Answer:
Return on equity(r) = 0.16
Plowback ratio(b) = 50 = 0.5
Earnings per share(EPS) = $2
D1 = 50% x $2 = $1
Cost of equity(Ke) = 0.12
Growth rate(g) = b x r
= 0.5 x 0.16
= 0.08 = 8%
Current market price(Po) = D1/Po + g
= $1/0.12 - 0.08
= $25
Market price in 3 years = Po(1+g)n
= $25(1+0.08)3
= $25(1.08)3
= $31.49
Explanation:
In this case, we need to calculate growth rate by multiplying the plowback ratio by return on equity. Then, we will calculate the current market price as shown above. Thereafter, we will subject the current market price to a 3-year growth rate to calculate the market price in 3 year's time
Answer:
The correct answer is: Inventories.
Explanation:
Inventories are real and concrete assets, that is movable and immovable property. These form the commercial flow of a person or a company. These goods are for sale, hence the commercial nature, or for the consumption of goods and / or services. Inventories are made in a certain period of time.
If a company is commercial, its livelihood is always buying and selling, that is, the exchange of goods and services. With the inventory, the company has an exhaustive control of merchandise during the commercial period, and at the end of it it has the “final balance”, that balance is comparable with that of other years and serves to draw conclusions and from there take certain actions depending of the result. When the goods are being counted for a certain economic period, it is necessary that they appear in the “Current Assets” group, this means that it is all merchandise at the cost that is in the hands of a company.
The concept of inventory has to do with accounting, which is a system for controlling and recording profits (income and expenses), as well as economic operations, in this case carried out by a company or association, it reflects the financial movements that they make.
<u>False</u>. Versatility and adaptability are tremendous <u>assets.</u>
<u></u>
<h3>What are Versatility and adaptability?</h3>
Adaptability is the ability of a person and or a leader to acclimatize into different environments. This might be a:
- living situation or
- social situation.
Versatility, on the other hand, is the ability to be flexible, that is possessing many different abilities or skills with allow one to adapt easily.
Inherent in their definitions lie their differences. However, each quality is very crucial for any person either as a follower or as a leader.
Learn more about versatility and adaptability in the links below:
brainly.com/question/25076165
brainly.com/question/25254072
Answer: Pooled delivery consolidation.
Explanation: The Cockrell company should investigate the potential of a pooled delivery consolidation because of the presence of other shippers in the same location. This pooled delivery consolidation will enable the Cockrell Company delivered large amount of goods in less time thereby saving costs and maximizing profits
Question Completion:
The manufacturing overhead charge per hour is $24.
Answer:
The manufacturing overhead that would be charged to 16 portraits using the cumulative average approach is:
$336.
Explanation:
a) Data and Calculations:
Time taken by new employee to make the first portrait = 8 hours
Time taken by employee to make the second portrait = 6 hours
Unit Hours Cumulative Hours Cumulative Average
1. 8.0 8.0 8.0
2. 6.0 14.0 7.0
Learning curve percentage = cumulative average/ hours for 1st unit = 7/8 hour * 100) = 0.875
This means that every unit produced, the time used reduces by 12.5% (1 - 0.875)
Therefore, the time to produce 16 units = 16 * 0.875 = 14 hours
Manufacturing overhead = 14 * $24 = $336
