Answer:
B. 9.84%
Explanation:
Given that
D1 = 1.25
P0 = 27.50
g = 5%
F = 6%
Recall that
Cost of equity raised = (D1/P0 - [F × P0]) + g
Thus,
= 1.25/27.50 - [0.06 × 27.50] + 0.05
= 1.25/ 25.85 + 0.05
= 0.04835 + 0.05
= 0.09835
= 0.0984
=9.84%
Answer:
(c) 10,500 equivalent units of production
Explanation:
Equivalent units of production helps manufacturing companies determine the average completed or finished products. Additionally, since there are many items in continuous production, without calculation of equivalent units, it would be difficult to determine how much money was incurred in production costs.
Using the formula
The number of partially completed units (15,000) x percentage of completion (70%) = equivalent units of production (10, 500)
Answer: The answers are provided below.
Explanation:
A stock dividend occurs when the firm uses the money that was meant to be paid to the shareholders as cash dividend to buy additional common shares for them. A stock split occurs when a firm gives two or more new shares to every existing share that an investor holds.
As an investor, I'll consider whether the aim of the company in making a stock split or issuing a stock dividend aligns with my aim of investing in the company. In a case where the aims doesn't align with mine, I'll go and invest in another firm.
A company declaring 100% dividend shows growth and also, as a stakeholder, tax may not be paid by me. Stock split gives room for small investors to invest and it also reduces share price.
Answer:
The statement of cost of goods manufactured is given below.
Statement of Cost of Goods Manufactured
Direct Material $ 71,000
Direct Labour Cost $ 37,000
Indirect Labour Cost $ 2,700
Indirect Material Cost $ 1,600
Utilities $ 3,100
Maintenance $ 4,500
Supplies $ 1,800
Depreciation $ 7,900
Property Tax $ 2,600
Total Cost $ 132,200
o/p WIP $ 5,500
c/l WIP ($ 7,500)
COGM $ 130,200
Answer:
b. Creativity does not require discipline.
Explanation:
Front end business practice is the strategy to develop and progress business activities from customer perspective. It focusses on customer demand and then products are customized according to customer needs. Marketing efforts are placed to inform customers about the different features of the product.
