Answer:
$2,680
Explanation:
The computation of the overall effect on operating income is shown below:
Sale after further processing (1,800 units × $5.50) $9,900
Less: Sale at split off point (1,800 units × $2.90) -$5,220
Incremental revenue $4,680
Less : Incremental cost -$2000
Incremental income $2,680
Answer: D.) Both A and B are correct.
Explanation:
The Bank Secrecy Act/USA PATRIOT Act demands that people who are applying for bank products should verify their identity.
They can do so via several documents first of which is a single Group A document. These could be Driver's License
, Foreign Passport
, Military ID etc.
Then there is to be a single identity from both B1 and B2 as well and these include: Employee ID
, Check Cashing ID
, Food Stamp ID
, Indian Tribal Card and the like.
This is being done to limit terrorist financing and money laundering so utmost compliance is advised.
Answer:
P0 = $57.6722 rounded off to $57.67
Explanation:
To calculate the market price of the stock today, we will use the two stage growth model of DDM. The two stage growth model calculates the values of the stock today based on the present value of the expected future dividends from the stock. The formula for price today under this model is,
P0 = D0 * (1+g1) / (1+r) + D0 * (1+g1)^2 / (1+r)^2 + ... + D0 * (1+g1)^n / (1+r)^n + [(D0 * (1+g1)^n * (1+g2)) / (r - g2)] / (1+r)^n
Where,
- g1 is the short term growth rate
- g2 is the long term or constant growth
- r is the required rate of return on the stock
We first need to calculate r using the CAPM equation. The equation is,
r = rRF + Beta * rpM
Where,
- rRF is the risk free rate
- rpM is the market risk premium
r = 0.08 + 1.4 * 0.035
r = 0.129 or 12.9%
Using the price formula for DDM above, we can calculate the price today to be,
P0 = 2.2 * (1+0.18) / (1+0.129) + 2.2 * (1+0.18)^2 / (1+0.129)^2 +
[(2.2 * (1+0.18)^2 * (1+0.08)) / (0.129 - 0.08)] / (1+0.129)^2
P0 = $57.6722 rounded off to $57.67
Answer: Option (C)
Explanation:
SWOT analysis is defined as or referred to as a strategic planning process that is used in order to help an individual or a company identify the strengths, opportunities, weaknesses, and threats that are related to their business competition or the project they are planning. It is mostly intended in order to specify objectives of a business project or venture and thus identify external and internal factors which are unfavorable and favorable in order to achieve these objectives.
Corrected income statement for each quarter
Particulars First Quarter Second Quarter
Sales Revenue 12200 18800
Cost of goods sold
Beginning inventory 4100 4030
Purchases 3100 12700
Goods available for sale 7200 16730
Ending inventory 4030 9000
Cost of goods sold 3170 7730
Gross profit 9030 11070
Operating expenses 4800 5700
Pretax income 4230 5370
The income statement is one of the most common and important financial statements. The income statement, also known as the income statement (P&L), summarizes all income and expenses over a period of time, including the cumulative impact of income, profits, expenses, and loss transactions. The basic formula for the income statement is Income - Expenses = Net Income.
Learn more about Income statements at
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