Total quality management firms believe that it is the responsibility of ____ employees to serve the needs of customers.

The Extreme Reaches Corp. last paid a $1.50 per share annual dividend. The company is planning on paying $3.00, $5.00, $7.50, an

Dimas [21]

Answer:

Market price of share = $26.57

Explanation:

According to the dividend valuation model, the value of a stock is the present value of the expected future dividends from the stock discounted at the the required rate of return.

The required rate of return here is 15%

The dividend growth model a be applied to each of the years as appropriate.

The share price of Extreme Reaches Corp can be computed as follows:

Year working Present value of Dividend

1 3.00 × (1.15) ×(-1) = 2.61

2 5× (1.15)^(-2) = 3.78

3 7.50× (1.15^(-3) = 4.93

4 10.0× 1.15^(-4) = 5,72

5 to infinity (see working) = 9.52

Present value 26.57

Working

Present value of dividend from Year 5 to infinity

PV (in year 4) of dividend from year 5 to infinity = 2.50× 1/(1.15)= 16.66

Present value in year 0 = PV in year 4× 1.15^(-4)

Present value in year 4 = 16.66× 1.15^(-4) = 9.52

Market price of share = $26.57

4 0

2 years ago

"Carmen owns a 2009 Toyota Camry that has been driven 24,000 miles and, to his knowledge, has no mechanical problems. He offers

Elodia [21]

Answer:

Jamie and Carmen have an Agreement

Explanation:

An Agreement is any statement or contract that is made between two ormore parties.

3 0

3 years ago

Read 2 more answers

Mack writes a check to his maid, Marianne, in payment for services rendered. Marianne indorses the check in blank and gives the

Minchanka [31]

Answer:

Explanation:

Mack, Marianne, and Martin

Explanation:

From the question, we are informed about, Mack who writes a check to his maid, Marianne, in payment for services rendered. Marianne indorses the check in blank and gives the check to her masseuse, Janet, in exchange for a neck massage. Without indorsing the check, Janet gives the check to Martin, her newspaper carrier in payment for the next four month's delivery charges. Martin indorses with a special indorsement and negotiates the check to his church, St. Mark. The church indorses the check and deposits it in its bank account. If Mack's bank later dishonors the check. In this case St. Mark's may look for recovery from Mack, Marianne, and Martin. This is because the check was endorsed by three of them and as a result of this anything that happened to the check may be it's not been accepted or other things, they will be held responsible for it since they signed at the back of the check.

5 0

3 years ago

The accounting process is correctly sequenced asA) Identifying→recording→communicatingB) Identifying→communicating→recordingC) C

garik1379 [7]

Answer:

The correct answer to the following question is option A) Identifying - Recording - Communicating .

Explanation:

An accounting process can be defined as series of activities which begins with identifying a transaction and ends with books closed. This process is also called accounting cycle because this process is done every financial reporting period. Here the first step would be to identify a transaction, then getting source document of transaction ready, after that classifying the transaction , then recording it by making journal entries, which would then lead to preparation of ledger, trial balance and other financial statements etc.

3 0

3 years ago

Some americans argue that _____ should be used to keep domestic wages high and unemployment low.

Lady_Fox [76]

The answer is "tariffs".

If we define tariff in simple words, then we can say that tariff is a tax and it adds to the cost of imported merchandise and is one of a few exchange arrangements that a nation can authorize.
Tariffs are regularly made to ensure newborn child ventures and creating economies but at the same time are utilized by further developed economies with created enterprises.

3 0

3 years ago