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DanielleElmas [232]
3 years ago
5

The Impulse Shopper recently paid an annual dividend of $1.13 per share. The company just announced that it is suspending all di

vidend payments on its common stock for the next five years. After that, the company expects to pay $.50 a share at the end of each year. At a required return of 18 percent, what is this stock worth today?
Business
1 answer:
vivado [14]3 years ago
5 0

Answer:

Stock value today = $1.21

Explanation:

Current Dividend = D{_0} = $1.13

After 5 years that is D{_6} = $0.50

Since expected growth = 0

Therefore

P{_5} = D{_6} / Ke = 0.5/18% = $2.77

Its present value will be \frac{1}{(1 + 0.18){^5}} X 2.77 = $1.21

Stock value today = $1.21

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romanna [79]

Answer:

D) conformity

Explanation:

Based on the information provided with regards to the situation at hand it seems that Curtis is using the impression management technique known as conformity. This technique refers to the act of agreeing to another person's personal opinion in order to gain their trust or approval. Which is what Curtis is doing by agreeing to every one of the interviewers opinions or positions.

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3 0
3 years ago
Shauna Lewis Company expects the following for 2018​: times Net cash provided by operating activities of $ 140 comma 000. times
mihalych1998 [28]

Answer:

Explanation:

Net cash provided by operating activities 140,000

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3 0
3 years ago
Which of the following is NOT an element of the marketing mix?
frosja888 [35]

Answer: Option D

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3. Place

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5. Packaging

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THUS, DISTRIBUTION IS NOT ITS PART.

4 0
3 years ago
Nastasha has a gross income of $66,429. she can make adjustments of $14,490 for business losses, $3,584 for business expenses, a
babunello [35]
The answer to the question above is letter D. If Natasha has a gross income of $66,429. And has an adjustment of $14,490 for her business losses, $3,584 for her business expenses and $4,813 for her retirement contribution plan. The total remaining income is $43,542.
7 0
3 years ago
Gershwin Wallcovering Inc. shipped the wrong shade of paint to a customer. The customer agreed to keep the paint upon being offe
ratelena [41]

Answer:

B) Sales discounts.

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As the following transaction is already been recorded at the time of sale

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Sales account will not be debited to adjust the transaction. we will record this transaction in sales discount account which will ultimately adjusted.

4 0
4 years ago
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