Answer:
The correct answer is A.
Explanation:
Giving the following information:
Activity Cost Pool Activity Measure Total Cost Total Activity
Machining Machine-hours $330,000 15,000 MHs
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
<u>Machinning:</u>
Predetermined manufacturing overhead rate= 330,000 / 15,000
Predetermined manufacturing overhead rate= $22 per machine-hour
<u>Machine setups:</u>
Number of setups $50,000 100 setups
Predetermined manufacturing overhead rate= 50,000/100
Predetermined manufacturing overhead rate= $500 per set-up
Answer:
B. $19.09
Explanation:
D1 = $0.50
D2 = $1.00
D3 = $1.50
D4 = $2.00
D5 = D4(1+g)
and <em>g</em> is given as 6%
D5 = 2.00(1.06) = 2.12
Next, find the PV of each dividend at a discount rate of 14%
PV(D1) = 0.50/(1.14) = 0.4386
PV(D2) = 1.00/(1.14²) = 0.7695
PV(D3) = 1.50/(1.14³) = 1.0125
PV(D4) = 2.00/(1.14^4) = 1.1842
Find the present value of the terminal value (D5 onwards);
PV(D5 onwards) = 
Sum up the PVs to find the current value of the stock;
= 0.4386 + 0.7695 + 1.0125 + 1.1842 + 15.6901
= 19.0949
Therefore, the current value = $19.09
Answer:
The first organised stock exchange in India was started in 1875 at Bombay and it is stated to be the oldest in Asia. In 1894 the Ahmedabad Stock Exchange was started to facilitate dealings in the shares of textile mills there. The Calcutta stock exchange was started in 1908 to provide a market for shares of plantations and jute mills.
Then the madras stock exchange was started in 1920. At present there are 24 stock exchanges in the country, 21 of them being regional ones with allotted areas. Two others set up in the reform era, viz., the National Stock Exchange (NSE) and Over the Counter Exchange of India (OICEI), have mandate to have nation-wise trading.
They are located at Ahmedabad, Vadodara, Bangalore, Bhubaneswar, Mumbai, Kolkata, Kochi, Coimbatore, Delhi, Guwahati, Hyderabad, Indore, Jaipur’ Kanpur, Ludhiana, Chennai Mangalore, Meerut, Patna, Pune, Rajkot.
The Stock Exchanges are being administered by their governing boards and executive chiefs. Policies relating to their regulation and control are laid down by the Ministry of Finance. Government also Constituted Securities and Exchange Board of India (SEBI) in April 1988 for orderly development and regulation of securities industry and stock exchanges.
Answer:C) a pierce of the corporate veil.
Explanation:piercing the corporate veil refers to the removal of the legal separation of shareholders and the corporation itself. In essence, the corporate veil is the legal standing in which you’re protected from the liabilities and debts of your business.
Simply speaking, this “veil” is recognized as a legal division of your personal assets and self from your business.
Corporate veils are only pierced when the shareholders or owners use the corporation in a fraudulent manner, or they fail to separate the business assets from their own. As a business owner, it is possible to pierce the corporate veil by not adhering to the formalities of owning a corporation.