Answer:
$69.47
Explanation:
D1 = ($1.45*1.20) = $1.7
D2 = ($1.7*1.20) = $2.04
D3 = ($2.04*1.20) = $2.45
Value after year 3 = (D3*Growth Rate) / (Required rate-Growth Rate)
Value after year 3 = ($2.45*1.08) / 0.11-0.08
Value after year 3 = $2.646 / 0.03
Value after year 3 = $88.20
Current share price = Future dividend and value*Present value of discounting factor(rate%,time)
Current share price = $1.7/1.11 + $2.04/(1.11)^2 + $2.45/(1.11)^3 + $88.20/(1.11)^3
Current share price = $1.5315315 + $1.65571 + $1.7914189 + $64.49107
Current share price = $69.4697304
Current share price = $69.47
Answer:
Option which would likely appear on that budget will be:
Batch level costs: production setup.
Explanation:
Here the company uses activity based budgeting is a management accounting tool which new year budget is only seen by not considering the previous year records.
Activity based budgeting which is a budgeting method in which firstly the overhead costs are being calculated and the the budgets gets created.
Batch-level cost is a cost which is not associated with any given specific individual units but is associated with a group of units.
For example, to set up a production run the cost incurred is associated with the batch of goods that are produced subsequently.
Another example can be be procurement costs. The expenses associated with the procurement costs include the ordering of direct materials, paying suppliers and receiving goods.
Since all of the expenses are related to the orders placed numbers, they must be allocated not to an individual product but to group of unit.
Answer:
Free-market
Explanation:
As Alana can import without paying quotas to the government the economy i nthis country is of free-market. The government doesn't try to restrict their citizens from the goods and services offered fro manother countries.
Same is true for the sale of national product to abroa,there is no qupta, tariff or additional cost involved in trade thant those generated from the transactions. It is tax-free to import and export
Answer:
If Sally is still a minor, she can disaffirm the contract and return the car to Bally. Contracts involving minors are not legally binding unless the minor reaffirms them once he/she is an adult or a parent also signs the contract.
In this case, Sally's contract is voidable by her and if she chooses to, she is able to void it. What happens after she returns the car depends on the state. Some state laws force Bally to return the money even if the car is wrecked. Other states have laws that require minors to return goods in good shape, and in this case, would allow Bally to deduct any repair expenses from the money he needs to return to Sally.
