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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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Direct Materials, Direct Labor, and Factory Overhead identify the following costs as direct materials, direct labor, or factory
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a. Staples used to bind magazines - <u><em>Direct Material</em></u>

The staples are integral to holding the magazines so is a direct material.

b. Wages of printing machine employees. - <em><u>Direct Labor</u></em>

The printing machine employees are directly related to the magazine's production as they print it.

c. Maintenance on printing machines. -<em><u> Factory Overhead</u></em>

This cost is not directly associated with the publishing of the magazine so is an overhead.

d. Paper used in the magazine. -<em><u>Direct Material</u></em>

Without paper, the magazine can not be published which makes it a direct material.

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3 years ago
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posledela
The danger temperature zone is a range between 40°F and 140°F. My guess would be 41°F
6 0
4 years ago
On October 31, 2015, the bank statement shows that your company has $14,856.73 in its checking account. You are aware of three o
liraira [26]

Answer:

A) $11,023.73.

Explanation:

The computation of the cash balance is shown below:

= Bank statement balance - outstanding checks + bank rejected two deposit checks

= $14,856.73 - $4,962.19 + $1,129.19

= $11,023.73

For determining the cash balance we simply deducted the outstanding checks and deducted the deposit checks so that the accurate amount could come

7 0
4 years ago
Xi-ling has a net income that is 5% of her monthly salary of $2,315. Xi-ling would like to keep a net income of $50 and put any
vivado [14]

Xi-Ling focussed on her debt management by setting aside a part of net income in paying down the debts. The amount that Xi-Ling put towards the debt is $65.75.

<h3>What is Debt Management?</h3>

Debt management is a tool that facilitates keeping the debt under control through planning and budgeting. It helps in clearing the problem of debt at an affordable pace.

Xi-Ling has a monthly salary of $2,315 out of which 5% is her net income. The net income therefore is:

\begin{aligned} \rm Net \:Income &=\rm Salary \times 5\%\\\\&= \$2,315 \times 5\%\\\\&= \$115.75\end

Out of the net income of $115.75, she keeps aside $50 and uses the rest in paying down her debts. Therefore, the amount used for debts is:

\begin{aligned} \rm Amount\:used\:in\:paying\:debts &= \$115.75 -\$50\\\\&= \$65.75\end

Hence the amount Xi- Ling put towards paying down the debts is $65.75.

Learn more about debt management here:

brainly.com/question/7924883

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