Answer: On agriculture, textiles, and automobiles.
Explanation:
Answer:
First we need to find the required rate of return on Cooperton Mining
We can use the DDM model for that
D*(1+G)/R-G=Price
Before the dividend cut
50.12=3.86*1.032/R-0.032
50.12R-1.60=3.98
R=0.11 or 11%
Now we can use R from this to find the expected share price after the dividend cut
2.48*1.049/0.11-0.049= $42.6 Will be the new expected price.
Explanation:
Answer:
Credit
Explanation:
The Common Stock Account is a also known as the stockholder's equity account.
Equity accounts maintain Credit balances with the corresponding Debit entries going to the Cash Received Account when the payment is made for the issued shares.
In the case of Rush Inc's issue of 10 shares at the Market Price of $10, the first entry in the Common Stock account is a Credit entry. Once, the corresponding debit entry will go the Cash Account.
Friction plus structural unemployment. When the economy is at full employment, cyclical unemployment is equal to 0.
Answer:
390 F
Explanation:
Spending variance is defined as the difference between the actual expenses and planned expenses. It is favorable when the actual expenses is less than planned and vice versa.
Operating cost $3000
Maintenance per snow day - $330
Budgeted snow day - 24
Actual snow day - 26
Actual operating cost - $11,190
Variance
((330*26)+3000 =11580
Actual operating cost = 11,190
Variance = 11580-11190= 390 F