Answer:
The company's net operating income for May is $39,420
Explanation:
Sales revenue = $89,000
Variable costs = $89,000 × (1 - 78%)
= $89,000 × 0.22
= $19,580
Fixed costs = $30,000
Therefore, net operating income = Sales revenue - variable costs - fixed costs
= $89,000 - $19,580 - $30,000
= $ 39,420
Answer:
The market price for this stock is $15.23
Explanation:
The price per share of a stock today can be calculated using the dividend discount model which values a stock based on the present value of the expected future dividends of the stock. The value of this stock using the DDM will be,
V0 or P0 = 1.55 / (1+0.11) + 1.63 / (1+0.11)^2 + 1.65 / (1+0.11)^3 +
[ ( 1.7 / 0.11) / (1+0.11)^3 ]
V0 or P0 = $15.226 rounded off to $15.23
Answer:
When you pay with a credit card you use the bank's money that you have to pay back but with a debit card, you are using money straight out of your account. In the end, you are basically using your money just not in the form of paper.
Explanation:
When you pay with a credit card you use the bank's money that you have to pay back but with a debit card, you are using money straight out of your account. In the end, you are basically using your money just not in the form of paper.
The statement is "false".
The Employee Retirement Income Security Act secures the
retirement resources of Americans by executing rules that qualified plans must
take after to guarantee design trustees don't abuse plan resources. Under
ERISA, plans must provide members with data about arrangement highlights and
financing, and outfit data routinely and for nothing out of pocket.
ERISA additionally sets least benchmarks for interest,
vesting, advantage collection and subsidizing. The law characterizes to what
extent a man might be required to work before getting to be plainly qualified
to take an interest in an arrangement, to collect advantages and to have a non-forfeitable
appropriate to those advantages. It additionally sets up point by point
subsidizing decides that require design patrons to give sufficient financing to
the arrangement.
<u>Answer:</u>
Answer for Part A and Part B is as follows:
Particulars 2016 year 2017 year
Contract Price $13,00,000 $13,00,000
Cost that has been incurred $675000 $950000
Estimated cost to complete $225000 $0
TOTAL COST $900000 $950000
Expected Gross profit $400000 $350000
Percentage that is completed 75 percent 100percent
Gross profit to be recognised $300000 $50000
<u>Note</u>: Calculations have been made according to the data and figures given in the question.
