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Vinil7 [7]
3 years ago
11

Three Corners Markets paid an annual dividend of $1.42 a share last month. Today, the company announced that future dividends wi

ll be increasing by 1.3 percent annually. If you require a return of 14.6 percent, how much are you willing to pay to purchase one share of this stock today
Business
1 answer:
Mariana [72]3 years ago
3 0

Answer:

$10.82%

Explanation:

The computation of stock value is shown below:-

First we need to find out the expected dividend for computing the stock value

So, Expected dividend = $1.42 × (1 + 1.3%)

= $1.44

Now, Stock value = Expected dividend ÷ (Required return - Growth rate)

= $1.44 ÷ (14.6% - 1.3%)

= $1.44 ÷ 13.3%

= $10.82%

So, for computing the stock value we simply applied the above formula.

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Which is not a mandatory subject matter for good-faith bargaining? a. seniority b. insurance c. pension plans d. strike vote e.
maksim [4K]

Answer:

The correct answer is letter "D": strike vote.

Explanation:

Collective Bargaining is the act by which employees organized in labor unions negotiate with employers (mainly managers) about compensations and work conditions. <em>Wages, working hours, merit pay, </em>and <em>vacation length</em>, are common topics of discussion between the two parties.

<em>A strike is the stop of operations of a company because of unattended labor union request. The decision of going on a strike or not relies merely on the union and the </em><u><em>strike vote</em></u><em> is subject to that group only.</em>

4 0
3 years ago
In what form do households receive income from labor within a resource market?
bazaltina [42]
They receive income by wages
6 0
3 years ago
Read 2 more answers
Company A is considering a merger with Company B. A has 43,000 shares outstanding at a market price of $32 a share. B has 12,800
mrs_skeptik [129]

Answer: $1381400

Explanation:

From the question, we are informed that Company A is considering a merger with Company B and that A has 43,000 shares outstanding at a market price of $32 a share while B has 12,800 shares outstanding priced at $44 a share and the merger is expected to create $5,400 of synergy.

The total value of the merged firm will be:

= (43,000 × $32) + (12,800 × $44) + $5,400 - $563,200

= $1,376,000 + $563,200 + $5,400 - $563,200

= $1,944,600 - $563,200

= $1,381,400

6 0
3 years ago
What journal entry is made in a job-order costing system when $8,000 of materials are requisitioned for general factory use inst
Jlenok [28]

Answer:

(d) Manufacturing Overhead $8,000 Raw Materials $8,000

Explanation:

This will be an spending associate with the actual overhead.

These materials are indirect, so it should go in the factory overhead account.

They are not associate with any job in particular, so it cannot be capitalize through work in process.

8 0
3 years ago
Packer Corporation’s year 8 income statement reported $130,000 in income before provisions for income taxes. To compute the prov
romanna [79]

Answer:

$127,000

Explanation:

Calculation for the amount to be reported as taxable income

Using formula

Taxable income=[Year 8 Income Statement + Rent received in advance -Income from exempt municipal bonds -(Depreciation deducted for income tax purposes-Depreciation deducted for financial reporting)]

Let plug in the formula

Taxable income=[$130,000+$ 22,000 -$ 17,000 -( $ 18,000 -$ 10,000 )]

Taxable income=$130,000+$ 22,000 -$ 17,000 -$8,000

Taxable income=$127,000

Therefore the amount that Packer should report as taxable income will be $127,000

5 0
3 years ago
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