Answer:
Dividend yield is 4.79%
Cost of equity is 11.64%
Explanation:
The dividend yield on Krell Industries share price is the dividend of $1.09 divided by the price of the share today of $22.77
dividend yield=$1.09/$22.77=4.79%
The equity cost of capital can be calculated from the share price formula given below by changing the subject of the formula to cost of equity,r.
stock price=Do*(1+g)/r-g
Do is the dividend paid this year of $1.09
g is the dividend growth of dividend which is computed thus:
g=share price at end of the year-share price now/share price now
g=($24.33-$22.77)/$22.77=6.85%
r is the unknown
stock price is $24.33
24.33=1.09*(1+6.85%)/(r-6.85%)
24.33=1.164665
/r-6.85%
r=(1.164665
/24.33)+6.85%
r=11.64%
Answer:
16.31 times
Explanation:
The computation of the inventory turnover is shown below:
Inventory turnover ratio = Cost of goods sold ÷ average inventory
where,
Cost of goods sold is $20,720
And, the average inventory is $1,270
So, the inventory turnover ratio is
= $20,720 ÷ $1,270
= 16.31 times
All other information that is given in the question is not relevant. Therefore, we ignored it
The true sentence about the debit cards is that they <span>allow to draw funds directly from the bank account - that is, they provide money that is already in the account.
In comparison, credit cards take money from a credit, that is, a loan, which has the be re-paid.
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Complete Question :
Michael is in sales meeting with a potential client. The client is interested in the
product but is concerned that the product costs 15% more than the competitor's.
How should Michael handle this sales situation?
A.) Offer the client a 20% discount.
B.) Ask the client how much he or she would be willing to pay for the product.
C.) Show the client the better warranty and quality that comes with the slightly
higher cost.
D.) Say "Thanks for your time" and leave
Answer: C.) Show the client the better warranty and quality that comes with the slightly
higher cost.
Explanation: The fact that Michael's product costs 15% more than the price of it's competitor doesn't spell the end of the deal. What Michael needs to explain and make clear to the client in the sales meeting are the vague distinctions which exists between what his own product offering and that of it's competitors. Michael needs to let the potential buyers understand and get clearly the additional offers, quality or performance associated with his own product which ultimately accounts for the higher cost of his own product.
Answer:
The product cost for 24,500 units is $497,350.
Explanation:
The reason is that the the product cost always includes all the variable production cost and specific fixed production cost. In this scenario, direct material cost, direct labor cost, variable manufacturing overhead cost are variable production cost whereas the fixed manufacturing cost is specific fixed production cost which will form part of product cost. The remainder of the cost left is period cost.
Direct materials (24,500 * $7.7 per unit) $188,650
Direct labor (24,500 * $4.7 per unit) $115,150
Variable manufacturing overhead (24,500 * $2.2 per unit) $53,900
Fixed manufacturing overhead (24,500 * $5.7 per unit) <u>$139,650 </u>
Total product costs $497,350
