BUSINESS COLLEGE

Next year Baldwin plans to include an additional performance bonus of 0.25% in its compensation plan. This incentive will be provided in addition to the annual raise, if productivity goals are reached. Assuming the goals are reached, how much will Baldwin pay its employees per hour?Select: 1
$28.22
$31.04
$28.15
$29.63

Answers

Answer 1

Answer:

Answer:

What Baldwin pays to its employees per hour is $29.63

Explanation:

Consider the following calculations to find the Baldwin pays to its employees.

Total raise = 5% + 0.25% = 5.25%

Present wages = $28.15

Baldwin will pay = $28.15* (1.0525) = $29.63

Answer 2

Answer:

Final answer:

Baldwin will pay its employees $x + 0.0025x + annual raise per hour if productivity goals are reached which is $29.63

Explanation:

To calculate how much Baldwin will pay its employees per hour, we need to consider the additional performance bonus of 0.25% and the annual raise. Let's assume the current hourly rate is $x. The additional performance bonus can be calculated by multiplying 0.25% by the hourly rate, which is 0.0025x. The total amount per hour will then be the sum of the hourly rate, the additional performance bonus, and the annual raise.

Therefore, Baldwin will pay its employees $x + 0.0025x + annual raise per hour if productivity goals are reached. Thus, it can be calculated as -

Total raise = 5% + 0.25% = 5.25%

Present wages = $28.15

Baldwin will pay = $28.15* (1.0525)

= $29.63

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Sitwell Corporation manufactures titanium and aluminum tennis racquets. Sitwell’s total overhead costs consist of assembly costs and inspection costs. The following information is available: Cost Titanium Aluminum Total Cost Assembly 500 mach. hours 500 mach. hours $45,000 Inspections 350 150 $75,000 2,100 labor hours 1,900 labor hours Sitwell is considering switching from one overhead rate based on labor hours to activity-based costing. Using activity-based costing, how much "assembly cost is assigned to titanium racquets"?

Answers

Answer:

$22,500

Explanation:

Activity based costing (ABC) is a method of cast allocation where the overheads and other indirect costs are allocated to products and services based on the volume of different activities consumed by each product.

The total cost pool is divided by the defined cost drivers to determine the cost driver rate.

Titanium Hours Aluminium hours Cost

Assembly 500 500 1000 45000

Inspection 350 150 500 75000

Labor hours 2100 1900 4000 120000

Cost per labor hour = 120000/4000= 30

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500/1000*45000

=22,500

he Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands). Sales $ 4 comma 600 comma 000 Operating income $ 690 comma 000 Total assets $ 2 comma 000 comma 000 Current liabilities $ 210 comma 000 Management's target rate of return is 14% and the weighted average cost of capital is 10%. What is the Top Hat Division's Residual Income (RI)?

Answers

Answer:

$410,000

Explanation:

Residual income = operating income - (rate of return*average operating assets)

= $690,000-(14%*$2,000,000)

=$690,000-$280,000

=$410,000

Therefore the Top Hat Division's Residual Income (RI) would be $410,000

The Bell Weather Co. is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 17 percent a year for the next 4 years and then decreasing the growth rate to 6 percent per year. The company just paid its annual dividend in the amount of $2.40 per share. What is the current value of one share of this stock if the required rate of return is 7.90 percent?

Answers

Answer:

$196.91

Explanation:

The computation of the current value is shown below:

D1 = ($2.4 × 1.17) = 2.808

D2 = ($2.808 × 1.17) = 3.28536

D3 = (3.28536 × 1.17) = 3.8438712

D4 = (3.8438712 × 1.17) = 4.4973293

Now

Value after year 4 is

= (D4 × Growth rate) ÷ (Required return - Growth rate)

= (4.4973293 × 1.06) ÷ (0.079 - 0.06)

= 250.903635

Now the current value is

= Future dividend and value × Present value of discounting factor

=$2.808 ÷ 1.079 + 3.28536 ÷ 1.079^2 + 3.8438712 ÷ 1.079^3 + 4.4973293 ÷ 1.079^4 + 250.903635 ÷ 1.079^4

= $196.91

Final answer:

The current value of a share of Bell Weather Co.'s stock can be calculated using the Gordon Growth Model, which incorporates the dividend growth rate and the required rate of return. For the first four years, the annual dividend of $2.40 grows at 17 percent a year. From the fifth year onward, it would grow at a rate of 6% against a required rate of return of 7.90%.

Explanation:

Considering Bell Weather Co.'s dividend growth, we can calculate the present value of each future dividend and then sum those values to determine the current stock price. If the annual dividend of $2.40 is expected to grow by 17 percent a year for the next four years, and then drop to a growth rate of 6% per year, we can calculate the stock price based on the required rate of return of 7.90%. This is achieved by using the two-stage dividend discount model, also known as the Gordon Growth Model. This model takes into account the dividend growth rate and the required rate of return to find the stock price.

For example, the dividends for the first four years would be D1 = 2.40*(1+0.17) = $2.808, D2 = 2.808*(1+0.17) = $3.285, D3 = 3.285*(1+0.17) = $3.844, D4 = 3.844*(1+0.17) = $4.495.

The dividends from the fifth year onward would be growing at a consistent rate of 6%. The value of the stock would be the present value(sum) of these dividends, discounted back at the required return of 7.9%.

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Answers

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Regarding the AQCD criteria, strive to include all high quality factors in an external assessment for a firm. A high quality factor will meet ______ of the AQCD criteria; a low quality factor will meet ______ of the AQCD criteria. A. 3; 1 B. 3 or 4; 2 or fewer C. 3 or 4; 0 D. 4; 0 E. All; none

Answers

Answer:

Option B) 3 or 4; 2 or fewer

Explanation:

A high quality factor will not meet 3 or 4 and low quality factor will not meet 1 or 0 so option A, C and D are incorrect.

The correct option is B. 3 or 4; 2 or fewer as a high quality factor will meet three or four of the AQCD criteria; a low quality factor will meet two or fewer of the AQCD critieria.

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