Answer: False
Explanation: The expenses appear directly in the income statement and indirectly in the balance sheet.
It is useful to always read both the income statement and the balance sheet of a company, so that the full effect of an expense can be seen.
The Information Processing Theory
views the human mind like a computer or information processor and postulates
that Humans are limited in how much information they can process at any given
time. This approach to the study of cognitive development stemmed out of the
American experimental tradition in psychology.
Answer:
There is not enough information given in the question to decide what happened to the share price when the stock market opened.
Explanation:
Using P/E ratio, the ratio which is decided by market price per share/ earning per share, is one of the quick and simple ways to estimate share price.
P/E ratio of a stock is usually expected by an investor by deriving the ratio from similar firm ( similar risk firm, operating in the same industry, having similar growth prospects...). Once investor develop their expectation on P/E ratio, share price is determined by: P/E ratio x EPS.
As there is no information given on P/E ration, there is not enough information given to develop and expectation on what stock price will be given there is only information regarding EPS is available.
Answer:
$66.67
Explanation:
Using dividend growth model
P0 =
Where P0 = Current market price of share
D1 = Dividend at year end
Ke = Expected return
g = growth percentage
Since D1 has been provided we will take D1 else formula is D0 + g for calculating D1
Putting the values as provided we have
P0 =
= = $66.67
Answer:
Direct labor hour will be 158000
Explanation:
We have given manufacturing overhead cost = $510000
An total budgeted manufacturing cost = $984000
So balance variable cost = $984000 - $51000 = $474000
It is given that $3 per direct labor hour
We have to fond the number of labor hours
So number of direct labor hours will be
So dire t labor hour will be 158000