Answer:
The stock price after the dividend payment is $100 per share
Explanation:
According to the data the Dividend per year is $1,000 and the Required Rate of Return is 10%
.
Hence, in order to calculate the stock price after the dividend payment we have to use the following formula first:
Stock price = [Total Dividend amount / Required rate of return]
Stock price = [$1,000 / 0.10]
Stock price = $10,000
Finally the Stock price after the dividend payment. = [Total Stock Value / Number of outstanding shares]
Total Stock value = $10,000
Number of outstanding shares = 100 shares
Stock price after the dividend payment = [$10,000 / 100 shares]
Stock price after the dividend payment = $100 per share
Answer:
D) $14,000
Explanation:
Description Estimated life Cost Amortization per year
Sales office 10 years $47,000 $4,700
Warehouse 25 years $75,000 $7,500
Parking lot 15 years $18,000 $1,800
total $14,000
Even though the useful life or the warehouse and parking lot is longer than 10 years, since the lease contract is only for 10 years, then it must be depreciated in 10 years.
Answer:
1. Cost of Leather
Leather strips cost $12 as a standard for labor.
Cost of Leather = $12 * quantity
Cost of Leather = $12 * 92,000
= $1,104,000
2. DIrect Labor Cost
Costs $9 per the amount of time it takes to produce the belts.
Labor Cost = 9 * 92,000
Labor Cost = $828,000
He figured out a way to dig deeper and use a steam engine.
I think the answer to your question is Mathematical/Logical.