Answer:
b. $10
Explanation:
The computation of the cost per shirt is shown below:
= (The cost of its factory, raw materials, and labor) ÷ (production level)
= $500,000 ÷ 50,000 shirts
= $10
Since we have to compute the cost per shirt before the increase in production level so we do not consider the increased production level and increase labor and raw material expense.
Answer:
The function to be used in excel represents the discount of an item expressed in dollars, with an original price of x dollars, is as below:
=if(x<$20,10%*x,if(x>$75,25%*x,20%*x)
in which
- 10%*x is discount of any items with original price is less than $20
- 20%*x is discount of any items with original price is greater than or equal to $20 but less than or equal to $75) is 20% discounted
- 25%*x is discount of any items with original price is greater than $75
Explanation:
We define easy conditions first, then the most complicated at the end
- An item is discounted: 10% if x is less than $20
- An item is discounted 25% if x is greater than $75
- The rest which not any of above ( greater than or equal to $20 but less than or equal to $75) is 20% discounted)
Answer:
Stock Price of LeBlanc in four years = $37.517
Explanation:
Dividend Discount model is as follows:
Where,
= Price of share at end of four years
= Dividend to be paid at end of 5th year
= return on equity or cost of equity
g = growth rate
Now we have the information as follows:
Dividend at 5th year end = ((($3 per share + 3%) + 3%) + 3%) +3% = 3.765
Cost/ Return on equity = 12%
Growth rate = 3%
Therefore price =
=
Stock Price of LeBlanc in four years
= $37.517
Balance sheet.
The balance sheet shows assets, liabilities, and stockholder's equity. Buying the van on credit would be a liability.