A reduction in retained earnings of $2,950,000.
$37(500,000 x .14) = &2,590,000
Answer:
YESSS!
Explanation:
Its a very very very good movies that they make :)
Answer:
Rate of return is 13.2%
Explanation:
Rate of Return is the actual return that an investor receives from an investment in asset during a specific period of time. If the investment is made in the stocks, It includes the dividend received and the price change of the stock.
Total return Received = Dividend + Price change = $1.87 + ($37.75 - 35 ) = $4.62
Rate of Return = Total return During the period / Initial Price of the stock
Rate of Return = $4.62 / $35 = 0.132 = 13.2%
Answer:
41.28 million
Explanation:
the net present value of the two alternatives needs to be determined. The appropriate alternative would be the plane with the higher NPV
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
Alternative 1
Cash flow in year 0 = $-100 million
Cash flow each year from year 1 to 5 = $28 million
I = 9%
NPV = $8.91 million
Alternative 2
Cash flow in year 0 = $-132 million
Cash flow each year from year 1 to 10 = $27 million
I = 9%
NPV = $41.28 million
The second alternative has the higher NPV and it would increase the value of the company by $41.28 million if accepted
To find the NPV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Answer:
Job 93 Job 94 Job 95 Job 96
1. Labor Hours 120 300 145 50
2. Overhead applied rate $906 $2,400 $1,160 $400
Explanation:
Labor rate per hour = $18
Labor hours = Total Labor cost / rate per hour
Job 93 = $2,160 / $18 = 120 hours
Job 94 = $5,400 / $18 = 300 hours
Job 95 = $2,610 / $18 = 145 hours
Job 96 = $900 / $18 = 50 hours
Overhead applied rate = Labor Hours x overhead applied rate
Job 93 = 120 x $8 = $960
Job 94 = 300 x $8 = $2,400
Job 95 = 145 x $8 = $1,160
Job 96 = 50 x $8 = $400