Answer:
$19.80
Explanation:
The Diluted EPS of Dulce Corporation shall be determined through the following mentioned formula:
Diluted EPS=Net income/Number of outstanding shares
Net income= $4 million
Number of outstanding shares=Common stock shares+shares issued for free due to share options
Common stock shares=200,000
shares issued for free due to share options=Number of options*Intrinsic value/market price of common shares
Number of options=10,000
Intrinsic value=market price-exercise price=$25-$20=$5
Shares exercised due to share options=10,000*5/25=2,000
Diluted EPS=$4,000,000/200,000+2,000
=$19.80
Let n represent the number of years watching TV.
Then let sleeping represent as n+19.
Solution for this problem is:
<span>
n+n+19=33</span>
<span>
2n=14</span>
n = 14 divided by 2
<span>n=7
</span>
7 years are spent watching TV while 26 years are spent in sleeping.
Other solution:
To figure out how many years you spend sleeping and watching
TV, you first need to take the number in total, which is 33, and subtract the
number that you will exceed sleeping.33 – 19 = 14. Now that you have the number
14, you can see that 14 divided in 2 = 7. 7 +19 = 26. This leaves you with a
remainder of 7 hours watching TV and 26 hours sleeping. 26 is 19 greater than
7. 7 + 26 = 33.
Answer:
The answers are:
The total conversion costs were $59,400
The total costs of units completed were $117,000
Explanation:
The total conversion costs are direct labor and factory overhead:
- total conversion costs = $49,500 + $9,900 = $59,400
To calculate the total costs of units completed we must first calculate the equivalent units completed.
- 9,000 units were 100% completed
- 3,000 units were only 30% completed, which are equivalent to 900 units completed (3,000 x 30%).
Now we calculate the conversion costs per unit completed by dividing the total conversion costs over the equivalent units completed:
- $59,400 / 9,900 units = $6 conversion costs per unit completed
To calculate the materials costs per unit, we divide the total materials costs by the total units that entered production (since materials are added at the beginning of the production process):
- $84,000 / 12,000 units = $7 materials costs per unit completed
Now we have the total costs per unit completed $13 ($6 + $7) and to calculate the total cost of units completed we multiply 9,000 units x $13 = $117,000.
Answer:
Operating income will rise by $7,500
Explanation:
If the Fox, Inc. can complete the order and it wouldn´t affect them inthe regular sales, they would just have to calculate the price of making each pen, which is one dollar per pen, with absorption costs, and then withdraw that from the income they will make for the sale:
3,500 pens at 3 dollars=10,500
We withdraw the 3,500 from making them:
10,500-3,500= 7,000
So the income will increase by $7,000 is they take the order.
Answer:
$3.04
Explanation:
F = (K - F0)*e^(-r*T) <em>Where f = current value of forward contract, F0 = forward price agreed upon today, K = delivery price for a contract negotiated, r = risk-free interest rate applicable to the life of forward contract, T = delivery date</em>
<em />
F = ($49.25-$46.00)*e^(-0.0665*12/12)
F = $3.25*e^(-0.0665)
F = $3.25*0.935662916
F = $3.040904477
F = $3.04
So, the value of the short forward contract is $3.04.
