Answer:
$93,840
Explanation:
Calculation to determine how much is the total budgeted variable selling and administrative expenses for October
October Total budgeted variable selling and administrative expenses=
(0.6 + 1.2 + 0.3 + 0.35) x 7200 +6000 + 39,000 + 7,200 + 24,000
October Total budgeted variable selling and administrative expenses=2.45x 7200 +6000 + 39,000 + 7,200 + 24,000
October Total budgeted variable selling and administrative expenses=$17,640+6000 + 39,000 + 7,200 + 24,000
October Total budgeted variable selling and administrative expenses=$93,840
Therefore the total budgeted variable selling and administrative expenses for October is $93,840
To apply the dividend discount model to a particular stock, you need to estimate the Sum of Present Value of Dividends and present Value of Stock Sale Price. This dividend discount model or DDM model price is the stock's intrinsic value.
The dividend discount model is a quantitative method used for predicting the price of a company's stock based on the theory that its present-day price is worth the sum of all of its future dividend payments when discounted back to their present value.
If the value obtained from the dividend discount model is higher than the current trading price of shares, then the stock is undervalued and qualifies for a buy, and vice versa.
To learn more about dividend discount model here
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Answer:
D. $21,315.9
Explanation:
We know,
Total revenues - Total expenses = Net Income/Earnings
Given,
Total revenues = ?
Total expenses = $18,497.0
Net Income/Earnings = $2,818.9
Therefore, Total revenues - $18,497.0 = $2,818.9
Total revenues = $18,497.0 + $2,818.9
Total revenues = $21,315.9
Therefore, <em>option D is the answer.</em>
We should not consider operating income because we know, part of expenses is operating expenses. Alternatively, When we deduct operating expenses from gross profit or service revenue, we can get operating income.
Answer:
C) the market will devote too few resources to the production of the good.
Explanation:
The problem with free riding is that a good or service is used by too many people and paid by only a few, because there is an oversupply of the good or service. But it is too difficult or too expensive to separate those who actually pay form those who don't. Therefore private markets tend to undersupply public goods.
For example, police officers must "serve and protect" everyone, not just the people that pay their taxes. The same applies to the use of public beaches or parks, anyone can use them even without paying for their maintenance.
