answer options ? I cant answer without options lol
Answer:
Stock value today = $1.21
Explanation:
Current Dividend = D
= $1.13
After 5 years that is D
= $0.50
Since expected growth = 0
Therefore
P
= D / Ke = 0.5/18% = $2.77
Its present value will be 
= $1.21
Stock value today = $1.21
Answer and Explanation:
The journal entries are shown below:
1 Equipment $53,420
To Cash $53,420
(Being the equipment is purchased for cash is recorded)
The computation is given below:
= Cash price of machine + sales tax + shipping cost + insurance during shipping + installation and testing cost
= $49,500 + $3,650 + $100 + $60 + $110
= $53,420
2. Depreciation expense $9,614
To Accumulated Depreciation - Equipment $9,614
(Being the depreciation expense is recorded)
The computation is shown below:
= ($53,420 - $5,350) ÷ ( 5 years)
= $9,614
Answer:
$5,160
Explanation:
Predetermined Overhead Rate on Capacity = Total Estimated Manufacturing Overhead / Estimated Capacity for the Year
Predetermined Overhead Rate on Capacity = $34,840 / 29,000 MH
Predetermined Overhead Rate on Capacity = $1.20 MH
Actual use of capacity = 24,700 hours
Unused hours = 29,000 hours - 24,700 hours
Unused hours = 4,300 hour
Cost of unused capacity = 4,300 hours * $1.20 MH
Cost of unused capacity = $5,160
Answer:
Personal liability
Explanation:
Jeri and Knute are shareholders in lighthouse tours LLC. As lighthouse tours LLC is a limited liability company, Jeri and Knute enjoy limited liability.
Legally, lighthouses LLC is independent of its shareholders. It has the right to own assets and incur liabilities. Should the company get to the dissolution stage, its assets will be used to settle its obligations. If the assets of the company are not sufficient, the shareholders' private properties cannot be used to pay the debts. Jeri and Knute will be liable only to the extent of capital contribution.
