Answer:
D. $98.15
Explanation:
Price of stock formula;
Price today(P0) = 
D0= Current dividend
g = growth rate
r = required return
Price = 
= 3.762 /0.065
Price = 57.877
Price in 12 years (P12) = P0(1+g)
P12 = 57.877 *
P12 =$98.152
Therefore, price of stock in 12 years will be $98.15
Her decision is known as a "satisfice" decision
Answer:
(a) Yes. It is an opportunity cost of new job because the additional time he spent commuting is a cost, as he can utilize that time in doing something else.
(b) Yes. It is also an opportunity cost because if a person wants to join a new job then he have to give up his current job. So, the earning of $45,000 from his current job is the opportunity cost of accepting the new job.
(c) No. It is not an opportunity cost but it is an additional benefit from the new job because he is not sacrificing anything to obtain this benefit.
Answer:
c. 1.6 percent.
Explanation:
GDP Deflator = Nominal GDP / Real GDP * 100
year 1
Real GDP = $2250 billion/72*100
= $ 3125.
year 2
Real GDP = $2508 billion/79*100
= $3175
Real GDP rose by = Real GDP (2nd year) - Real GDP (1st year)
= $3175 - $3125
= $ 50
% increase = $50/$2,250*100
= 1.6%
Therefore, The Real GDP rose by 1.6%.
Answer:
67,600 tons
Explanation:
Weighted average costing adds the value of beginning inventory in the period cost to calculate the average cost per unit.
According to this method the equivalent units formula is as follow
Equivalent Units = Unit completed and transferred to Finished goods + Units in Work in Process x Completion percentage
Conversion
Equivalent Units = 55,000 + 18,000 x 70% = 67,600 units