Answer:
Quarterly dividend (D) = $0.75
Annual return (Ke) = 10.5% = 0.105
Quarterly return = 0.105/4 = 0.02625
Current market price = <u>Quarterly dividend</u>
Quarterly return
=<u> $0.75</u>
0.02625
= $28.57
Explanation:
Current market price is the ratio of quarterly dividend paid divided by quarterly return.
Answer:
D. He will have a tough time finding a job that fits his interests.
Explanation:
The other answers require a sense of self-awareness.
Answer:
$4,908,000
Explanation:
The computation of accumulated depreciation expense for this purchase is shown below:-
Depreciation expense = ((Cost of machine - Salvage) ÷ Estimated useful life of machine)
= (($40,900,000 - $4,090,000) ÷ 15) × 2
= $36,810,000 ÷ 15 × 2
= $4,908,000
Therefore for computing the depreciation expense we simply applied the above formula.
Answer: Industries have more difficulty opening since they will have to resort to bribes from government people.
Explanation: When corruption is very marked in a country, many people know that the way to obtain benefits is through certain bribes. In the case of industries, in order for them to open they have to resort to bribes made by government personnel to have the opportunity for their construction to take place.
Answer:
The overapplied factory overhead results in more expense. The overapplied factory overhead results in increase in cost of good sold. Over-application means that actual overhead are less than reported expense. At the end of the accounting period the company will pass following accounting entry to adjust over application
Debit FOH account 400
Credit Cost of Good Sold 400
So after this adjustment the net income will increase by 400 dollars.
