The answer is $76.54 Let us use 3 months as our period. Thus, we restate the annual required rate of9.25% as a quarterly (or three-month) rate of = 2.3125% (or 0.023125). Applying the constant dividend model with infinite horizon and with the quarterly rate of return and a quarterly dividend of $1.77, we get: = $76.54<span>.
Price of Preferred Stock = Dividend / required return of rate - growth rate</span>
Answer: $6,410,000
Explanation:
The current ratio calculates the ability of a company to meet its short term liabilities.
A current ratio greater than 1 indicates that a company is more able to meet its short term obligations. Mystic Laboratories with a current ratio of 1.3 has a greater ability to meet its short term obligations.
Current ratio = current assets / current liabilities
Total assets = current assets + non current assets
$10,500,000 = current assets + $2,167,000
Current assets = $8,333,000
1.3 = $8,333,000 / current liabilities
Current liabilites = $6,410,000
I hope my answer helps you
Answer:
Results are below.
Explanation:
<u>First, we need to calculate the selling price per composite unit:</u>
<u></u>
selling price per composite unit= 1,280*0.6 + 530*0.4
selling price per composite unit= $980
<u>Now, the unitary variable cost per composite unit:</u>
Variable cost per composite unit= 780*0.6 + 280*0.4
Variable cost per composite unit= $580
<u>To calculate the break-even point in units, we need to use the following formula:</u>
Break-even point in units= fixed costs/ contribution margin per composite unit
Break-even point in units= 150,000 / (980 - 580)
Break-even point in units= 375
<u>Finally, the number of units per product:</u>
Desks= 375*0.6= 225
Chairs= 375*0.4= 150
Answer:
Pull Strategy
Explanation:
The Pull Strategy is a marketing strategy which consists in having the customer seek the product by himself or herself.
The goal is to create consumer demand before kickstarting production.
In this case, we have a perfect example of a pull strategy, because Hyun will not start production unless it has proof of demand from a customer, the proof being a order.
Answer:
(A)Requirements Contract
Explanation:
A requirements contract is defined as a contract in which one party agrees to supply as much good/service as desired by the other party. In exchange, the other party implicitly promises that it will obtain its goods or services exclusively from the first party.
Since Fly Motor Company agrees to purchase all the airbags it will need from Safe-T. Airbag company, the requirement of exclusive purchase is satisfied.
