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balandron [24]
3 years ago
10

Upton co. Is growing quickly. Dividends are expected to grow at 20 percent for the next three years, with the growth rate fallin

g off to a constant 5 percent thereafter. If the required return is 14 percent and the company just paid a dividend of $2.50, what is the current share price? (do not round intermediate calculations. Round your answer to 2 decimal places,
e.G., 32.16.)
Business
1 answer:
Masteriza [31]3 years ago
7 0

<em>The answer to your question is 7.</em>

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When reviewing Form 13614-C, you see the "Interest" question is marked "Yes" and the taxpayer gives you a Form 1099-INT. You sho
Olenka [21]

Answer:

True

Explanation:

yes it is true that you should ask the taxpayer if they had any other interest income to avoid double taxation elsewhere

7 0
3 years ago
Land and other real estate held as investments by endowments in a government's permanent fund should be reported at
VashaNatasha [74]

Complete Question:

Land and other real estate held as investments by endowments in a government’s permanent fund should be reported at

Group of answer choices

A. Historical cost.

B. Fair value less costs of disposal.

C. Fair value.

D. The lower of cost and net realizable value.

Answer:

C. Fair value.

Explanation:

Land and other real estate held as investments by endowments in a government's permanent fund should be reported at fair value of the reporting date except for the exception of life insurance contract, external investment pool, money market investment etc.

The fair value can be defined as the actual or real value of an asset, security, product or item in financial accounting.

5 0
3 years ago
"if Washburn achieves the sales target of 2,000 units at the $349 retail price, what will its profit be?"
dybincka [34]

Answer: $370,000

Explanation:

Your question isn't complete as there were some further questions asked before getting to this question.

The profit from 2,000 units at $349 will be:

Profit = Total revenue – Total cost

Total revenue = (P x Q)

= $349 x 2000

= $698000

Total cost = [FC + (UVC x Q)]=

= [$38,000 + ($145 x 2,000)]

=$38000 + $290000

= $328000

Profit = Total revenue - Total cost

Profit = $698000 - $328000

Profit = $370000

5 0
2 years ago
What is the correct statement about regressive taxation?
Karolina [17]

Answer:

B. The sales tax you pay when you fill your car up with gas is regress

Explanation:

Gasoline tax is regressive because everyone regardless of their income level pay the same amount of tax per gallon of gas purchased. A progressive tax means that people that have higher incomes will pay a higher tax rate, for example, federal income taxes. Every flat tax (same percentage for everyone) is regressive.

8 0
2 years ago
Under what conditions can a good separation be achieved with a simple distillation?
Reil [10]
Distillation is a process that can separate a mixture, composed of two or more components, by using selective evaporation and condensation. In this process is important to have the components with different boiling points, otherwise it's not possible to separate.
That means, that a good separation can be achieved if the boiling points have a large difference.
6 0
2 years ago
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