consumed by a typical consumer. It is used to measure the rate of inflation.
The increase in the CPI is taken to be the rate of inflation. For example, the CPI rose to 1.09 from 1.00, this implies an inflation rate of 9% within the time period in focus.
The CPI =
The price of a basket of goods in a current year ÷ Divided by the price of a basket of goods in a base year
The consumer price
CPI in 2019 = (1000× $2) + (100× $50) + ( 500× $$0.10)= 7050
CPI in 2020= (1000× $2.50) + (100× $75) + ( 500× $$0.12)=10,060
CPI in 2020 = 10,060/7050× 100 =142.7
CPI in 2019 = 100
CPI in 2020 =142.7
CPI in 2019 = 100
Note , we assume the CPI for 2019 is 100, since we were not provided with data to compute the price of a basket of good in 2018
Harold Reese must choose between two bonds: Bond X pays $82 annual interest and has a market value of $710. It has 10 years to maturity. Bond Z pays $88 annual interest and has a market value of $750. It has five years to maturity. Assume the par value of the bonds is $1,000.
a. Compute the current yield on both bonds.
b. Which bond should he select based on your answers to part a?
c. A drawback of current yield is that it does not consider the total life of the bond. For example, the approximate yield to maturity on Bond X is 13.44 percent. What is the approximate yield to maturity on Bond Z? The exact yield to maturity?
Answer:
a) For Bond X = 11.55%
For Bond Z = 11.73 %
b) Bond Z
c) Approximate YTM = 15.77%
Exact yield to maturity = 16.53 %
Explanation:
Bond X : pays $82 annual interest , market value = $710 and years to maturity =10
Bond Z: pays $88 annual interest, market value = $750 , Years to maturity= 5
par value of bonds = $1000
a) Current yield on both bonds
For Bond X : annual interest / market value = 82 / 710 = 11.55%
For Bond Z : Annual interest / market value = 88 / 750 = 11.73%
b) The Bond that should be selected = Bond Z
C) Calculate the approximate yield to maturity on Bond Z and exact yield to maturity
i) Yield to maturity on Bond Z
[C + (Par Value - Current Value) / n] / (Par Value + Current Value) / 2
where: C = 88 , par value = 1000, Current value = $750, n = 2
∴ YTM on Bond Z = 0.1577 = 15.77%
ii) Exact yield to maturity = 16.53 %
Suppose a less developed country is having difficulty making payments on its foreign debts. What option does this nation have?
Targ
It can ask its lenders for more loans in exchange for accepting a foreign portfolio investment from the World Bank.
It can ask its lenders to forego the payments until the economy of the debtor nation is stronger.
It can ask its lenders to forgive the loans in exchange for accepting temporary control by the lender nation.
It can ask its lenders for debt rescheduling in exchange for accepting a stabilization program from the IMF.
Answer:
it can ask its lenders for dept resceduling in exchange for accepting a stabilization program from the IMF
Explanation:
gradpoint
Kacchan whats a Bakudeku?????
Answer:
It's a ship between two boys Izuku Midoriya and Bakugou Katsuki GAYYYYYYYYYY anyways i support and have you watched season 5 yet
Explanation:
The ship of Izuku Midoriya x Katsuki Bakugo. It’s also referred to as Katsudeku.
(This is one of the best ships in the whole anime imo, I fully support it)
Help! Will give brainliest to the first correct answer!
Answer:
1. Four years college degree
2. An on job training experience
3. an endorsement from a professional, nongovernment organization
4. 2 year college degree
5. Earned after masters or bachelors degree
Explanation:
Hope that helps
You have been hired by KOKO MESSIAH GROUP to lead its local and international expansion efforts. Considering that KOKO MESSIAH GROUP already has products which its markets on a small scale locally, it has become imperative that it makes additions to its current product variants, as well as promote these new and existing products in markets other than its existing markets. Propose four relevant strategies and the key marketing mix decisions you have to make in achieving its expansion objectives.
Answer:
Explanation:
The marketing mix is the set of controllable, tactical marketing tools that a company uses to produce a desired response from its target market. It consists of everything that a company can do to influence demand for its product. It is also a tool to help marketing planning and execution.
The four Ps of marketing: product, price, place and promotion
The marketing mix can be divided into four groups of variables commonly known as the four Ps:
Product: The goods and/or services offered by a company to its customers.
Price: The amount of money paid by customers to purchase the product.
Place (or distribution): The activities that make the product available to consumers.
Promotion: The activities that communicate the product’s features and benefits and persuade customers to purchase the product.
Marketing tools
Each of the four Ps has its own tools to contribute to the marketing mix:
Product: variety, quality, design, features, brand name, packaging, services
Price: list price, discounts, allowance, payment period, credit terms
Place: channels, coverage, assortments, locations, inventory, transportation, logistics
Promotion: advertising, personal selling, sales promotion, public relations
Marketing strategy
An effective marketing strategy combines the 4 Ps of the marketing mix. It is designed to meet the company’s marketing objectives by providing its customers with value.
The 4 Ps of the marketing mix are related, and combine to establish the product’s position within its target markets.
In the Assembly Department of Concord Company, budgeted and actual manufacturing overhead costs for the month of April 2020 were as follows. Budget Actual Indirect materials $15,700 $15,100 Indirect labor 21,900 22,500 Utilities 10,100 10,900 Supervision 5,900 5,900 All costs are controllable by the department manager. Prepare a responsibility report for April for the cost center.
Answer: See explanation
Explanation:
The responsibility report for April for the cost center is analysed below:
CONCORD COMPANY
Manufacturing Overhead Cost Responsibility Report For the Month Ended April 30, 2020
Controllable Cost Budget Actual.
Difference
Indirect materials $15,700 $15,100 $600 Favorable
Indirect labor 21,900 22,500 600 Unfavorable
Utilities 10,100 10,900 800 Unfavorable
Supervision 5,900 5,900 0
Problem 10-39 (LO. 2, 3, 4, 5, 6, 7) Linda, who files as a single taxpayer, had AGI of $280,000 for 2020. She incurred the following expenses and losses during the year: Medical expenses (before the 7.5%-of-AGI limitation) $33,000 State and local income taxes 4,800 State sales tax 1,300 Real estate taxes 6,000 Home mortgage interest 5,000 Automobile loan interest 750 Credit card interest 1,000 Charitable contributions 7,000 Casualty loss (before 10% limitation but after $100 floor; not in a Federally declared disaster area) 34,000 Unreimbursed employee business expenses 7,600 Calculate Linda's allowable itemized deductions for the year. $fill in the blank 1 .
Answer: $34,000
Explanation:
As of the Tax Cuts and Jobs Act of 2017, Unreimbursed employee business expenses and Casualty loss can no longer be deducted.
Linda's itemized deductions are:
= Medical expenses + State and local taxes + Home mortgage interest + Charitable contributions.
Medical expenses after 7.5% of AGI limitation:
= 33,000 - (7.5% * 280,000)
= $12,000
State and local taxes have a maximum deduction of $10,000.
Linda's allowable itemized deductions for the year:
= 12,000 + 10,000 + 5,000 + 7,000
= $34,000
Flexible Budget for Assembly Department Steelcase Inc. (SCS) is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it assembles filing cabinets in an Assembly Department. Assume the following information for the Assembly Department: Direct labor per filing cabinet 18 minutes Supervisor salaries $250,000 per month Depreciation $18,500 per month Direct labor rate $28 per hour Prepare a flexible budget for 70,000, 80,000, and 90,000 filing cabinets for the month ending February 28 in the Assembly Department, similar to Exhibit 5.
Answer:
Results are below.
Explanation:
Giving the following formula:
Direct labor per filing cabinet= 18/60= 0.3
Direct labor rate $28 per hour
The supervisor salary and depreciation will remain constant, we will not take them into account.
70,000 units:
Direct labor hours= (0.3*70,000)= 21,000
Direct labor cost= 21,000*28= $588,000
80,000 units:
Direct labor hours= (0.3*80,000)= 24,000
Direct labor cost= 24,000*28= $672,000
90,000 units:
Direct labor hours= (0.3*90,000)= 27,000
Direct labor cost= 27,000*28= $756,000
An accountant's ability to audit a company's records is an example of what type of skills?
Answer:
technical skills
An accountant's ability to audit a company's records is an example of what type of skills? technical skills. Camille Graham is a manager who works well with people and makes them feel excited about their work.
Explanation:
Hope it helps! Correct me if I am wrong!
I'm sure about my answer!
If you dont mind can you please mark me as brainlest?
Its ok if you don't want to!
But i hopefully it helps you!
Toyota is a Japanese company. Would a Toyota factory in Atlanta count as part of the United States' GDP? Why or why not?
Answer:
yes and because atlanta is in georgia united states
2. NEIU Company has no beginning and ending inventories, and reports the following information for its only product: Direct materials used $125,000 Direct labor $100,000 Fixed indirect manufacturing $75,000 Variable indirect manufacturing $25,000 Variable selling and administrative $50,000 Fixed selling and administrative $25,000 Units produced and sold 25,000 NEIU Company uses the absorption approach to prepare the income statement. What is the product cost per unit
Answer:
Product cost per unit = $13
Explanation:
Absorption costing values units of inventory and production using full cost per unit. Full cost per unit includes variable cost and a portion of fixed production overheads. The fixed production overhead are charged to cost units using predetermined overhead absorption rate.
The full cost per unit = D.mat cost + D.labour cost + Variable overheads+ Fixed overheads.
Total full absorption cost = 125,000 + 100,000 + 75,000 + 25,000=325,000
Full cost per unit = Total full absorption cost/Number of units
= 325,000/25,000 =$13
Note that we excluded non- production cost like selling and administrative from the computation because they are not related to production
Product cost per unit = $13
what gives rise to the problem of scarcity
Answer:
Explanation:
Often scarcity is caused by a combination of demand and supply induced effects. A rise in demand, e.g. due to rising population causes overcrowding and population migration to other fragile ecological areas
The Einstein Bagel Corp. offers a frequent buyer program whereby a consumer receives a stamp each time she purchases one dozen bagels for $5. After a consumer accrued 10 stamps, she receives one dozen bagels free. This offer is an unlimited offer, valid throughout the year. The manager knows her products are normal goods. Given this information, construct the budget set for a consumer who has $150 to spend on bagels and other goods throughout the year. Does Einstein’s frequent buyer program have the same effect on the consumption of its bagels that would occur if it simply lowered the price of one dozen bagels by 3 percent? Explain.
Tidewater, Inc., requires its job applicants to take a test that measures their vocabulary and numerical skills. For specific jobs, the company also requires its applicants to perform a sample of the job. Before implementing the tests, the management analyzes how well the test actually correlates and predicts job performance. When Tidewater needed to downsize, the company helped employees who were laid off to get placed in other organizations, and immediate supervisors talked to the employees about the reasons for their dismissal. When the job applicants for specific jobs are asked to execute a sample of the job, the company is utilizing a(n) ________ test.
Answer: performance
Explanation:
When the job applicants for specific jobs are told to perform a sample of the job, this implies that the company is using a performance test.
Performance test simply refers to a test that requires the individuals partaking in it to perform an activity using their skills, ability and knowledge.
Jack wants to build a business with a 42-foot sign on the top of his building. He believes that the sign will generate a lot of business. The city has an ordinance which limits the size of the sign to 30 feet and requires that it be on a sign post, independent of other structures. Jack's attorney tells Jack he had better check with the city before he builds anything. What can Jack do about the sign issue?
Which of the following is a purpose for documentation of report data? Check all that apply. To include good data from reputable sources. To borrow ideas without giving credit. To keep you honest. To convince readers of your credibility and the logic or your reasoning.
Answer:
I. To include good data from reputable sources.
II. To convince readers of your credibility and the logic or your reasoning.
Explanation:
An information source can be defined as a system or medium through which informations, knowledge and ideas may be gotten and used by an individual. An information source can either be a primary or secondary source of information. The source options for informations are television, radio, web, newspapers, journals, magazines etc.
Furthermore, it is very important to document these informations.
The purpose for documentation of report data include the following;
I. To include good data from reputable sources.
II. To convince readers of your credibility and the logic or your reasoning.
Documentation is the evidence supplied for information and ideas borrowed from others in a report or research paper. Options I and II or (a) and (b) are the correct answers for documentation of reporting data.
What is the purpose of documentation of report data?An information source is a system or medium via which an individual can obtain and use information, knowledge, and ideas.
A primary or secondary source of information can be referred to as an information source.
Television, radio, the internet, newspapers, journals, magazines, and other sources of information are available.
Furthermore, it is critical to keep track of these details.
The following are some of the reasons for documenting report data:
I. Use high-quality data from trusted sources.
II. To persuade readers of your credibility and the logic or reasoning behind your arguments.
For more information about documentation, refer below
https://brainly.com/question/6972296
On April 30, the end of the first month of operations, Joplin Company prepared the following income statement, based on the absorption costing concept: Joplin Company Absorption Costing Income Statement For the Month Ended April 30 Sales (5,600 units) $145,600 Cost of goods sold: Cost of goods manufactured (6,400 units) $115,200 Inventory, April 30 (900 units) (16,200) Total cost of goods sold (99,000) Gross profit $46,600 Selling and administrative expenses (24,740) Operating income $21,860 If the fixed manufacturing costs were $23,040 and the fixed selling and administrative expenses were $12,120, prepare an income statement according to the variable costing concept. Round all final answers to whole dollars.
Answer:
See below
Explanation:
Preparation of variable costing income statement
Sales $145,600
Variable cost of goods sold
$92,160
Less:
Inventory, April 30
($12,960)
Total variable cost of goods sold
$79,200
Manufacturing margin
$66,400
Variable selling and administrative expenses ($12,620)
Contribution margin $66,580
Less:
Fixed costs $23,040
Fixed selling and administrative expenses $12,120
Total fixed costs ($35,160)
Income from operations $31,420
Workings
•Variable cost of goods manufactured
= Total manufacturing cost - Fixed manufacturing cost
= $115,200 - $23,040
= $92,160
• Inventory at April 30
Calculate first, manufacturing cost per unit
= Variable cost of goods manufactured / Units manufactured
= $92,160/6,400 units
= $14.4
Therefore, Inventory at April 30
= $14.4 × 900 units
= $12,960
• Variable selling and administrative cost = Total selling and administrative cost - Fixed selling and administrative costs
= $24,740 - $12,120
= $12,620
Burger Prince buys top-grade ground beef for $1.05 per pound. A large sign over the entrance guarantees that the meat is fresh daily. Any leftover meat is sold to the local high school cafeteria for 75 cents per pound. Four hamburgers can be prepared from each pound of meat. Burgers sell for 70 cents each. Labor, overhead, meat, buns, and condiments cost 40 cents per burger. Demand is normally distributed with a mean of 385 pounds per day and a standard deviation of 30 pounds per day. What daily order quantity is optimal
Given the following cost and activity observations for Smithson Company's utilities, use the high-low method to calculate Smithson's fixed costs per month. Round your final answer to the nearest dollar. Do not round interim calculations. Cost Machine Hours January $26,000 10,500 February 37,100 17,700 March 29,000 11,500 April 30,900 15,300 a.$9,812 b.$16,680 c.$7,850 d.$31,398
Answer:
Fixed Cost = $9812.499999941 rounded off to $9812
Option A is the correct answer
Explanation:
The high-low method is used to separate the components of a mixed cost and it calculates the variable cost component in a mixed cost. The formula to calculate the variable cost per unit under the high-low method is as follows,
VC/unit = [Highest Activity cost - Lowest Activity Cost] / [Highest Activity units - Lowest Activity units]
VC/unit = [37100 - 26000] / [17700 - 10500]
VC/unit = 1.54166666667 rounded off to $1.54
The total fixed costs will be,
Fixed cost = 37100 - [1.54166666667 * 17700]
Fixed Cost = $9812.499999941 rounded off to $9812
Piedmont Company purchased merchandise on account from a supplier for $40000, terms 1/10, n/30. Piedmont Company returned $6000 of the merchandise and received full credit.If Piedmont Company pays the invoice within the discount period, what is the amount of cash required for the payment
Answer is in a photo. I can only upload it to a file hosting service. link below!
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least five data analysis techniques that could be used for research and describe the application of each
Assignment directions
The United States Census Bureau has many different types of data that is useful to businesses and organizations that need secondary data to make business or organizational decisions. Explore the web site. It has information about a variety of topics, not just population data. Find information that you could use in making a business or organizational decision. Which information did you choose? What kind of business or nonprofit organization would you use it for? How would you and the team you were working with use the data? What opportunities to explore or problems to solve would you use the data for? Be specific about the data itself and about which business or organizational decisions you would use it to make.
Assignment guidelines
Create a detailed PowerPoint slideshow addressing the following:
1 What information from the United States Census Bureau did you choose?
2 What kind of kind of business or nonprofit organization would utilize the information?
3How might you and your team use the data?
4 How would the data enhance opportunities to explore or problems to solve?
5 Follow proper formatting for a PowerPoint presentation.
6 Use multiple sources when appropriate. Include a reference page.
HELP PLEASE!!!!!
Answer:
don't know the answer sorry
paid rent 4500and salaries for the month 10000
rent account Dr
to cash account
salaries account Dr
to cash account
A firm manages its inventory with an order-up-to level (i.e., a base stock level). The review period is one day (so the manager makes an order every day), the lead time is two days, and the order-up-to level is 10. Suppose its inventory position at the start of a day (before it submits an order for that day) is -4. Which of the following statements is definitely true? Group of answer choices Demand was four units yesterday. Demand was 10 units yesterday. The firm manager should order 14 units today. The firm manager should order 10 units today.
Answer: The firm manager should order 10 units today
Explanation:
Based on the information that have been given in the question, we should note that the number of units in order before it orders today will be 14.
Also, since the order up to level is 10, it simply means that the firm manager cannot order more than 10 units per day which means that option C of 14 units is Incorrect.
The correct answer will be that the firm manager should order 10 units today.
On January 2, 2018, Ava Co. issued at face value $119,600 of 7% bonds convertible in total into 13,686 shares of Ava's common stock. No bonds were converted during 2018. Throughout 2018, Ava had 10,000 shares of common stock outstanding. Ava's 2018 net income was $110,936. The income tax rate is 30%. No potential common shares other than the convertible bonds were outstanding during 2018. The numerator in the diluted earnings per share calculation for 2018 would be:
Answer:
$116,796.4
Explanation:
The computation of the numerator in diluted earning per share is given below
As we know that
Diluted earning per share = Net income + ( interest expense × (1 - tax rate)) ÷ diluted potential common stock
Now the numerator is
= Net income + ( interest expense × (1 - tax rate))
= $110,936 + ($119,600 ×0.07 × (1 - 0.30))
= $110,936 + $5,860.4
= $116,796.4