Gnomes R Us just paid a dividend of $3.22 per share. The company has a dividend payout ratio of 64 percent. If the PE ratio is 18.2 times, what is the stock price? Provide answer

Q: provide general account

A: The product costs are the costs directly associated with producing goods, which include direct…

Q: Hassock Corp. produces woven wall hangings. It takes 2 hours of direct labor to produce a single…

A: Step 1: Analysis of the information givenStandard labor rate per hour = $12Standard time per unit =…

Q: Sub: general accounting

A: Explanation of Capital Structure:Capital structure refers to the mix of a company's funding sources,…

Q: Calculate the profit margins

A: Explanation of Profit Margin:Profit margin is a financial metric that shows the percentage of…

Q: Erie Co. manufactures a mobile fitness device called the Jogging Mate. The company uses standards to…

A: Step 1: Understanding the ProblemWe are tasked with calculating the standard labor cost allowed…

Q: Cost Accounting

A: Calculation of Retained EarningsRetained Earnings = Revenue - Expenses - Dividends…

Q: GENERAL ACCOUNTING PROBLEM

A: Explanation of Markup:Markup refers to the percentage added to the cost price of a product to…

Q: I want to correct answer general accounting question

A: Cost of Equity = Risk-Free Rate + Beta * (Expected Market Return - Risk-Free Rate)We are given the…

Q: General accounting

A: Step 1:Calculate the overhead rate as follows:Overhead rate = Estimated overhead / Estimated direct…

Q: What will be the assets annual depreciation?

A: Step 1: Analysis of information givenCost = $30,000Number of years of useful life = 10Salvage value…

Q: General accounting

A: Step 1:a) Calculate the owner's equity as of December 31, 2018 as follows:Owner's equity = Total…

Q: Cost-volume-profit analysis assumes what_ a) Variable costs change with volume b) Fixed costs change…

A: The problem pertains to Cost-Volume-Profit Analysis. Cost-Volume-Profit (CVP) analysis helps…

Q: Financial Accounting

A: The formula for holding period return is = [Income+(end of period value - initial value)]/initial…

Q: Please solve this question

A: Step 1:a. The amount of gross profit is calculated as follows: Gross profit = Sales revenue - Cost…

Q: General accounting question

A: Step 1: Definition of Cash Borrowing RequirementThe cash borrowing requirement refers to the amount…

Q: Correct answer

A: Calculation of Division's MarginDivision's Margin = (Net Operating Income / Sales) x 100…

Q: What is the cost of the equipment?? General accounting

A: Step 1: Definition of EquipmentEquipment refers to tangible assets used in the production of goods…

Q: I don't need ai answer accounting questions

A: Step 1: Definition of Recognized GainRecognized gain is the portion of a realized gain that is…

Q: Kindly help me with this question answer general Accounting

A: Step 1: Identify Shop Overhead CostsShop overhead costs include all costs other than direct labor…

Q: Answer? ? Financial accounting

A: Required Rate of Return=Rf​+β⋅(Rm​−Rf​)Where:Rf​ = Risk-free rate = 4% or 0.04Rm = Expected return…

Q: provide this general accounting answer

A: To determine the standard direct materials cost per unit of the finished product, we use the…

Q: A favorable cost variance occurs when: a. actual costs are more than standard costs. b. Standard…

A: The correct answer is:b. Standard costs are more than actual costs.  Explanation:A favorable cost…

Q: What is his recognize gain ??

A: To determine Alfred's recognized gain under the assumption that he can adequately identify the…

Q: Expert need your help

A: The coefficient of variation (CV) is calculated using the formula: CV=Expected ReturnStandard…

Q: Overhead rate for the year

A: To calculate the predetermined overhead rate (POHR), we use the following formula: POHR = Estimated…

Q: hi teacher provide answer this General accounting question

A: Step 1: Given Value for Calculation Beta = b = 1.6Risk Free Rate = rf = 4.7%Market Return = rm = 13%…

Q: Karane Enterprises, a calendar-year manufacturer based in College Station, Texas, began business in…

A: Step 1: Section 179 DeductionSection 179 deduction is limited by:Taxable Income Limit:…

Q: General Accounting 10.5

A: Step 1:Calculate the total equity as follows:D/E ratio = Debt / Equity 40%        = $350,000 /…

Q: General accounting

A: Step 1: Definition of Straight-Line Depreciation MethodThe straight-line depreciation method…

Q: Solve this question general Accounting

A: Step 1: Define PatentsPatents are rights to use certain inventions exclusively. The inventors need…

Q: Hello teacher please help me this question general accounting

A: Step 1: Analysis of information givenBeginning total assets = $300,000Beginning total liabilities =…

Q: General accounting

A: Step 1: Definition of Operating LeverageThe Operating Leverage Factor measures how a company's…

Q: Need answer

A: To calculate the overhead allocation to Product X using a plant-wide allocation system with direct…

Q: The Fischer Corporation uses a standard costing system. The following data have been assembled for…

A: Step 1: Analysis of information givenLabor efficiency variance = $2,800 unfavorableStandard direct…

Q: MCQ

A: The hedging reserve in a cash flow hedge is used to record the effective portion of the gains or…

Q: A firm has a debt to equity ratio of 40%, debt of $350,000, and net income of $95,000. The return on…

A: 1. Calculate Total Equity:Debt-to-Equity Ratio = Total Debt / Total Equity0.40 = $350,000 / Total…

Q: Accounting question

A: The question requires the calculation of the expected return of stock.The expected return is the…

Q: Assume an interest rate of 3 percent?

A: To calculate the annual opportunity cost of maintaining a $500 minimum balance in a checking account…

Q: ANSWER

A: Explanation of Predetermined Overhead Rate: This is a cost allocation rate calculated at the…

Q: What is the amount of the gain or loss on disposal of fixed assets?

A: Calculation of Book Value of Fixed AssetBook Value of Fixed Asset = Cost of Fixed Asset- Accumulated…

Q: John wick company has total assets

A: To calculate the Return on Equity (ROE), we use the formula: ROE = Profit Margin × Total Asset…

Q: Expert need your advice

A: Earnings per Share (EPS):EPS=Dividend per Share/Payout Ratio​Stock Price (P)=PE Ratio × EPS…

Q: Shields Corporation purchases 5 flashlights for $5 each and sells them to customers for $9 each.…

A: To calculate the total gross profit, we need to find the difference between the total revenue from…

Q: Hii expert please given correct answer general Accounting

A: Step 1: Define Portfolio An investment portfolio refers to a diversification strategy to minimize…

Q: Jiminy Cricket Co. has a five-day workweek (Monday through Friday). Employees earn $1,420 per day.…

A: Problem Breakdown:1. Jiminy Cricket Co.'s Workweek:Employees work Monday through Friday.Daily wage =…

Q: General accounting expert need your help

A: Explanation of Debt-to-Equity Ratio:The debt-to-equity ratio measures a company's financial leverage…

Q: Calculate the depreciation expense

A: Step 1: Depreciation rate Depreciation rate = (Original cost - Salvage value)/Estimated number of…

Q: Financial information

A: To calculate the profit margin, follow these steps:Net Sales = Sales Revenue - (Sales Returns and…

Q: My Company has a predetermined overhead rate of 179% of direct labor cost. Estimated overhead for…

A: Step 1: Find the Applied Overhead.= basis x predetermined rate or;= actual direct labor cost x…

Q: Determine bowie sporting goods materials price variance?

A: Explanation of Standard Cost: This represents predetermined estimates of the expected cost of…