Human services can best be defined or described as ____

Discount-Mart (see Problem 16.8), as part of its new Lean program, has signed a long-term contract with Specialty Lighting and w

Katena32 [7]

Answer:

Please see attachment

Explanation:

Please see attachment

5 0

3 years ago

The Pet Company has recently discovered a type of rock which, when crushed, is extremely absorbent. It is expected that the firm

vladimir2022 [97]

Answer:

$70.26

Explanation:

Dividend payout ratio = Dividend per share / Earning per share

r = cost of equity = 10%, or 0.10

Discounting factor = 1 /(1 + r)^n

n = year

a. For during the rapid growth period

Dividend payout ratio = 20%, or 0.20

Growth rate = 20%, or 0.20

Earnings per share in year 1 = Last year's earnings per share * (1 + Growth rate) = $2 * (1 + 0.20) = $2.40 per share

Dividend per share in year 1 = Dividend payout ratio * Earning per share in year 1 = 0.20 * $2.40 = $0.48 per share

PV of year 1 dividend per share = $0.48 * (1/1.10^1) = $0.436363636363636

Earnings per share in year 2 = Earnings per share in year 1 * (1 + Growth rate) = $2.40 * (1 + 0.20) = $2.88 per share

Dividend per share in year 2 = Dividend payout ratio * Earning per share in year 2 = 0.20 * $2.88 = $0.5760 per share

PV of year 2 dividend per share = $0.5760 * (1/1.10^2) = $ 0.47603305785124

Earnings per share in year 3 = Earnings per share in year 2 * (1 + Growth rate) = $2.88 * (1 + 0.20) = $3.4560 per share

Dividend per share in year 3 = Dividend payout ratio * Earning per share in year 3 = 0.20 * $3.4560 = $0.6912 per share

PV of year 3 dividend per share = $0.6912 * (1/1.10^3) = $0.51930879038317

b. For during the slow growth period

Dividend payout ratio = 50%, or 0.50

Growth rate = 8%, or 0.08

Earnings per share in year 4 = Earnings per share in year 3 * (1 + Growth rate during slow growth) = $3.4560 * (1 + 0.08) = $3.73248

Dividend per share in year 4 = Dividend payout ratio * Earning per share in year 4 = 0.50 * $3.73248 = $1.86624 per share

Dividend per share in year 5 = Dividend per share in year 4 * (1 + Growth rate during slow growth) = $1.86624 * (1 + 0.08) = $2.0155392

Stock price in year 4 = Dividend per share in year 5 / (r - Growth rate during slow growth) = $2.0155392 / (0.10 - 0.08) = $100.77696

PV of stock price in year 4 = $100.77696 * (1/1.10^4) = 68.8320196707875

c. Calculation of the current price of the common stock

Current price of the common stock = PV of year 1 dividend per share + PV of year 2 dividend per share + PV of year 3 dividend per share + PV of stock price in year 4 = $0.436363636363636 + $0.47603305785124 + $0.51930879038317 + $68.8320196707875 = $70.26

Therefore, the current price of the common stock is $70.26.

4 0

3 years ago

If Canadian Dollar (CAD) = 14.46 Mexican Peso (MXP) and 1 MXP = .07 CAD, how much would a Canadian tourist pay in CAD for a hote

disa [49]

Answer:

A. 70

Explanation:

1000/0.07=70

6 0

3 years ago

An owner had a profit margin of 50,000 last year. She expects to recieve 1,168,000 from sponsorships this year with no additiona

FromTheMoon [43]

1168000 + 50000 = 1218000
1218000 will be his estimated profit margin for the upcoming year.

I hope it helped you!

7 0

3 years ago

"Martha owns a chocolate factory where each chocolate treat is made by hand. Her assistant Daniel feels that the rate of product

Daniel [21]

Answer:

b) Initiator

Explanation:

As Martha owns a chocolate factory where each chocolate treat is made by hand. Her assistant Daniel feels that the rate of production can be dramatically increased if the company switched to an automated assembly line to manufacture the chocolates. When he proposes this idea to Martha, she agrees and begins evaluating different vendors who might provide the equipment to the company. Daniel has performed the role of initiator in this purchasing process. In purchasing process, there are many people involved:

Initiator - Influencer - Decider - Buyer - User

Initiator starts the idea, presents the idea of buying something which then is influenced and enhanced by the influencer, and then actual decider decides the buying product and is being bought then and further used by someone. These all persons can be the same person and or either one single person can perform all of these roles but here in this case Daniel has performed the role of initiator as he has given the advise of automation to Martha.

5 0

2 years ago

Human services can best be defined or described as _____.