Answer:
the stock price is $58.23
Explanation:
The computation of the price pay per share today is shown below:
Stock price is
= Current year dividend ÷ (required rate of return - growth rate)
= $11.15 × (1 - 0.06) ÷ (12% - (-6%)
= $10.48 ÷ 18%
= $58.23
Hence, the stock price is $58.23
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Step One: The wood is softened and cut into slats called "pencil stock" or "pencil squares."
Step Two: A wax and stain are applied and the slats are passed under a cutting wheel.
Step Three: The grooves in the slat are filled with a special elastic glue for the lead.
Answer:
Net Cash Flows from operating activities is $68.5 million.
Explanation:
The indirect Method would be used here because all we will find the cash expenses and revenues that were converted into within the year and are reported in the income statement by calculating the increase and decrease in the current assets and current liabilities. Here we will also eliminate the non cash expense effects by adding them back.
The net cash flows from operating activities can be calculated using the following method:
Millions
1. Net Income 65
<u>Add Non Cash Deductions</u>
2. Depreciation 5.5
3. Loss on sale of Equipment 1.5
<u>Add / (Less) the increase or </u>
<u>decrease in current Assets or </u>
<u>liabilities</u>
4. Increase in Trade Receivables (2.5)
5. Increase in Trade Payables 3.5
6. Increase in inventory <u> (4.5) </u>
Net Cash Flows from operating activities $68.5
Answer:
$80,500
Explanation:
Data provided as per the question
Capital asset = $23,000
Number of year = 5
Income tax rate = 30%
The computation of cash inflow from operations is as shown below:-
Before tax = capital asset × number of year
= $23,000 × 5
= $115,000
Cash inflow from operations = Before tax × (1 - Income tax rate)
= $115,000 × (1 - 0.3)
= $115,000 × 0.7
= $80,500
Answer:
The correct answer is $2,610.
Explanation:
According to the scenario, computation of the given data are as follow:-
We can calculate the the direct labor cost by using following formula:-
Direct labor hour required= Estimated production × Direct labor hour
= 870 × 1÷4 =217.5 hours
Direct labor cost = Direct required labor hour × Rate of labor per hour
= 217.5 hours × $12
= $2,610
According to the analysis, $2,610 is the total amount to be budgeted for direct labor.
