Answer:
Current dividend paid (Do) = $1.35
Growth rate (g) = 11% = 0.11
Cost of equity (ke) = 24% = 0.24
Po = Do<u>(1 + g)</u>
Ke - g
Po = $1.35<u>(1 + 0.11)</u>
0.24 - 0.11
Po = <u>$1.4985</u>
0.13
Po = $11.53
Explanation:
The current market price of the stock is a function of current dividend paid, subject to growth rate, divided by the current market price of the stock.
Answer:
b. 5.75
Explanation:
Times Interest earned ratio is the measure of ability of a company to pay the interest on its debts. It is the ratio of earning before interest and tax and interest expense as below.
Times Interest Earned Ratio = Earning before interest and tax / Interest Expense
Times Interest Earned Ratio = $86,250 / $15,000
Times Interest Earned Ratio = 5.75 times
Answer:
A.
0.833
Explanation:
m = 3
Arrival rate, ra = 45 per hour
Service rate, re = 18 per hour per lane
Utilization factor = ra/(m.re)
= 45/(3*18)
= 0.833
Therefore, The utilization factor of the system is 0.833
Being involved in extracurricular activities can help you stand out on your college applications because it shows that you are skilled in more than 1 thing. Depending on the extracurricular you’re taking, you could be very good at strategic and critical thinking. This could be helpful in your future. Colleges do what the best of the best. Being involved in extracurricular activities also can show that you can take on more than 1 task. A lot of people can’t multitask or have a short attention span. This could be really good.
2. If I could create my own club or organization it would be one that explores individuals talents. Not a lot of people are sure what they want to be when they get older and I’d like to help them with that. Not any skills to be exact. The requirements would be to be serious about this, having manners, self-control, bring able to know what to respond to and what not, getting help instead of taking things into their own hands, and good listening.
3. Yes. You could use my first response as the answer to this question. There’s too many reason why getting into extracurricular activities is beneficial to getting the career of your dreams.9
Answer:
$2.25 per unit
Explanation:
The computation of the cost per equivalent is shown below:
= Total conversion cost ÷ total units completed
where,
Total conversion cost is
= Beginning work in process conversion cost + cost of conversion added
= $20,250 + 271,125
= 291,375
And, the number of units is
= Units completed + work in process ending inventory units × completion percentage
= 115,700 units + 23,000 units × 60%
= 115,700 + 13,800
= 129,500 units
So, the cost per equivalent unit for conversion cost is
= $291,375 ÷ 129,500 units
= $2.25 per unit
