Answer:
$70,875
Explanation:
By definition, a flexible budget is when a budget has been adjusted or flexed to accommodate the changes in the level of activity.
If the company wanted to create a flexible budget for 9,000 units, then the value that would be recorded for variable costs will be:
Indirect materials, $22,000/8000*9000 = 24,750;
Indirect labor, $25,000/8000*9000 = 28,125 ;
Utilities, $12,000/8000*9000 = 13,500;
Supervision, $4,000/8000*9000=4,500
Total of variable costs = ........................70,875
Answer:
1. C. $33.76 per share
2. B- The constant growth model can be used if a stock's expected constant growth rateis less than its required return
3. 8.25% ; $35.62 ; 5.5%
Explanation:
1. Using the Constant Growth Model to calculate the intrinsic value would be best given the above values.
The formula is;
Value = Next Dividend / (Required Return - Growth rate)
Value = (2.64 * ( 1 + 5.5%)) / ( 13.75% - 5.5%)
Value = 2.7852/8.25%
Value = $33.76
2. Going by the formula, if the expected growth rate is more than the required return, the intrinsic value would be a negative number and a stock's price cannot go below 0. The growth rate has to be less than the required return for this to work.
3. At Equilibrium, the stock dividend is growing as it should.
Dividend Yield should therefore be;
= Next Dividend / Stock Value * 100
= (2.7852 / 33.76) * 100
= 8.25%
Stock Price should grow at the growth rate so;
= 33.76 * ( 1 + 0.055)
= $35.62
Gains yield refers to what rate the stock will change in value. Growth rate is 5.5% so that will be the answer.
The information that the statement columns in the end-of-period spreadsheet mean to the accountant is the accounts have not been updated and a net income of $41,388. The correct option is b and c.
<h3>Who is an accountant?</h3>
An accountant is a person who manages and calculates the accounts or finance of a company, a firm, or a person. He calculates the capital of the person, manage taxes and give advice about the finance of the person.
Given that, debits are $26,754 and credits are $68,142. If we subtract the debit from the credit. We see a net income of $41,388.
Thus, the correct option is b. the accounts have not been updated. c, net income of $41,388.
To learn more about accountants, refer to the link:
brainly.com/question/13341312
#SPJ4
Answer: The consumption schedule shows the amounts households intend to consume at various possible levels of aggregate income.
Explanation: Consumption function, in economics, the relationship between consumer spending and the various factors determining it. At the household or family level, these factors may include income, wealth, expectations about the level and riskiness of future income or wealth, interest rates, age, education, and family size.
A consumption schedule is a table of numbers showing the relation between consumption expenditures and income for the household sector. The income measure commonly used is national income or disposable income. Occasionally a measure of aggregate production, such as gross domestic product, is used instead.
Answer:
This business idea worth $430,127 today
Explanation:
Today value of the future cash flows can be calculated by discounting the cash flows on the given discount rate. It is called the present value and sum of present value of all cash flows is called Net present value.
We use following format to calculate NPV for the given business idea
Years 1 2 3
Cash Flows $5,600 $48,200 $125,000
Sale Proceeds $450,000
Net Cash Flows $5,600 $48,200 $575,000
Discount Factor 14% 0.8772 0.7695 0.6750
Present values $4,912.32 $37,089.9 $388,125
Net present value of business idea = $4,912.32 + $37,089.9 + $388,125
NPV = 430,127.22
