Answer:
Please see details below:
Explanation:
Sales $16.540
Salaries Expenses -$7.740
Miscellaneous Expenses -$5.820
Net Income $2.980
Dividends 2.830
Retained Earnings $150.
Balance Sheets
Assets
Cash $8.990
Accounts Receivable $16.540
Equipment $22.590
Land $45.980
TOTAL ASSETS $94.100
Liabilities
Accounts Payable $9.170
TOTAL LIABILITIES 9.170
Equity
Common Stock $84.780
Retained Earnings $ 150
TOTAL EQUITY 84.930
Answer:
$17.27
Explanation:
The stock intrinsic value is calculated using dividend discounted model (DDM). The DDM is stated as below:
Stock intrinsic value = [This year dividend x (1 + Dividend growth)]/[Equity cost of capital - Dividend growth]
= [1.9 x (1 + 0%)]/[11% - 0%] = $17.27
So vlaue of NoGrowth's stock is estimated at $17.27
Answer:
There will be an increase of $6,200 , If the special order is accepted
Explanation:
For computing the net income effect first we have to find out the net income per scale which is a difference between offer purchase price and variable cost per unit
In mathematically,
Net income = Offer purchase price - variable cost per unit
where,
Offer purchase price is $35
And, the variable cost is $12 per unit plus it incur special shipping charges which is also a part of the variable cost.
So, total variable cost = variable cost per unit + Special shipping charges per scale
= $12 + $1
= $13
So, Net income is
= $15 - $13
= $2 per unit
Now for producing the 3100 scales, the net income should be multiply with the production unit
= Net income × Production unit
= 3,100 × 2
= $6,200
Fixed cost is fixed whether the production level changes or not. Thus, it is not be considered.
Hence, there will be an increase of $6,200 , If the special order is accepted
Answer:
[2] goods market and factor market.
Explanation:
The circular flow of income shows how exchange of money, goods and services occur in an economy.
the two flow circular income model consists of an household and a firm.
The household buys factors of production from the household in exchange for money (firms buys from the factor market). In return, households receive payment.
households then go to the goods market to purchase goods and services.
Answer: d. $240,400
Explanation:
To calculate the Cost of Goods sold for the year we simply add the Opening Balance of Finished goods to the Cost of Goods for the year and then subtract the Finished goods balance at year end (ending).
That would be,
= 233,000 + 31,600 - 24,200
= $240,400
$240,400 is the Cost of Goods sold for the year so Option D is correct.
