Answer:
$9.63
Explanation:
Data provided in the question:
Year Annual dividend paid
1 $1.20
2 $1.12
3 $1.12
4 $14.20
Now,
Year Annual dividend paid Present value factor Present value
1 $1.20 0.84246 1.011
2 $1.12 0.84246 0.7949
3 $1.12 0.59793 0.6696
4 $14.20 0.50373 7.1529
===============================================================
Worth of stock = 1.011 + 0.7949 + 0.6696 + 7.1529
= $9.6284 ≈ $9.63
Note:
Present value factor = [ 1 ÷ (1 + 0.187)ⁿ]
here,
n is the year
Answer:
1. Requires substantial resources.
2. produces different numbers than a traditional system.
3. Is costly to maintain.
Explanation:
Activity-based costing (ABC) system is a method of accounting assigns the total cost of activities such as manufacturing overhead costs and indirect costs necessary to produce a product or provide a service.
Basically, an activity-based costing (ABC) system is focused on the cost drivers associated with the respective activities, which are responsible for cost to be incurred. The cost drivers are activities such as direct labor, purchase order, machine use etc.
<em>Hence, an activity-based costing system requires substantial resources, produces different numbers than a traditional system and is costly to maintain.</em>
Answer:
The efficient outcome would be greater than 150 units.
Answer:
e
Explanation:
Due to weather disruptions in agricultural areas , farms would be negatively affected and this would reduce supply. If supply is reduced, the supply curve shifts inward. This would lead to an increase in equilibrium price and a reduction in equilibrium quantity
For example, an hurricane would destroy farms
