6.29% is the rate of growth
<u>Explanation:</u>
<u>The following formula is used
</u>
Price = D1 / ke -g
39.86 = 1.2 multiply with (1 + g) / 0.095 - g
3.7867 – 39.86 g = 1.2 + 1.2 g
2.5867 = 41.06 g
Now, we have to calculate the value of g
g = 2.5867 divide 41.06
= 0.0629
= 6.29 %
Where:
G = growth, ke = market rate of return, D1 = dividend ( annual), P = price of the share of company
Actually the quartile represents in what rank or order the
team is when all the goals per team is arranged in ascending order. So for
example since the team is on the first quartile, so this means it is on the 25%
of the ranking. Hence we can say that:
“the team scored fewer goals per game
than 75% of the teams in the league”
Answer:
The answer is: The ending balance in Finished Goods Inventory is $1,200
Explanation:
First we have to calculate the cost per chair produced, to do this we will find the total cost and divide by the number of chairs produced:
Units produced 100 chairs
- Direct materials $10 per unit x 100 = $1,000
- Direct labor 15 per unit x 100 = $1,500
- Variable manufacturing overhead 3 per unit x 100 = $300
- Total fixed manufacturing overhead $2,000
Total costs are $4,800 / 100 chairs = $48 per chair produced
There are 25 chairs left in finished goods inventory (FGI) = 100 - 75 = 25
The ending balance in FGI is = 25 chairs x $48 per chair = $1,200
True, because the more variables the better
