Answer:
The pure price per share of common stock issued by ZZZ is $175
Explanation:
According to the given data we have the following:
Expected dividend next year=D1=$14
Growth rate=g=1%
Expected rate of return=r=9%
To calculate the pure price per share of common stock issued by ZZZ Corporation Pure price of share will be equal to PV of all future dividends.
Therefore, Pure price per share=D1/(r-g)
Pure price per share= $14/(9%-1%)=$175
Answer:
Bookstore A
The lot size that minimizes costs = 19
The number of times per year to place an order = 6 times.
Explanation:
a) Data and Calculations:
Expected sales units during the next year = 120 calculus textbooks
Cost of storing one calculus textbook for one year = $180 ($1.50 * 120)
Reorder cost = $274 ($10 + $2.20 * 120)
Lot size of order = square root of (2 * 120 * $274)/$180
= square root of 65,760/$180
= square root of 365
= 19 units
Number of times per year to place order = 6 (120/19)
Answer:
Cash received = $4161
Explanation:
given data
merchandise price = $4,500
transportation= $300
returned = $600
to find out
amount of cash received by seller
solution
we know here that free on board shipping point
so buyer to pay the shipping charge that is paid by seller
it is also add in invoice and Cash discount not applicable on transport cost
so
Cash received by seller is
Cash received = (4,500 - 600) × 99% + 300
Cash received = 3861 + 300
Cash received = $4161
<u>The answer is "b. merchandising companies generally have a longer operating cycle than service enterprises."</u>
A merchandising company is an organization that purchases products and after that exchanges them, for the most part at a higher cost than they were acquired.
A Service Enterprise is an association that doesn't simply draw in volunteers, however works with a culture of volunteerism that empowers it to in a general sense use volunteers and their abilities to accomplish its social mission.
