Answer:
BenchMark, Inc.
The current share price for the stock is:
$43.13
Explanation:
Dividend per share = $3.45
Growth rate = 5%
Investors' required rate of return = 13%
Stock value = Dividend per share / (Required Rate of Return – Dividend Growth Rate)
= $3.45/(0.13 - 0.05)
= $43.13
b) To determine BenchMark, Inc.'s current share price divide the dividend per share by the required rate of return after subtracting the growth rate from the required rate of return.
Answer:
Option A. The two-way flow of communication between a buyer and seller, often in a face-to-face encounter, designed to influence a person’s or group’s purchase decision.
Explanation:
The reason is that the personal selling is the face to face selling which means two way flow of communication is necessary. The seller will use his marketing exprience to influence the buyer which results in greater sales and customer satisfaction. So it is the face to face selling method which most of the companies opt and this way of selling is known as personal selling.
Answer:
$84,150
Explanation:
Given that
Sale amount = $85,000
Terms = 1% discount is given it payment is made within 15 days and the total credit period allowed is 30 days
The computation of the amount of account receivable that should be recorded is shown below:
= Sale amount - sale amount × discount rate given
= $85,000 - $85,000 × 1%
= $85,000 - $850
= $84,150
Simply we deduct the discount period from the sales amount so that the accurate value could come
Answer:
$7,081.25
Explanation:
Face value = 5000
Coupon = 15% paid annually. Semi annual payment = 750/2 = 375
Time to maturity = 18 years
Interest rate = 10% compounded semi-annually
P = 375(P|A, 5%, 36) + 5000(P|F, 5%, 36)
P = 375(16.58131488) + 5000(0.17265193)
P = 6217.99308 + 863.25965
P = 7081.25273
P = $7,081.25
So, the present worth of one bond today is $7,081.25
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