Answer:
The target stock price in year 1 is $51.12
Explanation:
Given SE = $6 MIL, NI= $906 000, Div= $408180, Shares= 200000, PE ratio= 24 , SP =?
W e will use the price earning ratio as we are are given the benchmark PE ratio and this ratio measures the stock price relative to it profits
PE = Stock price / Earnings per share
Need to calculate Earnings per share
EPS = net Income - dividends/ oustanding Shares
=906000-480180/200000
=$2.1291/$2.13
Sustitute in the formula for PE ratio
24 = Stock Price/2.13
Stock Price = $51.12
Therefore the target stock price in year 1 is $51.12
Explanation:
In a geometric series the first term is 36, the last term is 16 and the sum of
the series is 76. Determine the common ratio and the number of terms in the
sequence
Answer: Simple interest is calculated only on the principal amount, when compounded is calculated on the principal amount and the interests.
Explanation:
Hi, the difference between compounding and simple interest is that the simple interest is calculated only on the principal amount deposited, the original amount.
A = P (1 + rt)
In the other hand, compounded interest is calculated on the principal amount and in the accumulated interests of the different periods (interest on interest)
A = P (1 + r/n) (nt)
n is the number of times that interest is compounded per unit t
Answer:
o It could be easily guessed.
Explanation:
Staying safe while surfing the web or making accounts in the virtual world is an act that needs careful consideration and planning. There have been many instances of cyber thefts that steal people's details and even personal information and used for other dangerous acts.
Lauren's act of making "Computer1" as her password makes it so easy to predict or guess. Passwords are meant to secure one's details from such cyber attacks. And so, if Lauren used a simple and easy "lock" to secure her account, then there is a high chance that her account will be hacked and information stolen. So, <u>Lauren's mother's suggestion of changing her password for all of her online accounts is because she feared that her current password is too easy to be guessed.
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Answer:
The answers are:
The total conversion costs were $59,400
The total costs of units completed were $117,000
Explanation:
The total conversion costs are direct labor and factory overhead:
- total conversion costs = $49,500 + $9,900 = $59,400
To calculate the total costs of units completed we must first calculate the equivalent units completed.
- 9,000 units were 100% completed
- 3,000 units were only 30% completed, which are equivalent to 900 units completed (3,000 x 30%).
Now we calculate the conversion costs per unit completed by dividing the total conversion costs over the equivalent units completed:
- $59,400 / 9,900 units = $6 conversion costs per unit completed
To calculate the materials costs per unit, we divide the total materials costs by the total units that entered production (since materials are added at the beginning of the production process):
- $84,000 / 12,000 units = $7 materials costs per unit completed
Now we have the total costs per unit completed $13 ($6 + $7) and to calculate the total cost of units completed we multiply 9,000 units x $13 = $117,000.
