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:
$44 per case.
Explanation:
If A standard-size box requires 8 board feet of hardwood in the finished product. In addition, 2 board feet of scrap lumber are normally left from the production of one box. Hardwood costs $4.00 per board foot, plus $1.50 in transportation charges per board foot.
Then, To calculate the standard cost of direct materials for the jewelry box, we multiply the direct materials standard price of $4.00 (plus the transportation costs of 1.50 per board foot) by the direct materials standard quantity of 8 feet (8 board feet of hardwood in the finished product) per unit.
The result is a standard direct materials cost of $44 per case.
structure because it's all about how you put it together
