1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ket [755]
3 years ago
5

Kelly Enterprises' stock currently sells for $35.25 per share. The dividend is projected to increase at a constant rate of 4.75%

per year. The required rate of return on the stock, r s, is 11.50%. What is the stock's expected price 5 years from now?
Business
1 answer:
Murrr4er [49]3 years ago
4 0

Answer:

$44.46

Explanation:

The Price of Kelly Enterprises stock after five years can be determined through below mentioned formula:

F=P(1+g)^n

In this question:

F=Price of Kelly Enterprises' stock after five years

P=Current price of Kelly Enterprises' stock=$35.25

g=growth rate=4.75%

n=Years involved=five years

F=35.25(1+4.75%)^5

F=$44.46

You might be interested in
Which of the following is true? Overhead costs are often affected by many issues and are frequently too complex to be explained
11111nata11111 [884]

Answer:

Overhead costs are often affected by many issues and are frequently too complex to be explained by any one factor.

Explanation:

An overhead cost is not directly defined, to be that of material, or labor, or any other unit, overhead include, many factors, electricity usage, machine hours usage, water usage, or the capacity utilization of machinery, and various other factors. Since its computation and allocation is not clear many a times, a single overhead like that of electricity, has many factors, ideal usage of electricity, or machine hours used in production or simply the total cost of overheads for that month or building or etc: and its utilization. In short, to conclude we can state that overhead costs are complex in nature.

All other options are false.

Final Answer

Overhead costs are often affected by many issues and are frequently too complex to be explained by any one factor.

8 0
2 years ago
Due to scarce resources, every individual, whether rich or poor, faces a(n)cost when choosing to produce or consume more of one
prisoha [69]

Due to scarce resources, every individual, whether rich or poor, faces an opportunity cost when choosing to produce or consume more of one good over another.

<h3>What is the problem with scarce resources?</h3>

The gap between scarce resources and hypothetically unbounded needs is referred to as scarcity and is a fundamental economic issue. In order to meet both basic necessities and as many additional wants as feasible, people must decide how to spend resources effectively.

The value of the best option foregone is the opportunity cost of a decision. The state of not being able to obtain all the commodities and services one desires is known as scarcity. It exists because there are more commodities and services that people demand than can be produced with all of the available resources.

Learn more about Opportunity costs here:

brainly.com/question/13036997

#SPJ4

7 0
1 year ago
job ________ involves division of an organization’s work among its employees and application of motivational theories to jobs to
blondinia [14]
Job design. Hope this helps!!
5 0
3 years ago
A. Money taken from your gross pay that you have no control over
zloy xaker [14]
1. Gross income - h. Total income before any deductions are taken

2. Net income - f. Take–home pay

3. Voluntary salary deduction - j. Money you have given

4. Involuntary salary deduction - a. Money taken from your gross pay that you have no control over

5. Fixed expenses - e. Expenditures that are constant from one time period to another

6. Discretionary spending  - b. Expenditures that are under your control

7. Fixed income - i. Income that does not vary from one time period to another

8. Principal - d. The initial amount of money that was invested or borrowed

9. Salaried employee - g. Someone who receives a regular salary for employment

10. Insolvent - c. Unable to discharge liabilities or repay debts
4 0
3 years ago
Bengal Co. provides the following sales forecast for the next three months: July August September Sales units 5,000 5,700 5,560
nydimaria [60]

Answer:

Total production= 5,840 units

Explanation:

Giving the following information:

Sales in units:

July= 5,000

August= 5,700

September= 5,560

The company wants to end each month with ending finished goods inventory equal to 25% of the next month's sales. The finished goods inventory on June 30 is 1,250 units.

To determine the production for August, we need to use the following structure:

Production budget:

Sales= 5,700

Desired ending inventory= (5,560*0.25)= 1,390

Beginning inventory= (1,250)

Total production= 5,840 units

7 0
3 years ago
Other questions:
  • Change agentry may be an especially useful technique for
    11·1 answer
  • A Nike women's-only store in California offers women's running, training, and sportswear products and also contains an in-store
    14·1 answer
  • Which of the following is a claim against sporting goods giants such as Adidas, Puma, and Nike and the conditions in their inter
    12·1 answer
  • When generating a globalized marketing plan, a Japanese company called Trusco decided to implement a localization strategy when
    9·1 answer
  • Which of the following statements is correct? Managers will be more likely to pursue projects that will benefit the entire compa
    5·1 answer
  • Hot Wings, Inc., has an odd dividend policy. The company has just paid a dividend of $5.85 per share and has announced that it w
    14·2 answers
  • Mary and Kay, Inc., a distributor of cosmetics throughout Florida, is in the process of assembling a cash budget for the first q
    12·1 answer
  • Calaveras Tire exchanged equipment for two pickup trucks. The book value and fair value of the equipment given up were $40,000 (
    9·1 answer
  • Explain consumptions of the principal of absolute advantage​
    14·1 answer
  • Nellie recently sold her old laptop directly to a student from different country using an e-commerce website. the website she us
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!