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mixas84 [53]
3 years ago
14

Goode Inc.'s stock has a required rate of return of 11.50%, and it sells for $25.00 per share. Goode's dividend is expected to g

row at a constant rate of 7.00%. What was the last dividend, D0?
Business
1 answer:
Alchen [17]3 years ago
6 0

Answer:

1.05

Explanation:

Price - 25.00

Required - 11.50%

Growth Rate- 7%

To calculatethe last dividend, we will apply the formula below;

(Price*(Required-Growth Rate))-Growth Rate

Substituting the values in the formula, we have;

(25*.045)-.07 = 1.055

Hence the last dividend is 1.05

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Answer:

The amount Lava should charge against income during year 4 is $63,000.

Explanation:

Since amortization is assumed to be recorded at the end of each year, this can be calculated as follows:

Annual amortization expense = Cost of the patent  / Patent's estimated useful life = $90,000 / 10 = $9,000

Amortization expense recorded prior to year 4 = Annual amortization expense * 3 years =  $9,000 * 3 = $27,000

Unamortized cost of patent charge against income during year 4 = Cost of the patent - Amortization expense recorded prior to year 4 = $90,000 - $27,000 = $63,000

Therefore, the amount Lava should charge against income during year 4 is $63,000.

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Abc manufacturers conducts commercial transactions across national boundaries. abc manufacturers would be classified as a(n) ___
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Three employees believe that their pay is too low. One of them quits, the second complains to management about the low pay, and
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Answer and explanation:

The EVLN (Exit, Voice, Loyalty, Neglect) model explains how employees react differently in front of dissatisfaction at work. In such a way:

  • Exit:<em> implies quitting or requesting a change of roles within the same organization. </em>
  • Voice: <em>involves providing constructive suggestions about a stressful situation. </em>
  • Loyalty:<em> implies waiting for the issue to be solved by others. </em>
  • Neglect:<em> involves reducing labor efficiency to harm the company's performance. </em>

Thus, in the example, the<em> exit (employee who quits), voice (employee who complains), </em>and<em> loyalty (employee who does nothing)</em> reactions are used by employees even if they share the general idea that payments are low.

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