Answer:
Explanation:
Corcoran Corp. pays a constant $7.10 dividend on its stock. The company will maintain this dividend for the next 10 years and will then cease paying dividends forever. If the required return on this stock is 11 percent, what is the current share price
Given that:
Dividend = $7.10 dividend on its stock
Rate r = 11 percent
The company will maintain this dividend for the next 10 years
Answer:
Last one.
Explanation:
All the workers should know how to turn off the power in an emergency. Just in case there isn't one, there is the other.
Answer:
a) direct labor cost for job order costing and machine hours for process costing.
Explanation:
As we know that the predetermined overhead rate is the rate which is to be computed by considering the total estimated manufacturing overhead cost and the estimated activity level i.e machine hours, etc
Under the traditional costing, in case of job order costing it ts based on direct labor cost while in the process costing it is based on machine hours
Hence, first option is correct
Answer:
Answer A is correct
Explanation:
Step 1 find how much Steve will have when he retires:
financial calculator steps
press g 7 (to set the calculator to assume payments are made at the beginning of the period)
8 i (interest earned)
46 n (periods remaining)
-2500 pmt (payment made into the account each period)
0 PV (starting balance of account)
solve for FV
FV = $1,129,750.38
We can now use this value to solve backwards
8 i
41 n (only 41 more payments here)
0 PV (starting balance)
1,129,750.38 FV (ending value)
solve for pmt
pmt = 3,725.55 ~ 3,726 so answer A
