Answer:
Price of stock = $40
Explanation:
According to the dividend growth model, the price of a stock is the present value of expected dividend discounted at the required rate of return.
This is done as follows:
Price of a stock = D×(1+r)/(r-g)
D(1+g) - Dividend for next year = 100%-40%× $3 = $1.8
g- growth rate - 10%
r- required rate of return - 15%
Price of stock = 1.8× (1.1)/(0.15-0.1)
= $40
Answer:
The answers are:
A) Consulting revenue should be listed below the debited account as it is credited.
C) Accounts payable is not involved in this transaction.
D) The Consulting revenue account should be indented, as it is credited.
E) The correct account that should be debited is the Accounts receivable account.
Explanation:
You don't want all of your eggs in one basket. If one stock and/sector of the market sinks, hopefully it will be offset by your diversification.
Answer:
Option B is correct because the first thing is we can not register it as trademark because the requirement to register trademark is:
In this case the word bicycle is not distinctive. The word distinctive in law means that the item must be different from something else either in nature or type.
Option A is incorrect as the word bicycle is not distinctive, so it can not be registered. And if it can not be registered then it can not be protected against trademark infringement.
Option C is also incorrect as this word does not meets the requirements of trademark registration.
Option D is also incorrect because certification mark are logos of products to make the quality or nature of product clear.
Answer:
a. $236.32 per unit
Explanation:
The Full question is "Adirondak Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead rate for allocating overhead to products. However, management is considering moving to a multiple department rate system for allocating overhead. Overhead Total Direct Labor Hours DLH per Product A B Painting Dept. $250,000 10,000 16 4 Finishing Dept. 75,000 12,000 4 16 Totals $325,000 22,000 20 20"
A single plant wide factory overhead rate is been used. Thus, Overhead rate per hour = $325000 / 22000 hrs = $14.77
The total hours required to produce a product = 20 hours in painting + 20 hours in finishing
The total hours required to produce a product = 40 hours
Overhead per product = Overhead rate per hour * The total hours required to produce a product
Overhead per product = $590.8
The DLH required for a product A in painting department = 16 DLH
. Overhead rate per unit for product A in painting department = ($590.8/40 DLH) *16 DLH = $236.32 Per Unit
