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sertanlavr [38]
3 years ago
13

Symon's Suppers Co. has announced that it will pay a dividend of $4.19 per share one year from today. Additionally, the company

expects to increase its dividend by 4.2 percent annually. The required return on the company's stock is 10.4 percent. What is the current share price?
Business
1 answer:
worty [1.4K]3 years ago
3 0

Answer:

$67.6

Explanation:

MV=D1/(Ke-g)

D1=4.19

g=4.2%

Ke=10.4%

MV=4.19/(10.4%-4.2%)

MV=$67.6

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When a corporation sells all or substantially all of its assets to another corporation, generally,
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Answer:

a. a majority of both shareholders and directors must approve.

Explanation:

Whenever a corporation decides to dispose off all of it's assets or substantially all of it's assets to another corporation, following points are noteworthy

  • The Board of directors first have to propose a resolution regarding disposition which has to be approved
  • Secondly post approval of the said resolution, the act of "disposition" also requires approval by the corporation's shareholders.
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In short, disposition of all or substantially all the assets requires an approval of a majority of both shareholders and directors.

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The state government maintains an investment pool for itself and local governments in the state. The investment pool received t
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Answer:

$15,000,000

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3 years ago
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The ohio state studies and the leadership grid are associated with the ____ approach to leadership.
dsp73

The Ohio state studies and the leadership grid are associated with the behavioral approach to leadership.

<h3>What is meant by the behavioral approach?</h3>

Since human conduct is taught, it is possible to unlearn any behavior and replace it with another behavior. The observable and quantifiable characteristics of human behavior are the main focus of behaviorism. As a result, learnt behaviors can be undone when they become unacceptable.

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According to the behavior approach, all behaviors are acquired and are predicated on the same core precepts and outcomes.

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4 0
2 years ago
Lake Corp., a newly organized company, reported pretax financial income of $100,000 for 20X0. Among the items reported in Lake's
liubo4ka [24]

Answer:

b.$0

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Moreover, the Premium on officer's life insurance is tax deductible i.e $15,000  as it is paid by the company due to which difference arise between the financial and taxable income.

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Therefore, it shows no such difference as it indicates the permanent difference

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3 years ago
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I think it's first one tooo

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