Answer:
B!
Explanation:
Individual consumers, concerned about their own health, decreased their demand for beef, which lowered the equilibrium price of beef, making it less attractive to produce.
Answer:
E: 6.34
Explanation:
First we solve for the PV of the next years dividends using the lump sum PV formula:
rate = 12%
![\left[\begin{array}{ccc}Year÷nds&PV\\1&1.3&1.1607\\2&1.69&1.3473\\3&2.197&1.5638\\4&2.8561&1.8151\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7DYear%26dividends%26PV%5C%5C1%261.3%261.1607%5C%5C2%261.69%261.3473%5C%5C3%262.197%261.5638%5C%5C4%262.8561%261.8151%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Total of 5.8869
Then, this with the PV of the future dividends usign the gordon model should match 40 dollars.
so the PV of the indefinite sum of dividends should be: 40 - 5.8869 = 34.1131
\frac{Dividends_1}{return - growth} = Value
This is four years into the future thus, we discount as well for the rate of return We want ot knwo the value at the fourth year to solve for the grow rate:
34.1131 x 1.12^4 = 53.67762328
Now the formual for the gordon model requires next year dividends thus D0 x 1 + g and we don't know g so we have to operate to solve it:
The correct answer would be E
Answer:
It is more profitable to upgrade the calculators.
Explanation:
Giving the following information:
The Tolar Corporation has 500 obsolete desk calculators that are carried in inventory at a total cost of $720,000. If these calculators are upgraded at a total cost of $140,000, they can be sold for a total of $200,000. As an alternative, the calculators can be sold in their present condition for $50,000.
We need to determine whether it is more convenient to upgrade the calculators or sell them as they are.
Upgrade:
Effect on income= 200,000 - 720,000 - 140,000= -$660,000
Not upgrade:
Effect on income= 50,000 - 720,000= -$670,000
It is more profitable to upgrade the calculators.
Answer:
$10 per hour
Explanation:
Data provided in the question
Direct labor hours per year = 27,000
Total indirect cost = $270,000
So, by considering the above formation, the indirect cost allocation rate is
= Total indirect cost ÷ Direct labor hours per year
= $270,000 ÷ 27,000
= $10 per hour
By dividing the total indirect cost by the direct labor hours we can get the indirect cost allocation rate
Answer:
See below
Explanation:
The above is an incomplete question. From a similar question, we were given cost of goods sold to be $60,800.
Firm's day sales in inventory is computed as;
= (Ending inventory / Cost of goods sold) × 365
Given that;
Ending inventory = $41,000
Cost of goods sold = $60,800
= ($41,000/$60,800) × 365
= 246days
