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insens350 [35]
3 years ago
6

Lotsa Lenses paid a dividend of $1.17 last year and plans a dividend growth rate of 3.70% indefinitely. Lotsa’s stock price is n

ow $14.44. What return can Lotsa Lenses’ investors expect on their stock?
Business
1 answer:
Hatshy [7]3 years ago
6 0

Answer:

12.10%

Explanation:

Given that,

Dividend paid last year = $1.17

Dividend growth rate = 3.70%

Stock price = $14.44

Dividend for the next period:

= Dividend paid last year × (1 + Dividend growth rate)

= $1.17 × (1 + 0.037)

= $1.17 × 1.037

= $1.21329

Return expected:

= (Dividend for the next period ÷ Current price) + Growth rate

= ($1.21329 ÷ $14.44) + 0.037

= 0.0840 + 0.0370

= 8.40% + 3.70%

= 12.10% (Approximately)

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5 0
3 years ago
All of the following are documents used for inventory control except:______.
damaskus [11]

Answer:

c. a petty cash voucher.

Explanation:

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2.  Vendor invoice

3. Receiving report

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8 0
3 years ago
When it comes to credit cards, what does prepaid mean?
stiv31 [10]
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8 0
3 years ago
Decision Point: Considering Alternatives Because of your inexperience, you don't know how many alternatives should be considered
Ber [7]

Answer:

The answer is stated below:

Explanation:

Select a limited number of alternatives to consider: For example, considering the top 3 alternative suppliers.

Then generate or create a list of as many as possible of alternative suppliers.

Rely on the gut in order to make a decision regarding the right number of alternatives when you feel the time is right.

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5 0
4 years ago
Wilderness Fanatic, a manufacturer of outdoor goods, is willing to supply 1000 of its Blue Thrash tandem kayaks when the price p
liraira [26]

1) let P represent Price, and since the dependency is linear, the supply equation will take the following form:

A) Y- Y_{1\\} =  (\frac{Y_{1} -Y_{2} }{P_{1} -P_{2} } ) (P_{1} -P_{2} )

⇒ Y - 1,000 = (\frac{-250}{-100} ) (P-690)

⇒ Y - 1,000 = \frac{5}{2} (P-690) = (\frac{5}{2})P - 345

⇒ Y = (\frac{5}{2})P + 1,000- 345

⇒ Y = (\frac{5}{2})P + 655, therefore,

P = (\frac{2}{5}) (Y-655)

B) When Y = 1,130, the price would be:

⇒P =   \frac{2}{5} (1,130 - 655)

⇒ P =  \frac{2}{5} (485)

Therefore:

P = $194


See the link below for more supply related questions:
brainly.com/question/2822773

 

5 0
2 years ago
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