Answer:
The answer is <u>"a. 8.13%".</u>
Explanation:
Given that;
d0 = $1.75
p0 = $40.00
g = 3.6% = 0.036
By using the formula;
Price of the stock = (Dividend this year)(1+g) ÷ (r - g)
By putting the values;
40 = (1.75)(1+0.036) ÷ (r - 0.036)
r - 0.036 = (1.75)(1.036) ÷ 40
r - 0.036 = 1.813 ÷ 40
r - 0.036 = 0.045325
r = 0.045325 + 0.036
r = 0.081325 = 0.081325 x 100
<u>r = 8.13%</u>
Answer:
A. used by businesses to price unique products for different jobs
As the product are different to each other in properties and materials or are required to be performed in different location (IE: real-state maintenance or construction) We need to follow the cost on a per-job basis
Explanation:
B. used by businesses to price identical products
No when the product are identical we don't need to discriminate over which customer ask the job nor the type of product it was requested.
C. used to calculate equivalent units
NO. That is processing cost
D. used to calculate the percentage of work completed
NO that is a given, we measure the amount of work completed under pretty much any cost method.
Answer:
Net income decreased by $4,850,000.
Explanation:
Given total overhead applied = $48000000
The actual overhead = $52850000
Over/under Applied overhead = total overhead applied - Actual overhead at the end of the year.
Over / under Applied overhead = 48000000-52850000
Over / under Applied overhead = -$4850000
From the calculation, it can be seen that the overhead is underapplied therefore when under applied overhead allocated to cost of goods sold then cost of goods sold decreased by $4850000.
The total payroll amount is $50,000 per week.
Since there are only 5 work days per week (Monday to
Friday), therefore the employees wage per day is:
Employees wage per day = $50,000 / 5 = $10,000
For the payday on April 4, the wages expense covered for
this would be from April 1 to April 4 since the accounting period ended on
March 31. Therefore wages expense in the journal entry would be calculated
using 4 days.
Wages expense for April for the payday April 4 = Employees
wage per day * Number of days
Wages expense for April for the payday April 4 = $10,000 * 4
<span>Wages expense for
April for the payday April 4 = $40,000</span>
Answer:
Crisis Panning
Explanation:
The crisis planning involves the management of the company risk associated with catastrophic events which will completely destroy the firm and their will no essence of the company to start it again. So to insure businesses from such risks heading, the company plans about it to tackle such risks and this planning is known as crisis planning.
