Answer:
From the calculation below Up-Towne Movers just paid a dividend of $3.13
Explanation:
The price of share=D1/r-g
The Do is the dividend just paid which is the unknown in the equation
g is the dividend growth rate of 4.3%
r is the required return of 11.1%
The share price is $46.00
$46=Do/(11.1%-4.3%)
46=Do/0.068
by cross-multiplication the equation becomes
$46*0.068
=Do
Do=$46*0.068
Do=$3.13
The dividend just paid by Up-Towne Movers is $3.13 as calculated above from the share price equation
It should be noted that bondholders offset the effects of selfish strategies that are implemented by shareholders by A. increasing the interest rate on monies loaned to the firm.
A bondholder simply means an individual that's owning a bond that was issued by the government or a public company.
The effects of selfish strategies that are implemented by shareholders are offset by increasing the interest rate on monies loaned to the firm.
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Answer:
B
Explanation:
when she is talking over the slides, some people are not good multi-taskers and want to listen to the more interesting thing, which is the audio.
Answer:
The Legume Division's net operating income last year was d. $45,000
Explanation:
Turnover (on operating assets) = Total Sales/ Operating assets
From the formula,
Operating assets = Total Sales/Turnover (on operating assets) = $900,000/3 = $300,000
Return on investment (ROI) is calculated by using following formula:
ROI = Net income/Total investment
Net Income = ROI x Total investment
At the Legumes Division of Gervani Corporation, Total investment = Operating assets = $300,000
Net Income = 15% x $300,000 = $45,000
B. Evaluation
Evaluating means to systematically determine somethings merits and significance, including the seriousness or gravity of a problem.