Answer:
The financial disadvantage for the company is 3,500
Explanation:
Computation is Shown Below;
Sales Value at split-off Point = 24000
Subtract: Allocated joint Cost =<u> 16800</u>
Profit if sold at split-off point = 7200
Sales Value after processing = 35500
Subtract: Allocated joint Cost = 16800
Sub: Cost of further processing <u>= 15000 </u>
Profit if Processing further = 3700
Financial Disadvantage = 3700 - 7200 = (3500)
Answer:
Investment trading
Explanation:
Financial institutions' core business is to sell loans. They accept deposits from customers and use those deposits to create loans to firms and individuals. Financial institutions are intermediaries of credit; they connect the demand and the suppliers of credit. Direct deposits are a way of depositing money while ATM's and debits card gives customers access to their deposits.
Investment trading is a service offered by stock exchange markets through stockbrokers and investment banks.
I
Answer:
The manufacturing sector will demand more labor, and the agricultural sector will demand less labor at the current wage.
Answer:
A. Harry no longer has 20/20 vision, which is required to safely drive the trucks.
Explanation:
VF Delivery Service will prevail if it can show that Harry no longer has 20/20 vision, which is required to safely drive the trucks.
This is because the Vision 20/20 is the standard on an optician chart for drivers and this indicates that drivers can see clearly from a distance of 20 feet.
Since Harry is 60 years of age, if he is made to undergo an optical eye test by the VF delivery service, his score would not match the vision 20/20 which would mean or indicate that Harry is unfit to be a driver due to his poor eyesight which was why they terminated his contract and this would allow the VF Delivery Service to prevail and dismiss Harry's case which is on the basis or grounds of age discrimination.
Answer:
The price of the stock one year from now will be $20.71
Explanation:
Using the constant growth model of Dividend Discount Model, we can calculate the price of a share that grows at a constant rate. The formula for price today under constant growth model is,
P0 = D0 * (1+g) / (r - g)
Using the available values for price, D0 and g, we can calculate the required rate of return.
19 = 1 * (1+0.09) / (r - 0.09)
19 * (r - 0.09) = 1.09
19r - 1.71 = 1.09
19r = 1.09 + 1.71
r = 2.8 / 19
r = 0.1473684211 or 14.73684211% rounded off to 14.74%
To calculate the stock price today using this model, we use D1 or dividend for the next period. To calculate the price one year from now, we will use D2.
P1 = 1.09 * (1+0.09) / (0.1473684211 - 0.09)
P1 = $20.71