Answer:
The cost of common equity is 13.33%
Explanation:
current price (Po) = $36
dividend (D1) = $3
growth rate (g) = 5%
let the cost of common equity be r
Po = D1/(r - g)
$36 = $3/(r -0.05)
r = 3/36 +0.05
= 0.1333
Therefore, The cost of common equity is 13.33%
I'm pretty sure it's D- All of the above
Answer: $12,900
Explanation:
Bottling department cost of ending work in process inventory will be the cost of the equivalent units for ending WIP for both Materials and Conversion.
Cost of Ending WIP = Cost of Materials WIP + Cost of Conversion WIP
= (1,800 * 3) + (1,500 * 5)
= $12,900
Answer:
2,060
Explanation:
No. of Bearings required for Skateboards to be produced 570*4 =2,280
No. of bearings available in opening inventory (220)
Bearings to be purchased =2,280-220=2,060