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
OSHA can help a business avoid this type of risk
aniked [119]
What are the risk options ?
3 0
2 years ago
Read 2 more answers
esterday, Berryman Investments was selling for $50 per share. Today, the company completed a 7-for-2 stock split. If the total m
boyakko [2]

Answer:

The correct option is C, $14.29  

Explanation:

A 7-2 stock split means that 7 shares now have the value of 2 shares held previously.

This simply means that a stockholder who had 2 shares before the stock split now has 7 shares.

The price of the share after the stock split the value of 2 shares before stock split divided by 7 shares i.e   ($50*2)/7=$ 14.29  

The correct option from the multiple choices is $ 14.29  

4 0
3 years ago
What is the difference between excluded services and services that are not reasonable and necessary?
Kitty [74]
Excluded services are those services which health insurance companies do not pay for. Those services may be needed or necessary but they are not covered by the health insurance plan and the person concerned will have to pay for the service himself. Services that are not reasonable or necessary refer to those services which are not deem necessary in the treatment of a patient.
8 0
3 years ago
Suppose that the price of a rental car (Prc) is $50 while the price of a flight (Pfl) is $85. Also, suppose that the marginal ut
Masteriza [31]

Answer:

Consumers should choose to take the flight.

Explanation:

The price of a rental car = $50

Marginal utility from the car = 20 utils

Now find the per dollar utility from car = $50 / 20 = 2.5

The price of a flight = $85

Marginal utility from the flight = 30 utils

Now find the per dollar utility from flight = $85 / 30 = 2.83

Since the per dollar, MU is greater in the case of flight so consumers should choose to take the flight.

6 0
3 years ago
Ms. Marilynn Castillo is a marketing manager at Gordon Corp. She debates whether or not to conduct a marketing research study be
Ipatiy [6.2K]

Answer:

The correct answer is letter "B": cost-benefit assessment.

Explanation:

Cost-benefit assessment implies analyzing what the costs and benefits of engaging in business are. The approach aims to minimize losses and maximize benefits. It does not necessarily imply there are not going to be losses during the business cycle but could reduce them as much as possible.

3 0
3 years ago
Other questions:
  • Use the below information to answer the following question.
    13·1 answer
  • An improvement to a local restaurant does not comply with the zoning ordinances because it was constructed prior to the adoption
    5·1 answer
  • Mary agrees with this logic: if all violins are musical instruments, and if all musical instruments make noise, then all violins
    15·1 answer
  • Glacial Company estimates that variable costs will be 53.1% of sales, and fixed costs will total $710,000. The selling price of
    6·1 answer
  • However, Rina's decision regarding how many workers to use can vary from week to week because her workers tend to be students. E
    11·2 answers
  • A supplier to Ford stamps out parts using a press. Changing a part type requires the supplier to change the die on the press. Th
    7·1 answer
  • Jackson is working late at night on a project that is due the next day. he is not sure how to print his word document, and it is
    13·2 answers
  • Lester's Markets has total revenues of $3,811, costs of $2,902, depreciation of $315, interest expense of $168, and taxes of $89
    11·1 answer
  • The following transactions occurred during the month of June 2021 for the Stridewell Corporation. The company owns and operates
    15·1 answer
  • Developmental tasks: question 1 options: a) always involve children. b) occur at all stages of the life cycle. c) always impede
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!