Answer:
Sunland Company
Cost of goods manufactured Schedule
For the year ended
Work in progress 15,470
Direct Materials
Raw material 22,250
Add: Raw material purchased <u>154,500</u>
Total raw material available for use 176,750
Less: Raw material inventory <u>32,850</u>
Direct material used 143,890
Direct labor 225,290
Manufacturing overhead <u>183,120</u>
Total manufacturing costs <u>552,300</u>
Total cost of work in progress 567,770
Less: Work in process inventory <u>18,560</u>
Cost of goods manufactured <u>549,210</u>
Pretty sure it’s B since Marcos is using cash
Answer:
current price of stock = $40
Explanation:
given data
expected dividend = $4.00
required return = 15% = 0.15
growth rate = 5% = 0.05
to find out
current price of stock
solution
we get here current price of stock that is express as
current price of stock = 
....................1
here r is required return and g is growth rate and D is expected dividend
put here value in equation 1 we get
current price of stock = 
current price of stock = $40
<span>Relationship-specific adaptations are usually not required when the buying organization uses outsourcing.
False</span>
Answer:
The stock is undervalued. As the required rate of return (6.5%) on market is less than the actual return (7%), the stock is said to be undervalued as it provides an actual return greater than the required rate of return.
Explanation:
To check if a stock is over valued, undervalued or correctly valued, we simply compare the required rate of return on a stock as measured by CAPM with the actual return on the stock.
We can calculate the required rate of return using CAPM equation. The formula for required rate of return under CAPM is,
r = rRf + Beta * (rM - rRF)
Where,
- rRf is the risk free rate
- rM is the return on market
r = 0.05 + 0.5 * (0.08 - 0.05)
r = 0.065 or 6.5%
As the required rate of return on market is less than the actual return, the stock is said to be undervalued as it provides an actual return greater than the required rate of return.
