B.
Customers will have a variety of flavors to choose from
Answer:
ke = D1/Po + g
Ke = $1.56/29 + 0.04
ke = 0.0938 = 9.38%
Explanation: Cost of equity is equal to expected dividend divided by the market price plus growth rate. Ke represents required return or cost of equity, Po denotes the current market price and g is the growth rate.
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Best Shingle's budgeted manufacturing costs for 50,000 squares of shingles are: Fixed manufacturing costs $12,000 Variable manufacturing costs $16.00 per square
Manufacturing cost= direct material + direct labor + manufacturing overhead
MC= 12,000 + 16* 50,000= $812,000
Answer: c. $19
Explanation:
Under the FINRA 5% Policy, a fair and reasonable mark-up or commission is based upon the current market price of the stock not how much the dealer bought it for or rather their cost. As such, when the customer buys, which was the case in this scenario, the mark-up is charged on the <em>inside ask price</em> which in this case is $19.
Were the customer to be selling, any mark-downs will be charged on the <em>inside bid price </em>which in this case is $18.