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Amanda [17]
2 years ago
7

IBM expects to pay a dividend of $2 next year and expects these dividends to grow at 6​% a year. The price of IBM is $90 per sha

re. What is​ IBM's cost of equity​ capital?
Business
1 answer:
Elena-2011 [213]2 years ago
7 0

Answer:

Cost of equity = 8.22%

Explanation:

Cost of equity = Dividend per share /current market value + growth rate of dividend  

Cost of equity = 2/90 + 6%

Cost of equity = 0.0222 + 6%

Cost of equity =0.0222 + 0.06

Cost of equity = 0.0822

Cost of equity = 8.22%

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Stickley furniture
solniwko [45]

Answer:

1. Repetitive and continuous

2. Call

3. How, what, and when

4. Material problem

Explanation:

The work of Stickley furniture is described as repetitive and continuous. This is because, the company will continue to be producing the same kind of furniture continuous, This will be so because, furniture have a limited number of make. For example, furniture are chairs, tables, cabinet, stool and shelf. These things will be continually produced by the company.

The company will be able to keep track of job status and location through call.

Meanwhile, when the company received an order. The questions they will ask are, what type of furniture they want? When they want it?, How they want it delivered, is it in batches? Where they want it delivered?

7 0
3 years ago
On April 1, 2019, Sheffield Corp. purchased new machinery for $459000. The machinery has an estimated useful life of five years,
astra-53 [7]

Answer:

$275,400

Explanation:

Accumulated depreciation is the amount of depreciation which is accumulated against each years depreciation and carried until the disposal of the asset. This account will be closed on the disposal of the asset with cost of the asset.

Cost of Machinery = $459,000

Useful life = 5 years

In sum of the year method we add all the years and calculate the respective depreciation based on the year of depreciation as follow

Sum of Years = 5 + 4 + 3 + 2 + 1 = 15

As only only 2 years depreciation is accrued and accumulated from April 1, 2019 to March 31, 2021.

Accumulate depreciation = $459,000 x (5+4) / 15 = $275,400

3 0
3 years ago
Information you might study in a particular class is called (blank)
Blizzard [7]

Answer:

curriculum is the correct answer right no

7 0
2 years ago
Read 2 more answers
Barney takes his wife Betty to a Porsche dealership and tells her to pick out whichever car she wants as a birthday present. She
amid [387]

Answer:

The car should be given to Betty because Barney already have a contract with the dealer and he has stated explicitly in the terms to the contract that the car belongs to his wife. Porsche dealer should be prosecuted for breach of contract in the court of law.

Explanation:

8 0
3 years ago
__________is the ability to increase or decrease resources for any given workload. You can add additional resources to service a
dybincka [34]

Answer:

Scalability

Explanation:

Scalability is the ability to increase or decrease resources for any given workload.

  • When the resource is increased by the addition of more resources to service a workload, it is known as Scaling Out.
  • When the resource is decreased by the reduction of resources to service a reduced workload, it is known as Scaling In.
  • When additional capabilities is added to manage an increase in demand to the existing resource , it is referred to as Scaling Up.
  • Likewise, when capabilities is reduced to manage a decrease in demand to the existing resource , it is referred to as Scaling Down.

Scaling does not have to be done automatically.

4 0
2 years ago
Read 2 more answers
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