Answer:
$500
Explanation:
Accrued interest is the accumulated interest earned on savings. In a savings plan, interest earned increases the balance of the account. At the end of a period, the balance will be the amount saved plus the accrued interest. If an account is not earning interest, only the amount saved will reflect on the account.
If $30,000 is the amount required, it will be divided by the number of months in saving duration. The saving duration is 5 years, every month, a total of 60 months
every month, you will set aside $30,000 divide by 60 months
=$30,000/60
=$500
Answer:
Brand equity, like that enjoyed by coca-cola, results from favorable consumer experience with a product.
Explanation:
Brand equity is a term that describes the value of a brand based on the reputation of its products in the market. As in the case of the coca-cola brand equity is achieved because the product is liked by a huge number of customers.
Brand equity also has a wide effect on the financial status of a company. The product that is more valued will be sold more. Even increasing the price for that product wouldn't matter as the brand would already have set its name in the market.
The current price of the stock is $68.04. The most recent price at which a security was sold on an exchange is the current price.
<h3>Does the market price match the present pricing?</h3>
Both buyers and sellers use the current price as a benchmark. The asking price is a good reflection of current worth, but depending on supply and demand, the actual selling price could be greater or lower.
The current price, often known as the "market price," is the cost that was most recently exchanged for a share or unit of security, coin, good, or precious metal that is traded on an exchange. The market capitalization, or "market cap," of a firm is calculated using the market price per share.
Given:
Current Price = D1/(ke - g)
D1 = 3.10 × (1 + .0425)
ke = 9%
g = 4.25%
Current price = 3.10 × (1+.0425)/(9% - 4.25%) = $68.04
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Answer:
Horizontal analysis
Explanation:
Horizontal analysis is the analysis of financial statements , comparison of financial ratios, or line items over accounting periods.
<span>Rose company is preparing its direct labor budget for May. Projections for the month are that 8,350 units are to be produced and that direct labor time is three hours per unit. If the labor cost per hour is $9. What is the total budgeted direct labor cost for may?
To solve:
Each unit is going to take 3 hours to make. So, multiply the cost per hour by the amount of hours it will take ($9)(3) = $27 per unit.
Then, multiply the cost per unit, by the amount of units to be produced ($27)(8,350) = $225,450</span>
