Answer and Explanation:
The computation is shown below:
Total material cost variance
= (Standard quantity × standard price) - (actual quantity × actual price)
= (4,000 tiles × 2 pounds of material × $4) - (8,800 pounds × $35,640 ÷ 8,800 pounds)
= (8,000 pounds × $4) - ($8,800 pounds × $4.05)
= $3,640 unfavorable
For material price variance
= Actual Quantity × (Standard Price - Actual Price)
= 8,800 × ($4 - $4.05)
= $440 unfavorable
For material quantity variance
= Standard Price × (Standard Quantity - Actual Quantity)
= $4 × (8,000 pounds - 8,800 pounds)
= $3,200 unfavorable
The favorable variance is that in which the standard cost is more than the actual cost and the inverse goes to unfavorable variance
Answer:
engagement, conversion
Explanation:
Blog refers to a web page run by an individual or small group with the purpose of marketing. Blog targets to the specific audience.
In the given question,
Pedro is using a blog to promote his Afro-Cuban band. His main purpose is to bring people to the online store where they can purchase CDs.
For Pedro, the two most important measurements he tracks are <u>engagement</u> and <u>conversion</u>
Answer:
$40 million
Explanation:
The computation of stock price is shown below:-
For computing the stock price first we need to compute the firm value which is below:-
Firm value = Free cash flow-1 ÷ (Weighted average cost of capital - Growth rate)
= $70.0 million ÷ (10% - 5%)
= $70.0 million ÷ 5%
= $1,400 million
Stock price = (Firm value - Debt) ÷ Number of shares
= ($1,400 million - $200 million) ÷ 30 million
= $1,200 million ÷ 30 million
= $40 million
Answer:
The value per share of common stock today is $23.94
Explanation:
To calculate the worth of the stock today, we first need to calculate the value of firm using FCF and then calculate the value of equity by deducting the market value of debt and preferred stock from the value of firm. Then we will divide the value of equity by the number of common stock shares.
Value of firm will be calculated using the discounted cash flows model approach. The value of firm will be,
Value of firm = 780000 * (1+0.1) / (1+0.13) + 780000 * (1+0.1) * (1+0.08) / (1+0.13)^2 + 780000 *(1+0.1)*(1+0.08)*(1+0.07) / (1+0.13)^3 +
[ 780000 *(1+0.1) *( 1+0.08) *(1+0.07) *(1+0.06)) / (0.13 - 0.06)] / (1+0.13)^3
Value of firm = $12,577,754.16
Value of equity = $12,577,754.16 - (2000000 + 1000000) = $9,577,754.159
Value per share = $9,577,754.159 / 400000
Value per share = $23.944 rounded off to $23.94