Tech Innovations Inc. just paid a dividend of $2.10 per share. The company has a dividend pay-out ratio of 55 percent. If the PE ratio is 18.5 times, what is the stock price?

Q: Can you explain this general accounting question using accurate calculation methods?

A: Step 1: Definition of Prime CostsPrime costs are the direct costs of production, which include…

Q: General accounting question

A: Step 1: Introduction to trial balanceTrial balance is a summary showing the ending balances of all…

Q: Don't use ai given answer accounting

A: Step 1: Definition of Actual Manufacturing OverheadActual manufacturing overhead refers to the real…

Q: Given the solution and accounting question

A: Step 1: Definition of Actual Manufacturing OverheadActual manufacturing overhead refers to the total…

Q: Please provide the answer to this financial accounting question using the right approach.

A: Step 1: Definition of Write-OffsWrite-offs are reductions in the Allowance for Doubtful Accounts…

Q: Financial accounting 34.67.89

A: Operational synchronization ensures that interconnected business processes are recorded in a way…

Q: Can you please answer the financial accounting question?

A: Step 1: Definition of Factoring with RecourseFactoring with recourse is a financial arrangement…

Q: I need guidance with this general accounting problem using the right accounting principles.

A: Step 1: Definition of Total Overhead VarianceTotal overhead variance is the difference between the…

Q: Solve this Accounting MCQ 375

A: Why Operational Synchronization Impacts Measurement TimingOperational synchronization refers to the…

Q: 4 POINTS

A: 1. Calculate the Applied Overhead:Predetermined overhead rate: $10 per direct labor hourStandard…

Q: What would be the depreciation expense?

A: Explanation of Straight-Line Depreciation: Straight-line depreciation is a method of allocating an…

Q: At the beginning of the year, Ironclad Corp. had total assets of $920,000 and total liabilities of…

A: To find the amount of total assets at the end of the year, we can use the accounting equation:…

Q: General accounting

A: Step 1: Definition of Asset TurnoverAsset Turnover is a financial ratio that measures how…

Q: What is the percent change in operating.

A: Given:Degree of operating leverage = 3.5% change in sales = 23% Formula:Percentage change in…

Q: Provide correct option

A: 1. Free-cash flowFormula:FCF = Operating cash flow - ΔNWCEBIT = Revenue - Operating expense -…

Q: Gabriel is the sole owner and operator of Giant Sky Services. As of the end of its accounting…

A: Step 1: DefinitionsConcept of Owner's Equity:Owner's equity represents the owner's share or interest…

Q: Financial accounting questions

A: Step 1: Definition of Inventory Turnover RatioThe Inventory Turnover Ratio is a financial metric…

Q: Nova Supplies Inc. offers credit terms of 3/15, net 50 to its customers. What is the nominal cost of…

A: The nominal cost of trade credit can be calculated using the formula:Cost of Trade Credit =…

Q: Please provide the accurate answer to this financial accounting problem using valid techniques.

A: Step 1: Definition of Target Stock PriceThe target stock price is an estimate of a stock's future…

Q: Management anticipates fixed costs of $65,000 and variable costs equal to 35% of sales. What will…

A: Explanation of Fixed Costs: Fixed costs are business expenses that remain constant regardless of…

Q: The predetermined overhead rate for RON Company is $10, comprised of a variable overhead rate of $6…

A: For this question we are required to ascertain if there is overapplied or underapplied overhead and…

Q: Please provide correct solution and general accounting question

A: To determine whether the bonds were issued at a premium or a discount, we compare the bond issue…

Q: Please explain the correct approach for solving this general accounting question.

A: Step 1: Definition of Contribution Margin RatioThe contribution margin ratio is the percentage of…

Q: hy expert give me answer plz

A: Step 1: Definition of Break-Even Point and Required Units for ProfitThe break-even point refers to…

Q: Samantha works as a sales assistant. She receives a weekly wage of $280 plus a commission of $0.12…

A: Step 1: Definition of Net EarningsNet earnings are the total amount of income an employee receives…

Q: ??

A: 1. Calculate the Revenue from Sales:The company sold 4,500 units at $250 each.Revenue = 4,500 units…

Q: Hi expert please given correct answer with general accounting

A: Step 1: Definition of Gross MarginGross Margin is the difference between net sales and cost of goods…

Q: Solve this qn no AI

A: The predetermined manufacturing overhead rate is calculated using the formula:Overhead Rate =…

Q: General Accounting Question

A: Step 1: Define Predetermined Overhead RateThe predetermined overhead rate is used to allocate…

Q: A partial listing of costs incurred at Graydon Corporation

A: Concept of Manufacturing Overhead:Manufacturing overhead includes all indirect costs related to the…

Q: Need solution  No AI..

A: To calculate the applied overhead, follow these steps:Determine the predetermined overhead rate…

Q: I am searching for the correct answer to this general accounting problem with proper accounting…

A: Step 1: Definition of Sales Revenue for Target ProfitTo calculate the sales revenue required to earn…

Q: Step by step solution

A: Step 1: Determine the Acquisition Cost FormulaThe total acquisition cost of equipment includes all…

Q: Quick answer of this accounting

A: To calculate the semiannual interest payment, use the formula: Interest Payment = Par Value × Stated…

Q: Afirm has an asset with a market value of $10,000 and a book value of $4,000. If its marginal tax…

A: 1. Calculate the Capital Gain:Capital Gain = Market Value - Book Value = $10,000 - $4,000 = $6,0002.…

Q: General accounting

A: Step 1: Definition of Period CostsPeriod costs are costs that are not tied directly to the…

Q: Please given correct answer for General accounting question I need step by step explanation

A: Step 1: Introduction to property, plant and equipmentProperty, plant, and equipment refers to those…

Q: Cypress Ltd.'s contribution margin is $250, after-tax income is $90, and the tax rate is 25%. What…

A: Explanation of Contribution Margin:Contribution margin is the amount left from sales revenue after…

Q: What best represents the accounting equation of the company?

A: Let's go step by step and determine the correct accounting equation.Initial Balance Sheet (August…

Q: What is your return for the year on these accounting question?

A: To calculate your return for the year, use the total return formula:Total Return = (Capital Gain +…

Q: I need help finding the accurate solution to this general accounting problem with valid methods.

A: Step 1: Define Cost Assigned to Good UnitsThe cost assigned to good units refers to the portion of…

Q: General accounting question

A: Step 1: Definition of Operating IncomeOperating Income is the profit earned from a company's core…

Q: The predetermined overhead rate for RON Company is $10, comprised of a variable overhead rate of $6…

A: Actual overhead is the actual cost incurred by a business for overheads over a given time. This…

Q: The following VAT balances were extracted from the subsidiary journals of Africa Traders as at 28…

A: Step 1: Identify Opening BalanceThe VAT output account had a credit opening balance of R14 154.Step…

Q: Accumulated depreciation

A: Explanation of Depreciation:Depreciation is the process of allocating the cost of a long-term asset…

Q: Provide correct solution and accounting question

A: Calculate the total amount paid over 36 months:Monthly payment: $289.76Number of months: 36Total…

Q: Provide answer

A: Explanation of Depreciation :Depreciation is the systematic allocation of the cost of a tangible…

Q: Accounting answer

A: Step 1: Definition of Days' Sales UncollectedDays' sales uncollected measures how many days, on…

Q: A machine has a cost of $18,500, an estimated residual value of $4,500, and an estimated useful life…

A: To calculate accumulated depreciation at the end of the second year using the straight-line…

Q: Please explain the solution to this general accounting problem using the correct accounting…

A: Step 1: Definition of High-Low MethodThe High-Low method estimates the variable cost per unit by…