6.29% is the rate of growth
<u>Explanation:</u>
<u>The following formula is used
</u>
Price = D1 / ke -g
39.86 = 1.2 multiply with (1 + g) / 0.095 - g
3.7867 – 39.86 g = 1.2 + 1.2 g
2.5867 = 41.06 g
Now, we have to calculate the value of g
g = 2.5867 divide 41.06
= 0.0629
= 6.29 %
Where:
G = growth, ke = market rate of return, D1 = dividend ( annual), P = price of the share of company
Answer:
$11,000
Explanation:
Fabricating Department budgeted direct labor = $9,280
Depreciation remains constant at any level of production.
Budgeted labor rate = Budgeted direct labor ÷ Hours of production
= $9,280 ÷ 640
= $14.5 per hour
Direct labor cost = completed hours of production × Budgeted labor rate
= 600 × $14.5
= $8,700
Budget for the Fabricating Department at 600 hours of production:
Budgeted cost = Direct labor cost + Equipment depreciation
= $8,700 + $2,300
= $11,000
<span>This would be her frontal lobe. This part of the brain is responsible for higher-order thinking and rational decision-making. Neural network growth is expansive at early ages, with children being able to make decisions for themselves that show signs of being rational and thought-out.</span>
Answer:
LLC
Explanation:
LLC is known as limited liability company. It is a corporate structure in the United States whereby the proprietors are not by and by subject for the organization's obligations or liabilities. Constrained risk organizations are crossover substances that join the attributes of a company with those of an association or sole ownership.
Answer:
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Explanation:
