Answer:
It will take 4 years 6 months.
Explanation:
Required here is the period, n for an investment to grow to $50,000 and this is calculated as follows :
Pv = - $15,000
Pmt = - $4,500
P/yr = 1
r = 12 %
Fv = $50,000
n = ?
Using a Financial Calculator, the period, n for an investment to grow to $50,000 is 4.50 or 4 years 6 months.
Answer:
The cost of goods manufactured is $860,000
Explanation:
The cost of goods manufactured = The cost of the beginning work in process inventory + direct materials cost + direct labor cost + overhead cost - the ending work in process inventory.
The company has the cost of the beginning work in process inventory is $50,000, direct materials cost is $340,000, direct labor cost is $206,000, an overhead cost is $309,000, and the ending work in process inventory is $45,000
The cost of goods manufactured = $50,000 + $340,000 + $206,000 + $309,000 - $45,000 = $860,000
Another term that can be used for Defensive strategy is retrenchment strategy.
- Defensive strategy can be regarded as marketing tool which is been used by companies in retaining valuable customers that can be easily loose to their competitors.
- Competitors can be regarded as other firms that are present in the same market selling almost similar products
- This strategy is been utilized by companies in market leadership positions in defending market share from attacks by challengers;
- Some if the defence strategies are;
<em>counter-offensive defence</em>
<em>contraction defence</em>
<em> position defence</em>
<em>mobile defence</em>
<em>flanking defence</em>
<em> pre-emptive defence</em>
Therefore, defensive strategy can be explained as marketing tool that is been utilized by management in defending their business from potential competitors.
Learn more at: brainly.com/question/9063582?referrer=searchResults
Answer:
The EPS in recession is 2.14 $/share.
Explanation:
If there is a recession, EBIT will be 15% lower than $74,700.
That means an EBIT of $74,700*(1-0.15)=$63,495.
The net income that will be paid in dividends is
Net income = EBIT*(1-tax rate) = $ 63,495 * (1-0.34) = $ 41,906.7
If there are 19,600 shares of stock outstanding and no preferred dividends, the EPS can be calculated as
EPS = (Net dividend pay / common shares) = 41,906.7 / 19,600
EPS = 2.14 $/share.
