1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
amid [387]
2 years ago
15

Annual dividends of ATTA Corp grew from $0.96 in 2005 to $1.76 in 2017. What was the annual growth rate

Business
1 answer:
lions [1.4K]2 years ago
4 0

Based on the dividends of ATTA Corp over the years, the annual growth rate was 5.18%.

<h3>What was the annual growth rate?</h3>

Using the present value equation:
Current dividend  = Original dividend x ( 1 + rate) ^ number of years

Solving gives:

1.76 = 0.96 x ( 1 + r)¹²

(1.76 / 0.96 )¹/¹² = 1 + r

1 + r = 1.0518

r = 5.18%

Find out more on growth rates at brainly.com/question/5045097.

You might be interested in
Which of the following would an economist most likely classify as a need
taurus [48]
It is D. A part-time job to earn extra money.
7 0
3 years ago
A parcel of real estate has been left to a woman through her husband's will for her use and enjoyment during her lifetime, with
wolverine [178]

Answer: A) Remainderman

Explanation:

A Remainderman may sound like something from a horror movie but it is a property law term that refers to a person that is billed to take over or inherit an estate after the LIFE ESTATE of the previous owner is terminated.

Life Estate is an agreement where a person owns a property or asset for the duration of their life but as soon as they pass on, the asset or property reverts back to the original owner of a THIRD party.

The Remainderman is the person who the property reverts to.

In the above scenario therefore, the woman is in possession of a Life Estate but the Stepson is the Remainderman.

7 0
3 years ago
Which of the following is a PRE-READING activity designed to help build reading comprehension
kondaur [170]
I think the correct answer would be the second option. Paraphrasing the ideas within a document is an activity that would help building reading comprehension. Paraphrasing ideas would require one to understand the context of the sentence so that you can write it in your own way so in a way it helps comprehension.<span />
7 0
3 years ago
Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. F
masha68 [24]

Answer:

Closing Units =  (710 units - 490 units)= 220 units

a) FIFO : closing inventory = $14,040

   Mar 18 purchase 20 *$62 =$1,240

  Mar 25 purchase 200 *$64 = $12,800

b) LIFO : closing inventory = $12,780

Mar 1 opening = 90 * $52 =$4,680

Mar 18 purchase = 110 * $62 = $6,820

Mar 25 purchase = 20*$64 =1,280

c) Weighted Average Method (WAM) :

WAM= (Opening cost + purchases cost)/(opening units +units purchased)

       = ($7,800+$14,250)/(150+250) = $55.125 cost before Mar 9 sale

WAM(after the first sale) = ($4,961.25 +$6,820 + $12,800)/(90+110+200)

                                        = $61.45

Closing Inventory = $61.45*220 =$13,519

d) Specific Identification :Closing Inventory = $13,070

Mar 01 opening = 60 *$52 =$3,120

Mar 5 Purchase = 30*$57 =$1,710

Mar 18 Purchase = 40*$62 =$2,480

Mar 25 Purchase = 90*$64 =$5,760

Explanation:

The Question is incomplete. I have provided the missing part of the question below.

Date Activities Units Acquired at Cost Units Sold at Retail

Mar. 1  Beginning inventory  150 units  $52.00/unit    

Mar. 5  Purchase  250 units  $57.00/unit    

Mar. 9  Sales      310 units  $87.00/unit

Mar. 18  Purchase  110 units  $62.00/unit    

Mar. 25  Purchase  200 units  $64.00/unit    

Mar. 29  Sales      180 units  $97.00/unit

     Totals  710 units   490 units

5 0
4 years ago
The Muffin House produces and sells a variety of muffins. The selling price per dozen is $ 18​, variable costs are $ 5 per​ doze
Vlad1618 [11]

Answer:

$7,222

Explanation:

Given that,

Selling price per dozen = $18​

Variable costs = $5 per​ dozen

Total fixed costs = $ 5,200

Contribution margin per dozen:

= Selling price per dozen - Variable costs per dozen

= $18​ - $5

= $13

Contribution margin ratio:

= (Contribution margin ÷ Selling price per dozen) × 100

= ($13 ÷ $18) × 100

= 0.72 × 100

= 72%

Break-even sales in​ dollars:

= Total fixed costs ÷ Contribution margin ratio

= $5,200 ÷ 0.72

= $7,222

6 0
3 years ago
Other questions:
  • Anne has violated a workplace protocol by texting while operating heavy equipment. No one was hurt but ann’s supervisor noticed
    8·1 answer
  • A machine with a book value of $80,000 has an estimated five-year life. A proposal is offered to sell the old machine for $50,50
    12·1 answer
  • Suppose that lenders want to receive a real rate of interest of 5 percent and that they expect inflation to remain steady at 2 p
    6·1 answer
  • Presented below is the trial balance of Pina Corporation at December 31, 2017. Debit CreditCash $ 198,550Sales $ 8,103,580Debt I
    9·1 answer
  • roarie brothers farm a seed company specializing in seed corn. at their weekly meeting they tried to calculate the portion of th
    5·2 answers
  • You owe $5,000 on your credit card and you can pay the following monthly payments:
    8·1 answer
  • According to the video, what are some tasks Electrical Engineers perform? Check all that apply.
    7·2 answers
  • How might a manufacturer of automobile use a decision process to approach to better understand how consumers purchase these prod
    7·1 answer
  • Buget Constraint. Suppose that Russ has budgeted $20 a month to by candy bars, music downloads, or some combination of both. If
    7·1 answer
  • Miguel is NOT very self-aware. How will this MOST likely affect his upcoming job search process?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!