The total annual dividend received is $60.
The computation of the total annual dividend is as follows:
Given that
There are 75 shares.
And, the quarterly dividend is $0.20.
So,
The annual dividend should be
= $0.20 × 4 quarters
= $0.80
Now the annual dividend is
= 75 shares × $0.80
= $60
Therefore we can conclude that the total annual dividend received is $60.
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Answer and Explanation:
a. The computation of the weighted average contribution margin ratio is shown below:
The Contribution margin ratio is
= (Combined contribution ) ÷ (Sales)
= ($60,000 + $180,000) ÷ ($1,000,000)
= ($240,000) ÷ ($1,000,000)
= 0.24
b. Now the break even point in dollars is
= Fixed cost ÷ contribution margin ratio
= $300,000 ÷ 0.24
= $1,250,000
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
lower
Explanation:
A natural monopoly appears when there are high entry costs like large infrastructure costs or economies of scale where a company can provide the products at a lower costs than others which provides a big advantage to the firm in the market and makes it difficult for any potential competitor to be able to compete. According to that, the answer is that a natural monopoly exists when a single seller experiences lower average total costs than any potential competitor as this represents a barrier for the competitor to be able to enter the market.
Answer:
32.88%
Explanation:
For computing the rate we need to apply the RATE formula i.e to be shown in the attachment below:
Given that,
Present value = $42,000
Future value or Face value = $0
PMT = $4,154.50
NPER = 12 months
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after applying this above formula, the rate is
= 2.74% × 12 months
= 32.88%
Answer:
Adjustments for enterprise fund-basis statements from their original modified accrual basis would not be included in the required reconciliation of the Governmental Fund Balance Sheet to the governmental activities Statement of Net Position.