Goodwin technologies, a relatively young company, has been wildly successful but has yet to pay a dividend. an analyst forecasts that goodwin is likely to pay its first dividend three years from now. she expects goodwin to pay a $2.75000 dividend at that time (d₃ = $2.75000) and believes that the dividend will grow by 14.3% for the following two years (d₄ and d₅). however, after the fifth year, she expects goodwin’s dividend to grow at a constant rate of 3.72000% per year. goodwin’s required return is 12.4%. fill in the following chart to determine goodwin’s horizon value at the horizon date (when constant growth begins) and the current intrinsic value. to increase the accuracy of your calculations, do not round your intermediate calculations, but round all final answers to two decimal places.

Costs of production that do not change when output changes. question 17 options: total revenuefixed incometotal costfixed cost

Laval produces lamps and home lighting fixtures. its most popular product is a brushed aluminum desk lamp. this lamp is made from components shaped in the fabricating department and assembled in the assembly department. information related to the 22,000 desk lamps produced annually follows. direct materials $280,000direct labor fabricating department (8,000 dlh × $24 per dlh) $192,000assembly department (16,600 dlh × $26 per dlh) $431,600machine hours fabricating department $15,200mhassembly department $20,850mhexpected overhead cost and related data for the two production departments follow. fabricating assemblydirect labor hours 150,000dlh 295,000dlhmachine hours 161,000mh 128,000mhoverhead cost $400,000 430,000required1. determine the plantwide overhead rate for laval using direct labor hours as a base.2. determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate.3. compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department.4. use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps.

Right medical introduced a new implant that carries a five-year warranty against manufacturer’s defects. based on industry experience with similar product introductions, warranty costs are expected to approximate 2% of sales. sales were $8 million and actual warranty expenditures were $42,750 for the first year of selling the product. what amount (if any) should right report as a liability at the end of the year?