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-BARSIC- [3]
3 years ago
15

You have just purchased a share of stock for $ 19.09. The company is expected to pay a dividend of $ 0.51 per share in exactly o

ne year. If you want to earn a 10.8 % return on your​ investment, what price do you need if you expect to sell the share immediately after it pays the​ dividend?
Business
1 answer:
frozen [14]3 years ago
8 0

Answer:

$20.64

Explanation:

Use the rate of return formula to solve for the new price;

r = ( P1 +Div1 -P0)/P0

whereby;

r = rate of return = 10.8% or 0.108 as a decimal

Div1 = Next year's dividend amount = $0.51

P1 = next year's stock price =?

P0 = Current stock price = $19.09

Next, plug in the numbers to the formula;

0.108 = (P1 + 0.51 - 19.09) / 19.09

Multiply both sides by 19.09;

2.0617 = P1 -18.58

Add 18.58 on both sides;

2.0617 + 18.58 = P1

20.64 = P1

Therefore, you need to sell the share at $20.64

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Svetlanka [38]

Out of the choices provided above, it can be concluded to state that the two ways in which a customer service and support can affect sales are,

  1. Distributing marketing information
  2. Increased Sales through Responsiveness and Personalization

Therefore, the options C and D hold true.

<h3>What is the significance of customer service?</h3>

Customer service can be referred to or considered as the method in which a dedicated team of designated members helps in the process of deriving efficient outputs for the firm in deriving sales from potential and targeted customers.

The sales can be derived by using different techniques, which may include the distribution of marketing information to the potential buyers who might end up purchasing and deriving sales. Additionally, personalization attracts a number of different customers to boost sales.

Therefore, the options C and D hold true and states regarding the significance of customer service.

Learn more about customer service here:

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4 0
1 year ago
Read 2 more answers
Medium:
Sever21 [200]

Answer: 335000

Explanation:

The company's cost of goods available for sale will be calculated as the addition of the begining inventory, the net purchases and the freight. This will be:

= Beginning inventory + Purchases + Freight

= 250000 + 70000 + 15000

= 335000

4 0
2 years ago
The entry to accrue a contingent liability reduces equity but not income. is made if it is more likely than not that the liabili
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Answer:

is made if it is more likely than not that the liability has been incurred.

Explanation:

When contingent liability is recorded it is recorded by debiting income statement and creating a liability in balance sheet, also it is not accounted for until the amount of liability is pretty certain as without being clear about its occurrence and the amount involved the liability cannot be recorded.

There is no such loss account, there exists only income statement.

Therefore, with the above we can conclude that contingent liability is recorded only if:

is made if it is more likely than not that the liability has been incurred.

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1. Your older sister, Anna is trying to figure out how she's going to pay for college in the
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I really need to graduate HIGHSCHOOL PLEASE HELP ASAP. In a Chapter 7 bankruptcy, a debtor: A. is required to draw up a petitio
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A. is required to draw up a petition listing all assets and liabilities.
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