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tatuchka [14]
3 years ago
15

For example, administrative expenses should be $3,700 per month plus $41 per course plus $7 per student. The company’s sales sho

uld average $860 per student. The company planned to run four courses with a total of 63 students; however, it actually ran four courses with a total of only 61 students. The actual operating results for September appear below: Actual Revenue $ 51,280 Instructor wages $ 11,160 Classroom supplies $ 17,490 Utilities $ 1,900 Campus rent $ 4,900 Insurance $ 2,440 Administrative expenses $ 3,731 Required: 1. Prepare the company’s planning budget for September. 2. Prepare the company’s flexible budget for September. 3. Calculate the revenue and spending variances for September.
Business
1 answer:
JulijaS [17]3 years ago
7 0

You have to put all together, divide and multiply

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We have to calculate the price of the stock in the 4th year because the investor cannot afford the stock in another 3 years.

Price of the stock = Do + g / ke - g

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Dividend after 1 year = 1.2 +2.5% (1.2)= 1.23

Dividend after 2 years = 1.23 + 2.5%(1.23) = 1.26075

Dividend after 3 years = 1.26075 + 2.5%(1.26) = 1.29227

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Therefore, for 100 shares, the mount that should be paid = 17.66 * 100 = $1766

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