Delta Manufacturing has budgeted the following unit sales: 2019 Units April 25,000 May 40,000 June 60,000 July 45,000 Of the uni
ts budgeted, 40% are sold by the Coastal Division at an average price of $15 per unit and the remainder are sold by the Central Division at an average price of $12 per unit. Prepare separate sales budgets for each division and for the company in total for the second quarter of 2019.
2 answers:
Answer:
Sales Budget are made and attached with this answer please find it.
Explanation:
April 25,000 units
Coastal Division = 25,000 x 40% = 10,000 units
Central Division = 25,000 x 60% = 15,000 units
May 40,000 units
Coastal Division = 40,000 x 40% = 16,000 units
Central Division = 40,000 x 60% = 24,000 units
June 60,000 units
Coastal Division = 60,000 x 40% = 24,000 units
Central Division = 60,000 x 60% = 36,000 units
July 45,000 units
Coastal Division = 45,000 x 40% = 18,000 units
Central Division = 45,000 x 60% = 27,000 units
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Answer:
intrinsic value of SCI’s shares is $33.28 per share
Explanation:
given data
dividend (D₀) = $1.92 per share
constant rate (g) = 4.00% per year
required return (rs ) = 10.00%
to find out
intrinsic value of SCI’s shares
solution
we know that intrinsic value is here express as
intrinsic value = current dividend × ( 1+ growth rate ) ÷ ( required rate - growth rate ) .............................1
put here value we get
intrinsic value =
intrinsic value = 33.28
so intrinsic value of SCI’s shares is $33.28 per share