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Nastasia [14]
4 years ago
6

Show Boat Dinner Theatres has paid annual dividends of $0.32, $0.52, and $0.60 a share over the past three years, respectively.

The company now predicts that it will maintain a constant dividend since its business has leveled off and sales are expected to remain relatively flat. Given the lack of future growth, you will only buy this stock if you can earn at least a 19 percent rate of return. What is the maximum amount you are willing to pay for one share of this stock today
Business
1 answer:
Hunter-Best [27]4 years ago
3 0

Answer:

$3.16

Explanation:

Since in the question it is given that the company wants to maintain a constant dividend.

So, the maximum amount you are willing to pay for one share is

= $0.60 ÷ 19%

= $3.16

We simply divide the dividend for 3 year by the earning rate of return so that the maximum price could come

All the other information which is given is not relevant. Hence, ignored it

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Anbinh Fashions is launching a new line of one-of-a-kind designer jewelry. Each piece is handcrafted, and production volumes wil
seropon [69]

Answer:

Correct option is (e)

Explanation:

There are three levels of distribution intensities: intensive, selective and exclusive. Intensive distribution is when producer covers all possible distribution channels to make the product available. Selective distribution is when the producer selects a few distributors to make the product available particularly to a target customer that the producer has already identified.

Exclusive distribution is done for high end brands where only selective distributors are involved so as to make the product exclusive and not available in abundance. This type of distribution is done for products that are limited edition or unique in nature.

So Anbinh fashion should choose exclusive distribution for its one of a kind designer jewelry.

3 0
4 years ago
The strength of patent protection is that it___________.
Tatiana [17]

The strength of patent protection is that it D) grants a monopoly on underlying concepts and ideas.

4 0
4 years ago
A(n) _____ exists when a country is the most efficient producer of an item.
kompoz [17]

A Absolute Advantage exists when a country is the most efficient producer of an item.

3 0
4 years ago
The prepaid insurance account had a balance of $9,400 at the beginning of the year. The account was debited for $10,400 for prem
soldier1979 [14.2K]

Answer:

Following are the response to the given points:

Explanation:

\text{Insurance Expense} =\text{ Beginning Prepaid Insurance} + \text{Cash Premium Paid} -\text{Ending Prepaid Insurance}

                             = \$9,400 + \$10,400 - \$3,730\\\\ = \$16,070

Date  \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ General \ Journal  \ \ \ \ \ \ \ \ \ \ \ \ \ \ \  Dr.  \  \ \ \ \ \ \ \ \ Cr. \\\\ March \ 31\ \ \ \ \ \ \ \ Insurance \ Expense  \ \ \ \ \ 16,070 \ \ \ \ \ \ \ \ \ \ \ \ \  \\\\

                       Prepaid\ Insurance \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 16,070\\\\

For point b:

Date  \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ General \ Journal  \ \ \ \ \ \ \ \ \ \ \ \ \ \ \  Dr.  \  \ \ \ \ \ \ \ \ Cr. \\\\ March \ 31\ \ \ \ \ \ \ \ Insurance \ Expense  \ \ \ \ \ 18,100 \ \ \ \ \ \ \ \ \ \ \ \ \  \\\\

                       Prepaid\ Insurance \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 18,100\\\\

5 0
3 years ago
Emma is a recent college graduate who is unmarried and has no children. Which of the following benefits would be of least import
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Answer:

C. Life insurance

4 0
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