85% of the wealth comes from 10% of the wealthiest people
Answer: C it forces the writer to be specific early in the process
Explanation:
just did it
Answer:
Price earning ratio is 16
Explanation:
Profit Margin = (Net profit / Net Sales) x 100
7.5% = Net profit / $220,000
Net Profit = $220,000 x 7.5%
Net Profit = $16,500
Earning Per share = $16,500/ 10,000 = $1.65 per share
Price-sales ratio = Market value / Sales value
1.20 = Market value / 220,000
1.20 x 220,000 = Share price
Share price = 264,000 / 10,000 =
Share price = 26.40
Price Earning Ratio = 26.40 / 1.65 = 16
Answer:
Present value = $35.00326585 rounded off to $35.00
Explanation:
Using the dividend discount model, we calculate the price of the stock today. It values the stock based on the present value of the expected future dividends from the stock. To calculate the present value of the stock, we will use the following formula,
Present value = D1 / (1+r) + D2 / (1+r)^2 + ... + Dn / (1+r)^n +
[(Dn * (1+g) / (r - g)) / (1+r)^n]
Where,
- r is the required rate of return
- g is the constant growth rate in dividends
- n is the number of years
Present value = 5 / (1+0.155) + 6.25 / (1+0.155)^2 + 4.75 / (1+0.155)^3 +
3 / (1+0.155)^4 + [(3 * (1+0.07) / (0.155 - 0.07)) / (1+0.155)^4]
Present value = $35.00326585 rounded off to $35.00
Answer:
see explanation
Explanation:
<em>Hi, your question is incomplete, I tried to look for it online but I could not find it. Here is an explanation on the steps to solve the problem.</em>
Step 1 : Determine the Total Materials Cost
Total Materials Cost
Opening WIP cost $310,000
Costs added during the period $40500
Total $350,500
Step 2 : Total Equivalent units for materials
Equivalent units for materials = Completed units + Equivalent units in ending work in process inventory.
Step 3 : Unit equivalent cost for materials
Unit equivalent cost = Total Cost ÷ Total equivalent units
Step 4 : ending work in process inventory cost
Ending work in process inventory = Unit equivalent cost x equivalent units in ending work in process with respect to materials
