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natulia [17]
3 years ago
7

Moody Farms just paid a dividend of $3.25 on its stock. The growth rate in dividends is expected to be a constant 5 percent per

year indefinitely. Investors require a return of 14 percent for the first three years, a return of 12 percent for the next three years, and a return of 10 percent thereafter. What is the current share price
Business
1 answer:
Illusion [34]3 years ago
6 0

Answer:

Cash Flow Year Present value

             -    0         0.00

        3.41  1         2.99

       3.58  2         2.76

        3.76  3         2.54

        3.95  4         2.38

        4.15  5         2.23

        4.36  6         2.09

       91.46  6         43.94

Current share price = $58.93

Explanation:

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The following data refer to Brompton Company’s ending inventory:
Leona [35]

Answer:

Unit cost

Explanation:

They ending inventory

4 0
3 years ago
Not to sure abt my ans.. i need some confirmation lol
koban [17]

Answer:

your answer is correct

Explanation:

4 0
3 years ago
Rory’s company sells laptop computers for $700 and high-end desktop computers for $1,800. The variable costs for the laptops tot
EastWind [94]

Answer:

The weighted-average unit contribution margin is $610

Explanation:

Hi, first we need to find the contribution margin for each line of product. This is as follows.

Laptops

Price-Var.Cost= Contrib.Margin

700-300=400

Desktops

1,800-700=1,100

Now, the weighted-average unit contribution margin is as follows.

Contrib.Margin(Laptops)*Percent(Laptops)+Contrib.Margin(DeskT)*Percent(DeskT)

1,100*0.3+400*0.7=610

So, the weighted-average unit contribution margin for this company is $610

Best of luck

5 0
3 years ago
After 30 selfless years of service to our company, Renalda Garwacki has chosen to take a little more time for herself. With a ne
IgorC [24]

Answer:

Semi-indirect organizational pattern is the answer.

Explanation:

The paragraph uses a semi-indirect organizational pattern. The purpose of the paragraph is to inform other employees about Renalda's contribution to the organization and that she will be leaving the company while in the end it is directly pointed to Renalda herself.

6 0
3 years ago
What is the difference between a positive economic statement and a normative statement?
yaroslaw [1]

Answer:

e. A positive economic statement can be proved; a normative statement cannot.

Explanation:

A positive economic statement are objective statement that can be tested, amended or rejected by referring to available evidence.

this means in essence that a positive economic statement is prone to improvement when proven. it is not rigid

a normative statement is subjective that cannot be changed. it is rigid.

7 0
3 years ago
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