Answer:
$12.14
Explanation:
The computation of the current value of one share of the stock is shown below:
D2 = (1 × 1.25) = $1.25
D3 = (1.25 × 1.25) = $1.5625
Now
Value after year 3 is
= (D3 × Growth rate) ÷ (Required return - Growth rate)
= (($1.5625 × 1.06) ÷ [0.17 - 0.06)]
= $15.05681818
Now
Current value is
= Future dividends × Present value of discounting factor(17%,time period)
= $1 ÷ 1.17 + $1.25 ÷ 1.17^2 + $1.5625 ÷ 1.17^3 + $15.05681818/1.17^3
= $12.14
Answer:
returning inventory that is defective or broken
Explanation:
Inventory reffered to as set of finished goods/ products as well as other goods that are used in production. It is regarded as current asset on the balance sheet of a company. Inventory safeguarding is very essential in a company to keep them safe, there are some ways in which this can be done.
With the aid of technology such as security cameras which can record any form of theft, door alarms and others can protect inventory from both external/internal threats. Some of thers common examples for safeguarding inventory are;
✓storing inventory in restricted areas
✓physical devices such as two-way mirrors, cameras, and alarms
✓matching receiving documents, purhcase orders, and vendor's invoice
Gross Income. Net income is after taxes have been deducted.
Answer:
From this information one can conclude that last period the variable overhead efficiency (quantity) variance was <u>unfavorable.</u>
Explanation:
The variable overhead efficiency variance measures the difference between the actual and budgeted hours worked with respect to standard variable overhead rate per hour.
Variable overhead efficiency variance can be calculated thus:
Actual labor hours less budgeted labor hours x Hourly rate for standard variable overhead
If the time it takes to manufacture a product and the time budgeted for it matches or performs well, the labor efficiency is favorable.
Variable overhead efficiency variance is deemed unfavorable when it takes the company more time than budgeted to produce. This also shows labor efficiency variance was unfavorable.
The Nazi soldiers were given order to shoot anyone who could not keep up with the march. Those who escape shooting would probably be trampled upon by the moving multitude. <span />
