If the company reported a $1,600 favorable VMOH Rate Variance for the period, the VMOH standard rate used during the period was (round to the nearest cent) $ 5.20 per DLH
To calculate the standard rate for variable manufacturing overhead (VMOH) per direct labor hour (DLH), we can use the following formulae:
Standard VMOH Rate = \(\frac{Actual VMOH Expense}{Actual Direct Labor Hours}\)
Given the information provided:
Actual VMOH Expense = $19,200
Actual Direct Labor Hours = 4,000 DLHs
Using the formula, we can calculate the standard VMOH rate:
Standard VMOH Rate = \(\frac{19,200}{4,000 DLHs}\)
Standard VMOH Rate = $4.80 per DLH (rounded to the nearest cent)
Given a VMOH Rate Variance of $1,600 favorable, which means the standard rate was higher than the actual rate.
Total variance per DLH to the actual rate: \(\frac{1,600 }{4,000}\) DLHs = $0.40 per DLH.
Now, the total standard VMOH rate = Actual VMOH rate + Variance per DLH = $4.80 + $0.40 = $5.20 per DLH.
So, the VMOH standard rate used during the period was $5.20 per DLH.
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In 2019, national saving in Korea equaled 34.8 percent of GDP, and domestic investment equaled 30.0 percent of GDP. Source: International Monetary Fund, "World Economic Outlook Database," March 2021. a. Calculate net foreign investment in Korea as a percentage of GDP. Net foreign investment in Korea as a percentage of GDP equals percent of GDP. (Enter your response rounded to one decimal place.) b. Can we say with certainty whether in 2019 the Korean government was running a surplus or a deficit? A. No, to determine if the government was running a surplus or a deficit, we would need information on private saving. B. No, we would need to know whether the country was exporting more than it was importing, or vice versa, in order to make this determination. C. Yes, if we substitute the values above into the saving and investment equation, it yields a positive number, indicating the government was running a surplus. D. Yes, if we substitute the values above into the saving and investment equation, it yields a negative number, indicating the government was running a deficit.
Answer:
Explanation:
Which of the following is a benefit of determining your personal vision:
a. A personal vision can help you discover your purpose in life.
b. A personal vision guarantees that you will achieve your dreams.
c. A personal vision finalizes every aspect of your career path.
d. A personal vision allows you to work less and accomplish more.
Answer: the difference between two numbers can be obtained by subtracting the smaller number from the bigger number.
• Here, - 0.4 is the smaller number, and 44.4 is the larger number.
• Therefore, the difference between the two is 44.4 - (- 0.4).
• Now, in mathematics, - and - makes a +.
This implies that, 44.4 - (- 0.4) = 44.4 + 0.4 = 44.8
∴ The required difference is 44.8.
Explanation: follow meif you want to help more
1. Describe how SaksFirst builds loyalty for Saks Fifth Avenue.
SaksFirst built loyalty for Saks Fifth Avenue by broadening its reach and offering more benefits like:
free membership for cardholders without minimum spending earning points toward SaksFirst card with first purchases and free shipping from Saks stores.How do brands build loyalty?Customers only continue to buy or patronize a brand if they feel they can trust the company, this is brand loyalty. Loyalty can be achieved through engaging customers, being reliable, keeping the price reasonable and incentives.
In the case of SaksFirst, they built loyalty by offering free memberships to Saks Fifth avenue customers, giving points for first card purchase and free shipping.
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From the bank reconciliation, no entry was recorded for deposits in transit. This would cause
A. Assets to be understated
B. No impact since deposits aren’t recorded on the books
C. Assets to be overstated
D. No impact since deposits in transit are already included in the balance per books
From the bank reconciliation, no entry was recorded for deposits in transit. This would cause Assets to be overstated Option C.
Deposits in transit refer to deposits made by a company that have been recorded on the company's books but have not yet been recorded by the bank. These deposits are typically made near the end of a reporting period and may not appear on the bank statement until the following period.
When no entry is recorded for deposits in transit, it means that the company has included these deposits in its books but has not adjusted the bank balance to reflect them.
The bank reconciliation process is used to reconcile the company's cash balance per books with the cash balance per bank statement. It involves comparing the transactions recorded by the company with those recorded by the bank and making adjustments for any differences.
Deposits in transit are one of the items that need to be accounted for in the reconciliation process.
If no entry is recorded for deposits in transit, it means that the company has not adjusted its cash balance per books to include these deposits. As a result, the cash balance per books will be higher than the actual cash balance. This leads to an overstatement of assets because the company is reporting a higher amount of cash than it actually has.
Therefore, the correct answer is C. Assets to be overstated. Failing to record deposits in transit will result in an overstatement of assets on the company's books. It is important for the company to recognize and record these deposits to ensure accurate financial reporting and prevent misrepresentation of its financial position. Option C is correct.
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HELP A BRO OUT PLS I ALREADY LATE.
UNIT 2 activity.
The text provides tips and guidance on how to analyze a story that accompanies a healthy recipe.
What is the text about?It advises the reader to determine the author's point of view by identifying whether the writing is in first, second, or third person, which helps to understand how "close" the author is to the recipe. The closer the author is, the more trustworthy they may be as a source of healthy recipes.
The text argues that examining the story that accompanies a recipe is important because stories have a powerful way of influencing the decisions we make. By understanding the literary details in a story, we can better understand how our interaction with "food storytelling" can impact the food choices we make.
Finally, the text highlights the importance of accessing resources on the internet to improve our health but warns that stories can influence our decisions about the recipes we choose to make.
The part 2:
Would you categorize the Orecchiette with Spicy Broccoli Rabe as a healthy recipe? Why or why not?
To answer this question, it is important to consider the ingredients and nutritional information provided in the recipe. A healthy recipe typically includes nutrient-dense ingredients, limits added sugars and unhealthy fats, and provides a balance of macronutrients (protein, carbohydrates, and fat). It's also important to consider portion sizes.Do you trust this author as a source for healthy recipes?
The answer to this question will depend on one's assessment of the author's expertise and credibility when it comes to nutrition and healthy cooking. Factors to consider might include the author's credentials, experience in the field, and track record of providing accurate and helpful information.What are two recipes you found that seem healthier than the Orecchiette with Spicy Broccoli Rabe (please provide links to each recipe)? Why?
Again, this will depend on one's definition of "healthy" and the specific recipes available on the website. Some recipes that might be considered healthier could include those that are lower in calories, higher in protein or fiber, or contain a wider variety of nutrient-dense ingredients.What are two recipes you found that seem less healthy than the Orecchiette with Spicy Broccoli Rabe (please provide links to each recipe)? Why?
This will depend on one's definition of "less healthy" and the specific recipes available on the website. Some recipes that might be considered less healthy could include those that are high in calories, unhealthy fats, added sugars, or sodium.Of all the recipes you found, which one do you think is the healthiest?
This will depend on personal preference and one's definition of "healthy." It might be helpful to consider which recipes include a balance of macronutrients, a variety of nutrient-dense ingredients, and limited amounts of added sugars, unhealthy fats, and sodium.Do you think the recipe story above the Orecchiette with Spicy Broccoli Rabe gives you information that makes it easier to make a healthy choice?
This will depend on personal preference. Some people may find the story helpful in providing context and inspiration for the recipe, while others may prefer to go straight to the recipe without any additional information. Ultimately, it is up to the individual to decide what information they find helpful in making healthy food choices.Read more about healthy recipe here:
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See text below
Part 1
For this part of the activity, you'll be "picking apart" the story above the recipe by determining the author's point of view; distinguishing among fact, opinion and reasoned judgment in the story; and analyzing what the story says, as well as what inferences, or assumptions based on evidence, you may be able to draw from the text. It is precisely these kinds of literary details in the story that can influence our opinion of a recipe (and whether we decide to make it or not), so it is important to understand how our interaction with this kind of "food storytelling" can impact the food choices we make.
But first-a few tips.
When determining an author's point of view, consider whether the piece is written in first person, second person, or third person:
• First person will include words like "I" and "we"
Second person will include words like "you" and "you all"
Third person will include words like "he"/"she" and "them"
Part 2
Having considered all of these aspects of the story, take a look at the actual recipe. Once
you have familiarized yourself with the recipe, do a little exploring on
www.splendidtable.org
for other recipes.
Then, answer the following reflection questions in the same document you created in Part 1:
Would you categorize the Orecchiette with Spicy Broccoli Rabe as a healthy recipe? Why or why not?
A key factor in a voucher system includes all of the following except:
Only approved departments and individuals are authorized to incur a liability that will result in the payment of cash.
The system limits the individuals that can incur cash payment liabilities for a company.
It is not necessary if the supplier provides both receiving report and invoice with the merchandise shipped.
It is applied to purchases of merchandise inventory and all other expenses.
Procedures for purchasing, receiving, and paying for merchandise are divided among several departments.
A key factor in a voucher system includes all of the given options except for "It is not necessary if the supplier provides both receiving report and invoice with the merchandise shipped." Therefore, option 3 is correct.
A voucher system is an internal control process used by companies to ensure proper authorization, verification, and recording of liabilities and payments.
It involves creating a voucher for each transaction, which includes supporting documentation such as invoices, purchase orders, and receiving reports.
The system limits the individuals who can incur cash payment liabilities for a company (option 2). This helps prevent unauthorized individuals from making payments and ensures that only approved departments and individuals are authorized to incur liabilities that result in the payment of cash (option 1).
By limiting the individuals, it enhances control and reduces the risk of fraud or errors in the payment process. The voucher system is applied to purchases of merchandise inventory and all other expenses (option 4).
It covers a wide range of transactions and expenses incurred by the company, not just limited to merchandise purchases. Procedures for purchasing, receiving, and paying for merchandise being divided among several departments is another important aspect of a voucher system (option 5).
This segregation of duties helps ensure checks and balances within the process, preventing any single department or individual from having complete control over the entire purchasing and payment process.
In summary, a key factor in a voucher system includes limiting individuals who can incur cash payment liabilities, applying the system to various expenses, and dividing procedures among multiple departments.
However, the voucher system is still necessary even if the supplier provides both receiving reports and invoices with the merchandise shipped. Therefore, option 3 is correct.
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why doesn't school teach taxes
Answer:
Well, Who knows but I'd assume they deem it unimportant. for our class because of we were a higher class our parents would teach us how when we were ready
Answer: People file different kinds of taxes. They can't teach you every kind of tax in depth on how to go through it. For example, for personal income taxes, there are currently three different types of forms that someone could file.
Who regulates the automobile industry?
The government regulates the automobile industry. Government regulations in the automotive industry directly affect the appearance of a vehicle.
The automobile industry, like many large US industries, is subject to many government-imposed rules and regulations.
Regulations affect how vehicles are designed, how parts are manufactured, and the safety features included.
In recent years, government regulations have attempted to shape the level of fuel economy that automobiles must achieve.
These regulations tend to increase manufacturing costs and limit how vehicles are sold and advertised.
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Copy the sample kitchen budget worksheet to the current workbook
The total section will automatically calculate the sum of the planned budget and actual expenses.I can provide you with a general template for a kitchen budget worksheet that you can create in your current workbook.
Here's a sample format:
Kitchen Budget Worksheet:
Category Planned Budget Actual Expenses
Groceries [Enter amount] [Enter amount]
Dining Out [Enter amount] [Enter amount]
Kitchen Supplies [Enter amount] [Enter amount]
Appliances [Enter amount] [Enter amount]
Utilities [Enter amount] [Enter amount]
Repairs and Maintenance [Enter amount] [Enter amount]
Miscellaneous [Enter amount] [Enter amount]
Total [Sum of planned budget] [Sum of actual expenses]
In this worksheet, you can enter the planned budgeted amounts for each category and update the actual expenses as you make purchases or incur costs.
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Investing is an unpredictable world of formulas, symbols, and terms, and is no more than a matter of luck and timing. TRUE or FALSE?
Answer:
Falae
Explanation:
investing is not just a matter of luck and timing, it involves a lot of research, analysis and sound decision making. But it's also important to keep in mind that it always carries a degree of risk, and thus, it's important to have a long-term perspective and a well-diversified portfolio.
Why would the inherent and control risks at Kid Castle be of concern to a potential auditor?
From the manager's perspective,it is required that the bookstore system allows the manager not only to carry out the duties of other staff members but also to perform additional manager-specific operations. For example,the manager needs to have the ability of selecting certain books from the book list and changing their prices if they are overstock in the inventory or out-of-print in the market. (a(30 Modify the use case diagram shown in the figure to create an updated use case diagram with the added requirement for manager. hint: Name the new use case of changing book prices to Change BookPrice (b(30 Write a fully dressed description for theChange BookPriceuse case. note: A 25% penalty applies to hand-drawn use case diagram and hand-written use case description.
a) Add the "Change BookPrice" use case to the existing use case diagram to represent the manager's ability to modify book prices.
b) "Change BookPrice" is a use case where the manager selects specific books from the inventory and changes their prices based on overstock or out-of-print conditions.
a) To update the use case diagram, the "Change BookPrice" use case needs to be added to represent the manager's ability to modify book prices. This new use case should be connected to the manager actor and linked to the existing "Manage Inventory" use case.
b) "Change BookPrice" is a fully dressed use case that describes the detailed steps and interactions involved in the process. It starts when the manager logs into the bookstore system and accesses the inventory management functionality
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Describe how firms can create sources of value creation from unrelated diversification
Firms can create sources of value creation from unrelated diversification by leveraging their existing resources and capabilities, transferring their knowledge and expertise to new industries, leveraging their brand reputation and customer base, and exploiting economies of scale and scope
Unrelated diversification refers to the strategy of a firm to expand its operations beyond its core business areas. This can be done by entering new markets, developing new products or services, or acquiring businesses in unrelated industries. To create sources of value creation from this strategy, firms can leverage their existing resources and capabilities to generate new revenue streams and increase their market share.
One way firms can create value through unrelated diversification is by transferring their knowledge and expertise to new industries. For example, a technology company that specializes in software development can use its expertise in coding to develop new products in industries like healthcare or finance. By applying its knowledge and skills to new markets, the company can create new sources of value and increase its profitability.
Another way firms can create value through unrelated diversification is by leveraging their brand reputation and customer base. For instance, a company that is known for its quality products and excellent customer service can use its brand name to enter new markets and attract customers. By leveraging its brand reputation and customer base, the company can quickly gain market share and increase its revenue.
Finally, firms can create value through unrelated diversification by exploiting economies of scale and scope. By entering new markets and developing new products, firms can achieve economies of scale by spreading their fixed costs over a larger volume of output. Additionally, firms can achieve economies of scope by sharing resources and capabilities across different business units, reducing their costs and increasing their efficiency.
In conclusion, firms can create sources of value creation from unrelated diversification by leveraging their existing resources and capabilities, transferring their knowledge and expertise to new industries, leveraging their brand reputation and customer base, and exploiting economies of scale and scope.
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Unrelated diversification occurs when a company expands into an industry that is not related to its current business. Diversification presents challenges for firms to create sources of value creation since there is little or no synergy between the new and existing business.
However, firms can still create value by leveraging their core competencies, transferring skills, and achieving economies of scale. Firstly, firms can leverage their core competencies and transfer their skills to new businesses. For instance, a firm that is skilled in marketing and distribution can transfer these skills to a new business.
Secondly, firms can achieve economies of scale through unrelated diversification. By pooling resources and sharing costs, the firm can achieve cost savings, leading to increased profitability. For example, a company that produces packaging materials for its core business can leverage its production facilities and expertise to produce similar products for a new business. This would help the firm to reduce production costs, achieve economies of scale, and create value for the company.
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Loss
of the customer's PAN Card copy by the bank, leads to data privacy loss of_l
Loss of the customer's PAN Card copy by the bank can result in significant data privacy loss, potentially leading to identity theft, fraudulent activities, financial losses, and reputational damage.
Loss of the customer's PAN Card copy by the bank can lead to a significant data privacy loss for the customer. PAN Card is an important identity document that contains sensitive personal information such as the individual's name, date of birth, photograph, and PAN (Permanent Account Number) which is used for financial transactions and tax purposes in India.
If the PAN Card copy is lost, it could potentially fall into the wrong hands and be used for identity theft or other fraudulent activities. The loss of this document can also result in a breach of the customer's privacy and personal information. The customer's financial transactions and other sensitive information could be compromised, which could lead to financial losses, reputational damage, and other negative consequences.
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Part of the movement to humanize bureaucracy includes a. more rigid hierarchical structures. b. efforts to reduce the amount of informal activity in the workplace. c. putting organizational needs above competing responsibilities. d. efforts to reduce the number of people in dead-end jobs.
Part of the movement to humanize bureaucracy includes:
d. efforts to reduce the number of people in dead-end jobs.What is Bureaucracy?This refers to the rigid network through which an organization functions and operates through the use of official channels to accomplish tasks which can be viewed as tiresome and burdensome.
With this in mind, we can see that as part of the efforts to try and humanize bureaucracy, there have been efforts in place to try and reduce the number of people that work dead end jobs.
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a certain state uses the following progressive tax rate for calculating individual income tax:
calculate the state income tax owed on a 90,000 per year salary.
tax=$___
The state income tax owed on a $50,000 per year salary is approximately $2,686 (rounded to the nearest dollar).
How did we get the value?To calculate the state income tax owed on a $50,000 per year salary, we need to determine the portion of the salary that falls into each progressive tax range and then calculate the tax owed for each range.
The first $3,000 of income is taxed at 2%:
Tax on this portion = $3,000 x 0.02 = $60
The next $2,000 of income (from $3,001 to $5,000) is taxed at 3%:
Tax on this portion = $2,000 x 0.03 = $60
The next $12,000 of income (from $5,001 to $17,000) is taxed at 5%:
Tax on this portion = $12,000 x 0.05 = $600
The remaining income over $17,000 is taxed at 5.75%:
Tax on this portion = ($50,000 - $17,000) x 0.0575 = $1,966.25
To calculate the total tax owed, we add up the tax owed for each range:
$60 + $60 + $600 + $1,966.25 = $2,686.25
Therefore, the state income tax owed on a $50,000 per year salary is approximately $2,686 (rounded to the nearest dollar).
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With the help of online research, write a short report on “glocalization.”
The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.
To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.
It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.
By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.
The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.
Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).
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Investor presentations of ________ provide an opportunity for discussions to take place regarding the continuing corporate performance on ________ value creation story and a ________ value creation plan.
a) short-term plans; short term; short term
b) short-term plans; long term; long term
c) long-term plans; short term; long term
d) long-term plans; long term; long term
Discussions on the ongoing corporate performance on a long-term value creation story and a long-term value creation strategy can be had during investor presentations of long-term plans.
We urge leaders to prioritize long-term value creation as a starting point when trade-offs need to be made because of the advantages it brings for resource allocation and economic health. Consider your staff members to be stakeholders.
Due to their managerial expertise in fields like planning, budgeting, purchasing, and human resource management, these companies bring value. enabling the business to concentrate its efforts on more desirable possibilities.
The main objective of a corporation is to maximize short-term gains for all of its stakeholders. When a business examines its stakeholders and its mission statement as well as competitors,
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What type of business sells to the end consumer
Answer:
business-to- consumer (B2C)
Explanation:
Commerce is a business model which typically involves the buying and selling of goods or products at a given price.
Generally, commerce comprises of four (4) business models and these are;
1. Business to Business (B2B).
2. Consumer to Consumer (C2C).
3. Business to Government (B2G).
4. Business to Consumer (B2C).
A Business to Consumer (B2C) can be defined as a market which typically involves businesses selling their goods and services directly to the end consumers for their personal use.
Hence, the type of business that sells to the end consumer is known as business-to- consumer (B2C).
Some examples of companies that engage in the Business to Consumer (B2C) business model are; Amazon, Goo-gle, Walmart, Alibaba, Uber, LinkedIn, etc.
A new customer wishes to open an options account with your firm. All of the following procedures are required prior to the first trade EXCEPT the: A customer must complete an Options Agreement B Registered Options Principal must approve the account before the first trade C customer must be sent an Options Disclosure Document D new account form must be completed
Answer:
customer must complete an Options Agreement
Explanation:
Options account can be regarded as
brokerage account which is been
approved for the sake of buying and selling options.To Open an option account an investor must be able to complete an option agreement, then collect a brochure that gives description of the risks of trading a standardized options.Options can be regarded as derivative product that give room to investors in speculating on as well as hedge against volatility that could come from underlying stock.
It should be noted that when a new customer wishes to open an options account with a firm, the following procedures are required prior to the first trade ;
1)new account form must be completed
2)customer must be sent an Options Disclosure Document
3)Registered Options Principal must approve the account before the first trade
Arrange the following revenues in the federal government, from greatest to
least.
Drag each item to put them in the correct order.
(2 points)
= excise taxes
= Social Security and Medicare taxes
= corporate income taxes
= individual income taxes
= customs duties
= miscellaneous revenue
evaluate the process used to determine credit scores do you think its fair why or why not
how do the five C's fit to determine of a credit score
Answer:
The five Cs of credit are character, capacity, capital, collateral, and conditions. ... as the Fair Isaac Corporation), a leading credit evaluation firm, uses the information ... good credit score and credit reports play in securing a loan, it's worth considering
Explanation:
Hope this helps. Also can u give me brainliest?
Which of these rules of etiquette exists at every workplace?
a.
On Fridays, more casual dress is allowed.
b.
Take care to be thoughtful about your coworker’s needs
c.
The most junior employee will take everyone’s lunch orders
d.
Work begins at 7 AM and you cannot be more than 1 minute late.
Answer:
b. take care to be thoughtful........
Landscapers must be
knowledgable of which of the
following?
A. Pesticides
B. Economics
C. Human Relations
D. Crop Rotation
Answer:
B
Explanation:
because they need to deal with all practices that are done by people on environment
Answer:
C
Explanation:
Landscapers need to know human relations because if they want to get something to do for their job, marketing and having an asset is important for the business, if you don't know anyone that needs help, it wouldn't be very good for your business.
Have an awesome day!! I hope this helped!! ^ ^
Select the correct answer.
Jesse launched a cheaper variant of her high-performing dishwashing liquid, anticipating similar success. Which strategy has Jesse made use of?
1. product differentiation
2. brand extension
Note: I narrowed it down to these two answers and I will provide Plato’s definitions to these words given. Im leaning towards 1 considering the product would need to be smtn similar using the same brand to be 2 (aka a shampoos company introduced dishwashing liquid). I did post this question before but I’m unable to delete it oops.
Answer:
product differentiation
Explanation:
i got it right on test
What percent of self-employed individuals have one or more employees working for them?
The percentage of self-employed individuals who have one or more employees working for them varies and depends on several factors such as industry, location, and business size.
The percentage of self-employed individuals with employees can vary widely based on various factors. In some industries, such as professional services or technology, self-employed individuals often operate as solopreneurs without any employees. However, in other sectors like retail, construction, or hospitality, it is more common for self-employed individuals to have employees.
Additionally, the size of the business also plays a role. Smaller businesses are less likely to have employees compared to larger enterprises. It is challenging to provide a specific percentage without considering these factors.
National statistical agencies or industry-specific surveys can provide more accurate data on the percentage of self-employed individuals with employees in a particular context.
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According to the video, what tasks do Librarians perform? Check all that apply.
A. supervising staff
B. writing stories
C. coordinating storytelling sessions
D. speaking at public events
E. dealing with angry customers
F. classifying materials
Answer: C and F
Explanation:
Answer:
Its I believe a,c, and f
Explanation:
your welcome
The data for evaluating the proposed improvements (A to D) of interest are as in the table. - For every \( 1 \% \) of productivity increment, more product value added is \( 200 \mathrm{THB} \) - The c
In the case of method D, for every 1 % of productivity increment the product value added is 200 THB. So, the company should use method D. The calculation is shown in the attached image below.
Product value added refers to the increase in value that occurs during the production process of a product. It represents the difference between the value of the final product and the cost of the inputs used in its production.
Value added is created at each stage of the production process as raw materials are transformed into intermediate goods, and finally into the finished product. It includes the value contributed by labor, capital, technology, and other factors of production.
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The image of complete question is attached below.
a firm expects to increase its annual dividend by 20 percent per year for the next two years and by 15 percent per year for the following two years. after that, the company plans to pay a constant annual dividend of $3 a share. the last dividend paid was $1.00 a share. what is the current value of this stock if the required rate of return is 12 percent? group of answer choices $17.71 $20.50 $18.97 $21.08 $21.69
The current value of the stock is $20.50.
To calculate the current value of the stock, we need to use the dividend discount model. We first calculate the dividends for the next four years:
Year 1: $1.00 x 1.20 = $1.20
Year 2: $1.20 x 1.20 = $1.44
Year 3: $1.44 x 1.15 = $1.66
Year 4: $1.66 x 1.15 = $1.91
From year 5 onward, the dividends are expected to be constant at $3 per share. Using the dividend discount model formula, we can calculate the present value of the dividends:
PV = D1/(1+r) + D2/(1+r)^2 + D3/(1+r)^3 + D4/(1+r)^4 + D5/(r-g)
PV = $1.20/(1+0.12) + $1.44/(1+0.12)^2 + $1.66/(1+0.12)^3 + $1.91/(1+0.12)^4 + $3/(0.12-0.15)/(1+0.12)^4
PV = $0.89 + $1.01 + $1.05 + $1.05 + $22.03
PV = $26.03
Finally, we need to discount the present value of the dividends back to the present to get the current value of the stock:
Current value of stock = $26.03/(1+0.12)^4
Current value of stock = $20.50
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#SPJ11
Annoying isn't it. When people purposely answer your question when they know it's completely useless. Kinda like how I specifically told people NOT to answer the questions I asked because I was doing an experiment, and every time I did that, two people purposely answered my question when they were told not to.
People are d. i. c. k. s.
Answer:
wow
Explanation:
I'm gonna type a random answer