Answer:
10.4%
Explanation:
The formula to calculate the cost of equity is:
Cost of equity= (DPS/MPS)+r
DPS= Dividend per share
MPS= Market price per share
r= Growth rate of Dividends
Cost of equity= (2.77/40.12)+0.0350
Cost of equity=0.069+0.0350
Cost of equity=0.104→ 10.4%
The company's cost of equity if the current stock price is $40.12 per share is 10.4%.
Answer:
$29
Explanation:
Smores corporation produces and sells many camping products
The following data was recorded during its first month of operation
Selling price per unit= 42,000
Selling and administrative expenses= $81
Units produced = 47000 units
Variable per unit= $2
Total= $561,000
Manufacturing costs
Dirct materials= $17
Direct labor= $8
Variable manufacturing overhead= $4
Therefore the unit of product cost can be calculated as follows
= Direct material + direct labor + variable manufacturing overhead
= $17 + $8 + $4
= $29
Hence the unit of product cost is $29
Answer:
C. Economic entity assumption
Explanation:
Monetary unit assumption: As per this assumption, US dollar is considered to be a king. The accountants are forbidden of logging transactions in any other currency. It also grant accountants permission to ignore inflation when reviewing the statements considering that purchasing power of a dollar remains unchanged.
Going concern assumption: As per this assumption, a firm will continue its operations for the foreseeable years. Irrespective of the fact, whether the owner is alive or not, a firm may continue to operate unless dissolved. In case of bankruptcy, a firm will discontinue its operations.
Cost principle: As per this principle, an asset should be recorded at the acquired price. The acquired price is the price at which the asset was originally purchased i.e. the historical cost of an asset.
Economic entity: Each firm or organization is an economic entity and has a separate artificial identity from its owner or stakeholders. So, only the transactions pertaining to business are recorded and personal expenses are excluded from the financial statements of the firm.
Thus, the personal expense of president of the company should not have been recorded in the financial statements of the company.
Depends of the negatives info but typically around 7 years
Answer: dealer (private) brand
Explanation: In simple words, private brand refers to the products that are exclusively manufactured by a separate entity for a particular retail store or chain.
Such products are sold by that retail brand in its own name and are generally priced lower than other similar products that are offers in the market.
People tend to have a perception that such products are of low quality due to non reliability of the manufacturer and lower prices but this way of thinking is changing rapidly.