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Sunny_sXe [5.5K]
3 years ago
14

Gell Corporation manufactures computers. Assume that Gell​:

Business
1 answer:
kkurt [141]3 years ago
5 0

Answer:

$83,000

Explanation:

The computation of the actual manufacturing overhead cost is shown below:

= Indirect labor + depreciation on plant + machinery repair + plant supplies + plant utilities

= $11,000 + $48,000 + $11,000 + $6,000 + $7,000

= $83,000

Only these five items would be considered as a actual manufacturing cost. The rest of the items would be ignored

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Which of the following climate zones would be best suited for a year-round agricultural cycle?
Mashutka [201]
The Mediterranean climate zone would be great for agriculture because it deals with farming and irrigation, which since it has good climate, would also have great soil, which would result in successful crops. <span>
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3 0
3 years ago
Bank A has an increase in deposits of $20 million dollars and all bank reserve requirements are 10%. Bank A loans out the full a
dexar [7]

Answer:

Total increase in deposit  = $54,200,000

Explanation:

given data

deposits = $20 million dollars

bank reserve = 10%

solution

we know that Deposit in bank A  is = $20,000,000

and  Reserve @ 10%   = $2,000,000

so

Bank A loans or bank B deposit  will be = $20,000,000  - $2,000,000

Bank A loans or bank B deposit  = $18,000,000

here  Reserve @ 10%  = $1,800,000

so

Bank B loans or Bank C deposit  will be here = $18,000,000  - $1,800,000

Bank B loans or Bank C deposit = $16,200,000

so that

Total increase in deposit will be = Bank A + Bank B + Bank C     ...............1

put here value we get

Total increase in deposit  = $20,000,000 + $18,000,000 + $16,200,000

Total increase in deposit  = $54,200,000

3 0
3 years ago
g An investment bank agrees to underwrite an issue of 5 million shares of stock for Longard Corp. (1). If the investment bank un
Genrish500 [490]

Answer:

Longard Corp.

The money that Longard Corp. receives is:

= $75 million.

Explanation:

a) Data and Calculations:

Number of shares issued = 5 million

Investment bank underwriter pays per share to Longard Corp = $15

Stock price to the public = $20 per share

Total amount received from the underwriter = $75 million ($15 * 5 million)

b) The calculations show that the investment bank will eventually receive $100 million ($20 * 5 million) from the public offer.  It then charges $5 per share (representing a total underwriting fee of $25 million).  This is why it remits only $75 million to Longard Corp.

6 0
3 years ago
If investors expect a total return of 14.60%, what will be Goodwin’s expected dividend and capital gains yield in two years—that
storchak [24]

Answer:

First Expected Dividend will come in at the end of Year 3 or t=3 assuming current time is t=0.

D3 = $ 4.25, Growth Rate for year 4 and year 5 = 22.1 %

Therefore, D4 = D3 x 1.221 = 4.25 x 1.221 = $ 5.18925 and D5 = D4 x 1.221 = 5.18925 x 1.221 = $ 6.33607

Growth Rate post Year 5 = 4.08 %

D6 = D5 x 1.0408 = 6.33607 x 1.0408 = $ 6.59459

Required Return = 13.6 %

Therefore, Current Stock Price = Present Value of Expected Dividends = [6.59459 / (0.136-0.0408)] x [1/(1.136)^(5)] + 4.25 / (1.136)^(3) + 5.18925 / (1.136)^(4) + 6.33607 / (1.136)^(5) = $ 45.979 ~ $ 45.98

Price at the end of Year 2 = P2 = Present Value of Expected Dividends at the end of year 2 = [6.59459 / (0.136-0.0408)] x [1/(1.136)^(3)] + 4.25 / (1.136) + 5.18925 / (1.136)^(2) + 6.33607 / (1.136)^(3) = $ 59.3358 ~ $ 59.34

Dividend Yield at the end of year 3 = DY3 = D3 / P2 = 4.25 / 59.34 = 0.07612 or 7.612 %

Total Required Return = 14. 6 %

Therefore, Required Capital Gains Yield = 14.6 % - 7.612 % = 6.988 %

7 0
3 years ago
David wants to open a new gymnasium with state-of-the-art equipment and qualified trainers. However, he can only afford either o
Nesterboy [21]

Answer:

Too little money                          

Explanation:

In the given case, David wanted to have all required resources and he also had complete knowledge of it. However he could not get them properly due to his budget constraints which lead to shut down of his business.

This case clearly depicts the problem of too little money as the risk of failure was not mentioned as such. Also the business David was willing to open was not relate to any chemical or defense industry so there was not much regulatory burden.

8 0
2 years ago
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