Answer:
7.31%
Explanation:
Data provided in the question:
Annual dividend paid, D0 = $1.48
Dividend growth rate, g = 2.2% = 0.022
Current stock price per share = $29.60
Now,
Current price of share = D1 ÷ (r - g) .........(1)
Here,
r is the required rate of return
D1 = dividend at year 1 = D0 × (1 + g)
= $1.48 × (1 + 0.022)
= $1.51256
Therefore, from (1) we get
$29.60 = $1.51256 ÷ (r - 0.022)
or
(r - 0.022) = 0.0511
or
r = 0.0511 + 0.022
or
r = 0.0731
or
r = 0.0731 × 100% = 7.31%
Answer:
$222,450
Explanation:
Computation of annual income statement for Kvass Inc. is shown below
Sales revenue
$4,887,000
Less:
Selling and admn expenses
($1,052,000)
Other expenses
($249,300)
Advertising and promotion expenses
($553,350)
Salaries and wages expenses
($2,527,800)
Income tax expenses
($167,350)
Interest expense
($114,750)
Net income
$222,450
Answer:
B. $9
Explanation:
Based on the scenario being described within the question it can be said that the standard labor rate for the product in dollars per hour is that of $9. This can be calculated using by subtracting the labor rate variance from the actual cost, and then dividing that amount by the actual-direct labor hours as so...
$338,400 - 14,400 = 324,000
AH X SR = 324,000/36,000 = $9
Making the total dollars per hour $9
Answer:
The correct option is increases in current liabilities are added to net income.
Explanation:
The rationale for adding increases in current liabilities is that the increase in current liabilities represents cash that should have been paid but retained in the business,hence it is an increase in cash inflow.
The opposite is the case for reduction in current liabilities as the reduction denotes that cash of the business has been used in paying the creditors,hence cash has gone down.The appropriate treatment would to subtract the reduction in current liabilities
Answer:
The answer is a) umbrella coverage
Explanation:
Umbrella coverage is an insurance that adds an extra layer of protection for liabilities not covered by any other policies. It gives an additional layer of security to the individuals who are in danger for being sued for harms to other individuals' property or wounds caused to others in a mishap. If you are the owner of important and valuable assets, purchasing umbrella insurance could be an intelligent move.
