The answer of the country is now 12.7 and the answer of the year is to 2024
Answer:
9.75%
Explanation:
EPS = Earning per share = $5
DPS = Dividend per share $1.25
ROI = return on investment = 13%, or 0.13
RR = Retention rate = (EPS - DPS)/EPS = ($5 - $1.25)/$5 = 0.75, or 75%
Growth = RR * ROI = 13% * 75% = 9.75%
Therefore, the expected growth rate for KTI's dividend is closest to 9.75%
Answer:
See
Explanation:
Sales volume = 1,000 units
Selling price = $70,000/1,000 = $70
Variable cost = $12,000/1000 = $12
900 units
Contribution margin income statement
Sales (900 × $72)
$64,800
Less:
Variable expenses (900 × $12)
($10,800)
Contribution margin
$54,000
Less:
Fixed expenses
($23,310)
Net Operating income
$30,690
Answer:
More than what is required.
Explanation:
When the CEO asked for the sales figures, she would have wanted just the monetary value of the sales made in that period. Instead the sales manager sent the list of products sent in the previous period. This will include detailed breakdown of the number of each product sold along with the amounts at which they were sold.
In this case the sales manager sent more information than was requested by the CEO.
Answer:
To maximize income, Kelvin should use 5445 hours to replace 165 shocks.
Explanation:
The number of hours taken for replacing the shocks is 1.5 times higher than replacing the brakes. (1.5 = 33 hours/ 22 hours)
While the income from replacing the shocks is double/ 2 times higher than replacing the brakes (2.0 = $500500/$250250)
It’s viable that replacing the shocks is more effective in term of income compared to hours taken.
If Kevin use his maximum 5,454 hours a week for replacing the shocks, then he can replace 165 shocks and earn $82,582,500.
If the customer resource is unlimited, then it It is better to focus on replacing shocks only.