Laurel enterprises expects earnings next year of $3.68 per share and has a 30 % retention rate, which it plans to keep constant. its equity cost of capital is 9 %, which is also its expected return on new investment. its earnings are expected to grow forever at a rate of 2.7 % per year. if its next dividend is due in one year, what do you estimate the firm's current stock price to be?

Nichols inc. manufactures remote controls. currently the company uses a plantminuswide rate for allocating manufacturing overhead. the plant manager is considering switchingminusover to abc costing system and has asked the accounting department to identify the primary production activities and their cost drivers which are as follows: activities cost driver allocation rate material handling number of parts $5 per part assembly labor hours $20 per hour inspection time at inspection station $10 per minute the current traditional cost method allocates overhead based on direct manufacturing labor hours using a rate of $20 per labor hour. what are the indirect manufacturing costs per remote control assuming an method is used and a batch of 10 remote controls are produced? the batch requires 100 parts, 5 direct manufacturing labor hours, and 3 minutes of inspection time.

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a

Which of the following tasks would be a line cook's main responsibility? oa. frying french fries ob. chopping onions oc. taking inventory of stocked dry goods od. paying invoices