Answer:
Chittenden enterprises' share price will be $16.167.
Explanation:
Chittenden Enterprises has 600 million outstanding shares.
The expected earnings at the end of the year are $970 million.
The equity cost of capital is 8%.
The constant growth rate is 5%.
Next year's dividend per share
=30%*$970 million/600 million
=$291 million/600 million
=$0.485/share
Share Price
= Dividend next year
/(Cost of Equity
-Constant growth rate
)
=$0.485/(8%- 5%)
=$16.167
Answer:
<u>single-segment concentration.</u>
Explanation:
<em>Single-segment concentration</em> occurs when the company concentrates its operational, productive, marketing and sales efforts to serve a single market segment.
Advantages of this model include enhancing the effectiveness of concentrated marketing, which helps the organization achieve activity specialization, which increases the possibility of becoming a market leader and achieving a high return on investment.
Answer:
The best reason is that; He wants the audience to feel William Kamkwamba is speaking directly to them.
Explanation:
