An equilibrium price is where the quantity of goods supplied is equal to the quantity of goods demanded. So if supplies of the said product goes down the equilibrium will go down and the price and demand will be higher.
Answer:
Net operating income= $159,900
Explanation:
Giving the following information:
Sales revenue= $21.00
Variable costs= $8.00
Fixed costs 13,000
<u>For 13,300 units</u>:
Sales= 21*13,300= 279,300
Total variable costs= 8*13,300= (106,400)
Total contribution margin= 172,900
Fixed costs= (13,000)
Net operating income= 159,900
Answer:
$431,600
Explanation:
Calculation of Gross Estate of Felipe
Items Amount($)
Cash at bank $12,000
ABC BOND $5,000
Office building $300,000
Stock in Leck Corporation $10,000
Personal residence (50% include) $80,000
Accrued rent on office building $24,000
Accrued rent on bond $200
Outstanding dividend <u>$400 </u>
Gross estate <u>$431,600</u>
I believe your answer is:
Cross Sourcing
Hope it helped!
Answer:
The dividend in the upcoming year should be $2.40
Explanation:
Given:
EPS(Earnings Per Share) = $8
Expected ROE(return on equity) = 18%
Appropriate required return = 14%
Plowback ratio = 70%
Required:
Find the dividend
To find the dividend, we need to first calculate the dividend payout ratio.
To find the dividend payout ratio, use the formula below:
Dividend payout ratio = 1 - plowback ratio
= 1 - 0.70
= 0.30 ≈ 30%
The dividend payout ratio is 30%
Therefore, the dividend for the upcoming year would be calculated using the formula below:
Upcoming dividend = upcoming EPS × dividend payout ratio
= $8 × 30%
= $2.4
The dividend in the upcoming year should be $2.4
