Answer: $18.26
Explanation:
The Dividend discount model can be used to calculate he fair price of the Royal bank stock.
The formula is;
= Next dividend/ ( Required rate of return - growth rate)
= ( 1.5 * ( 1 + 3.5%))/ ( 12% - 3.5%)
= $18.26
Answer:
B. are amounts owed to a business by its customers.
Explanation:
Account receivable is the payment due by its customers in respect of goods sold on a credit basis. It is shown in the current assets side of the balance sheet.
The computation of the ending account receivable balance is shown below for better understanding
Ending account receivable balance = Beginning account receivable + credit sales - collections - written off amount
Answer:
Explanation:
Management is the coordination and management of tasks to achieve a goal. Such management activities include setting the organization's strategy and coordinating employees' efforts to achieve these goals using available resources. Management can also refer to the seniority structure of employees in the organization.
Answer:
Cost of goods manufactured $ 123,460
Cost of goods sold: $ 126,360
Explanation:
<em>Raw materials </em>
beginning 9500
purchased 58740
ending <u> (16180) </u>
used in production 52060
<em>cost added </em>
materials 52060
direct materials 50330
overhead <u> 23960 </u>
total 126350
<em>COGM </em>
beginning WIP 5670
added 126350
ending WIP <u> (8560) </u>
COGM 123460
<em>COGS </em>
beginning FG 9700
COGM 123460
ending FG <u> (6800) </u>
COGS 126360
Answer: A) absorption costing unit product costs
Explanation:
Absorption costing is the costing convention that is used when fixed costs need to be apportioned to the production of goods and services.
When a company has idle capacity, any production done using that idle capacity would incur no fixed costs because the fixed costs for the entire capacity, both idle and non-idle have been covered already as fixed costs are charged on the entire company capacity.
Absorption costing is therefore not relevant here as the company will use its sufficient idle capacity that has already incurred fixed costs.
