Answer:
$18.33
Explanation:
Given that
Expected dividend pay in next year = $2.20
Required rate of return = 12%
The formula and the computation of the value of a stock are shown below:
Value of a stock = Expected dividend pay in next year ÷ required rate of return
= $2.20 ÷ 12%
= $18.33
Simply dividing the Expected dividend pay in next year by the required rate of return to get the value of a stock.
Answer:
The price of a U.S. postage stamp has increased approximately <u>63%</u> in terms of Indian rupees and <u>10%</u> in terms of Chinese yuan.
Explanation:
the exchange rate between the US dollar and the Indian rupee:
April 2011 = 45.54 Indian rupees per dollar x $0.41 = 18.67 Indian rupees
April 2016 = 66.16 Indian rupees per dollar x $0.46 = 30.43 Indian rupees
change in Indian rupees = (30.43 - 18.67) / 18.67 = 63%
the exchange rate between the US dollar and the Chinese yuan:
April 2011 = 6.61 Chinese yuan per dollar x $0.41 = 2.71 Chinese yuan
April 2016 = 6.48 Chinese yuan per dollar x $0.46 = 2.98 Chinese yuan
change in Chinese yuan = (2.98 - 2.71) / 2.71 = 10%
Answer:
Sell their products at lower net prices abroad than in the domestic market
Explanation:
Variable costing is a product costing method where only the variable manufacturing cost like the cost of direct materials ,labor and the variable manufacturing overhead are factored into the cost of production. This does not consider a complete cost like the absorption method of costing and as a result , the final overall cost is lower,
Using variable cost males it possible to sell products at lower net prices abroad compared to the domestics market as the tax laws of various country requires absorption method , hence it is not captures using variable costing.
Answer:
Explanation:
The classified balance sheet comprises of the assets, liabilities, and stockholder equity. With the help of the accounting equation, the total assets are equal to the total liabilities including stockholder's equity.
The assets are further divided into current assets, fixed assets, and intangible assets. Similarly, the liabilities are also further divided but they do not have any intangible liabilities.
The preparation of the partial balance sheet is presented in the spreadsheet. Kindly find the attachment below:
Answer:
(D) Annual depreciation will be $11000
And book value will be $38000
Explanation:
We have given Kansas purchased equipment for $60000
So Acquisition cost = $60000
Residual value = $5000
We know that annual depreciation is given by
Life time = 5 years
Annual depreciation expense 
Depreciation expense is the same every year under straight-line. Therefore, in 2013 the depreciation expense is $11,000
Book value is given by
Book value = Acquisition Cost - Accumulated Depreciation
= 
The Book Value of the asset is therefore $38,000 after 2 years of service