Increased access to workplace tools and information means work hours may be more

Vinca Inc. has paid a dividend of $1.2 a share last year. Yesterday, the firm announced that the dividend will increase by 10 pe

shtirl [24]

Answer:

option (d) $18.24

Explanation:

Data provided in the question:

Dividend paid last year = $1.2

Dividend growth rate for 3 years, g = 10%

After 3 years Dividend growth rate, g' = 4%

Required return, r = 12%

Now,

Present vale factor, PVF = $\frac{1}{(1+i)^n)}$

Year Dividend PVF @12% Dividend × PVF

1 1.2(1+.10)= 1.32 0.89286 1.1786

2 1.32(1+.10)= 1.452 0.79719 1.1575

3 1.452(1+.10)= 1.5972 0.71178 1.1369

3(Terminal value) 20.7636 0.71178 14.7791

=====================================================

Current share price ∑(Dividend × PVF ) ≈ $18.24

Note:

Terminal value at year 3 = $\frac{D3(1+g')}{(r-g')}$

= $\frac{\$1.5972(1+0.04)}{(0.12-0.04)}$

= $20.7636

Hence,

The correct answer is option (d) $18.24

5 0

3 years ago

Select the correct answer. Kendra is introducing a new range of products in a display at the store where she is the manager. She

velikii [3]

<h2>(D.), organize an in-store event.</h2>

4 0

3 years ago

Hebron organizes theatrical performances in his neighborhood every weekend and also holds training classes for those who are int

Basile [38]

Answer: Mental stimulus processing

Explanation:

The mental stimulus processing is one of the type of intangible action which is typically control by the different types of minds of people and the these action are manage on the basis of the given assets and the customer requirement.

According to the given question, Herbon is organizing the theatrical performance in the society and also managing the training class of the theater and arts performance.

The Hebron is basically offering the various types of services on the basis of the category of mental stimulus processing such as consulting. Therefore, Mental stimulus processing is the correct answer.

4 0

3 years ago

Summit Apparel has the following accounts at December 31: Common Stock, $1 par value, 1,800,000 shares issued; Additional Paid-i

Fittoniya [83]

Answer:

Total Stockholder's Equity is $26,276,000.

Explanation:

Stockholders’ equity section of the balance sheet

Common Stock @ $1 $1,800,000

Additional Paid-in Capital, $1,6200,000

Retained Earnings, $9200,000

Less: Treasury Stock <u>$924,000</u>

Total Shareholders Equity $26,276,000

As treasury stock is the contra equity account so its value will be deducted from equity. So total Stockholder's Equity is $26,276,000.

6 0

4 years ago

In building a sustainable organization, management should strive to make the organization sustainable in three areas ? ________.

DochEvi [55]

The three areas are; "the economy, the environment, and society".

Sustainability organizations are composed of groups of individuals that plan to propel sustainability or potentially those activities of sorting out something economically. Dissimilar to numerous business associations, sustainability associations are not restricted to actualizing sustainability methodologies which furnish them with financial and social advantages accomplished through ecological duty. For these associations or organizations, sustainability can likewise be an end in itself without additional explanations.

5 0

3 years ago

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