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Mashutka [201]
3 years ago
15

The Garden Shoppe has adopted a policy of increasing the annual dividend on its common stock at a constant rate of 1.65 percent

annually. The firm just paid an annual dividend of $1.84. What will the dividend be eight years from now?
Business
1 answer:
Andru [333]3 years ago
3 0

Answer:

In order to find the dividend 8 years from now we will use the formula D*(1+R)^N

Right now

D= 1.84

R=1.65%

N= 8

1.84*(1.0165)^8

=2.097

The dividend 8 years from now will be $2.097.

Explanation:

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The correct option is B.
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A company issues $50 million of bonds at par on January 1, 2018. The bonds pay 10% interest semi-annually on 12/31 and 6/30 and
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Answer: Please see explanation for answer

Explanation:

Journal entry to record sale of bonds

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3 years ago
Describe a real or made up but realistic situation in which you would want to use revolving credit. (2-4 sentences)
Artist 52 [7]

Answer:

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6 0
2 years ago
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Maksim231197 [3]

The approach is best demonstrated by Free Enterprise

Let understand that Free Enterprise is a system where there are full freedom for individuals and businesses. This system brings economic growth because its encourages entrepreneurs to start new businesses and take risks.

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3 0
3 years ago
Emy is at dinner with her group of friends when one of them pulls out a new pen that not only writes but takes pictures. It also
eduard

Answer:

Late Majority.

Explanation:

The adoption of a product by consumers is divided into five categories, namely, <u>innovators, early adopters, early majority, late majority, and laggards</u>. Such customers are known as adopters who adopt to new technology differently. The category of adopters was proposed by Everett Rogers in 1962.

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7 0
3 years ago
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