Answer:
<em>Holding Period Return = Required rate of return </em>= 16% = 0.16
<em>Holding Period Return of Technomess stock = ( Dividend realized + Capital Gain) / Purchase price</em>
= ( $ 2.40 + ( $ X - $ 52) / $ 52
= ( X - 49.6) / 52 (Assume X as selling price of stock)
0.16 * 52 = X - 49.6
8.32 + 49.6 = X
X = 57.92
= <em>$ 58</em> (Approx.)
Explanation:
Refer to the answer.
Answer:
Option (B) is correct.
Explanation:
A supply shock is a situation in which the price of the natural resource increases which result in an increase in the cost of production of the goods. This increase in the cost of production of the goods induces the producers to produce less amount of goods which reduces the supply of goods. This will lead to shift the short run supply curve of the goods leftwards and therefore, there is an increase in the price of the goods.
Answer and Explanation:
a. The preparation of the statement of Cost of Goods Manufactured is presented below:
Work in process inventory, April 1 34,000
Add:
Cost of direct materials used in production $41,000
Direct labor 47,000
Factory overhead 20,000
Less:
Work in process inventory, April 30 27,000
Cost of goods manufactured $115,000
b. The preparation of the statement of Cost of Goods Sold is presented below:
Finished goods inventory, April 1 24,000
Add: cost of goods manufactured $115,000
Less: Finished goods inventory, April 30 18,000
Cost of goods sold $121,000
D Saving bonds.
I just took the quiz and A is wrong. so listen please.
Answer:
Manufacturing cost= $29 per unit
Explanation:
Giving the following information:
Market research indicates that these headphones would sell well in the market priced at $34.80 each. Domingo desires an operating profit of 20 percent of costs.
To calculate the cost we need to use the following formula:
manufacturing cost= selling price/ (1 + mark up) = 34.8/1.20= $29