37.5%
Formula:
.15/.40=0.375
Convert decimal to %= .375*100 = 37.5%
Answer:
See attached photo.
Explanation:
Refer to the photo attached.
Answer:
This question is incomplete since the required return is not pasted here. I checked on the web and found similar question with the firm's required rate of return is 18 percent. You can use this to solve the question as follows.
Explanation:
Use Dividend Discount Model (DDM) to find the intrinsic value of the stock.
Find the present value of dividends
D3 = 2
PV(of D3) = 2/(1.18^3) = 1.2173
D4 = D3(1+g) = 2(1+0.06) = 2.12
PV(of D4) = 
PV (of D4) = 17.6667/ 1.6430 = 10.7527
Next, sum up the present values ;
= 1.2173 + 10.7527
= $11.97
Therefore, DAA's stock is currently overpriced ,so you should not buy it since it is only valued at $11.97 and not $15.
Answer:
b. $105.00
Explanation:
The computation of the activity rate under the activity-based costing system is shown below:
For Activity 3,
The activity rate is
= Estimated cost ÷ Estimated activity
= $52,500 ÷ 500
= $105
We simply divided the estimated cost by the estimated activity to get the activity rate
All other information which is given is not considered. Hence, ignored it
When I to marketing class at my school I was able to highlight the cell and move it. So i think it is True.