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antiseptic1488 [7]
2 years ago
15

A court adjudicates henry mentally incompetent and appoints inez to be his guardian. later, without inez's knowledge, henry sign

s a contract to sell his farm to jason for its real market value. the contract is
Business
1 answer:
Nonamiya [84]2 years ago
3 0
<span>The contract Henry entered into to sell his farm is void and not enforceable. Henry is not mentally competent to enter into such arrangements and the courts will not uphold the sale.</span>
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Symon's Suppers Co. has announced that it will pay a dividend of $4.23 per share one year from today. Additionally, the company
sweet-ann [11.9K]

Answer:

$68.23

Explanation:

In this question, we apply the dividend growth rate model which is shown below:

The computation of the current share price is shown below:

= (Current year dividend) ÷ (Rate of return on company stock - growth rate)

= ($4.23) ÷ (10.6% - 4.4%)

= ($4.23) ÷ (6.2%)

= $68.23

We simply find out the ratio between the current year dividend per share and difference between the rate of return and the growth rate

6 0
2 years ago
Jumbuck Exploration has a current stock price of $2.00 and is expected to sell for $2.10 in one year's time, immediately after i
fiasKO [112]

The equity cost of capital for the Jumbuck Exploration is 22%

Explanation:

Equity cost refers to the return offered to the customers in place of their investment in the organisation stocks. It is calculated by the formula

Rₐ = (D₁/P₀)+g

Where Rₐ= cost of equity

D₁= dividends announced

P₀=share price (current)

g= growth rate

Now given details-

Dividend announced (D₁)- $ 0.26

Current market price (P₀) - $ 2.00

Expected price= $ 2.10

growth rate= expected price- current price

growth rate (g) =$ 0.10

Putting the values to find Rₐ

Rₐ=(0.26/2.00)+0.10

Rₐ=0.23 or 23%

Nearest answer is 22%

Hence the equity cost of the capital is 22%

4 0
2 years ago
Carlos Naturals manufactures bulk quantities of cleaning fluids. The company currently sells 700 containers a month at a sales p
alina1380 [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The company currently sells 700 containers a month at a sales price of​ $24 per unit. The addition of a new disinfectant will result in a sales price of​ $26 per unit for the improved product. It would cost a total of​ $4,000 per month to alter.

First, we need to calculate the current sales level:

Sales= 700*24= $16,800

Now, we can calculate the new income:

Sales= 700*26 - 4,000= $14,200

It is more convenient to not apply the disinfectant.

7 0
2 years ago
Evaluate the current China/Taiwan logistics costs. Assume a current total volume of 190,000 CBM and that 89 percent is shipped d
RSB [31]

Answer:

The total cost involved in shipping the containers to country U.S is $2,594,930

Explanation:

Consider the following information regarding Company WWG:

Total Current volume (CBM) = 190,000  

Direct shipping percentage = 0.89  

Direct ship Volume (CBM) = 169,100  

Consolidation center volume = 190,000 - 169,100 = 20,900

Calculate the shipping cost of the company as shown below:  

Shipping Cost calculations

Direct ship by Container type (in Feet)  20    40  

Volume (%)                            0.21    0.79  

Volume (CBM)                169,100*0.21          169,100*0.79

                                                                          = 35,511           =133,589

Container capacity used         85%    85%

Container center by container type

Volume (%) = 100  

Volume (CBM) = 20,900

Container capacity used = 96%

Container capacity (CBM) (34)  

Container shipped = 35,511/ (34*0.85) =1,229  

Shipping Cost per container = $480

Shipping Cost by container size ($) = 1,229*480 4589,920

Container capacity (CBM) (67)      

Container shipped  = 133,589/ (0.85*67) + 20,900/ (0.96*67) = 2,671  

Shipping Cost per container = $600

Shipping Cost by container size ($) = 2,671*600 = $1,602,600

Calculate the total shipping cost as shown below:  

Total shipping cost = $589,920+$1,602,600 = $2,192,520

Calculate the consolidation center operating cost as shown below:

Number of centers = 4

Annual fixed cost per center = $75,000

Total annual fixed cost = $75,000*4 =$300,000

Variable cost per CBM = $4.9

Total annual variable cost = 20,900*$4.9 = $102,410

Total annual consolidation center costs = $300,000+$102,410= $402,410

Calculate the total cost involved in shipping containers to the Country U as shown below:

Total Cost = Total Shipping Cost + Total Annual Consolidation center Cost  

     = $2,192,520 + $402,410

     = $2,594,930

Hence, the total cost involved in shipping the containers to country U.S is $2,594,930.

4 0
2 years ago
The Work in Process Inventory account had a beginning balance of $16,200 on April 1. During April, the cost of direct materials
zhenek [66]

Answer:

$28,700

Explanation:

We know that

Ending work in process inventory = Opening work in process inventory + total manufacturing cost - cost of finished goods manufactured

where,

Total manufacturing cost = cost of direct materials used + direct labor cost + overhead  cost

= $408,000 + $56,000 + $72,000

= $536,000

So, the ending work in process inventory would be

= $16,200 + $536,000 - $523,500

= $28,700

4 0
2 years ago
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