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TiliK225 [7]
3 years ago
15

Edmund stench consumes two commodities, namely garbage and punk rock video cassettes. he doesn't actually eat the former but kee

ps it in his backyard where it is eaten by billy goats and assorted vermin. the reason that he accepts the garbage is that people pay him $2 per sack for taking it. edmund can accept as much garbage as he wishes at that price. he has no other source of income. video cassettes cost him $6 each.
Business
1 answer:
katrin2010 [14]3 years ago
5 0
<span>There is no clearly defined question and grammatical errors are in the text above. That said, the text begs the question why does Edmund consume cassettes? The answer is that the cassettes attract billy goats and the goats eat the garbage. Edmund can earn a living as long as each $6 cassette attracts enough of the goats to consume 3 garbage sacks. To be profitable, one cassette must attract enough goats to consume 4 sacks of garbage.</span>
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The VP of Customer Experience at an international hotel chain is constantly looking for ways to improve customer service, whethe
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The correct answer is Points of interaction.

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Countries which export more than they import (i.e., which have a surplus in their balance of trade) still will have a $0 balance
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The common stock of Zeta Group sells for $42 per share, has a rate of return of 12.2 percent, and a dividend growth rate of 1.8
Soloha48 [4]

Answer:

The amount of the last annual dividend paid is <u>$4.3</u>.

Explanation:

Given:

The common stock of Zeta Group sells for $42 per share, has a rate of return of 12.2 percent, and a dividend growth rate of 1.8 percent annually.

Now, to find the amount of last annual dividend paid.

Let the amount of last annual dividend paid be l.

Price of per share (p) = \$42.

Rate of return (r) = 12.2\%.

Rate of dividend growth (g) = 1.8\%.

Now, to get the amount of last dividend paid we put formula:

p=\frac{l(1+g)}{r-g}

42=\frac{l(1+1.8\%)}{12.2\%-1.8\%}

42=\frac{l(1+0.018)}{0.122-0.018}

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<em>Multiplying both sides by 0.104 we get:</em>

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<em>Dividing both sides by 1.018 we get:</em>

4.3=l

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Therefore, the amount of the last annual dividend paid is $4.3.

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