Setting goals and objectives provides the guidance and direction, Motivates and inspires the employees, Facilitates planning and also helps organizations evaluate and controls the performance.
Answer:
5.7 1
Explanation:
Given:
- Earning expect: $100,000
- Grow rate: 3% = 0.03 (g)
- Discount rate: 10% = 0.1 (r)
- Number of shares: 250,000
We need to find the EPS because all of the earnings are paid out as dividends
= $100,000/250,000 shares
= $0.4
=> Current price:
P = D1 / (r-g)
<=> P = 0.4 (0.1 - 0.03) = 5.7 1
So the price per share of stock is 5.7 1
Hope it will find you well
Answer:
The annual financial disadvantage is $62,560
Explanation:
<u>Analysis of the Costs of Producing Internally and Buying from External Supplier.</u>
Producing Internally External Supplier
Direct materials $3.50 $0
Direct labor $8.10 $0
Variable manufacturing overhead $8.60 $0
Supervisor's salary $4.00 $0
Depreciation of special equipment $2.40 $0
Allocated general overhead $7.60 $7.60
Extra contribution $0 ($2.19)
Purchases Cost $0 $32.70
Product Cost $34.20 $38.11
<u>Conclusion :</u>
We can see that the Product Cost to produce the part internally costs $3.91 less than the cost to purchase from external supplier. Therefore Sewtfi861 Corp has a disadvantage.
Annual disadvantage = 16,000 units × $3.91
= $62,560
Answer:
Debit to cost of goods sold and credit to factory overhead
Explanation:
Here we are interested in knowing the appropriate journal entry when the factory overhead is under applied.
What happens to the factory overhead journal in this case is that the we should have an adjusting journal entry.
The adjusting journal entry here is that we debit cost of goods sold and credit factory overhead
Correct/Complete Question:
Florida has an agreement with some other states which recognizes the similarity in education and experience requirements for licensees. What is the agreement called?
(a) Reciprocity
(b) Mutual recognition
(c) Cooperative licensure
(d) Intrastate licensing
Answer:
B, Mutual recognition
Explanation:
Mutual recognition agreement is an agreement that exists between two or more governments that has all parties agree to recognize each other's assessment results.
As regards the state of Florida in the question, it has mutual recognition agreements with other state(s) in the the area of education and licensing.This means that Florida state has a the process if licensing a real estate agent.
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