Answer:
$47
Explanation:
Given that,
Required return = 11.00%
Expect a growth rate = 6.00%
Expected to pay a dividend next year = $2.35
Stock Price:
= Dividends (Div) ÷ (Expected Return (R) - Dividend Growth Rate (G))
= $2.35 ÷ (11% - 6%)
= $2.35 ÷ (5%)
= $47
Therefore, the current fair price for the stock is $47.
Answer:
The process cost summary is given below.
A-Total Material Cost = $22,500
B-Total Conversion costs = $95,625 (45,625+50,000)
C-Units transferred out = 40,000
D-Ending Inventory = 10,000
E-Equivalent units of material = 45,000
F-Equivalent units of conversion costs = 42,500
G-Equivalent cost per unit of material = $0.5 (A/E)
H-Equivalent cost per unit of conversion costs = $ 2.25 (B/F)
I-Equivalent cost per unit = $2.75 (G+H)
J-Cost of inventory transferred = $ 110,000 (I*C)
K-Cost Of Ending Inventory = $ 8,125 (H*(F-C) + (5000*0.5))
Answer:(E) Positive reinforcement
Explanation:
According to the given scenario, the positive reinforcement is one of the type of psychological behavior that helps in strengthening the behavior of the organisms.
The Option (1) is basically illustrating the concept of the positive reinforcement as Richard is spend his maximum time in the job and appropriate him when he perform well in the work.
The positive reinforcement is one of the type of operant conditioning in which it define the various types of new behavior and focuses on reducing the unwanted things.
Therefore, Option (E) is correct answer.
To start off a solid plan, without a plan you will never succeed especially when it cleans to business and making your own product, trying to make and sell something without a plan will guide that new idea straight to the ground
Answer:
$85,000
Explanation:
Given that,
Shares sold = 50,000 shares of $3 par common stock for $5
Buys back = 10% of its common shares outstanding for $7 per share
Total equity on December 31 = $300,000
Balance in stockholder's equity without retained earnings:
= Beginning balance in stockholder's equity + Increase in stockholder's equity - Decrease in stockholder's equity
= $0 + (50,000 × $5) - (50,000 × 10% × $7)
= $250,000 - $35,000
= $215,000
Retained earnings on December 31:
= Total equity at December 31 - Balance in stockholder's equity without retained earnings
= $300,000 - $215,000
= $85,000
