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LenaWriter [7]
3 years ago
5

2. The Lexington Property Development Company has a $10,000 note receivable from a customer due in three years. How much is the

note worth today if the interest rate is a. 9%
Business
1 answer:
4vir4ik [10]3 years ago
8 0

Answer:

$7721.83

Explanation:

the worth of the note today can be determined by calculating the present value of the cash flows

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in  year 1 and 2 = 0

Cash flow in  year 3 = 10,000

I = 9%

PV = $7721.83

To determine the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

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A. Computer stocks currently provide an expected rate of return of 14%. MBI, a large computer company, will pay a year-end divid
Mice21 [21]

Answer:

a. Dividend growth rate = 9%

b. $40

c. If Price is reduced then Earning per share will also decrease.

Explanation:

a. The computation of Growth rate is shown below:-

Share price = Expected dividend ÷ (Cost of equity - Dividend growth rate)

$80 = $4 ÷ (0.14 - Dividend growth rate)

11.20 - 80 × Dividend growth rate = 4

Dividend growth rate = 9%

b-1 The computation of Price is shown below:-

= Expected dividend ÷ (Cost of equity - Revised downward percentage)

= 4 ÷ (0.14 - 0.04)

= 4 ÷ 0.10

= $40

b-2 If Price is reduced then Earning per share will also decrease.

6 0
4 years ago
Henderson Co. has fixed costs of $36,000 and a contribution margin ratio of 24%. If expected sales are $200,000, what is the mar
GREYUIT [131]

Answer:

The margin of safety as a percent of sales is 25%

Explanation:

Break-even is the level of sales at which business has no profit no loss situation.

Break-even point = Fixed cost / Contribution margin ratio = $36,000 / 24% = $150,000

Margin of safety is the level of sales at which the business is safe from making loss. Margin of safety measures the profit after the break-even point.

Margin of Safety = Total sales - Break-even point = $200,000 - $150,000 = $50,000

Margin of safety to sales = ( $50,000 / $200,000 ) x 100 = 0.25 x 100 = 25%

6 0
3 years ago
At the beginning of the month, the forming department of martin manufacturing had 10,000 units in inventory, 30% complete as to
bonufazy [111]

Answer:

Equivalent units for materials are  68,400 units

Equivalent units for conversion are  66,800 units

Explanation:

Eighted average costing adds the value of beginning invventory in the period cost to calculate the average cost per unit.

According to this method the equivalent units formula is as follow

Equivalent Units  = Unit completed and transferred to Finished goods + Units in Work in Process x Completion percentage

Material

Equivalent Units  = 62,000 + 8,000 x 80% = 68,400 units

Conversion

Equivalent Units  = 62,000 + 8,000 x 60% = 66,800 units

6 0
4 years ago
Listed below are several document terms. Match each term with the corresponding statement in the list provided. Some terms may b
GrogVix [38]

Answer:

1. The raw materials record

is a control for the materials stored in the storeroom. In order to get direct​ materials, a(n) materials requisition

must be presented.

2. Before production​ begins, the​ manufacturer's purchasing department issues purchase orders

to its supplier for needed direct materials.

3. A(n) receiving report

is typically a duplicate of the purchase order but without the quantity​ pre-listed on the form.

4. The bill of materials

is like a list of ingredients in a​ recipe, stating the materials needed to produce a product.

5. A(n) job cost record

is used to accumulate all of the costs affiliated with each job.

6. All direct laborers in the factory fill out​ a(n)

labor time record.

7. The accounting department will not pay​ a(n)

invoice unless it agrees with the quantity of parts both ordered and received.

8. Each item in the raw materials storeroom has its own raw materials record.

Explanation:

1. The raw materials record

is a control for the materials stored in the storeroom. In order to get direct​ materials, a(n) materials requisition

must be presented.

2. Before production​ begins, the​ manufacturer's purchasing department issues purchase orders

to its supplier for needed direct materials.

3. A(n) receiving report

is typically a duplicate of the purchase order but without the quantity​ pre-listed on the form.

4. The bill of materials

is like a list of ingredients in a​ recipe, stating the materials needed to produce a product.

5. A(n) job cost record

is used to accumulate all of the costs affiliated with each job.

6. All direct laborers in the factory fill out​ a(n)

labor time record.

7. The accounting department will not pay​ a(n)

invoice unless it agrees with the quantity of parts both ordered and received.

8. Each item in the raw materials storeroom has its own raw materials record.

7 0
4 years ago
Tài liệu về NVL X tại 1 DN tính và nộp thuế GTGT theo phương pháp khấu trừ tháng 03/N
hram777 [196]

Answer::!;!,!’cldldkfnbbfndkdfkf

Explanation:

Fbxnbdndndnxnxfnnfncdk

8 0
3 years ago
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