1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fiesta28 [93]
3 years ago
14

High valley antiques would like to issue new equity shares if its cost of equity declines to 10.5 percent. the company pays a co

nstant annual dividend of $1.60 per share. what does the market price of the stock need to be for the firm to issue the new shares
Business
1 answer:
True [87]3 years ago
8 0

The price of the share would be calculated as -

Price of share = Annual constant dividend / Cost of equity

Given, cost of equity = 10.5 %

Annual constant dividend = $ 1.60

Price of share = $ 1.60 ÷ 10.50 %

Price of share = $ 15.238 or $ 15.24

You might be interested in
Your company has total wages of $321,000. Your revenue is $976,000. You have just read an industry journal that suggests that wa
VMariaS [17]
The wages are quite a bit higher than industry standard. It's about 33% which is 8% higher.

7 0
3 years ago
The Walton family got a great deal on their new home. They bought it for $101,295, and it appraised at $187,000 in a region wher
Vesna [10]

The assessed value of their new home is $46,750.

<h3>Assessed value</h3>

Using this formula

Assessed value=Appraisal amount× Assessment ratio

Where:

Appraisal amount=-$187,000

Assessment ratio=25%

Let plug in the formula

Assessed value=$187,000 × 0.25

Assessed value = $46,750

Learn more about Assessed value here:brainly.com/question/5428406

#SPJ1

7 0
1 year ago
Why is it important to look at external sources of information when exploring product and service information?
kolbaska11 [484]

Internal data is from within the company, like operations and sales figures. External data comes from looking at the market, such as consumer trends, and marketing research. It is important to consider external data because it gives companies a better picture of their customers and competitors.

5 0
3 years ago
Cedar Designs Company, a custom cabinet manufacturing company, is setting standard costs for one of its products. The main mater
Anna007 [38]

Answer:

$29.00

Explanation:

Direct labor time standard consists of basic time plus allowance for breaks, downtime and rejections.

The direct labor standard cost per hour will be a combination of all factors relating to labor:

Carpenters' wages are $20.00 per hour.

Payroll costs are .............$3.00 per hour,

and benefits are .............$6.00 per hour.

Standard labor cost IS..$29.00 per hour.

7 0
3 years ago
Explain different ways a company is applying management​
GREYUIT [131]

Explanation:

Organizational management is extremely important for conducting business. Managing is the process of measuring, monitoring, organizing, controlling and administering, through these variables it is possible for a company to know its strengths and weaknesses and coordinate them so that it has a greater chance of being competitive and profitable in the market.

Each organization can manage the business in different ways, this will depend on its objectives and organizational structure, the most important is that the management is aligned with a strategic planning that understands the objectives and goals of the organization so that it remains well positioned in the competitive market .

5 0
3 years ago
Other questions:
  • QUESTION 1 You should dress in the same business casual every day, even if you have important meetings or presentations. True Fa
    11·1 answer
  • A bag contains 10 marbles: 6 are green, 2 are red, and 2 are blue. Frank chooses a marble at random, and without putting it back
    14·2 answers
  • Bryant Company has a factory machine with a book value of $90,000 and a remaining useful life of 5 years. It can be sold for $30
    15·2 answers
  • Which career role in education and training does Cameron perform? Cameron works at a university. His main responsibility is to s
    6·1 answer
  • There is an inverse relationship between bonds' quality ratings and their required rates of return. Thus, the required return is
    15·1 answer
  • The growth of GDP may understate changes in the economy's economic well-being over time if the:
    13·2 answers
  • 8) This is the difference between how much money a business makes and how much it costs to make their goods.
    8·2 answers
  • Assume a firm's production process requires an average of 80 days to go from raw materials to finished products and another 40 d
    11·1 answer
  • Price Company provides cleaning services to customers for $10,000 cash. What are the effects of this transaction on the accounti
    11·1 answer
  • If the money multiplier is 3 and the fed wants to increase the money supply by $900,000, it could:.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!