1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
inna [77]
3 years ago
15

Bottle Top, Inc. recently announced they will pay their first annual dividend next year in the amount of $0.75 a share. The divi

dend will be increased by 4 percent annually thereafter. How much are you willing to pay for one share of this stock if you require a 10 percent rate of return?
Business
1 answer:
Korolek [52]3 years ago
4 0

Answer:

$12.50

Explanation:

Data provided in the question

Annual dividend next year = $0.75

Growth rate = 4%

Required rate of return = 10%

So by considering the above information, the price of the share is

= Next year dividend ÷ (Required rate of return - growth rate)

= $0.75 ÷ (10% - 4%)

= ($0.75) ÷ (6%)

= $12.50

Hence we considered all the information which is given in the question

You might be interested in
True or false? one of the most common reasons for stopping an exercise training program is injury.
Mama L [17]
Truth cause it may do to doing the activity wrong..or body ain’t conditioned right for it
3 0
3 years ago
Read 2 more answers
Case Study: Capitalization versus Expensing
Solnce55 [7]

Answer:

Please see attachment

Explanation:

Please see attachment

7 0
3 years ago
After the accounts are adjusted and closed at the end of the fiscal year, accounts receivable has a balance of $340,000 and allo
bija089 [108]
340,000-51,000=$289,000
3 0
3 years ago
_______________________:The selling of goods and services produced in one country to another country.
melamori03 [73]
What Is an Export? By definition, exports are a function of international trade whereby goods produced in one country are shipped to another country for future sale or trade. Exports are a crucial component of a country's economy, as the sale of such goods adds to the producing nation's gross output.
6 0
3 years ago
Which statement below is​ FALSE?
djyliett [7]

Answer: The answer (C) is false.

Explanation: Some organizations may not declare publicly that romantic relationships are forbidden in their workplace. However, romantic relationships which exist in a workplace may cause potential conflicts and legal repercussions from the liaison. Some companies ban relationships between employees in the same department to reduce the likelihood of personal emotions/conflicts or relationship issues infiltrating the working environment. This will affect productivity and create a negative environment for other colleagues. Furthermore, employees who use romantic relationship to their advantage for workplace advancement is strictly prohibited.

5 0
3 years ago
Other questions:
  • Pestiferous Manufacturing produces a chemical pesticide and uses process costing. There are three processing departmentslong das
    6·1 answer
  • Ethical Work Climate reflects the ________ of the organization and shapes the ________ of its members.
    6·1 answer
  • What is the difference between a shortage and scarcity?
    12·2 answers
  • International Paper's land management strategy included investments in hunting and game preserves which were not part of IP's bu
    15·1 answer
  • Carter Company reported the following financial numbers for one of its divisions for the year; average total assets of $4,110,00
    11·1 answer
  • "other things being​ equal, which market structure would produce the least output and the highest average product​ price
    5·1 answer
  • How are fixed costs different from variable costs?
    11·2 answers
  • What is the best way to prevent the transmission of Hepatitis B?
    7·1 answer
  • Waterway Industries can produce and sell only one of the following two products: Oven Contribution Hours Required Margin Per Uni
    9·1 answer
  • Identify the form of communication in which an individual both speaks up for their rights and also takes others' rights and feel
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!