Answer:
represents the TOTAL revenue at time 
.
Explanation:
is the revenue at the time at the first restaurant.
is the revenue at the time at the second restaurant.
If we want to know the TOTAL revenue at the time , we would sum these quantities:
TOTAL revenue = 
So represents the TOTAL revenue at time .
Answer:
$17 gives 100 utils
So, $1 gives 100/17 utils
which implies that $20 gives (100/17)*20 = 117.65
So additional utils = $117.65 - $100 = $17.65
Hence, $17.65 is the additional utils
Explanation:
Answer and Explanation:
c. If direct labor cost is the cost driver, direct labor and manufacturing overhead may be combined into the single element of conversion cost.
Answer:
$20.38 buy
Explanation:
The computation of present value is shown below:-
Fair Value according to Gordon Model = Expected Div ÷ (Required Return - Growth rate)
= $1.63 ÷ (10.5% - 2.5%)
= $1.63 ÷ 8%
= $20.38
Fair Price = $ 20.38 and Actual Price = $18.00
As Fair Price is greater than the Actual Price so, the stock is under priced. Therefore advice to buy.
Answer:
10.52 years
Explanation:
We can work out the number of years using this relationship
V =P× (1+r)^n
V= tribe valeu = 3×3.5 = 10.5
r-growth rate -11%
n- number of years- ?
10.5 = 3.5× (1.11)^n
<em>dividing both sides by 1.11^n</em>
1.11^n = 10.5/3.5
<em>taking the log of both sides</em>
n log 1.11 = log 3
n = log 3/log 1.11
n =10.52
