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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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On May 1, your firm had a beginning cash balance of $175. Your sales for April were $430 and your May sales were $480. During Ma
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Answer:

Begininig cash balance June 1 205

Explanation:

Sales April 430

Sales May 480

 

Begininig cash balance May 1 175

Cash expenses                        -110

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Sales april                                 430

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8 0
3 years ago
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Sometimes you find yourself getting off-task because your boss keeps piling on the work, and you aren't sure what to prioritize.
Reptile [31]

Answer:

B. ask you boss which stuff takes priority and then make a list to remember.

Explanation:

8 0
3 years ago
Harvey Automobiles uses a standard part in the manufacture of several of its trucks. The cost of producing 60 comma 000 parts is
Fittoniya [83]

Answer:

$69,000

Explanation:

The computation of the operating income would be shown below:

= Buying cost - making cost

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= $180,000

And, the making cost would be

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= $90,000 + $70,000 × 30%

= $90,000 + $21,000

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7 0
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Direct Materials Purchases Budget
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Answer:

Since there is not enough room here, I prepared an excel spreadsheet

Explanation:

Download pdf
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You have been asked to analyze the bids for 200 polished disks used in solar panels. These bids have been submitted by three​ su
katrin [286]

Answer:

the price per unit is $1.20

Explanation:

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The same should be considered

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3 years ago
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