A Vision Statement is an aspirational description of what an organization would like to achieve or accomplish in the mid-term or long-term future.
Answer:
31.5%
Explanation:
Given from the question kd = 7.0 %
Tax rate = 35 %
P0 = $ 28.86
Growth g = 4.9 %
D1 = $ 0.94
First find the cost of common stock by
rS = D1/P0 + g
=0.94/$28.86 + 0.49
=0.523
= 52.3%
Finally, calculate the weighted average cost of capital WACC,
using rs= 0.523,
Tax rate =43% =0.43
Equity E 100% - 43% = 57% =0.57 and
kd=7.0 % = 0.07
so WACC = (D/A)(1 - Tax rate)kd+(E/A)rs
= 0.43(1 - 0.43)(0.07) + 0.57(0.523)
0.0172 + 0.298
= 0.315
= 31.5%
Answer:
The answer is: B) involve the recruitment, hiring, promotion, and training of qualified individuals.
Explanation:
Affirmative Action Programs (AAP) are imposed by the federal government as a basic requirement for doing business with them. They were originally instituted in 1961 by President John F. Kennedy. AAP are intended to ensure all people have equal opportunities in recruitment, hire, promotion, training, and discipline in employment.
Ayayai Company has an old factory machine that cost $63,000. The machine has accumulated depreciation of $35,280. Ayayai has decided to sell the machine. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Answer:
The DAP Company
Current price per share:
Current price = Current Dividend (D0) / (WACC - Growth Rate)
= $2/ (0.10 - 0.06) = $50
Explanation:
The technique used to value the share price is called the Dividend Discount Model (DDM). The Myron Gordon model of this DDM is popularly used.
This model states that the current price of a share is the Current Dividend (D0) divided the difference between the cost of capital and the growth rate.
The result is the intrinsic value of the stock. The model assumes that dividends are paid in perpetuity and that the growth rate is constant over many years.
These remain assumptions as the real life offers quite different scenarios. There is no company that pays dividend every year in perpetuity. A company's growth rate is never constant year on year.
