Answer:
$24.587
Explanation:
Given:
Annual dividend paid = $1
Expected growth rate for 2 years = 25% = 0.25
After 2 years growth rate = 5%
required return for deployment specialists = 11.0%
Now,
At the end of year 1, Expected dividend on stock = $1 × (1 + 25% ) = $1.25
At the end of year 2, Expected dividend on stock = $1.25 × (1 + 25%)
= $1.5625
At the end of year 2, Expected dividend on stock = $1.5625 × (1 + 5% )
= $1.640625
and,
Value of stock at the end of Year 2 =
=
= $ 27.34375
Therefore,
The Intrinsic value of stock =
= 1.1261 + 23.4610
= $24.587
Answer: $950 Unfavorable
Explanation:
Following the information given in the question, the budgeted operating cost will be calculated as the addition of the fixed cost and the variable cost given and this will be:
= $2,980 + ($328 × Level of activity)
= $2980 + ($328 × 20)
= $2980 + $6560
= $9540
Since the actual operating cost is $10,490, then the Spending Variance for the vehicle operating cost will be:
= Flexible Budget - Actual Budget
= $9,540 - $10490
= $950 Unfavorable
Amount will be recognized as net accounts receivable on the balance sheet as of November 30-- $2730
Explanation:
First of all, the order received from Tinley High School has not been delivered by the end of November ,hence the value of the order is irrelevant for the purpose of calculating net accounts receivable at the end of November.
However, out of the goods of $3080 sold to Palos Middle School,$350 worth has been returned as defective,leaving a balance of $2730 ($3080-$350).
For Palos to be entitled to the discount of 2% they should have made payment by 24th November,which never happened,as a result the accounts receivable stay at $2730.
What Is Net Receivables?
Net receivables are the total money owed to a company by its customers minus the money owed that will likely never be paid. Net receivables are often expressed as a percentage, and a higher percentage indicates a business has a greater ability to collect from its customers.
How do you calculate net accounts receivable?
You calculate net receivables by subtracting allowance for doubtful accounts from accounts receivable (A/R) on the balance sheet. The formula is A/R – allowance = net receivables.
Learn more about balance sheet :
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Answer:
Predetermined manufacturing overhead rate= $53,75 per machine hour
Explanation:
Giving the following information:
Order size:
Estimated activity cost= $585,866
Estimated machine hours= 10,900
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 585,866/10,900
Predetermined manufacturing overhead rate= $53,75 per machine hour
Answer:
Firms use competitive or brand advertising when a product enters the growth phase of the product life cycle and other companies begin to enter the market place.