Answer:
$559,000
Explanation:
Data provided as per the question below:-
Sales = $915,000
Variable cost of goods sold = $253,000
Fixed cost of goods sold = $103,000
The computation of gross margin is shown below:-
Gross Margin = Sales - Variable cost of goods sold - Fixed cost of goods sold
= $915,000 - $253,000 - $103,000
= $915,000 - $356,000
= $559,000
Answer:
Present value = $9.7150 rounded off to $9.72
Explanation:
Using the dividend discount model, we calculate the price of the stock today. It values the stock based on the present value of the expected future dividends from the stock. To calculate the present value of the next four dividends, we will use the following formula,
Present value = D1 / (1+r) + D2 / (1+r)^2 + D3 / (1+r)^3 + D4 / (1+r)^4
Where,
- r is the required rate of return
Present value = 3 / (1+0.14) + (3+0.25) / (1+0.14)^2 +
(3+0.25+0.25) / (1+0.14)^3 + (3+0.25+0.25+0.25) / (1+0.14)^4
Present value = $9.7150 rounded off to $9.72