Answer: $0
Explanation:
Forward contracts get their value from the cost and on December 1, there was no cost to Curtis as he Curtis had just signed the contract.
This means that the amount that should be recorded for the Forward Contract should be $0. Even though the contract is valued at $0, it will still need to be credited against the amount to be received to at least recognize that a forward contract was entered into.
The required rate of return on the stock of Dell company is come out to be 8.89%.
<h3>What is a stock?</h3>
Stock represents the number of shares being owned by an investor in the company on which it gets the dividends.
Given values for step 1:
The required rate of return: 12%
Beta factor: 1.40
Risk-free rate: 4.75%
<u>Step-1</u> Computation of market risk premium:
Given values for step 2:
Market risk premium: 5.18%
Beta factor: 0.80
Risk-free rate: 4.75%
<u>Step-2</u> Computation of required rate of return:
Therefore, the return of 8.89% comes out to be the required rate of return for the stock of Dell Company.
Learn more about the required rate of return in the related link:
brainly.com/question/14667431
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Answer: market segmentation
Explanation:
Market segmentation is placing potential customers into groups based on their characteristics.
The segments created may depend on similar interests, needs, or locations.
Answer:
option (D) $21.66
Explanation:
Data provided in the question:
Basic direct labor rate per hour = $12.68
Payroll taxes = 13% of basic direct labor rate
Fringe benefits per hour = $7.33
Now,
The standard rate per direct labor hour
= Basic direct labor rate per hour + Payroll taxes + Fringe benefits per hour
= $12.68 + ( 13% of $12.68 ) + $7.33
= $12.68 + $1.6484 + $7.33
= $21.6584 or $21.66
Hence,
The correct answer is option (D) $21.66
Answer: The accounts receivable turnover is computed using the formula below: Net credit sales divided by Average accounts receivable
Explanation: The accounts receivable turnover ratio is a measure used to quantify a company's effectiveness in managing its receivables collections or amount owed by clients. The following steps are involved in calculating the accounts receivables turnover:
- Get the accounts receivable at the beginning and end of the desired periods and divide by 2 to get the average, which is the denominator in the formula above.
- Then get the net credit sales, which is the total sales revenue done on credit to customers, after backing out customers' returns
High accounts receivable turnover ratio means the company's collection process is highly effective while the low ratio signifies the opposite.
