Why do interest groups form political action committees (pacs)? pacs are formed to influence government policies. pacs are forme
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Answer:
10% of the Janitorial Department's $450,000 costs is allocated to the Cutting Department
Explanation:
Given:
Costs Square Feet Number of Employees
Janitorial Department $450,000 100 20
Cafeteria Department $200,000 10,000 10
Cutting Department $1,500,000 2,000 60
Assembly Department $3,000,000 8,000 20
Cafeteria Cutting Assembly Total
Department department department
Square feet 10,000 2,000 8,000 20,000
% of allocation 50% 10% 40%
× 100
× 100
× 100
Hence, % usage by the cutting department is 10%
Answer:
Cost of equity will be 12.96 %
Explanation:
We have given current price of the stock = $32.45
Expected dividend in one year
Growth rate
We have to find the cost of equity
Cost of equity is given by
Cost of equity = 12.96 %