Answer:
Annual Dividend = $5.00
Explanation:
We can use the following formula to calculate the stock price.
P = Annual Dividend / r
P: stock price (Given: $63.53)
r: required return (7.87%)
By inputting the number into the above equation, we have the following:
63.53 = Annual Dividend / 0.0787
--> Annual Dividend = $5.00
Answer:
$20,226
Explanation:
expected sales = 11,400 - 12,000 - 12,600
expected sales price = $7.20 - $7.50 - $7.80
expected variable cost = $3.072 - $3.20 - $3.328
total fixed costs = $31,000
if you use an excel spreadsheet you can calculate all the different possible simulations and combine all the expected sales x 3 different price levels x 3 different variable costs and 1 fixed cost. Once you get all the 27 possible solutions, you just get the average.
I attached it because there is no room here.
Under the market system, prices coordinate the decisions made by households and businesses.
<h3>What is a market system?</h3>
It should be noted that a market system simply means an economy whereby the individual makes choices in the market and decisions.
In this case, under the market system, prices coordinate the decisions made by households and businesses.
Learn more about market system on:
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Sheffield's inventory turnover ratio is <u>5.7 times.</u>
What is the Inventory Turnover Ratio?
The inventory turnover ratio, also known as the stock turnover ratio, is a measure of how effectively inventory is maintained. The inventory turnover ratio formula equals the cost of products sold divided by total or average inventory to calculate how many times inventory is "turned" or sold within a given period. The ratio can be used to detect if there is an excess of inventory in relation to sales.
<u>Inventory Turnover Ratio = Cost of Goods Sold / Average Inventory</u>
Here, COGS = 644000
Average Inventory = 83000 + 142000 / 2 = 112500
Now,
Inventory turnover ratio = 644000/112500
<h3> = <u>5.7 times</u></h3>
Therefore final answer comes out to be <u>5.7 times.</u>
For more, COGS questions, refer to the given link:
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Answer:
$163,320
Explanation:
The computation of the total cost of units completed is shown below:
The conversion cost is
= Direct labor + factory overhead
= $53,460 + $13,860
= $67,320
Now the total cost of unit completed is
= Direct material + conversion cost
= $96,000 + $67,320
= $163,320
This is the answer but the same is not provided in the given options
