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My name is Ann [436]
3 years ago
8

Dragon express inc. just paid a $1.57 dividend and investors expect that dividend to grow by 5% each year forever. if the requir

ed return on the stock investment is 14%, what should be the price of the stock today.
a. $11.21
b. $17.44
c. $25.37
d. $18.32
Business
1 answer:
Elena-2011 [213]3 years ago
6 0

To solve this problem, we will use a valuation method named income valuation includes discounting of the profits the stock will carry to the stockholder in the probable future, and a final value on disposal.

Solution:

1.57 (1.05) / (.14 - .05)

= 18.32. the answer is letter d.

<span> </span>

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How does the tax rate of woolworths compare to other forms of property
nekit [7.7K]

For the quarter ending December 2021, Woolworths Group's tax rate was 27.15%. See other financial metrics below.

<h3>What is the significance of tax rate?</h3>

Taxation not only pays for public goods and services; it also plays an important role in the social compact that exists between citizens (corporate and individual) and the economy.

The manner in which taxes are collected and spent may define a government's very legitimacy.

When very big corporations such as Woolworth are involved, they are also evaluated on their commitment to tax payment.

<h3>What is the Asset Value of Woolworth Holdings  as at December 2021?</h3>

The Asset Value of Woolworth Holdings  as at December 2021 was valued at about 59 Billion Dollars. In the same year, it's net income was valued at about 4.2 Billion Dollars.

Her EBDITDA - Earnings before interest, taxes, depreciation, and amortization was computed to have grown by 11.59 Billion dollars.

Hence, this tells us that after satisfying it's corporate fiscal responsibility (tax payment), Woolworth remained profitable. To the tune of 4.2 billion dollars.

Learn more about Financial metrics:
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3 0
1 year ago
Vaughn Manufacturing purchased equipment for $15300 on December 1. It is estimated that annual depreciation on the computer will
ki77a [65]

Answer:

The correct answer is option (E).

Explanation:

According to the scenario, computation of the given data are as follows:

Equipment = $15,300

Estimated annual depreciation = $3,060

Time period = 1 month

So, Depreciation = $3,060 × 1 ÷ 12

= $255

So, Here journal entry are as follows:

Depreciation A/c Dr $255

To Accumulated depreciation A/c $255

(Being the depreciation is recorded)

4 0
2 years ago
Anderson Mortgage Company has decided to outsource its loan processing activities to Total Processing, Inc. Pursuant to their ag
SpyIntel [72]

Answer: No, it is not a violation of RESPA

Explanation:

No, the scenario in this question is not a violation of the RESPA conduct because there is no penalization if an organization pays an individual for the  services performed.  The RESPA violations of bribery, referrals, and the fee splitting proscription are therefore subject to the severe penalties which further includes fines and imprisonment.

3 0
3 years ago
Joe Levi bought a home in Arlington, Texas, for $147,000. He put down 25% and obtained a mortgage for 30 years at 8.00%. What is
Leni [432]

Answer:

53,367

Explanation:

The first thing we do is to substract the down payment from the initial amount, because this payment is not part of the mortgage.

147,000 x 25% = 36,750

147,000 - 36,750 = 110,250

Next, to find the financed amount we use the present value of an annuity formula:

PV = X [(1 - (1 + i)^-n) / i ]

Where:

  • PV = Present value, in this case, the initial financed amount of $110,250
  • X = Value of the annuity payments.
  • i = Interest rate
  • n = number of compounding periods

For the 8% interest rate we have:

110,250 = X [(1 - (1 + 0.08)^-30) / 0.08]

110,250 = X [11.26]

110,250 / 11.26 = X

9,791.3 = X

Now we multiply this value by 30 to obtain the total amount paid

9,791.3 * 30 = 293,739

The total interest cost under then 8% interest rate is the total amound paid minus the initial amount:

Total interest cost = 293,739 - 110,250

                              = 183,489

We do the same for the 6% interest rate:

110,250 = X [(1-(1 + 0.06)^-30) / 0.06]

110,250 = X [13.76]

110,250 / 13.76 = X

8,012.4 = X

8,012.4 * 30 = 240,372

Total interest cost = 240,372 - 110,250

                              = 130,122

Difference in interest cost = 183,489 - 130,122

                                           = 53,367

4 0
3 years ago
________ is a management-oriented and production-centered perspective of organizational communication.
skad [1K]

Answer:

Scientific Management.

Explanation:

Scientific management is a approach to implement science in the management activities to improve economic efficiency and productivity of the industry. It was first introduced by Mr Frederick Taylor in 1911. These new scientific principle have replaced conventional hit and trail method and rule of thumb method which made work easier for management and worker to perform well. Scientific management have also brought co-ordination between worker and manager.

There are four principle of scientific management by Mr Frederick Talor:

  • Replacing orthodox rule of thumb method with scientific method work.
  • Instead of using "Hit and trail" approach for worker recruitment, scientific approach need to be implemented as selecting, training and developing worker to work effeciently.
  • There should be proper coordination between worker and manager to get smooth workflow.
  • Work should be equally divided between managers and worker to motivate and get optimum productivity.
5 0
3 years ago
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