Answer:
$69.47
Explanation:
D1 = ($1.45*1.20) = $1.7
D2 = ($1.7*1.20) = $2.04
D3 = ($2.04*1.20) = $2.45
Value after year 3 = (D3*Growth Rate) / (Required rate-Growth Rate)
Value after year 3 = ($2.45*1.08) / 0.11-0.08
Value after year 3 = $2.646 / 0.03
Value after year 3 = $88.20
Current share price = Future dividend and value*Present value of discounting factor(rate%,time)
Current share price = $1.7/1.11 + $2.04/(1.11)^2 + $2.45/(1.11)^3 + $88.20/(1.11)^3
Current share price = $1.5315315 + $1.65571 + $1.7914189 + $64.49107
Current share price = $69.4697304
Current share price = $69.47
Answer:
For paint line to must produce the 4950 gallons of beige paint, it needs total of 5174.1 Kg. It accounts for the factors which are mentioned in the question . Explanation for this is attached in the image.
Explanation:
Explanation is in the attached image.
Answer:
$960
Explanation:
For computing the accumulated depreciation, first we have to compute the depreciation expense which is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($9,600 - $0) ÷ (5 years)
= ($9,600) ÷ (5 years)
= $1,920
This is a full year depreciation but we have to find out for June 30,2017 i.e 6 months
= $1,920 ÷ 12 months × 6 months
= $960
The same is recorded as an accumulated depreciation
Answer:
$24,990
Explanation:
2/15 net 45 means that if the customer pays within the period of 15 days, he will get the discount of 2% of invoice amount, otherwise he has to pay the whole amount of invoice within the period of 45 days.
In the given scenario, since the Pound Co. has paid the invoice within the discount period, so therefore, the Pound Co. has availed the discount of 2% and accordingly the sales amount shall be recorded as follows:
Sales amount=Invoice amount*98%
=$25,500*98%
=$24,990
