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LiRa [457]
3 years ago
8

The next dividend payment by Grenier, Inc., will be $1.48 per share. The dividends are anticipated to maintain a growth rate of

5 percent forever. If the stock currently sells for $27 per share, what is the required return
Business
1 answer:
SOVA2 [1]3 years ago
5 0

Answer:

Required rate of return = 10.75%

Explanation:

<em>The value of a stock using the dividend valuation model, is the present value of the expected future dividends discounted at the required rate of return. The required rate of return is the cost of equity </em>

The model is represented below:

P = D× (1+g)/ ke- g

Ke- cost of equity, g - growth rate, p - price of the stock

This model can used to work out the cost of equity, as follows:

Ke = D× (1+g)/p + g

Ke = (1.48× 1.05)/27   + 0.05

Ke= 0.107555556

Required return =  0.1075  × 100 = 10.75

Required rate of return = 10.75%

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The following costs were incurred in May: Direct materials Direct labor Manufacturing overhead Selling expenses Administrative e
Kaylis [27]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Direct materials= 33,000

Direct labor= 13,000

Manufacturing overhead= 23,000

The prime cost is the sum of total direct material and total direct labor. The conversion cost is the sum of direct labor and allocated overhead.

Prime cost= direct material + direct labor

Prime cost= 33,000 + 13,000= $46,000

6 0
3 years ago
On the one hand, a gerund is a verb that acts as a noun, know for the -ing form. On the other hand, an infinitive is the basic f
slavikrds [6]

Answer:

To give is one of the best thing which people do. Volunteering the time show that they are caring people.

Explanation:

The ing form is considered as forth form of verb which acts as noun. The first form of verb is used for present tense normally with to. The first form of verb is basic form of verb used for describing an action. It is infinitive form of verb used before the word to.

6 0
3 years ago
The pursuit of an activity for an outcome that is separate from the person is called
Masteriza [31]
A pursuit of an exercise for an outcome that is separate from the person is called extrinsic motivation.
EM refers to an action that is induced by external rewards such as money, fame, grades, and praise. This type of motivation appears from outside the individual, as aversed to intrinsic motivation.
3 0
3 years ago
What steps should e taken if the results do not support the hypothesis?
lys-0071 [83]
More information please
6 0
3 years ago
Although humans made stone tools for 200,000 years the most sophisticated form and last complete stone tool kit is the ________,
Margarita [4]

Although humans made stone tools for 200,000 years the most sophisticated form and last complete stone tool kit is the <u>crude stone tools </u>represented by: the awl, atlatl and bow & arrow.

<h3 /><h3>What were crude stone tool?</h3>

Any tool that is partially or totally fashioned out of stone is considered a stone tool in the broadest definition. Even if there are still societies and cultures that rely on stone tools, most of them are related to extinct prehistoric (especially Stone Age) cultures.

Archaeologists frequently research these prehistoric societies, and the examination of stone tools is known as lithic analysis. To deepen our understanding of the cultural ramifications of stone tool use and production, ethnoarchaeology has been a useful research field.

Arrowheads, spearheads, hand axes, and querns are just a few examples of the numerous tools made from stone throughout history. Stone can be ground into tools or it can be shaped by a flintknapper into knapped implements.

Learn more about stone tool

brainly.com/question/1446731

#SPJ4

8 0
2 years ago
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