Answer:
It appears on a consumer's credit report for up to 10 years
Explanation:
Bankruptcy is a legal means of declaring that a person or business cannot repay its debts.
The cost of filing for bankruptcy is that it damages credit and appears on a consumer's credit report for up to 10 years after it has been filed.
Answer:
Production manager
Explanation:
In the firm or company, the duty of the production manager is to ensure that the manufacturing processes should run efficiently as well as reliably. In short, it means to ensure that the operations are being done through the employees, follow the limitation, which is created in the budget. The production manager will ensure that the firm will accomplish all the objectives by maintaining the profitability at the same time.
The responsibilities of the job involve, organising as well as planning the production, negotiates and create budgets and the timescales with managers and clients.
Answer:
FIFO
Explanation:
FIFO inventory system means the first purchased inventory are the first to be sold.
The LIFO inventory system means the last purchased inventory are the first to be sold.
The average cost inventory system means that the average cost of inventories are used as the cost of the goods sold.
For example, if a business has a beginning inventory of 5 biros at $2 each. On the first of December, the business purchased 10 pens at $2.50. On the 10th, 5 pens were purchased at $3. 15 pens are sold at $5 each. If the FIFO inventory system is used, the cost of goods sold would be = (5×$2)+(10×$2.50) = $35
Total revenue = $75
Net profit = $40.
If the LIFO inventory system is used, the cost of goods sold =(10 × $2.50) + (5×$3) = $40
Net profit = $35
The net profit is higher using the FIFO method.
I hope my answer helps you
Answer: Option (B) is correct.
Explanation:
Given that,
Coolant (used in the office air-conditioning system) cost = $15,000
Property taxes on factory building = $45,000
Depreciation on trucks = $10,000
Salary paid = $2,000
Period cost = Coolant cost + Depreciation on trucks
= $15,000 + $10,000
= $25,000
Answer:
B
Explanation:
Let analyse the answer option one by one:
A. False
Recalling the dividen discounted model (DDM):
<em>Current stock price = Next year dividend/(Required rate of return - Dividend growth rate) </em>
Transform the formula a bit we have:
<em>Next year dividend/Current stock price = Required rate of return - Dividend growth rate </em><em>or</em>
<em>Dividend yield = Required rate of return - Dividend growth rate = 12% - 5% = 7%.</em>
B. True
C. False
Stock price is the present value of all expected future dividends, discounted <u>at cost of equity</u>.
D. False
The constant growth model <u>can be</u> used for a zero growth stock, where the dividend is expected to remain constant over time. In this case:
<em>Current stock price = Dividend/Required rate of return</em>
E. False
This model is suitable for mature firm with stable earning growth.
