Answer:
overhead rate: 17.5
Explanation:
The difference between applied an actual overhead is calculated as follows:
actual hours x overhead rate - actual cost = over or underapplied overhead
underapplied means actual were higher than applied
while, overapplied means the actual cost were lower.
Based on this information we can set up the foermula as follows:
overhead rate x 32,000 -540,000 = 20,000
now we solve for the rate:
rate = (20,000 + 540,000) / 32,000 = 17.5
Answer:
Explanation:
An annuity is equal streams of cashflows that can compliment payments from social security and pension plans for retirees. Robert should know that taking out all the annuity savings as a lump-sum will make the deferred earnings taxable. A deferred annuity gives an investor options of to either take out all the long term savings in one lump-sum, make withdrawals whenever they need or transfer the amount to a different account.
Answer:
coumpobd interest
Explanation:
because over time on both the principle money deposited and accumulating interest in an interest-bearing savings account
Free market means you can choose what path you want to take such as a career or future. therefore the consumers control the market. that is why share prices go up and down because of s and d. the suplly and demand comes from the consumer wanting to purchase and sell. Therefore a free market economy is an economy controlled by consumers
Answer:
(a) = 57.14
(b) Shown below
Explanation:
According to the scenario, computation of the given data are as follow:-
Expected Rate of Return(R) = 12%
Growth Rate(g) = 5%
P2 = Div. Per Share × (1+g) ÷ (R-g)
P2 = 4 × 1.05 ÷ (0.12 - 0.05) = 60
One Year Stock’s Expected Price = Div. Per Share ÷ (1+R)t + P2 / (1+R)t
a). Expected price (P1) = 4 ÷ (1+0.12)1 + 60 ÷ (1+0.12)1
= 3.57 + 53.57
= 57.14
b).
One Year Dividend (P0) = 2 ÷ (0+0.12) + 4 ÷ (1+0.12)2 + 60÷(1+0.12)2
= 1.79 + 3.19 + 47.83
= 52.81
Dividend Yield Plus Capital Appreciation= Share Dividend in One Year ÷ Current Price Per Share
= 2 ÷ 52.81 = 0.0379 or 3.79%
Capital Gain = ( P1 - P0 ) ÷ P0
= ( 57.14 - 52.81) ÷ 52.81
= 0.0820 or 8.20%
Total = Dividend Yield Plus Capital Appreciation + Capital Gain
= 3.79% + 8.20%
= 11.99% or 12%