1. This year’s total sales of Yui Inc. are P4,600,000. The following variances are determined: · Sales Price Variance – 750,000 favorable · Cost Price Variance – 100,000 unfavorable · Sales Volume Variance – 150,000 unfavorable Using horizontal analysis, determine the percentage change from the prior year's total sales to the current year's total sales. 2. The income statement of Petra Inc. in 2022 reflects a net Income of P2,050,000. The dividend policy of the company is to pay an annual cash dividend of P2 per share to common stock regardless of the market price of the share. If the dividend yield determined for the last day of 2022 is 20%, how much is the fair value of the share? (per share)
1. This year’s total sales of Yui Inc. are P4,600,000. The following variances are determined: · Sales Price Variance – 750,000 favorable · Cost Price Variance – 100,000 unfavorable · Sales Volume Variance – 150,000 unfavorable Using horizontal analysis, determine the percentage change from the prior year's total sales to the current year's total sales. 2. The income statement of Petra Inc. in 2022 reflects a net Income of P2,050,000. The dividend policy of the company is to pay an annual cash dividend of P2 per share to common stock regardless of the market price of the share. If the dividend yield determined for the last day of 2022 is 20%, how much is the fair value of the share? (per share)
Chapter14: Capital Structure Management In Practice
Section14.A: Breakeven Analysis
Problem 3P
Related questions
Question
1. This year’s total sales of Yui Inc. are P4,600,000. The following variances are determined:
· Sales Price Variance – 750,000 favorable
· Cost Price Variance – 100,000 unfavorable
· Sales Volume Variance – 150,000 unfavorable
Using horizontal analysis, determine the percentage change from the prior year's total sales to the current year's total sales.
2. The income statement of Petra Inc. in 2022 reflects a net Income of P2,050,000. The dividend policy of the company is to pay an annual cash dividend of P2 per share to common stock regardless of the market price of the share. If the dividend yield determined for the last day of 2022 is 20%, how much is the fair value of the share? (per share)
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
EBK CONTEMPORARY FINANCIAL MANAGEMENT
Finance
ISBN:
9781337514835
Author:
MOYER
Publisher:
CENGAGE LEARNING - CONSIGNMENT
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
EBK CONTEMPORARY FINANCIAL MANAGEMENT
Finance
ISBN:
9781337514835
Author:
MOYER
Publisher:
CENGAGE LEARNING - CONSIGNMENT
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College