Answer:
TRUE
Explanation:
Opportunity cost refers to those costs that can help us save more money. When we move from one investment to another, then the additional income from the other investment is called opportunity cost.
In this case, if Joe chooses Invest in a bank deposit in the place of Gold coins, he can enjoy 3% more return at the place of no profit and loss, so Joe had loss his 3% opportunity cost.
The M/B ratio is the ratio between the market value and the book value.<span> It is </span><span>one indicator used to measure the worth </span>
It is false that the average firm in each industry must have an M/B ratio that is equal to 1.0
Answer:
Value of stock = $47.99
Explanation:
<em>The price of a stock using the dividend valuation model is the present value of the the future dividend expected from the stock discounted at the required rate of return.</em>
Year Present Value
1 1.25× 1.15^1 × 1.095^(-1) =1.31
2 1.25× 1.15^2 × 1.095^(-2) = 1.38
3. 1.25× 1.15^3 × 1.095^(-3)= 1.45
Present value of Dividend in Year 4 and beyond
This will be done in two steps
Step 1
PV in year 3 terms
= Dividend in year 4× (1.06)/(0.095-0.06)
1.25× 1.15^3 × 1.06/(0.095-0.06)=57.57
PV in year 0 terms =
PV in year 3 × 1.095^(-3)
=57.5759 × 1.095^(-3)= 43.852
Value of stock = 1.3 + 1.38 + 1.45 + 43.852= $47.99
Value of stock = $47.99
Answer:
EBIT= $3,500
Explanation:
<u>EBIT is the earnings before interest and taxes.</u>
F<u>irst, we need to calculate the sales revenue and cost of goods sold:</u>
Sales= 500*15= $7,500
COGS= 500*2= $1,000
<u>Now, we can determine the EBIT:</u>
Sales= 7,500
COGS= (1,000)
Gross profit= 6,500
Selling and administrative expense= (2,500)
Depreciation expense= (500)
EBIT= $3,500
<u>If we want to determine the net income:</u>
EBIT= 3,500
Interest= (1,000)
EBT= 2,500
Tax= 2,500*0.35= (875)
Depreciation= 500
Net income= 2,125
Answer:
Electrical Devices & Their Symbols
Device
Name
Device
Symbol
Device
Picture
Comment
Notation
plan note symbol
Possibly the most important symbol that appears on any set of architectural
plans. This symbol represents that there is a "note" with relevance to the
device or area
Switch
switch electrical symbol
light switch
The style, possibly model numbers,and color of the switches will be in the notes on the plans.
Switch - 3 Way
3-way switch electrical symbol
Switch - 4 Way
4-way switch electrical symbol
Switch - Dimmer
dimmer switch electrical symbol
light switch dimmer
The style, possibly model numbers, and color of the dimmers will be in the notes on the plans.
Switch - Dimmer - 3 Way
3-way dimmer switch electrical symbol
Receptacle - Duplex
duplex receptacle electrical symbol
duplex receptacle
The style, possibly model numbers, and color of the receptacles will be in the notes on the plans.
Receptacle - Duplex - One Switched
duplex switched receptacle electrical symbol
Receptacle - Duplex - GFCI
duplex receptacle GFCI electrical symbol
duplex GFCI receptacle
The style, possibly model numbers, and color of the GFCI receptacles will be in the notes on the plans.
Receptacle - Duplex - Waterproof
duplex waterproof receptacle electrical symbol
in use, weatherproof receptacle cover
The receptacle is not actually waterproof, it is the cover that provides the protection from the elements.
Receptacle - Single
single receptacle electrical symbol
clock receptacle
The receptacle shown is specifically made for clocks. By having the socket recessed in the molding, the clock can sit flat against the wall. Some plans may have a "C" in the bottom right of the symbol to signify that the receptacle is made for a clock.
Receptacle - 240 VAC
240 VAC receptacle electrical symbol
240 VAC range receptacle
A letter may be placed on the lower right hand corner signifying what the receptacle is for. As an example, "D" for dryer or "R" for range.
Receptacle - Quad
quad receptacle electrical symbol
quad receptacle
A quad receptacle is made up of two duplex receptacles mounted in a double electrical box.
