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3 years ago

What is the function of a purchasing cooperative, or co-op?

1 answer:

8 0

Cooperatives are utilized by individuals to market and process their ranch developed products, and centers regularly increase the value of the crude wares. Cooperatives regularly have marked items and a few cooperatives perform two or the majority of the elements of acquiring, promoting, and benefit in the interest of their individuals.

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Dexter Metals, paid its first annual dividend yesterday in the amount of $0.18 a share. The company plans to double each annual

skad [1K]

Answer:

The price per share of this stock is $13.20

Explanation:

Using the dividend discount model, we can calculate the price per share today of this stock. The DDM values a stock based on the present value of the expected future dividends of the stock discounted using the required rate of return on the stock. The price o=per share today for this stock is,

P0 = 0.18 * (1+1) / (1+0.1024) + 0.18 * (1+1)^2 / (1+0.1024)^2 +

0.18 * (1+1)^3 / (1+0.1024)^3 + 1.25 / (1+0.1024)^4 + 1.25 / (1+0.1024)^5 +

(1.60 / 0.1024) / (1+0.1024)^5

P0 = $13.20

8 0

4 years ago

For 2018, Gourmet Kitchen Products reported $23 million of sales and $18 million of operating costs (including depreciation). Th

Helen [10]

Answer:

$1,750,000

Explanation:

Economic value added (EVA) = Net operating profit after taxes - Invested capital * Cost of capital

Economic value added (EVA) = [($23,000,000 - $18,000,000)*(1 - 0.35)] - [$15,000,000*10%]

Economic value added (EVA) = $5,000,000*(0.65) - $1,500,000

Economic value added (EVA) = $3,250,000 - $1,500,000

Economic value added (EVA) = $1,750,000

Hence, the management add the value of $1,750,000 to stockholders' wealth during 2018.

7 0

4 years ago

In a job order cost system, it would be correct in recording the purchase of raw materials to debit Finished Goods Inventory. Ra

Brilliant_brown [7]

Answer:

In a job order cost system, it would be correct in recording the purchase of raw materials to debit

Raw Materials Inventory.

Explanation:

When materials are initially purchased, the cost is debited to the Raw materials inventory account and credited to either Cash or Accounts Payable, depending on the trade terms. When the materials are assigned to work in process, it is debited to Work in Process Inventory and to Jobs and credited to Raw materials Inventory. Finished Goods Inventory is only debited for completed jobs. Manufacturing Overhead is debited for all indirect costs.

4 0

4 years ago

Which of the following companies would be best served by a plantwide overhead rate? Multiple Choice A company that manufactures

Anna [14]

Answer:

A company whose products differ in batch size and complexity and consume different amounts of overhead resources

Explanation:

Plantwide overhead rate is the overheads absorption rate calculated based on the total entity activity. This is ideal when when product consume overheads in same manner but in different quantities.

7 0

3 years ago

Which of the following is generally true about financial intermediaries?

Viefleur [7K]

Answer:

B) Intermediaries provide information to savers and investors.

Explanation:

The other options are incorrect,

A) Intermediaries decrease the level of risk for investors

C) Intermediaries channel money from savers to investors

D) Intermediaries are private agencies

6 0

3 years ago