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Ymorist [56]
3 years ago
8

A company has designed a new product and tested the prototype. what is the next step in product development?

Business
1 answer:
ohaa [14]3 years ago
5 0

Answer:

A company has designed a new product and tested the prototype. What is the next step in product development ? Test - market the product.

Explanation:

Answer option A) Test - market the product.

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An auditor has determined a $10 million materiality level for a client's balance sheet and a $3 million materiality level for th
Andreyy89

Answer:

D. $ 3 million or more

Explanation:

Since the minimum materiality amount on individual basis is $3 million for client's income statement.

Therefore, whether it is on individually or collectively identified that there is misstatement of at least $3 Million the auditor will consider it material.

They will notify appropriate authorities regarding the misstatement.

5 0
3 years ago
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. Shellbridge Corporation common stock has a par value of $25 and recently paid a dividend of $3.16 per share. The firm's divide
Fiesta28 [93]

Answer:

Intrinsic value: $ 45.19290274

The stock is undervalued as is selling for less.

Explanation:

We use the gordon model to solve for the intrinsic value of the share.

\frac{divends_1}{return-growth} = Intrinsic \: Value

we must solve for the grow rate like  it was an interest rate:

<u>grow rate: </u>

2.00 \times (1+g)^{10} = 3.16\\\sqrt[10]{\frac{3.16}{2.00}} -1 = g

g = 0.046804808

<u>dividends one year from now:</u>

3.16 x (1 + 0.046804808) = 3.307903193

Now we calculate the instrinsic value:

\frac{3.307903193}{0.10 - 0.046804808} = Intrinsic \: Value

Value: $ 45.19290274

The stock is undervalued as is selling for less.

4 0
2 years ago
what might be the outcome of raising the fees and requiring more paper work in order to start a corperation? what would happen i
Pie
The outcome of raising fees and requiring more paper work to start a corporation would be that there would be less corporations and, the opposite would happen if fees were lowered and application possesses were simpler, hope this helps
8 0
3 years ago
Suppose first main street bank, second republic bank, and third fidelity bank all have zero excess reserves. the required reserv
lbvjy [14]
<span>he deposits the money into his checking account at first main street bank is the answer</span>
4 0
3 years ago
Read 2 more answers
inventory Turnover and Days' Sales in Inventory The following financial statement data for years ending December 31 for Holland
Varvara68 [4.7K]

Answer:

                                            Year 2014           Year 2013

a) Inventory Turnover ratio 3.4 times  and   3.1 times

b) Number of days' sales in inventory 107.3 days and  117.7 days

Explanation:

As per the data given in the question,

As we know that

Inventory turnover ratio = Cost of goods sold ÷ Average inventory

where,

Average inventory

= (Beginning inventory + ending inventory) ÷ 2

For Year 20Y4 :

Average inventory = ($359,160 + $516,840 ) ÷2

= $438,000

And, the cost of goods sold is $1,489,200

So,

Inventory Turnover ratio

= $1,489,200 ÷ $438,000

= 3.4 times

For Year 20Y3 :

Average inventory = ($251,120 + $359,160) ÷ 2

= $305,140

And, the cost of goods sold is $945,934

So,

Inventory Turnover ratio

= $945,934 ÷ $305,140

= 3.1 times

Now

Number of days' sales in inventory = Number of days in a year ÷ Inventory Turnover ratio

For 20Y4

= 365 days ÷ 3.4

= 107.3 days

For 20Y3

= 365 days ÷ 3.1

= 117.7 days

Basically we applied the above formulas

4 0
3 years ago
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