A stock is expected to maintain a constant dividend growth rate of 4.2 percent indefinitely. If the stock has a dividend yield o
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Answer: Number of months = 66.87 months
Explanation:
Given that,
Monthly Payment = $500
Interest rate(r) = 1.95% per month
Current Balance = $18,500
Number of months(t) = ?
Taking log on both side
t log(1.0195) = log(3.5906)
t = 66.87 months
Answer:
C) the difference in prices of the Actual Quantity Purchased (AQP) and the Actual Price (AP) multiplied by the Actual Quantity Purchased (AQP) and the Standard Price (SP) of the input purchased.
Explanation:
Direct Material Price Variance = (Actual Price - Standard Price) Actual Quantity
Opening the brackets we have
Actual Price Actual Quantity - Standard Price
Actual Quantity
therefore, from the options provided option C) is correct as Direct Material Price Variance is difference in Actual Cost and Standard Cost of Actual Units
Final Answer
C) the difference in prices of the Actual Quantity Purchased (AQP) and the Actual Price (AP) multiplied by the Actual Quantity Purchased (AQP) and the Standard Price (SP) of the input purchased.