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ch4aika [34]
3 years ago
14

Suppose NoGro, Inc. has just issued a dividend of $2.90 per share. Subsequent dividends will remain at $2.90 indefinitely. Retur

ns on the stock of firms like NoGro are currently running 15%. What is the value of one share of stock?
Business
1 answer:
ira [324]3 years ago
5 0

Answer:

Value of one share will be $19.33

Explanation:

We have given dividend every year = $2.90

Required rate of return = 15 %

We have to find the value of one share

Value of one share will be equal to ratio of dividend per year to the required rate of return

So value of one share =\frac{2.90}{0.15}=19.13

So value of one share will be $19.33

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When housing prices ________ as they did beginning in 2006 following the housing market bubble, most banks and other lenders tig
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Answer:

"Fell" "Harder"

Explanation:

When housing prices fell as they did beginning in 2006 following the housing market bubble, most banks and other lenders tightened the requirement for borrowers, making it harder for potential home buyers to obtain mortgages.

6 0
3 years ago
Which of the following accurately describes the effect target costing has on the manufacturing design function? Select one: A. T
UkoKoshka [18]

Answer:

B. Target costing forces design engineers to explicitly consider the costs of manufacturing and other aspects of business that traditionally fall outside the engineering department

Explanation:

Target costing needs the design engineers to be active in meeting their customers projection, but it must be inside the target cost requirements. Engineers can not afford to just have their attention on the function and form of design, they must also observe cost under Target costing.

5 0
3 years ago
What is the One Club? They asked me this on my homework assignment.
BaLLatris [955]

Answer:

<h3>The One Club is an American non-profit organization that recognizes and promotes excellence in advertising. Founded in New York City as The One Club for Art & Copy, The One Club produces four annual award competitions: One Show, One Show Design, One Show Interactive and One Show Entertainment.</h3>
7 0
3 years ago
Most consumer protection statutes praise and protect unconscionable contracts and contracts of adhesion.
Mariana [72]

The statement " Most consumer protection statutes praise and protect unconscionable contracts and contracts of adhesion" is true.

<h3>What consumer protection?</h3>

Consumer protection can be defined as the way of protecting consumer or buyers against trade practice that is unjust.

Hence, the statement is correct because consumer protection help to praise and as well safeguard unconscionable contracts and contracts of adhesion.

Learn more about Consumer protection here:brainly.com/question/14952903

#SPJ1

4 0
2 years ago
Select the statement about founders that is not true:_______.
Ivenika [448]

Answer:

<u>4. Founders in their 20s succeed at a higher rate than founders in their forties</u>

Explanation:

There's is no evidence or statistical data which validates this statement. Consider, we have many company founders who were in their forties, and they were able to their companies successfully.

For example, we have founders like;

  • Sam Walton, the founder of <u>Wal-Mart</u>
  • Arianna Huffington, the founder of<u> The Huffington Post</u>

All of the above were in their forties but succeeded in their companies.

7 0
3 years ago
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