Answer:
Market price of the stock = $13.54
Explanation:
given data
annual dividend D = $1.47
planning on paying P1 = $1.52
planning on paying P2 = $1.58
planning on paying P3 = $1.60
constant dividend D1 = $1.65
market rate of return r = 12 percent
to find out
market price of this stock
solution
we get here Market price of the stock that is express as
Market price of the stock = PV(Dividends) + PV(Horizon Value)
Market price of the stock = ................1
put here value we get
Market price of the stock =
Market price of the stock = $13.5425
Answer:
a. A monopoly involves a one market or a few major firms.
b. The monopolist can charge any price she wishes and still operate at maximum profit.
d. The monopolist is a "price taker." The monopoly is normally a huge firm such as Wal-mart.
Explanation:
- The market structure of monopoly is characterized by profit maximization, higher barriers to entry, price makers i.e they decide the price of the goods to be sold in the market. Thus create price discrimination and the existence of a single seller.
- Sources of monopoly power are economies of scale, economic barriers, legal barriers, and non-substitutable goods.
Answer:
The correct answer to the following question is option A) Discretionary accruals are items that management has full control over .
Explanation:
Non discretionary accruals can be described as those expenses ( that are obligatory in nature ) which are yet to be realized by the company but such expenses are already recorded in the books of accounts . Examples of such expenses can be like employees next month salaries.
Discretionary accruals can be described as those expenses ( that are non obligatory in nature ) which are yet to be realized by the company but such expenses are already recorded in the books of accounts . Example of such expenses are bonuses for the employees . These are such expenses on which management has full control ,as it not an obligation for a company to incurred such expenses.
Answer:
The answer is "Whenever a court requires him to use the res ipsa loquitur doctrine, he possibly would succeed".
Explanation:
Res ipsa loquitur is also an English common law doctrine which claims in an action for tort, throughout the absence of direct proof on whether any defendant acted, a jury may conclude neglect of the nature of an illness or incident. It is used in circumstances in which the complainant is not presented sufficient proof that the offender is not liable.