The term average means ______

The common stock of Ecolab pays an annual dividend of $1.84 a share. The company has promised to maintain a constant dividend re

vladimir2022 [97]

Answer:

$13.53

Explanation:

Data provided in the question:

Annual dividend per share, D0 = $1.84

Cost of capital, ke = 13.6% = 0.136

Now,

since,

the dividend remains the constant, the growth rate (g) of the dividend will be 0%

Also,

Current price = [ D0 × ( 1 + g ) ] ÷ [ ke - g ]

= [ $1.84 × ( 1 + 0% ) ] ÷ [ 13.6% - 0% ]

= $1.84 ÷ 0.136

= $13.53

8 0

4 years ago

Foulds Company makes 12,000 units per year of a part it uses in the products it manufactures. The unit product cost of this part

Kazeer [188]

Answer:

a) Unit product cost relevant for decision = $41.60

b) Net dollar advantage = $49,200

c) Maximum per unit cost willing to pay = $46.60

Explanation:

As per the data given in the question,

a)

Particulars Amount

Direct materials $13.20

Direct labor $20.20

Variable manufacturing overhead $3.20

Fixed manufacturing cost $5.00 ($10.20-$5.20)

Unit product cost $41.60 ($46.80-$5.20)

Unit product cost relevant for decision = $41.60

b)

Relevant unit product cost = $41.60

Supplier offered selling price = $42.50

Additional contribution margin per year = $60,000

Production in year = 12,000 units

Net dollar advantage = ($41.60-$42.50) × 12,000 + $60,000

= $49,200

c)

Maximum per unit cost willing to pay = $42.50 + $49,200 ÷ 12,000

= $46.60

7 0

4 years ago

Inflating your expenses for a company-sponsored conference that discredits the profession is a violation of what ethical standa

serg [7]

Answer:

B) Integrity

Explanation:

There are various ethical standards which are described below:

A) Credibility: This ethical standard deals with the communication of the correct information of the statement of financial position to all stakeholders of the business organization.

B) Integrity: This ethical standard stated that the chartered accountant should be honest and not biased for his personal gain. If he/she is biased, then he/she violates his/her profession.

C) Competence: The person is capable to do the particular task or not will check by his competence

D) Confidentiality: The financial information should not be disclosed out to third parties. The person should maintain confidentiality.

So as per the given scenario, the most appropriate option is B. Integrity

4 0

3 years ago

Research indicates that high-performance project teams are much more likely to develop under certain conditions. One of these co

ICE Princess25 [194]

Research indicates that high-performance project teams are much more likely to develop under certain conditions. One of these conditions is that members are assigned to the project manager.

High performance teams are composed of individuals with specialized expertise and complementary skills who are hyper focused and goal oriented on achieving clear and outstanding results

So the members are assigned to the project management. It is the process of leading the work of a team to achieve all project goals with the given constraints.

Learn more about high performance project teams here

brainly.com/question/24248709

#SPJ4

4 0

2 years ago

Hodge Co. exchanged Building 24 which has an appraised value of $4,971,000, a cost of $7,691,000, and accumulated depreciation o

VLD [36.1K]

Answer:

Hodge Co. Books

Debit : Building M $4,163,000

Debit : Accumulated Depreciation Building 24 $3,528,000

Credit : Cost of Building 24 $7,691,000

Fine Co. Books

Debit : Building 24 $4,283,000

Debit : Accumulated Depreciation Building 24 $4,796,000

Credit : Cost of Building 24 $9,079,000

Explanation:

Where an exchange transaction lacks commercial substance, the accounting standard IAS 16 requires that the Asset that is acquired is measured at the Carrying Amount of the Asset given up, and no gain or loss can be estimated reliably.

Carrying Amount is Cost of Asset minus Accumulated Depreciation

The Carrying Amounts for Building 24 and Building M can now be calculated as follows -

Carrying Amount :

Building 24 = $7,691,000 - $3,528,000 = $4,163,000

Building M = $9,079,000 - $4,796,000 = $4,283,000

Then, apply the Carrying Amounts as new cost of assets acquired for Both Companies as required by the standard.

5 0

3 years ago

The term average means _______.