Answer:
Detailed solution is given below in tabular form:
Answer:
<u>The present value of the loan is $45,297</u>
Explanation:
Instalment (A)= $9,000.00
PV factor (B)= 5.033
Present value of loan (A x B)
=$ 45,297
Answer and Explanation:
The computation is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($52,000 - $8,000) ÷ (4 years)
= ($44000) ÷ (4 years)
= $11,000
In this method, the depreciation is same for all the remaining useful life
a. The depreciation expense for 2019 is $11,000
b. The depreciation expense for 2020 is $11,000
c. The accumulated depreciation for year 2019 is $11,000
d. The accumulated depreciation for year 2020 is $22,000 ($11,000 + $11,000)
e. The book value is
= Original cost - accumulated depreciation
= $52,000 - $22,000
= $30,000
Answer:
C. 30,210
Explanation:
Cost of merchandise sold = cost of merchandise purchase - cost of merchandise left in inventory
= Purchases of $32,000 - Purchases discounts of $960 - Purchases returns and allowances of $1,200 + Freight In of $1,040
- ( Merchandise inventory at September 30 of $6,370 - Merchandise inventory September 1 of $5,700)
= 32,000- 960- 1,200+1,040 - 670 = 30,210
The Price-earnings ratio of Aberdeen Wholesale Company equals to 14.29.
<h3>What is a P/E ratio?</h3>
Its means the Price-earnings ratio which is used to value a companies by comparing the company's share price to its earnings per share.
<u>Given data</u>
Market capitalization rate = 10%
Expected ROE = 12%
Expected EPS = $5
Plowback ratio is 60%
<h3>What is the Dividend payout ratio?</h3>
= 1 - 0.6
= 0.4
<h3>What is the Expected dividend?</h3>
= 0.4 × $5
= $2
<h3>What is the Growth rate?</h3>
= 0.6 * 12%
= 7.2%
<h3>What is the Firm Value?</h3>
= $2 / (0.10 - 0.072)
= $2 / 0.028
= $71.43
<h3>What is the P/E ratio?</h3>
= $71.43 / $5
= 14.286
= 14.29
Hence, the Price-earnings ratio of Aberdeen Wholesale Company equals to 12.5.
Therefore, the Option D is correct.
Read more about Price earnings ratio
<em>brainly.com/question/14690388</em>
