MC Qu. 150 Glaston Company manufactures... Glaston Company manufactures a single product using a JIT inventory system. The production budget indicates that the number of units expected to be produced are 184,000 in October, 192,500 in November, and 189,000 in December. Glaston assigns variable overhead at a rate of $0.80 per unit of production. Fixed overhead equals $141,000 per month. Compute the total budgeted overhead that would appear on the factory overhead budget for month of October.

Answers

Answer 1

Answer:

$288,200

Explanation:

Computation for the total budgeted overhead that would appear on the factory overhead budget for month of October.

Using this formula

Total budgeted overhead=(Units expected to be produced*Variable overhead rate)+Fixed overhead

Let plug in the formula

Total budgeted overhead=(184,000 * $0.80) + $141,000

Total budgeted overhead=$147,200+$141,000

Total budgeted overhead = $288,200

Therefore the total budgeted overhead that would appear on the factory overhead budget for month of October is $288,200


Related Questions

Which of the following is an example of a mixed cost?
a. electricity costs of $3 per kilowatt-hour
b. salary of a factory supervisor
c. rental costs of $10,000 per month plus $0.30 per machine hour of use
d. straight-line depreciation on factory equipment

Answers

Answer:

C

Explanation:

Mixed cost is a cost that consists of both fixed cost and variable cost

Fixed costs are costs that do not vary with output. e.g., rent, mortgage payments, depreciation

Variable costs are costs that vary with production

An example of variable cost is electricity costs of $3 per kilowatt-hour. If the factory is locked down, no electricity cost would be incurred.

The rental costs of $10,000 per month plus $0.30 per machine hour of use consists of both a fixed cost and a variable cost

the fixed cost is 10,000

the variable cost is  $0.30 per machine hour

Mary is currently buying apples and oranges such that the last unit of apples has 30 units of utility and the last unit of oranges has 40 units of utility. She has allocated her entire budget. If the price of an apple is 10 cents and the price of an orange is 20 cents, to maximize her utility, what should Mary do

Answers

Answer:

Buy more apples and fewer oranges

Explanation:

Utility is defined as the level of enjoyment or satisfaction that a person gets from consumption of a good or service.

Consumers logically try to maximise utility.

In the given instance we need to get the level of utility for apples and oranges to see which has more utility per unit cash spent.

For apples utility per cash spent = 30 units of utility ÷ 10 cents= 3 utility per cent

For oranges utility per cash spent = 40 units of utility ÷ 20 cents = 2 utility per cent

As apples have a higher utility per cent spent, it will be best Mary buys more apples and fewer oranges

A bicycle repair company conducted segmentation research and then targeted their direct mail coupons for a first bike tune-up to that identified customer segment. What basic question did targeting and segmentation answer for the company

Answers

Answer:

Who am I trying to reach?

Explanation:

Targeting and segmentation is the process by which a company focuses marketing activities regarding a particular product to a defined customer profile.

Certain criteria like income, age, location, culture and so on can be used as a basis for segmentation.

Basically the question that segmentation and targeting answers is - Who am I trying to reach?

In the given scenario the bicycle repair company conducted segmentation research and then targeted their direct mail coupons for a first bike tune-up to that identified customer segment.

So they answered who they want to sell to.

The University of Central Florida has a typical College of Business which houses several specific mini-departments such as management, marketing, finance, accounting, economics, and real estate. This College of Business best resembles a(n) ________ structure.

Answers

Answer:

functional

Explanation:

It is correct to say that the College of Business is better similar to a functional structure, which is a type of organizational structure where there is an organization of resources by departments, where there are employees with similar knowledge and specializations, the division of work occurs by function.

In this type of structure, there is the possibility of work specialization, where there is an appreciation of the exchange of knowledge and experiences of the work function, greater development of managers, greater standardization of work and processes.

he manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 3,600 direct labor-hours will be required in January. The variable overhead rate is $4 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $43,200 per month, which includes depreciation of $3,560. All other fixed manufacturing overhead costs represent current cash flows. The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be: Multiple Choice $54,040 $39,640 $14,400 $57,600

Answers

Answer:

$54,040

Explanation:

Calculation to determine what The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:

Using this formula

Cash disbursements for manufacturing overhead= Variable + Fixed

Let plug in the formula

Cash disbursements for manufacturing overhead= (3600*4) + (43,200 - 3,560)

Cash disbursements for manufacturing overhead= $14,400 + $39,640

Cash disbursements for manufacturing overhead= $54,040

Therefore The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:$54,040

Sutton Inc. can produce 100 units of a component part with the following costs: Ch01Q78 If Sutton Inc. can purchase the component part externally for $345,000 and only $28,000 of the fixed costs can be avoided, what is the correct make-or-buy decision

Answers

Question Completion:

Direct materials cost $150,000

Direct labor cost $100,000

Variable overhead $50,000

Fixed overhead $60,000

Answer:

Sutton Inc.

The correct make-or-buy decision is:

Continue to produce the component.

Explanation:

a) Data and Calculations:

Production costs:

Direct materials cost $150,000

Direct labor cost       $100,000

Variable overhead     $50,000

Fixed overhead         $60,000

Production costs =  $360,000

Relevant costs to make:

Direct materials cost $150,000

Direct labor cost       $100,000

Variable overhead     $50,000

Fixed overhead          $28,000

Avoidable costs =    $328,000

Cost of purchasing the component = $345,000

Difference = $17,000

Sutton will pay $17,000 more if it buys the component than if it makes it.  Therefore, it is more cost-effective to make the component than buying from the outside supplier.

The following data apply to Elizabeth's Electrical Equipment:
Value of operations $20,000
Short-term investments $1,000
Debt $6,000
Number of shares 300
The company plans on distributing $50 million by repurchasing stock. What will the intrinsic per share stock price be immediately after the repurchase?

Answers

Answer:

$50

Explanation:

Calculation to determine the intrinsic per share stock price be immediately after the repurchase

First step

Total Assets=Value of operations of 20,000+ Short term investments of 1000

Total Assets=$21,000

Second step

Equity =Assets - Debt

Equity= $21,000-$6,000

Equity= $15,000

Now let determine the intrinsic per share stock price

Intrinsic per share stock price=$15,000/300

Intrinsic per share stock price=$50

Therefore the Intrinsic value per share will be $50 immediately after the repurchase has occured.

The intrinsic per share stock price immediately after the repurchase would be approximately $166,716.67

How did we get the value?

To determine the intrinsic per share stock price immediately after the repurchase, we need to calculate the new number of shares outstanding after the repurchase and then divide the remaining value of operations by the new number of shares.

Given data:

Value of operations: $20,000

Short-term investments: $1,000

Debt: $6,000

Number of shares: 300

First, we need to calculate the new number of shares outstanding after the repurchase. Since the company plans on distributing $50 million by repurchasing stock, we can use this information to determine the number of shares repurchased.

The value of operations ($20,000) plus the short-term investments ($1,000) minus the debt ($6,000) gives us the total equity value of the company before the repurchase:

Equity value before repurchase = Value of operations + Short-term investments - Debt

= $20,000 + $1,000 - $6,000

= $15,000

Let's assume the repurchased shares are denoted by R.

Now, we can set up an equation to represent the total equity value after the repurchase:

Equity value after repurchase = (Number of shares - R) × Intrinsic per share stock price

Given that the total equity value after the repurchase is $15,000 and the number of shares is 300, we have:

$15,000 = (300 - R) × Intrinsic per share stock price

We also know that the company plans on distributing $50 million by repurchasing stock, so we can set up another equation to represent the total value of the repurchased shares:

Total value of repurchased shares = R × Intrinsic per share stock price

Given that the total value of repurchased shares is $50 million, we have:

$50,000,000 = R × Intrinsic per share stock price

Now we can solve these two equations simultaneously to find the values of R (repurchased shares) and Intrinsic per share stock price.

We have the following system of equations:

$15,000 = (300 - R) × Intrinsic per share stock price ...(1)

$50,000,000 = R × Intrinsic per share stock price ...(2)

Divide equation (2) by Intrinsic per share stock price:

$50,000,000 / Intrinsic per share stock price = R

Substitute this value of R into equation (1):

$15,000 = (300 - ($50,000,000 / Intrinsic per share stock price)) × Intrinsic per share stock price

Simplify:

$15,000 = 300 × Intrinsic per share stock price - (50,000,000 / Intrinsic per share stock price) × Intrinsic per share stock price

$15,000 = 300 × Intrinsic per share stock price - 50,000,000

Rearrange the equation:

300 × Intrinsic per share stock price = $15,000 + $50,000,000

300 × Intrinsic per share stock price = $50,015,000

Intrinsic per share stock price = $50,015,000 / 300

Intrinsic per share stock price = $166,716.67 (rounded to two decimal places)

Therefore, the intrinsic per share stock price immediately after the repurchase would be approximately $166,716.67.

learn more about stock price: https://brainly.com/question/26128641

#SPJ6

​(Perpetuities​) What is the present value of the​ following? a. A ​$ perpetuity discounted back to the present at percent b. A ​$ perpetuity discounted back to the present at percent c. A ​$ perpetuity discounted back to the present at percent d. A ​$ perpetuity discounted back to the present at percent

Answers

Answer:

The present value of a perpetuity is calculated as follows:

= Cashflow / Discount rate

a. Present value of $400 perpetuity discounted at 15%

= 400 / 0.15

= $2,666.67

b. Present value of $3,000 perpetuity discounted at 19%

= 3,000 / 0.19

= $15,789.47

c. Present value of $110 perpetuity discounted at 16%

= 110 / 16%

= $687.50

d. Present value of $60 perpetuity discounted at 12%

= 60 / 0.12

= $500

A three-year bond has an 8.0 percent coupon rate and a $1,000 face value. If the yield to maturity on the bond is 10 percent, calculate the price of the bond assuming that the bond makes semiannual coupon payments.

Answers

Answer:

$949.24.

Explanation:

The price of the bond also known as the Present Value (PV) of the Bond CAN be calculated using a Financial Calculator as

FV = $1,000

I/yr = 10%

Pmt = ($1,000 x 8.0 %) / 2 = $40

N = 3 x 2 = 6

P/yr = 2

PV = ???

Inputting the data in a Financial Calculator gives a Present Value of $949.24. Thus the price of the bond is $949.24.

Fore Farms reported a pretax operating loss of $137 million for financial reporting purposes in 2021. Contributing to the loss were (a) a penalty of $5 million assessed by the Environmental Protection Agency for violation of a federal law and paid in 2021 and (b) an estimated loss of $12 million from accruing a loss contingency. The loss will be tax deductible when paid in 2022. The enacted tax rate is 25%. There were no tem

Answers

Answer: Hello your question is incomplete attached below is the complete question

answer:

1) attached below

2) Net operating income ( loss )  = - $104 million

Explanation:

Pretax operating loss = - $137 million

Non deductible Losses ; $5 million fine paid in 2021 ,

estimated $12 million loss from contingency that will be tax deductible in 2022

Enacted tax rate = 25%

Taxable operating income = - $120 million

attached below is the solution

Meghan, a calendar year taxpayer, is the owner of a sole proprietorship that uses the cash method. On February 1, 2020, she leases an office building to use in her business for $157,350 for an 18-month period. To obtain this favorable lease rate, she pays the $157,350 at the inception of the lease.
How much rent expense may Maud deduct on her 2020 tax return? Round any calculations to two decimal places and round the final answer to the nearest dollar.
$

Answers

Answer:

Meghan Sole Proprietorship

The rent expense that Meghan may deduct on her 2020 tax return is:

= $96,158.

Explanation:

a) Data and Calculations:

February 1, 2020: Rent Expenses $157,350 Cash $157,350

Rent Expenses for 2020 = $157,350 * 11/18 = $96,158

b) The actual cash payment for rent should be prorated to the months in 2020 for which the rent was consumed.  This gives 11 months (from February 1, 2020 to December 31, 2020).

Yesterday, the dollar was trading in the foreign exchange market at 1.10 euros per dollar.​ Today, the dollar is trading at 1.20 euros per dollar. The dollar has​ ________ and a possible reason for the change is​ ________ in the expected future exchange rate.

Answers

Answer: appreciated; an increase.

Explanation:

Since there's an increase in the dollar rate at the foreign exchange market at 1.10 euros per dollar to 1.20 euros per dollar, this implies that the dollar has appreciated.

The appreciation of the dollar simply means that there's an increase in the value of the dollar when it's compared to.anitgee currency. Tge reason for the change is​ the increase in the expected future exchange rate.

Competitive priorities define the dimensions on which companies should excel in producing their products or services. Which one of the following statements is true?
a. A firm offering little customization cannot compete simultaneously on the dimension of consistent quality.
b. A firm that competes on the dimension of customization tends to have operating systems that are inflexible.
c. It is impossible for a firm to improve cost and quality simultaneously.
d. A firm that competes on the dimension of volume flexibility is more likely to manufacture products that experience a seasonal demand variation.

Answers

Answer:

b. A firm that competes on the dimension of customization tends to have operating systems that are inflexible.

Explanation:

It is correct to say that a company that competes in the customization dimension tends to have inflexible operating systems, because product customization is a different process from mass production, as the demand is different, the customization process takes longer and therefore requires inflexible operating systems.

Which of the following statements is the most correct?

a. A borrower's long-term debt typically has a higher interest rate than its short-term debt.
b. Debt that is infrequently traded (less liquid) typically has a lower interest rate than similar but highly traded debt.
c. Variable (floating) rate debt is more prevalent when long-term borrowing rates are low.
d. Variable (floating) rate debt should never be used by healthcare providers because it is too risky.
e. Fixed interest rate debt is more prevalent when long-term borrowing rates are high.

Answers

Answer:

A

Explanation:

i think it has been explain according to the option

Pattison Products, Inc., began operations in October and manufactured 40,000 units during the month with the following unit costs:
Direct materials $5.00
Direct labor 3.00
Variable overhead 1.50
Fixed overhead 7.00
Variable marketing cost 1.20
Fixed overhead per unit 1.20
Total fixed factory overhead is $280,000 per month. During October, 38,400 units were sold at a price of $24, and fixed marketing and administrative expenses were $130,500.
Required:
1. Calculate the cost of each unit using absorption costing.
2. How many units remain in ending inventory? What is the cost of ending inventory using absorption costing?
3. Prepare an absorption-costing income statement for Pattison Products, Inc., for the month of October.

Answers

Answer:

Following are the responses to the given question:

Explanation:

For question 1:

Calculating the cost per unit:

[tex]\text{Direct material}\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$5\\\\\text{Direct labor} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$3\\\\\text{Variable overhead}\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$1.5\\\\\text{Fixed overhead}\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$7\\\\\text{Cost per unit}\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$16.5\\\\[/tex]

For question 2:

Calculating the ending inventory units:

[tex]= \text{Beginning inventory + units produced - ending inventory}\\\\= 0+40,000-38,400\\\\= 1600\ units\\\\[/tex]

Calculating the cost for the Ending inventory:

[tex]=1600\ units \times \$16.5\\\\=\$26,400\\\\[/tex]

For question 3:

Calculating the absorption costing for the income statement:

Particular                                             Amount

Sales [tex](38,400\times \$24)\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$921,600[/tex]

-COGS[tex](38,400\times \$16.5)\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$633,600[/tex]

Gross profit                                          [tex]\$288,000[/tex]

Cost of variable marketing  [tex](\$1.2\times 38,400)\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$46,080[/tex]

marketing and administrative costs are fixed [tex]\$130,500[/tex]

Net income                                            [tex]\$111,420[/tex]

Below is budgeted production and sales information for Best Dog Collar Company for the month of December:

Product CCC Product DDD
Estimated beginning inventory 30,000 units 18,000 units
Desired ending inventory 32,000 units 15,000 units
Region I, anticipated sales 320,000 units 500,000 units
Region II, anticipated sales 190,000 units 130,000 units

The unit selling price for product CCC is $5 and for product DDD is $12. Budgeted sales for the month are:

a. $9,692,000
b. $8,680,000
c. $10,110,,000
d. $9,010,000

Answers

Sorry I can’t find the answer

You own a portfolio equally invested in a risk-free asset and two stocks. If one of the stocks has a beta of 1.62 and the total portfolio is exactly as risky as the market, what must the beta be for the other stock in your portfolio

Answers

Answer:

1.71

Explanation:

Systemic risk is measured by beta. The higher beta is, the higher the systemic risk and the higher the compensation demanded for by investors

The market has a beta of one. If a portfolio has the same level of systematic risk that is the same as that of the market, its beta would be equal to 1.  

The beta of a risk free asset is zero

The portfolio's beta can be determined by adding together the weighted beta of each stock in the portfolio

weighed beta of a stock = percentage of the stock in the portfolio x beta of the stock  

1 = (0.3 x 1.62) + (0.3 x 0) + (0.3 x a)

1 = 0.486 + 0 + 0.3a

1 - 0.486 = 0.3a

a = 1.71

Answer please I need help

Answers

Answer:

1st answer is 1,100

2nd answer is 1,050

Fina Corp. had the following transactions during the quarter ended March 31, 2018: Payment of fire insurance premium for calendar year 2018 800,000 What amount should be included in Fina's income statement for the quarter ended March 31, 2018?

Answers

Answer:

$200,000

Explanation:

When a company prepays for  a service, the amount prepaid is recognized as an asset until the service is enjoyed (usually with the passing of time).

This is recorded as follows

Dr Prepaid expense

Cr Cash account

Being entries to recognize amount prepaid.

As the service is enjoyed,

Dr Expense

Cr Prepaid expense

Being entries to recognize expense incurred.

Since 800,00 was the amount prepaid for the calendar year 2018, by 31 March 2018, the amount used up (to be recognized as expense in the income statement) will be

3/12 * $800,000

= $200,000

ABC Manufacturing allocates overhead based on direct labor hours. You are given the following information for 2020:
Budget: Budgeted overhead $2,000, budgeted direct labor hours: 1,000
Actual: Actual overhead was $3,000, actual direct labor hours worked: 1,200
Overhead for 2020 was:_______.
a. Underapplied by $1,000
b. Underapplied by $600
c. Overapplied by $1,000
d. Overapplied by $600

Answers

Answer:

c. Overapplied by $1,000

Explanation:

Given that budgeted overhead is $2000 and actual overhead is $3000, overhead is overapplied or in excess(deficit) of overhead budget by $1000. If actual overhead were to be lower than budgeted overhead, overhead would be under applied or we would have a surplus of $1000(if budgeted overhead is $3000 and actual overhead is $1000 for example).

Herr Corporation has 3,000 shares of 7%, $100 par value preferred stock outstanding at December 31, 2019. At December 31, 2019, the company declared a $105,000 cash dividend. Determine the dividend paid to preferred stockholders and common stockholders under each of the following scenarios.

The preferred stock is noncumulative, and the company has not missed any dividends in previous years.

1. The dividend paid to preferred stockholders ____________
2. The dividend paid to common stockholders _____________

Answers

Answer and Explanation:

The computation is given below:

a. For preferred stockholders

= 3000 shares × $100 × 7%

= $21,000

b. For common stockholders

= $105,000 - $21,000

= $84,000

In this way it should be calculated

The same should be considered and relevant

A company had net income of $43,000, net sales of $380,500, and average total assets of $220,000. Its profit margin and total asset turnover were, respectively:

a. 11.3%; 1.73
b. 11.3%; 19.5
c. 1.7%; 19.5
d. 1.7%; 11.3
d. 19.5%; 11.3

Answers

Answer:

11.3%, 1.73

Explanation:

Net income= 43,000

Net sales= 380,500

Total assests= 220,000

Therefore profit margin can be calculated as follows=

Net income/sales

= 43000/380,500

= 0.113×100

= 11.3%

Total assets turnover can be calculated as follows

= 380,500/220,000

= 1.73

the Hence profit margin is 11.3% and total assets turnover is 1.73

According to a summary of the payroll of Mountain Streaming Co., $110,000 was subject to the 6.0% social security tax and the 1.5% Medicare tax. Also, $25,000 was subject to state and federal unemployment taxes.

Required:
Calculate the employer's payroll taxes.

Answers

a. Calculate the employer's payroll taxes, using the following rates: state unemployment, 5.4%; federal unemployment, 0.8%.

Answer:

$9800

Explanation:

This question requires us to calculate the employer's payroll taxes

His social security tax = $110000*6.0%

= 110000x0.06

=$6600

His Medicare tax = $110000*1.5%

= 110000*0.015

= $1650

His state and federal unemployment tax = 25000 dollars

State = 25000x5.4%

= $1350

Federal = 25000x0.8%

= $200

Total employers payroll tax

$(6600+1650+1350+200)

= $9800

Waterway Industries started the year with total assets of $314000 and total liabilities of $254000. During the year the business recorded $626000 in revenues, $327000 in expenses, and dividends of $61000. The net income reported by Waterway Industries for the year was

Answers

Answer:

the  net income reported by Waterway Industries for the year was $299,000

Explanation:

The computation of the net income reported is as follows:

As we know that

Net income = Revenue - expenses

= $626,000 - $327,000

= $299,000

hence, the  net income reported by Waterway Industries for the year was $299,000

The same should be considered

Asonia Co. will pay a dividend of $4.95, $9.05, $11.90, and $13.65 per share for each of the next four years, respectively. The company will then close its doors. If investors require a return of 9.2 percent on the company's stock, what is the stock price

Answers

Answer: $30.86

P = $4.95/(1 + .92) + $9.05/(1 + .92)^2 + $11.90/(1 + .92)^3 + $13.65/(1 + .92)^4

P = 4.53+7.59+ 9.14+ 9.60=$30.86

Explanation:

Dividend discount: Dividend year 1 divided by (1 plus the required rate of return)

PLUS Dividend year 2 divided by (1 plus the required rate of return) to the second power

PLUS Dividend year 3 divided by (1 plus the required rate of return) to the third power

PLUS Dividend year 4 divided by (1 plus the required rate of return) to the fourth power

Rolando, a senior employee, has been asked to monitor the activities of some new employees and report to her if he finds them engaged in activities that are not work related. He finds them spending far too much time on social networking sites. However, instead of reporting this, he advises the new employees to refrain from using those sites in the future. Moreover, he tells Alexa that they were doing their work effectively. In this scenario, Rolando has engaged in

Answers

Answer:

Explanation:

From the question we are informed about Rolando, who is a senior employee, has been asked to monitor the activities of some new employees and report to her if he finds them engaged in activities that are not work related. He finds them spending far too much time on social networking sites. However, instead of reporting this, he advises the new employees to refrain from using those sites in the future. Moreover, he tells Alexa that they were doing their work effectively. In this scenario, Rolando has engaged in Filtering.

Filtering can be regarded as distortion as well as withholding of information so that reactions of a person or entity can be managed. It can be explained as process whereby some information is been hide to higher rank workers by

employee, whereby this is done so that

employees that committed a fault is not affected. Filtering serves as an act that middle-range workers can take to give

enough confidence to their surbodinates so that they can correct themselves which is alternative of punishing them.

Broker Pat received an offer for a listing along with a $5,000 check from the buyer as an earnest money deposit. When the owner accepts the offer, Pat should handle the check in any of the following ways, except to:____.
a. deposit the check into Pat's brokerage account.
b. give the check to the owner of the property.
c. give the check to the escrow agent.
d. deposit the check in Pat's trust fund account.

Answers

Answer:

b. Give the check to the owner of the property.

Explanation:

Pat is a broker who has received an offer for a listing along with check. He can give the check to an escrow agent or deposit the check into pat's brokerage account. he cannot give check directly to the owner of the property.

Conoly Co. has identified an investment project with the following cash flows. If the discount rate is 10 percent, what is the present value of these cash flows? What is the present value at 18 percent and at 24 percent? Year 1, 2, 3, and 4 Cash Flow $1,200, 600, 855 and 1,480 respectively

Answers

Answer:

Present Value when discount rate is 10% = $3240.01

Present Value when discount rate is 24% = $2432.40

Present Value when discount rate is 18% = $2,731.61

Explanation:

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in year 1 = $1,200

Cash flow in year 2 = 600

Cash flow in year 3 = 855  

Cash flow in year 4 = 1,480

Present Value when discount rate is 10% = $3240.01

Present Value when discount rate is 24% = $2432.40

Present Value when discount rate is 18% = $2,731.61

To find 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  

Kevin promises to pay Macarena, his daughter, $5,000 if she obtains her degree at Brookdale community College, where she is currently in her first year. Macarena graduates. If a Court refuses to enforce the agreement it would most likely be because:

Answers

Question Completion with Options:

A. Macarena finished college.

B. Obtaining a college degree benefits Macarena.

C. A job can be hard to find after college.

D. Macarena was already in college.

Answer:

If a Court refuses to enforce the agreement it would most likely be because:

D. Macarena was already in college.

Explanation:

Macarena was currently in her first year when the promise was made by her father.  This means that Macarena is not giving any consideration for the father's promise.  But, if she enters the college based on the promise and eventually graduates in the college, then the court will not likely refuse to enforce the agreement. Kevin's promise to pay Macarena $5,000 is not enforceable because of past consideration.

he next dividend payment by Savitz, Inc., will be $5.05 per share. The dividends are anticipated to maintain a growth rate of 5 percent forever. If the stock currently sells for $43 per share, what is the required return

Answers

Answer:

16.74%

Explanation:

Current Price = Expected Dividend / (Required Return - Growth Rate)

Required Return = (Expected Dividend / Current Price) + Growth rate

Required Return = ($5.05 / $43) + 5%

Required Return = 0.1174419 + 0.05

Required Return = 0.1674419

Required Return = 16.74%

Other Questions
Algebraic math question The maximum price that can be asked for the new jPad model is $2,000 at which point they would sell 0 units. It costs Pear $600 to manufacturer and deliver these jPads to their stores. Determine the optimal price for this new jPad, which can be assumed to operate in a monopoly (at least upon introduction). Help please anyone please Figgins is the dean of a college. He appointed Sue to be acting dean while he was out of the country and posted an announcement on the college website which said that Sue was authorized to act in his place. Figgins also told Sue privately that she could do most everything in his job description while he was away, but she did not have the right to make admissions decisions. While Figgins was gone, Sue overruled the admissions committee to admit the child of a wealthy alumnus. Does the child have the right to attend this college Choose the correct alternative to complete dialogue between Tom and Mary: Tom: --------------- Mary: Are you kidding? We are in June. Tom: So what? What's wrong with June? Mary: The right time to trim your roses is the beginning of winter, when they lose their flowers. 1. Are you going to plant those roses in your garden in June or July?2. Are we supposed to do anything special to keep the roses fresh?3. Have you got any idea what the right time is to shorten rose plants?4. Can you help me prune the roses in the garden at the weekend? Why use LinkedIn Sales Navigator? Pettygrove Company had 800,000 shares of $10 par value common stock outstanding. The amount of additional paid-in capital is $4,000,000, and Retained Earnings is $1,200,000. The company issues a 2-for-1 stock split. The market price of the stock is $14. What is the balance in the Common Stock account after this issuance Use what you know about sine, cosine, and tangent to calculate the height of the buildings in the diagram below. PLS HELP!!!Solve x^2 4 = 5 by graphing the related function.A) There are two solutions: 3 and 3.B) There are two solutions: 1.C) There is one solution: 1D) There are no real number solutions. what is Newton's Law of Cooling? Select all that are True. a. For an isoelectronic series, the species with the most negative charge has the smallest first ionization energy. b. The removal of an electron from a neutral atom results in a release of energy in the form of heat. c. For an isoelectronic series, the species with the most positive charge has the smallest first ionization energy. Which suffix means to make something be in a particular state?A. -orB. -ologyC. -ifyD. -like please give me correct answer The magnetic coils of a tokamak fusion reactor are in the shape of a toroid having an inner radius of 0.700 m and an outer radius of 1.30 m. The toroid has 900 turns of largediameter wire, each of which carries a current of 14.0 kA. Find the magnitude of the magnetic field inside the toroid along (a) the inner radius and (b) the outer radius. The circumference of a circle is 17pi ft. what is the area, in square feet? Look at these pictures and write a story in your notebook. How many edges are there?A. not enough informationB. 15C. 7D. 10 Please help me solve this guys Thankyou so much Use your research findings to write an editorial. The editorial should be based on the viewpoint of one of the four perspectives: Chinese merchant, British merchant, Chinese politician, or British politician. Be sure to include specific information to further your argument.Use your graphic organizer to guide you as you write. Keep your focus on making a convincing argument. Your essay should contain the following:A few sentences that introduce the issueA sentence or two that clearly identifies your positionAt least one strong point in opposition to your positionA short rebuttal of that opposing pointAt least three convincing supporting points for your positionA concluding sentence or twoA works-cited list: Include a list of all the sources that you used. These should also be cited within the body of your essay using parenthetical citations. Use the MLA Style Guide for your citations. The equation y = 4x represents the relationship between time, x, and distance traveled, y. Which table representsthis relationship?xyyxy*y* 104414280Oo28284841612316512832N