Answer:
The direct labor rate variance is negative 16,500
Explanation:
8,000 units at 2hours per unit = 16,000 hours x <em>$12 per hour</em> = $192,000 standart cost for the job
actual 15,000 hours and $196,200 total labor cost
labor cost per hour = 196,200/15,000 = <em>13.1 actual rate per hour</em>
( standar rate - actual rate ) x actual hours = rate variance
(12 - 13.1) x 15,000 = -1.1 x 15,000 = -16,500
Answer:
Current market price (Po) = $50
Growth rate (g) = 7%
Dividend paid (Do) = $1
Required return (Ke) = ?
Po = Do<u>(1 + g)</u>
Ke - g
$50 = $1<u>( 1 + 0.07)</u>
ke - 0.07
$50 = <u> 1.07</u>
Ke - 0.07
$50(Ke - 0.07) = $1.07
50Ke - 3.5 = $1.07
50Ke = $1.07 + $3.5
50Ke = $4.57
Ke = 4.57/50
Ke = 0.0914 = 9.14%
Explanation:
The current market price of a stock equals current dividend paid, subject to growth rate, divided by the difference between required rate of return and growth rate. The current market price, growth rate and current dividend paid were provided in the question with the exception of the required return (Ke). Thus, the required return becomes the subject of the formula.
This statement is true. The amount the shareholder has paid
for the stock he owns is the amount of potential loss he can incur as a result
of being an owner in a corporation. The creditor of the company cannot run to
the personal properties of each shareholder. This condition makes the
corporation differ from partnership.
Answer:
The stock current intrinsic value is: $39,46
Explanation:
We solve using the gordon model for dividend growth to valuate the price of the stock:
d0 = 2.50
d1 = 2.50 x 1.03 = 2.575
Value: 42,91666666666667
This value is three years therefore, we need to discount:
Maturity $42.9167
time 3.00
rate 0.09000
33.1395
We also have to calcualtethe present value of the first, second and third year dividends
discount rate 0.09
# Cashflow Discounted
1 2.5 2.29
2 2.5 2.1
3 2.5 1.93
PV 6.32
We ad this to the PV of the infinite future dividends growing at 3%
6.32 + 33.1395 = 39,4595
Answer:
B) Retail buyers are mainly in charge of planning, selecting, and buying merchandise for retail establishment resale purposes, they select and purchase products sold in retail stores.
