Answer:
$5,960
Explanation:
Fixed portion of Miscellaneous expenses = $2,000
Variable portion of Miscellaneous expenses = ($5,300 - $2,000) / $275,000
= $3,300 / $275,000
= $0.012 of sales
Miscellaneous expenses in the Year 2 selling expense budget = (Budgeted sales * Variable portion) + Fixed portion
= ($330,000 * $0.012) + $2,000
= $3,960 + $2,000
= $5,960
Answer:
13.968%
Explanation:
Discount is defined as a deduction from the selling price of a product, and it is used as a way to attract more customers by using price advantage compared to competitors.
The following formula can be used to calculate discount
Discount rate = Rate of return + Competitor's beta (market risk premium)
Discount rate = 0.031 + 1.43(0.076)
Discount rate= 0.13968= 13.968%
Answer:
$1.3 per share
Explanation:
Data provided in the question:
Number of shares outstanding of TJ = 2,500
Market price = $16.70
Number of shares outstanding of Corner Grocery = 3,000
Price per share of Corner Grocery = $22.50
Cost of acquiring TJ's share = $45,000
Now,
Merger Premium per share = [ Cost of acquiring TJ's share - Market price of TJ's shares ] ÷ Number shares TJ's outstanding
= [ $45,000 - ( $16.70 × 2,500)] ÷ 2,500
= [ $45,000 - $41,750 ] ÷ 2,500
= $3,250 ÷ 2,500
= $1.3 per share
Well...if he earns $75 an hour....and he worked for 20 hours...that's
75 * 20 which = 1500
Now it says he also earns a flat fee....since the question states he billed the client 1800...and he only earned 1500 of it...that must mean that his flat fee would be
1800 - 1500 = 300
So his flat fee is 300...and his variable charge...is 75x (75 dollars per hour)
in an equation...this would look like
C(x) = 75x + 300
Answer:
d) to receive a higher or lower dividend yield depending on current competitive market conditions
Explanation:
The floating rate feature on preferred stock allows the shareholders to receive a higher or lower dividend yield depending on current competitive market conditions. The reason is the dividend on preferred stock varies with change in market rates.