Answer:
$43.441
Explanation:
Data provided in the question:
Dividend paid in year 1, D0 = $2 per share
Dividend paid in year 2, D1 = $4 per share
Growth rate, g = 2%
Required return on stock, r = 10%
Now,
D3 = [ D2(1 + g) ] ÷ [ r - g ]
= [ $4(1 + 0.02) ] ÷ [ 0.10 - 0.02 ]
= $51
Thus,
The current price of the stock
=
= 1.818 + 3.306 + 38.317
= $43.441
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Determine which costing method (variable costing or absorption costing) accounts for fixed manufacturing costs as costs of the period:
a. at the time of incurrence,
b. at the time the finished units to which the fixed overhead relates are sold.
Absorption costing allocated fixed manufacturing costs to the product. Therefore, the fixed costs go to the cost of goods sold.
consumer to share liability with a company.
Answer:
Item 1
Property taxes on the factory building = Manufacturing Overhead
Item 2
Production superintendents’ salaries = Manufacturing Overhead
Item 3
Memory boards and chips used in assembling computers = Direct Materials
Item 4
Depreciation on the factory equipment = Manufacturing Overhead
Item 5
Salaries for assembly-line quality control inspectors = Manufacturing Overhead
Item 6
Sales commissions paid to sell laptop computers = Period Costs
Item 7
Electrical components used in assembling computers = Direct Materials
Item 8
Wages of workers assembling laptop computers = Direct Labor
Item 9
Soldering materials used on factory assembly lines = Manufacturing Overhead
Item 10
Salaries for the night security guards for the factory building = Manufacturing Overhead
Explanation:
Direct Materials and Direct Labor are direct Product Costs. They can be easily traced on to the Product being manufactured - laptop computers. These include Memory boards and chips and Wages of workers assembling laptop computers.
Manufacturing Overhead can not be easily traced to the Product being manufactured. They do need to be allocated to the Products being manufactured through cost drivers. These include Soldering materials used on factory assembly lines and Production superintendents’ salaries.
Period Costs are Non - Manufacturing Costs. They are Expensed in the Income Statement in the period in which they are incurred and are not included in Product Cost. These include Sales commissions paid to sell laptop computers.
Answer: Access control.
Explanation:
Access control are restrictions set beforehand to limit users of a
computer network access to certain websites or files in a computer system. Access control is normally set for the sake of increased security of a computer network users and organizations, it can be in the form of: pins, biometric scans and some other forms of user verification.