Answer:
TOTAL $ 100.000
Explanation:
Statement of Cash Flows Direct Method
Income Tax Expense $ 85,000
Income Tax Payable $ 15,000
TOTAL $ 100.000
Formula of Cash Flows Direct Method for Income Statement:
Payments = Income tax expense + Beginning TP - Ending TP
Statement of Cash Flows Direct Method
Income Tax Expense $ 85,000
Income Tax Payable $ 15,000
TOTAL $ 100,000
Income Tax Payable Beginning $ 30,000
Income Tax Payable Final $ 15,000
Extra payment of t $ 20,000
Answer:
450,000 Units
Explanation:
The complete part of the question is as below:
Bodin Company budgets on an annual basis. The following beginning and ending inventory levels (in units) are planned for the year 20x1. Two units of raw material are required to produce each unit of finished product.
January 1 December 31
Raw material 35,000 45,000
Work in process 12,000 12,000
Finished goods 80,000 50,000
Solution:
Units to be manufactured to sell 480,000 Units = Sales + Closing Inventroy - Opening Inventory
= 480,000 + 50,000 - 80, 000 = 450, 000 Units
The number of units Bodin would have to manufacture is 450,000 Units
Answer:
1. Year 1 expected value = $32.24
2. Required rate of return = 7.35%
Explanation:
1. For computing the stock price which is expected 1 year from now is shown below:
= Current Price × (1+rate)^number of years
= $31 × (1+0.04)^1
= $31 × 1.04
= $32.24
Hence, the expected 1 year value of stock price is $32.24
2. The required rate of return is computed by using an formula which is shown below:
= (Current Year dividend ÷ Current stock price)+ growth rate
where,
current year dividend is = D1
And, D1 = DO × (1+g)
where,
DO = previous dividend share
g = growth rate
So, $1 × (1+0.04)
= $1 × 1.04
= $1.04
Now apply these values to the above formula
So, required rate of return is equals to
= ($1.04 ÷ $31) + 0.04
= 7.35%
Hence, the required rate of return is 7.35%
Answer:
Explanation:
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