Answer:
New stock value = $79.40
Total stock value = $14,292
Explanation:
GIVEN the following ;
Number of shares of stock = 180
Current price = $82.45 per share
Dividend = $3.05 per share.
Ex dividend date = February 4
Value of stock on February 4 =?
The Ex dividend date may be regarded as the day whereby payment of dividend and reinvestment is held.
Assuming no taxes, The value of the stock will drop by the same amount of the current dividend on February 4.
Therefore,
New stock value = current stock price - dividend per share
New stock price = $82.45 - $3.05 = $79.40
New stock value = $79.40 per share.
Total stock value :
$79.40 × 180 = $14,292
Answer:$1,735.24
half is 1.5
40 regular hours * $33.37 = $1334.8
8 overtime hours * (1.5 * $33.37) = $400.44
$1334.8 + $400.44 = $1735.24
It depends on the contract. But it's mostly what seller do ...
Answer:
The book value of the machine at the end of 2021 is $620000.
Explanation:
The straight line depreciation allocates a constant depreciation expense throughout the useful life of the machine. The straight line depreciation expense can be calculated using the following formula,
Depreciation expense per year = (Cost - Residual value) / estimated useful life
Depreciation expense per year = (1000000 - 50000) / 5 = $190000 per year
The book value of asset is the value of the asset calculated by deducting Accumulated depreciation from its cost.
The book value of the machine at the end of 2021 will be the, considering the depreciation expense for year 2021 has been charged,
Accumulated depreciation till 2021 end = 190000 for Year 2020 + 190000 for Year 2021 = $380000
Book value at the end of 2021 = 1000000 - 380000 = $620000
Answer:
For Material 80,000
For Conversion 72,000
Explanation:
The computation of equivalent units of production for the bath linens department for August is shown below:-
<u>Materials</u> <u>Conversion</u>
Units completed and
transferred out 60,000 60,000
Units in process,
August 31 20,000 12,000
(20,000 × 60%)
Equivalent units of
production 80,000 72,000
Therefore to reach out the equivalent units of production we simply added the units completed and transferred out with Units in process Aug 31 of material and conversion.
