Answer:
C. $11.03
Explanation:
We need to first compute the firm's value which is shown below.
Firm's value = Free cash flow ÷ (Weighted average cost of capital - Growth rate)
Firm's value = $4.7 million ÷ ( 10.8% - 3.7%)
= $4.7 million ÷ 7.1%
= $66,197,183
Stock price = (Firm value - Debt) ÷ Number of shares
= ($66,197,183 - $33,100,000) ÷ 3,000,000
= $33,097,183 ÷ 3,000,000
= $11.03
Answer:
C ) Controls
Explanation:
According to my research on the different safety features that organizations take in order to deal with hazards and other risks, It can be said that based on the information provided within the question the term being described/defined is called Controls. These are programs consisting of all the steps needed in order to protect employees from different hazards or associated risks.
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Explanation:
Answer:
Standard hours= 1,200 hours
Explanation:
Giving the following information:
XYZ Corporation's standards call for 1,000 direct labor-hours to produce 250 units of product.
During October the company worked produced 300 units.
<u>First, we need to calculate the standard hour per unit:</u>
Standard hour per unit= 1,000 / 250= 4 hours per unit
Now, the standard hours allowed for 300 units:
Standard hours= standard hour per unit*number of units
Standard hours= 4*300
Standard hours= 1,200 hours
Answer: Encumbrance
Explanation: The commitment made by a governmental unit to buy some product for use in administration is recorded in the general fund as an encumbrance which is defined as an interest, right, burden or liability that must be carried. As such, an encumbrance ensures that there will be enough funds available for the payment of certain governmental obligations and commonly refers to restricted funds in the general fund account.