The best saving account that Anthony should take is letter D, daily compounding. Daily compounding could provide him the best rate of return to his interest and this could provide him the interest that he deserves every time he deposits money on his bank account. This could not only be best in returning his interest but it could also provide the interest he deserves.
Answer:
The correct answer is option (b) $5400
Explanation:
Solution
Calculation of the cost of direct material on May 1
Now,
The starting work In process inventory = Direct materials Cost + Direct labor Cost + Manufacturing overhead applied on W.I.P
13,500 = Direct materials cost + 4500 + 3600
Thus,
Direct material cost = 13500 - 4500-3600 = $5400
Note: Direct labor cost = 300 * 15 = $ 4500
The manufacturing overhead = 300 hour * $12 = $ 3600
So, only expenses associated to work in process will be considered, hence only direct labor and manufacturing overhead are used to work in process are considered.
On November 23rd, an officer of MNO Corporation wishes to sell stock under Rule 144. MNO has 50,000,000 shares outstanding. The previous weeks' trading volumes are:
Week Ending Volume
Nov 21 : 500,000 shares
Nov 14 : 525,000 shares
Nov 7 : 485,000 shares
Oct 31 : 450,000 shares
Oct 24 : 400,000 shares
If the Form 144 is filed today, the maximum sale is:
Answer:
500,000 shares
Explanation:
Given that: according to rule 144, which enables the sale of the greater of 1% of the outstanding shares or the weekly average of the preceding 4 weeks trading volume every 90 days.
Then, we have 1% of 50,000,000 shares = 500,000 shares. The last 4 weeks' trading volumes are:
500,000 shares
525,000 shares
485,000 shares
450,000 shares
1,960,000 shares / 4 weeks = 490,000 share average
Therefore, the greater amount is 1% of outstanding shares, which is 500,000 shares.
The phrase that describes his investment strategy is "Risky and Long term investor".
Basically, an investment strategy refers to set of rules, behaviors or procedures which are designed to guide an investor's on the selection of an investment portfolio.
- Majority of investors fall between lower risk investor, moderate risk investor and higher risk investor.
- The portfolio that he invests in ( stocks and high-yield bonds) is an example of high risk portfolio
In conclusion, the phrase that describes his investment strategy is "<em>Risky and Long term investor</em>"
Read more about investment strategy:
<em>brainly.com/question/1101043</em>
Answer:
Price we are wiling to pay = $46.429
Explanation:
Hi, this can be calculated using the dividend discount model
Stock price we are willing to pay = D / (r - g) where,
D = Dividend
r = required rate of return of investor
g = growth
So working the formula gives us,
Price = 1.95 / (0.085 - 0.043)
Price = $46.429
This is the price we are willing to pay.
Hope that helps.
