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LenaWriter [7]
3 years ago
10

A _____ plan relies on a predetermined formula to distribute a share of the company's profits to eligible employees.

Business
1 answer:
Naya [18.7K]3 years ago
4 0
Profit sharing plan relies on a predetermined formula to distribute a share of the company's profits to eligible employees.
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A stock just paid an annual dividend of $1.8. The dividend is expected to grow by 8% per year for the next 3 years. The growth r
Viktor [21]

Answer:

1.

The current stock price is $28.71

2.

The current stock price is $149.15

Explanation:

1.

We need to calculate the present value of the dividends with each growth

First calculate the dividend each year

Year _________________________ Dividend

1 _____( $1.8 x ( 1 + 8% )^1__________ $1.9440

2_____( $1.8 x ( 1 + 8% )^2__________ $1.1664

3_____( $1.8 x ( 1 + 8% )^3__________ $2.2675

4_____( $2.2675 x ( 1 + 7% )________ $2.4262

5_____( $2.4262 x ( 1 + 6% )________ $2.5718

6_____( $2.5718 x ( 1 + 5% )_________ $2.7004

Calculate  the present value of each years dividend

Year _________________________ present value

1 _____( $1.9440 / ( 1 + 12% )^1 __________ $2.1773

2_____$1.1664 / ( 1 + 12% )^2___________ $0.9298

3_____$2.2675 / ( 1 + 12% )^3___________$0.7118

4_____$2.4262 / ( 1 + 12% )^4___________$1.5419

5_____$2.5718 / ( 1 + 12% )^5___________ $1.4593

6_____$2.7004 / ( 12% - 5% ) / ( 1 + 12% )^5_$21.8897

Total _____________________________ $28.7098

Hence priec of the stock is $28.71

2.

First calculate dividend of Year 6

Dividend = EPS x Payout ratio = 23 x 80% = $18.40

Present value = $18.4 / ( 12% - 5% ) / ( 1 + 12% )^5 = $149.15

8 0
3 years ago
What is the website authorized by federal law where you can obtain your credit report for free?
uysha [10]

The website authorized by Federal Law is <em>annualcreditreport..com</em><em>.</em>

A credit report is an organized record database of borrower's credit history from different sources and its includes record from sources such as banks, credit card, governments etc.

  • There are numerous companies and sites that offers credit reports to individual but, the only authorized place by Federal law is <em>Annual Credit Report</em>.

  • However, individual's name, address, social security number, date of birth must be inputted on the website to verify identity.

In conclusion, the free website which is authorized by federal law where one can obtain one credit report is <em>annualcreditreport.</em>

Learn more about this here

<em>brainly.com/question/3836302</em>

5 0
2 years ago
Yan Yan Corp. has a $10,000 par value bond outstanding with a coupon rate of 4.8 percent paid semiannually and 22 years to matur
Shalnov [3]

Answer:

$10,856

Explanation:

Price of the bond is the present value of all cash flows of the bond. These cash flows include the coupon payment and the maturity payment of the bond.

According to given data

Face value of the bond is $10,000

Coupon payment = C = $10,000 x 4.8% = $480 annually = $240 semiannually

Number of periods = n = 22 years x 2 = 44 period

YTM =  4.2% annually = 2.1% semiannually

Price of the bond is calculated by following formula:

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond = $240 x [ ( 1 - ( 1 + 2.1% )^-44 ) / 2.1% ] + [ $10,000 / ( 1 + 2.1% )^44 ]

Price of the Bond = $6,848.64 + $4007.4 = $10,856.04

4 0
2 years ago
The Carolina Christmas Tree Corporation grows and sells 500 Christmas trees. The average cost of production per tree is $50. Eac
vladimir2022 [97]

Answer:

The Carolina Christmas Tree Corporation’s total revenue is $32,500.

Explanation:

The total supply of Carolina Christmas Tree Corporation (Q) = 500

The selling price of a tree (P) = $65

The total revenue (TR)of Carolina Christmas Tree Corporation = Total supply (Q) * Selling price of a tree (P)

TR = 500 * $65 = $ 32500

Therefore, the answer to the given question is option C = $ 32,500

3 0
3 years ago
Capital market securities include all of the following EXCEPT:
Stells [14]

Answer:

The asnwer is C, Certificate of deposit.

Explanation:

In the U.S., securities are defined as contracts in which one party invests money with another and expects to make a return.

Regular bank cerificates of deposits are not regulated as securities.

Cerificates of deposits are time-deposit agreements between individuals and banks that involve a depositor committing funds to the bank for a predetermined period of time in exchange for a specified rate of interest.

3 0
3 years ago
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