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ANTONII [103]
3 years ago
13

Stoneheart Group is expected to pay a dividend of $3.27 next year. The company's dividend growth rate is expected to be 3.4 perc

ent indefinitely and investors require a return of 12.2 percent on the company's stock. What is the stock price
Business
1 answer:
shepuryov [24]3 years ago
7 0

Answer:

The stock price is $37.16

Explanation:

Dividend Valuation method is used to value the stock price of a company based on the dividend paid, its growth rate and rate of return. The price is calculated by calculating present value of future dividend payment.

Formula to calculate the value of stock

Price = Dividend / ( Rate or return - growth rate )

Price = $3.27 / ( 12.2% - 3.4% )

Price = $3.27 / 12.2% - 3.4%

Price = $3.27 / 8.8%

Price = $37.16

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Rashan's family is always telling him he's worthless and will never be successful at anything he does. Eventually, he reaches a
Ivenika [448]

Answer:

Self-esteem

Explanation:

Self-esteem is a person's evaluation of their worth. This evaluation is subjective as it may not be based on reality. Self-esteem is influenced by one's environment including peer groups, family, and coworkers.

Self-esteem induces the following feelings: shame, despair, pride, and triumph. It determines if a person likes themselves or not. People with high self-esteem are happy and comfortable with themselves, while those with low self-esteem are often depressed.

Rashan's self-esteem has gone low as he now believes what his family is telling him. That he is worthless.

7 0
4 years ago
Kline Company refinanced current debt as long-term debt on January 5, 2019. Kline's fiscal year ended on December 31, 2018, and
nasty-shy [4]

Answer:

C.

Explanation:

As a current liability.  Are obligations of the company that are expected to get paid whitin the period of one year and include liabilities such as Accounts payable, short term loans, bank overdraft, interest payable and the other liabilities of the company that are current.

5 0
3 years ago
Fran wants to hire a diverse group of capable people to work at her brand new fitness studios. Unfortunately, many of the applic
Strike441 [17]

Answer:

use a combination of tests measuring both cognitive abilities and non-cognitive traits such as emotional intelligence and personality

Explanation:

In the given scenario many of the applicants Fran perceives as having good emotional intelligence and agreeable personalities (a plus for a fitness studio), do not score well on the cognitive ability test.

Since she wants people that have non-cognitive traits such as emotional intelligence and personality, and also good cognitive abilities.

She will need to use a combination of tests measuring both cognitive abilities and non-cognitive.

8 0
3 years ago
Louis purchased $5,000 worth of stock three years ago and sold it today for $7,000. He received no dividends from this investmen
scZoUnD [109]

Answer:

9.33%

Explanation:

Calculation to determine his annualized real rate of return on this investment

Annualized real rate of return=[($7,000-$5,000/ ($5000*3) *100] -4%

Annualized real rate of return=13.33%-4%

Annualized real rate of return = 9.33%

Therefore his annualized real rate of return on this investment will be 9.33%

5 0
3 years ago
Aegis Industries Inc., is the biggest snowmobile manufacturer in the world. It reported the following amounts in its financial s
Anettt [7]

Answer:

The calculations are shown below:

Explanation:

The computation is shown below:

As we know that

Inventory turnover ratio is

= Cost of goods sold ÷ Average inventory

So

For year 2015, it is

= $1,270 ÷ $210

= 6.05 times

For year 2014, it is

= $1,560 ÷ $220

= 7.09 times

For year 2013, it is

= $2,000 ÷ $380

= 7.14 times

1-b Average days to sell inventory is computed by considering the

= Total number of days in a year ÷ inventory turnover ratio

So

For year 2015, it is

= 365 ÷ 6.05

= 60.33 days

For year 2014, it is

= 365 ÷ 7.09

= 51.48 days

For year 2013, it is

= 365 ÷ 7.14

= 51.12 days

2. As we can see that the aegis industries inc is performing better than the Snow Pack Corporation as aegis industries has 7.14 times in 2015 as compare to the 5.5 times in 2015  

7 0
4 years ago
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