Answer:
A) 7.5%
Explanation:
To calculate Luther Industries' dividends growth rate we must use the following perpetuity formula:
Present Value = Dividend / (r - growth rate)
r - g = Div / PV
r = Div / PV + g
Where Dividend / Present value = 4.5%, and r = 12%, then:
12% = 4.5% + g
12% - 4.5% = g
g = 7.5%
The other party can bring the subject to court or ask for repayment. Please mark Brainliest!!!
Answer:
The bond's expected capital gains yield is zero.
Explanation:
When the fixed coupon rate of a bonds differs from the market rate, the market price changes to adjust the yield to market rate.
The bond's yield to maturity is above 9%.
The bond's current yield is above 9%
FALSE as it is at par is neither above or below
If the bond's yield to maturity declines, the bond will sell at a discount.
FALSE
As rate is determinated as return/price = rate
to decrease rate given the coupon rate is fixed the price should increase not decrease.
The bond's current yield is less than its expected capital gains yield.
The bond's expected capital gains yield is zero.
The capital gains are the difference in price of the bonds
As this bond is being sale at par there are no variation thus, zero capital gains.
Answer:
1.Predetermined overhead allocation rate = $2.10 per Machine Hour
2.Overhead allocated = $10,605
Explanation:
1. Predetermined overhead allocation rate
using
Estimated manufacturing overhead costs / Estimated Machine Hours = Predetermined overhead allocation rate
=<u>$9,450</u> / <u>4,500 Machine Hours</u> = $2.10 per machine hour
Therefore,
Predetermined overhead allocation rate = $2.10 per Machine Hour
2. Manufacturing overhead allocated during the year
Actual Machine Hours Used x Predetermined overhead allocation rate = Overhead allocated
<u>5,050 machine hours</u> x <u>$2.10 per Machine Hour </u>=<u> $10,605
</u>
Therefore,
Overhead allocated = $10,605
Answer:
Leslie studies how individuals go about purchasing products for their personal consumption and what factors influence these decisions. Leslie studies Consumer Buying Behavior.