Answer:
$11,284 favorable.
Explanation:
With regards to the above, we need to compare the actual overhead paid with the overhead budgeted.
Actual variable overhead paid = $157,700
Budgeted variable overhead [46,940 × $3.60] = $168,984
When we compare the actual variable overhead with budgeted variable overhead, we'll have,
= $157,700 - $168,984
= $11,284 Favourable.
It is favourable because the company paid below the budgeted variable overhead.
Therefore, the variable overhead rate variance is $11,284 favourable.
Answer:
The correct answer is letter "D": requires that the dividend growth rate be less that the required rate of return.
Explanation:
The Gordon Growth Model is used to calculate the intrinsic value of a stock today, based on the stock's expected future dividends. It is widely used by investors and analysts to compare the predicted stock value against the actual market price. Its formula is:
P = D / r-g
where:
- P= current stock price
- g= dividend growth rate expected
- r= rate of return
- D= value of the dividends for the next year
The formula has limitations because <em>the rate of return must be higher than the dividend growth rate expected</em>. Otherwise, the resulting stock price would be negative and the model would be useless.
Answer:
the answer would be B
Explanation:
I took the test don't worry!
Answer:
The answer is given below.
Explanation:
A) - In the following case, the stakeholders seem to be the chairman of that company, the Controller of that company. The Stockholders as well as all the other group that has an interest in the organization's balance sheet, including an investment manager or even a banker seeking to give cash.
B) - Yes, the appeal of the chairman raises the legal issues for such a manager. Due to confusing income reports as suggested by the chairman, the operator poses a moral issue. In the viewpoint, for safeguard the interests of big business and not to confuse customers by representing wrong net profits, the manager will be guided. Required to disclose correct net profit that, on effect, influences their rate of growth ratio. Aggregate-income growth gives a clear view of the pace where the businesses also raised their earnings. All others remaining identical, shares having stronger net profit rates of growth are much more attractive as compared to others.
C) - Yes, of course, the manager will be worried about the rate of growth of that company due to the rate of growth that should be focused upon rational as well as reliable income reports. The manager does not file income reports for the chairman's goal of meeting or retaining the defined rate of growth. The following inflation rate would be focused upon operational and financial performance, not on some distorted financial reporting.
Answer:
1. Procurement: all the activities that go into the purchase of goods and services.
2. Marketing: presentation of goods and services to the customers with the aim of increasing sales.
3. Management: the act of controlling all the resources that go in the business in a manner to ensure that the organizational goals are met.
4. Finance is capital that is needed in business.
Explanation:
There are different aspects that ensure that a business can perform it's functions to ensure that the business goals are achieved. The four major functions of a business that will be considered are; procurement, marketing, management and finance. They are further elaborated below;
1. Procurement
Procurement can be defined as all the activities that go into the purchase of goods and services. They involve evaluating different offers from different vendors to determine the best product at an agreeable cost. most business needs resources to function. The resources can be labor or material resources. Procurement looks at ways in which these resources can be purchased with efficiency.
2. Marketing
Marketing involves the presentation of goods and services to the customers. The main aim of marketing is also to gain more customers and ultimately to increase sales. It involves the use of various marketing channels to achieve it's objective. A successful marketing strategy wins over more customers, which generally leads to more sales and profits. Since making profits is the main reason for business, a profitable marketing strategy is important for business success.
3. Management
Management is the act of controlling all the resources that go in the business in a manner to ensure that the organizational goals are met. The business resources include; human resources and material resources. When all the resources that go into a business are carefully managed, the potential of achieving organizational goals is also increased. Good management ensures business success
4. Finance
Finance is capital that is needed in business. The capital is usually monetary. Finance can be used to acquire various resources in form of salaries for laborers, raw materials and utility bills. Adequate and timely financing are needed to ensure that a business succeeds.