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sasho [114]
3 years ago
12

Summit Systems has an equity cost of capital of 11.5%, will pay a dividend of $1.50 in one year, and its dividends had been expe

cted to grow by 7.0% per year. You read in the paper that Summit Systems has revised its growth prospects and now expects its dividends to grow at a r of 4.0% per year forever.
a. What is the drop in value of a share of Summit Systems stock based on this information?
b. If you tried to sell your Summit Systems stock after reading this news, what price would you be likely to get?
Business
1 answer:
Anni [7]3 years ago
5 0

Answer:

Explanation:

Ok

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concepts like value and relationship marketing are important in designing an organization's marketing program because such a pro
Elanso [62]

Concepts like value and relationship marketing are important in designing an organization's marketing program because such a program is what connects the organization to its customers.

 Below you can read further to understand more on customer relationship Management.

<h3>What is Customer Relationship Management?</h3>

Customer relationship management refers to the process in which a business or other organization  interacts with customers, typically using data analysis to study large amounts of information.

This also involves the process of nurturing positive relationships with your customers.

Learn more about Customer Relationship Management at brainly.com/question/21299183

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4 0
1 year ago
The purpose of the accrual basis of accounting is to:
ololo11 [35]
The accounting method under which revenues<span> are recognized on the income statement when they are earned.</span>
5 0
3 years ago
Mar. 17 Received $275 from Shawn McNeely and wrote off the remainder owed of $1,000 as uncollectible. July 29 Reinstated the acc
PIT_PIT [208]

Answer:

Mar 17.

6150 Bad Debt Expense  $1.000 - Debit

1010 CASH Operating Account $275 - Debit

                 1290 A/REC Allowance for Uncollectible Accounts  $1.000 - Credit

                 1220 A/REC Trade Notes Receivable $275 - Credit

Jul 29.

1290 A/REC Allowance for Uncollectible Accounts  $1.000 - Debit

1010 CASH Operating Account $1.000 - Debit

                        6150 Bad Debt Expense  $1.000 - Credit

                        1220 A/REC Trade Notes Receivable $1.000 - Credit

Explanation:

7 0
3 years ago
Using real GDP to compare the level of economic well-being in two countries may be misleading because the value of ______ contri
julsineya [31]

Answer:

The correct answer is letter "C": leisure.

Explanation:

In Business, leisure can be defined as the time people spend when they are not working or engaged in economic activities. With no doubt, the time people spend off work determines how they can perceive their well-being. Though, as the Gross Domestic Product (<em>GDP</em>) of a country is considered to measure people's well being but as the GDP does not include leisure, the GDP source might not be the most accurate for that purpose.

7 0
3 years ago
Identify five typical users of accounting information​
RUDIKE [14]

Answer:

Owners,and stockholders, directors,officers, internal departments

Explanation:

4 0
3 years ago
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