Answer:
The price of the stock today is $24
Explanation:
The price of the stock can be calculated using the dividend discount model. The price of the stock will include discounting back future dividends.
P0 = D0*(1+g) / 1+r + [D*(1+g) / r-g] / 1+r
P0 = 1.2*(1+0) / 1+0.09 + [1.2(1+0.04) / 0.09-0.04] / 1+0.09
P0 = $24
Answer:
$127,000
Explanation:
Suire Corporation Net operating income
Sales $ 600,000
Variable Costs $ 241,000
Contribution Margin $ 359,000
Fixed Expenses $232,000
Net Operating Income $127,000
Solution:
Accounts Payable $2900
Cash $2691
Inventory $209
Cleveland didn't pay during the discount period,
So the amount due is $2,700 - 450 = $2,250
Cash was charged in freight charges prior to delivery of the invoice.
Supply chain management is managing the flow of goods and services from sourcing and handling raw materials, to work in progress inventory, to finished goods from the starting point to the consumer. There is a big focus on efficiency and proper timing.
