Answer:
The intrinsic value of Stock A is 500
Explanation:
According to the DDM method the formula for calculating the intrinsic value of a stock is
Upcoming Dividend/Required rate of return - Growth rate of stock.
Upcoming Dividend of Stock A= 5
Required rate of return on Stock A= 11% or 0.11
Growth rate on stock A= 10% or 0.10
Intrinsic value of stock A=
5/(0.11-0.10)=5/0.01=500
The intrinsic value of Stock A is 500
Answer:
Denver Company
Income Tax Expense for the second quarter:
Pre-tax quarter income = $140,000
Estimated tax rate = 24%
Tax Expense = $140,000 x 24%
= $33,600
Explanation:
a) Data:
Quarter income before tax estimated tax rate
first $100k 30%
second $140k 24%
b) Denver's quarter second income tax expense is the product of the pretax income for the second quarter and the estimated income tax rate for the quarter. The resulting calculation shows the estimated income tax expense that has to be settled by Denver. If it is not settled in the quarter second period, it has to be carried forward to the next quarter as a liability under the heading, Income Tax Payable.
Answer:
in 4 days i will delete brainly warn to friends b btw
Explanation:
The answer & explanation for this question is given in the attachment below.
Answer:
1. $590
2. $9.83
Explanation:
1.
Total Number of Direct Labor Hours:
= Total Labor Cost ÷ Labor Rate Per Hour
= 150 ÷ 15
= 10 Hours
Total Overheads:
= Total Number of Direct Labor Hours*Predetermined Overhead Rate
= 10 × 21
= 210
Total Manufacturing Cost = 230 + 150 + 210
= $590
2.
Average Cost:
= Total Manufacturing Cost ÷ Number of Units
= 590 ÷ 60
= $9.83
