Answer:
$1,350,000
Explanation:
The computation of the amount of cash payments to stockholders is shown below:
= Beginning balance of dividend payable + cash dividend declared - ending balance of dividend payable
= $250,000 + $1,200,000 - $100,000
= $1,350,000
To find out the amount of cash payments to stockholders we added the cash dividend declared and deduct the ending balance of dividend payable to the beginning balance of dividend payable
Answer:
$109
$118.81
18.26%
Explanation:
Intrinsic value can be determined using the constant growth dividend model
according to the constant dividend growth model
price = d1 / (r - g)
d1 = next dividend to be paid
r = cost of equity
g = growth rate
dividend, growth rate and cost of equity are not given and they have to be calculated
growth rate = retention rate x ROE
Retention rate = 1 - payout ratio = 1 - 0.5 = 0.5 = 50%
0.5 x 18% = 9%
According to the capital asset price model: cost of equity = risk free + beta x (market rate of return - risk free rate of return)
9% + 2x (14% - 9%) = 19%
dividend = payout ratio x earnings per share
0.5 x $20 = $10
Intrinsic value = = $109
Stock price in a year
= 118.81
(dividend return + price return)
price return is the return on investment as a result of appreciation or depreciation of share price
Dividend return is the return on investment from dividend earned
price return = price at the end of the year - price at the beginning of the year
Answer:
I think it's global economy
Answer:
A kopeck is a hundredth of a ruble
1 ruble sales = 0.8516 ruble cost
? Sales = 5,632,000 ruble
Sales = 5,632,000 divide 0.8516 = 6,613,434 rubles