(ASAP!!!!)

Here and After Corporation plans a new issue of preferred stock. Similar risk stock currently offers an annual return to investo

Musya8 [376]

Answer: d. $133.74

Explanation:

The dividend paid to preferred shareholders is constant and based on the annual rate of return on the stock. If they plan to sell at a price of $743 per share, the dividend will be:

Dividend = Annual rate of return on stock * Price of stock

= 18% * 743

= $133.74

8 0

2 years ago

Initially, suppose Bellissima uses 1 million hours of labor to produce rye and 3 million hours to produce jeans, while Dolorium

vodka [1.7K]

Answer:

Bellisima's opportunity cost:

Production of rye per million hours of labor = 24 / 12 = 2 pairs of jeans

Production of jeans per million hours of labor = 12 / 24 = 0.5 bushels of rye

Dolorium's opportunity cost:

Production of rye per million hours of labor = 32 / 8 = 4 pairs of jeans

Production of jeans per million hours of labor = 8 / 32 = 0.25 bushels of rye

Dolorium has a comparative advantage in the production of jeans while Bellisima has a comparative advantage in the production of rye.

If both countries specialize:

Bellisima will produce 48 million bushels of rye.

Dolorium will produce 128 million pairs of jeans.

Total production of rye has increased by 12 million bushels.

Total production of jeans has increased by 24 million pairs.

4 0

2 years ago

Find the EAR in each of the following cases. (Do not round intermediate calculations and enter your answers as a percent rounded

inna [77]

EAR = (1 + periodic interest rate)^N - 1

9.25 % Quarterly %

EAR = $(1+\frac{0.0925}{4})^{4} - 1$ = 0.09575 or 9.58%

16.75 Monthly %

EAR = $(1+\frac{0.1675}{12})^{12} - 1$ = 0.1809766 or 18.10%

15.25 Daily %

EAR = $(1+\frac{0.1525}{365})^{365} - 1$ = 0.1647053 or 16.47%

11.25 Semiannually %

EAR = $(1+\frac{0.1125}{2})^{2} - 1$ = 0.115664 or 11.57%

4 0

3 years ago

Lion Company's direct labor costs for the month of January were as follows: What was Lion's direct labor efficiency variance? Se

lakkis [162]

Answer:

Direct labor time (efficiency) variance= $6,150 favorable

Explanation:

Giving the following information:

Lion Company's direct labor costs for the month of January were as follows:

Actual total direct labor-hours 20,000

Standard total direct labor-hours 21,000

Direct labor rate variance - unfavorable $3,000

Total direct labor cost $126,000

First, we need to calculate the standard direct labor hour cost.

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Actual rate= 126,000/20,000= 6.3

-3,000= (SR - 6.3)*20,000

-3,000= SR20,000 - 126,000

123,000/20,000= SR

6.15= Standard rate

To calculate the direct labor efficiency variance, we need to use the following formula:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (21,000 - 20,000)*6.15

Direct labor time (efficiency) variance= $6,150 favorable

7 0

3 years ago

The normal capacity of Noel Company is 4,000 units per month. At this volume, budgeted fixed and variable factory overhead are $

drek231 [11]

Answer:

option (b) $900 U

Explanation:

Data provided in the question:

Normal capacity = 4,000 units per month

Budgeted fixed overhead = $16,000

Budgeted Variable factory overhead = $20,000

Actual overhead incurred = $37,900

Now,

Budgeted variable factory overhead cost per unit = $20,000 ÷ 4,000

= $5

Flexible budget variable factory overhead = 4,200 × $5

= $21,000

Total Variable budgeted factory overhead = $21,000 + $16,000

= $37,000

Variance = Budgeted overhead - Actual overhead

= $37,000 - $37,900

= - $900

or

$900 Unfavourable

Hence, option (b) $900 U

5 0

3 years ago