Answer:
Current price is equal to $16.575
Explanation:
It is given common dividend 
Growth rate = 2% = 0.02
Required rate of return = 10% = 0.1
Dividend paid in next year

Current price is given by 

Therefore current price is equal to $16.575
Answer:
encompasses allocating indirect costs to a cost object
Explanation:
Cost assignment -
It refers to the distribution of the cost in various objects and activities which initiate the proper bifurcation of the costs , is referred to as cost assignment .
The method is used in the activity - based costing .
It is also known as cost allocation .
All the direct and indirect cost are allotted with the help of cost assignment .
Hence , from the given information of the question ,
The correct answer is -
encompasses allocating indirect costs to a cost object .
Answer:
C. farmers would not be able to sell all their wheat.
Explanation:
At a price of $4, quantity supplied exceeds quantity demanded. Quantity supplied is 73 while quantity demanded is 50. There is an excess supply over demand. Therefore, farmers would not be able to sell all their wheat.
Equilibrium price is $2. This is where quantity supplied equals quantity demanded.
I hope my answer helps you
Answer:
B
Explanation:
Depreciation is the uniform decrease in the value of an asset over a period until the salvage value is reached.
It is given by :
Annual depreciation expense = (cost of asset - salvage)÷ useful life of the asset
Therefore the accumulated depreciation would not equal the original cost of the asset at the end of its estimated useful life because the salvage value will be deducted from cost of asset under declining-Balance.
To complete the above question, please see below:
Sub-Prime Loan Company is thinking of opening a new office, and the key data are shown below. The company owns the building that would be used, and it could sell it for $100,000 after taxes if it decides not to open the new office. The equipment for the project would be depreciated by the straight-line method over the project's 3-year life, after which it would be worth nothing and thus it would have a zero salvage value. No change in net operating working capital would be required, and revenues and other operating costs would be constant over the project's 3-year life. What is the project's NPV? (Hint: Cash flows are constant in Years 1-3.)
<span>WACC 10.0% </span>
<span>Opportunity cost $100,000 </span>
<span>Net equipment cost (depreciable basis) $65,000 </span>
<span>Straight-line depreciation rate for equipment 33.333% </span>
<span>Annual sales revenues $123,000 </span>
<span>Annual operating costs (excl. depreciation) $25,000 </span>
<span>Tax rate 35%
</span>
The answer is <span>12,271</span>