Answer:
The pric eof the stock today us $77.12
Explanation:
The two stage dividend growth model of DDM will be used to calculate the price of the stock today. The formula for two stage growth model is:
Price today = D1 / (1+r) + D2 / (1+r)^2 + ... + [(Dn / r - g) / (1+r)^n]
Price today = 3 / (1+0.06) + + 3 * (1+0.05) / (1+0.06)^2 + [(3 * (1+0.05) * (1+0.02) / 0.06 - 0.02) / (1+0.06)^2]
Price today = $77.12
Answer:
9
Explanation:
Sales revenue (at $25 per case) ................................$2,000,000 $1,500,000 $2,250,000 Less: Cost of goods sold (at absorption cost of $21 per case) * ............................1,680,000 1,260,000 1,890,000 Gross margin .............................................................$ 320,000 $ 240,000 $ 360,000 Less: Selling and administrative expenses: Variable (at $ .50 per case) ............................40,000 30,000 45,000 Fixed ..............................................................37,500 37,500 37,500 Operating income ......................................................$ 242,500 $ 172,500 $ 277,500 *The absorption cost per case is $21, calculated as follows : production Planned over heading manufacture fixed Budgeted+ case per costing manufacture variable
=($400,000/80,000,)+ $16
= $5 + $16 = $21
1.b. Variable- costing income statement. a In year 4, the difference in reported operating income will be $50,000, calculated as follows: Change in inventory (in units) ×Predetermined fixed .
The Fed's policy tools focuses on required reserve ratio, the discount rate, and open market operations. The required reserve is set by the Fed to determine the required reserve ratio for each type of deposit made. The discount rate is set by the Fed by which interest rates are given out by commercial banks. The open market operation is the purchase or sale of government securities.
The government has various reasons for this. first of all, when the living standards are raised, the people will have more disposable income. this allows the people to start buying goods hence the demand will increase. when the demand increases, more tax may also be collected and more supply may be created...this creates jobs as well.
also, an increase in living standards will mean more happy people. this will increase their productivity hence production is increased which can increase amount of tax collected or even increase supply hence make goods cheaper overally.
last but not least, this will help in improving the health and nutrition of the people as less people will be sleeping hungry and less people will be falling sick. this will allow the government to reduce its spending on the health amenities so that money could be used somewhere else.
Depending on the type of job, it may or may not be acceptable for employees to wear nail polish to work especially if its unethical.
<h3>What is Formal Dressing ?</h3>
Formal dressing describes the appropriate way to dress for different occasions. This implies that you must dress according to the requirements of occasion you want to attend or according to your job requirement.
Employees must strive to dress properly as permissible by the code of conduct of the working environment.
Learn more about Proper dressing at brainly.com/question/27837116
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