Answer:
$343,000
Explanation:
Given that,
Sales revenue = $385,000
Operating expenses = $65,000
Net loss = $23,000
Gross profit:
= Net loss + Operating expenses
= - $23,000 + $65,000
= $42,000
Cost of goods sold:
= Sales revenue - Gross profit
= $385,000 - $42,000
= $343,000
Therefore, the amount of cost of goods sold for the Lucky is $343,000.
Answer:
B) $26.30
Explanation:
To determine an investor's valuation of the stock we must calculate the present value of next year's dividend and selling price:
present value = [dividend / (1 + rate)] + [selling price / (1 + rate)]
present value = [$0.24 / (1 + 15%)] + [$30 / (1 + 15%)] = $0.21 + $26.09 = $26.30
Answer:
phases in the sequence of Recession, trough, expansion and Peak
Explanation:
we know that 4 phases of a business cycle are
peak and downturn (recession) and trough and upturn (expansion)
top of cycle is called peak
and boom is a very high peak
recession where conomic activity is falling from the peak
and when decline persist for more than 2 consecutive quarters that is recession
and The bottom of the recession is trough
so we know business cycle is a economic model that describe fluctuation in economic activity
and that includes production of goods and service and business cycle go through its phases in the sequence of Recession, trough, expansion and Peak
Answer:
21%
Explanation:
Given that,
Cost of share = $21.70
Expect to pay dividend in year 1 = $1.00
Expect to pay dividend in year 2 = $1.16
Expect to pay dividend in year 3 = $1.3456
Expected selling price of share at the end of year 3 = $28.15
Growth rate in Dividends:
= [(Dividend in Year 2 - Dividend in Year 1) ÷ Dividend in Year 1] × 100
= [($1.16 - $1.00) ÷ $1.00] × 100
= 0.16 × 100
= 16%
Expected dividend yield
:
= (Dividend in year 1 ÷ Cost of Share
) × 100
= (1.00 ÷ $21.70) × 100
= 0.05 × 100
= 5%
Stock's expected total rate of return:
= Expected Dividend Yield + Growth rate in Dividends
= 5% + 16%
= 21%
Factors that impact the poverty rate: crime depending on the place the person lives in, social inequality, environmental conditions, and the lack of education