It help you to keep your eyes on your prices
It helps ensure you don’t spend money you don’t have
It helps to prepare for emergencies
Answer:
True
Explanation:
A company manager should be able to appraise its operations profit and capital used to generate the profit.
Answer:
B. historical cost.
Explanation:
In financial statements assets are reported at their cost of purchase or historical cost. This approach does not account for price fluctuations under present market conditions.
Historical cost is used to avoid inflating financial position of an organisation, as price changes in the market are largely temporary.
Valuation on the other hand considers an asset's fair market value.
Answer:
$498.75
Explanation:
The computation of the average cost per cleaning service call is given below:
= (Fixed costs of labor, the company’s truck, and administrative support + number of service calls per months × total number of months in a year × variable cost per cleaning material) ÷ (number of service calls per months × total number of months in a year)
= ($459,600 + 80 × 12 × $20) ÷ (80 × 12)
= ($459,600 + $19,200) ÷ ($960)
= $498.75
Explanation:
The computation is shown below::
The dividend yield = Annual dividend ÷ Market share price
where,
Market share price = $22 per share
Annual dividend = $0.88 per share
So, the dividend yield = ($0.88 per share ÷ $22 per share) × 100
= 4.0%
The capital gain rate is
= (Expected share price - initial price) ÷ (Initial price) × 100
= ($23.54 - $22) ÷ ($22) × 100
= $1.54 ÷ $22 × 100
= 7.0%
Now the total return is
=(Expected share price + expected dividend - initial price) ÷ (Initial price) × 100
= ($23.54 + $0.88 - $22) ÷ ($22) × 100
= $2.42 ÷ $22 × 100
= 11.0%
