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Vadim26 [7]
3 years ago
13

Three Corners Markets paid an annual dividend of $1.42 a share last month. Today, the company announced that future dividends wi

ll be increasing by 1.3 percent annually. If you require a return of 14.6 percent, how much are you willing to pay to purchase one share of this stock today?
A) $10.68
B) $10.82
C) $9.68
D) $11.23
E) $11.57
Business
1 answer:
miv72 [106K]3 years ago
8 0

Answer:

$10.82

Explanation:

The computation of one share of stock is shown below:-

Expected dividend = Annual dividend × (1 + Growth rate)

= $1.42 × (1 + 1.3%)

= $1.42 × 1.013

= $1.44

Stock value = Expected dividend ÷ (Required return - Growth rate)

= $1.44 ÷ (14.6% - 1.3%)

= $1.44 ÷ 13.30%

=  $10.82

Therefore for computing the stock value we simply applied the above formula.

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Blue ace autos inc. and ferdova autos inc. are two competing automobile companies. while blue ace autos' cost of goods sold/reve
Galina-37 [17]
Given:
Blue Ace Autos Inc: cost of goods sold / revenue = 63.4%
Ferdova Autos Inc.: cost of goods sold / revenue = 54.2%

The percentage rate represents the part of the revenue that the cost of goods sold is a part of. This means that the revenue is 100%. The difference of the revenue and cost of good sold is the profit. The higher the percentage of the profit, the better.

Blue Ace Autos Inc: 100% - 63.4% = 36.6%
Ferdova Autos Inc: 100% - 54.2% = 45.8%

Ferdova Autos Inc. earn a higher profit (45.8% of revenue) than Blue Ace Autos Inc (36.6% of revenue).
7 0
3 years ago
A(n) , or trading bloc, is a regional group of countries with a common external tariff, no internal tariffs, and coordinated law
taurus [48]

A common market, also known as a trade bloc, refers to a group of countries that have a common external tariff, to favor both in different areas, such as social and economic.

<h3 /><h3>Common market definition</h3>

It is necessary that some requirements are satisfied so that there is a common market between countries, which are, the elimination of tariffs on the import and export of goods and services.

There is also the free movement of goods, capital, services and labor between member countries, as well as the common adoption of trade restrictions to countries outside the group. An example of a common market is the European Union.

Therefore, the common market or trading bloc corresponds to a formal agreement between countries generating greater efficiency, economies of scale, increased innovation and the capacity for economic growth.

The correct answer is:

  • Common market

Find out more information about common market here:

brainly.com/question/757709

5 0
2 years ago
Knowing that a third party may use the information that Ray is providing, does Ray owe a duty of confidentiality to Onyx?
artcher [175]

Answer:

<em>B. Yes, although it may be breached in most states if there is a court order to do so.</em>

Explanation:

<em>Duty of confidentiality is a provision that has been put in place in most states, to enable clients open up freely if they need help. This allows professionals to take whatever actions necessary to carry out full service delivery when helping the client. </em>Some of these details include health status, a client-lawyer case story, a social media's access to users' personal details, etc. The law prohibits professionals from disclosing information made available to them by the client to a third party. This duty is held by many professional bodies like the medical body, legal body, among others. <em>This duty can be broken by law in situations where the client sues the professional, or when there is a legal court order to do so</em>.

3 0
3 years ago
What accounts for the increase in operating support when an independent business expands by becoming a franchisor?
Musya8 [376]

Answer:

hi

Explanation:

I don't know

sorry sorry sorry

3 0
2 years ago
According to the consumer decision process, after consumers recognize the need for a product, they then engage in:.
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Answer:

An information search.

What is information search?

is a stage in the Consumer Decision Process during which a consumer searches for internal or external information.

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2 years ago
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