Answer:
The value of the stock is $28.57
Explanation:
Data provided in the question:
Dividend paid at the end of the year, D1 = $2.00 per share
Increase in dividend = $1.50 per share
Growth rate, g = 5% = 0.05
Required rate of return = 12% = 0.12
Now,
Price with constant Dividend Growth model = D1 ÷ ( r - g )
= $2 ÷ ( 0.12 - 0.05 )
= $28.57
Hence,
The value of the stock is $28.57
Answer:
$343,995.87
Explanation:
The computation is shown below;
But before that we need to determine the present value
Given that
PMT = $925
I = 5.35% ÷ 12 = 0.4458333%
FV = 0
N = 360
The formula is given below:
= -PV(RATE;NPER;PMT;FV;TYPE)
SO, the PV is $165,647.87
Now The amount of principal still pending is
= $235,000 - $165,647.87
= $69,352.13
Now the balloon payment is
= $69,352.13 × (1 + (5.35% ÷ 12))^360
= $343,995.87
Answer:
It is a disadvantage to continue processing QI. The lost on profit is= $5500
Explanation:
Product QI has been allocated $18,300 of the total joint costs of $39,000.
A total of 2,500 units of product QI are produced.
Product QI can be sold at the split-off point for $14 per unit.
It can be processed further for an additional total cost of $10,500 and then sold for $16 per unit.
<u>Split-off point:</u>
Sales= 2500q*$14=$35000
Total cost=$18300
Profit=$16700
<u>Post-split-off:</u>
Sales=2500*16=$40000
Cost previous split-off=$18300
Added cost= $10500
Profit=$11200
Comparing profits (16700>11200) it is not beneficial to continue processing QI products.
Standards are set for each major production input or task, benchmarks for measuring performance and compared to the actual quantities and costs of inputs. Thus, option first, third and fourth are correct.
<h3>What is the meaning of performance?</h3>
The act of executing a ceremony, play, piece of music, and so on. The execution or achievement of work, actions, feats, and so on. It is a specific action, deed, or process.
Standards are established for each massive production input or job, serving as benchmarks for monitoring performance and being compared to real input amounts and prices. As a result, options one, three, and four are correct.
Learn more about performance here:
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Answer: $746
Explanation:
Scarlet Co.
Bank Reconciliation
Cash balance per books $842
Add:
Outstanding check #643 $642 Outstanding check #651 $57
Interest received from $33
Less:
Bank service charges. $39
Deposits in transit $330
Customer check returned $90
Balance as per bank $1,115
The amount of cash that should appear on the balance sheet following completion of the reconciliation and adjustment of the accounting records is:
$1,115 + $330 - ($642 + $57) = $746