Answer:
The statement is: False.
Explanation:
Non-manufacturing costs are those not related to the production process of the company. It implies costs useful for the operations of the firm but does not have an impact on the process of creating a final good. Administrative salaries, office supplies, and depreciation fall into this category.
Absorption costing describes an accounting approach in which all the manufacturing costs are assigned to the units produced.
Thus, as non-manufacturing costs are not related to the manufacturing process, they cannot be allocated within the units of production using the absorption costing method.
Answer:
The first 40 hours of payment will be payed at $10.5 per which will amount to a total of $420 and his last 5 hours he will be payed at $13 which will amount to a total of $65.
So his total earning for the 45 hours of work are $485
Explanation:
Answer:
current value = $66.29
Explanation:
given data
expected to pay dividend = $2.95
constant rate = 4% per year
required rate of return = 8.45%
solution
Stock's current value per share will be express as
current value = dividend ÷ (Required rate of return - Growth rate of dividend) .....................1
put here value and we get
current value = $2.95 ÷ ( 8.45% - 4% )
current value = $66.29
This would be D- an opportunity for True Taste to thrive in their community.
Answer:
Rate of return is the rate of interest paid on unpaid balance of money which is borrowed or the interest rate earned on the unrecoverable balance of the money lent or investment.
Annual Payment ![A = F[\frac{i}{(1+i)^{2} -1}]](https://tex.z-dn.net/?f=A%20%3D%20F%5B%5Cfrac%7Bi%7D%7B%281%2Bi%29%5E%7B2%7D%20-1%7D%5D)
where F is accumulated sum of amount, n is number of years and i is annual rate of interest. The standard notation equation is A = F(A/ F, i, n)
Annual Payment ![A = P[\frac{i(1+i)^{2} }{(1+i)^{2} -1}]](https://tex.z-dn.net/?f=A%20%3D%20P%5B%5Cfrac%7Bi%281%2Bi%29%5E%7B2%7D%20%7D%7B%281%2Bi%29%5E%7B2%7D%20-1%7D%5D)
where P is present value, n is number of years and i is annual rate of interest. The standard notation equation is A = P(A/P,i.n)
IRR (first_celtlast_cell) represent the internal rate of return for series of cash flow.
The scholarship starts as soon as endowment obligation are fulfilled so here P is 100000 - 10000 = 90000, A is 10000, n is infinite. So, the equation is
0 = -90000 + 10000 / 
= 0.1111
OR
= 11.11%
