Answer:
the cost of capital for the common stock is 10.82%
Explanation:
The computation of the cost of capital for the common stock is as follows:
= (Dividend to be paid next year ÷ Price of the common stock) + growth rate
= ($14 ÷ $179) + 0.03
= 0.078 + 0.03
= 10.82%
Hence, the cost of capital for the common stock is 10.82%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
Some of the information provided by the budget is...
fixed costs - items such as rent, salaries and financing costs
variable costs - including raw materials and overtime
one-off capital costs - purchases of computer equipment or premises, for example
Some interview questions include:
What would you say is your leadership style?
You have an underperforming team member–how do you handle that?
Your team's morale has been low–how would you go about fixing that?
Tell me about a past project that did not go as planned.
2. One key disadvantage of a static budget is that it is not flexible and so it cannot be changed to take advantage of changes in revenue or expenses as the year proceeds. With a static budget, companies cannot manage the impact of changes, for example, by decreasing a portion of the budget in response to slow sales.
Explanation:
Hopefully this helps!
Answer:
Grouper Inc. is involved in a lawsuit at December 31, 2020
It is given that Grouper will be liable for $863,600 as a result of this suit. Therefore, the journal entry for this situation is as follows;
On December 31, 2020
Lawsuit loss A/c Dr. $863,600
To Lawsuit liability $863,600
(To record the lawsuit loss of the Grouper Inc.)
Answer:
Foreign exchange rates are unregulated
Explanation:
This is because what really determine the exchange rate is the forces of demand and supply that is price mechanism which can be refer to as floating rate, it also can be cause by the inflation rate, interest rate, political stability an instance where a country is passing through some kind of war the country currency tend to fall because then the inflation rate will be very high.
Answer:
Income Statment for the year ended december 31th, 20X9
Sales Revenue 437,100 (9,300 units x 47 price per unit)
COGS 223,200 (9,300 units x 24 unit cost)
Gross Profit 213,900
S&A 138,000
Net Income 75900
Explanation:
Unit cost:
DM + DL + VO + FO = 9 + 6 + 4 + 5 = 24