<span>D. any assets that can easily be used to purchases goods and services
</span>
Answer:
c. $140,000
D) Manufacturing Overhead.
Explanation:
800,000 / 40 = 20,000 books sold
variable cost per book:
$3 selling + 5% of the sale as adminsitrative cost =
3 + 40 x 0.05 = 5
5 x 20,000 = 100,000 variable cost
total variable cost:
560,000 + 100,000 variable selling and administrative = 660,000
800,000 sales revenue
<u> - 660,000 </u> variable cost
140,000 contribution margin
Q2:
The indirect materials will be cahrge agains t the debit of manufacturing overhead to latter define the amount under-over applied
Answer:
The answer is 6.17%.
Explanation:
We apply the Dividend Model for solving the questions.
Denote g as the constant dividend growth rate after 3 years which needs to be found.
The principle in the Dividend model is: Current share price = Projected present value of all expected future dividend discounted at company's cost of equity rs =16%.
Thus Current share price = Present value of Dividend paid in Y1 + Present value of Dividend paid in Y2 + Present value of Dividend paid in Y3 + Present value of dividend perpetuity growth after Y3.
=> 51 = (3 x 1.25) / 1.16^1 + (3 x 1.25^2)/ 1.16^2 + (3 x 1.25^3)/1.16^3 + [3 x 1.25^3 x (1+g)]/(0.16-g)/1.16^3 <=> [5.8594 x (1+g)]/(0.16-g)/1.16^3 = 40.5298 <=> [5.8594 x (1+g)]/(0.16-g) = 63.2628 <=> 5.8594 + 5.8594g = 10.1220 - 63.2628g <=> 69.1222g = 4.2626 <=> g = 6.17%.
Thus, the constant rate the stock's dividend expected to grow after Year 3 is 6.17%
Answer:
Annual deposit= $7,472.95
Explanation:
Giving the following information:
Future value= $3,000,000
Number of years= 39
Interest rate= 10%
To calculate the annual deposit, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (3,000,000*0.1) / [(1.10^39)-1]
A= $7,472.95
Answer:
chart of accounts. a list of all account names used to record transactions of a company.
external transactions. transactions the firm conducts with a separate economic entity.
general ledger. all accounts used to record the company's transactions.
journal
posting
T-account
trial balance
accounts