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IrinaVladis [17]
3 years ago
11

BREMCO recently paid a $2.80 annual dividend on its common stock. This dividend increases at an average rate of 3.8 percent per

year. The stock is currently selling for $26.91 a share. What is the market rate of return
Business
1 answer:
Paraphin [41]3 years ago
3 0

Answer:

14.60%

Explanation:

The computation of market rate of return is shown below:-

Market rate of return = (Dividend × (1 + Growth rate)) ÷ Current price of stock + Growth rate

= ($2.8 × (1 + 3.8%)) ÷ 26.91 + 0.038

= ($2.8 × 1.038) ÷ 26.91 + 0.038

= $2.9064 ÷ 26.91 + 0.038

= 0.108 + 0.038  

= 14.60%

So, for computing the market rate of return we simply applied the above formula.

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Ives Corp. has an inventory period of 22.4 days, an accounts payable period of 36.5 days, and an accounts receivable period of 3
leva [86]

Answer:

The Company's cash cycle is 17.3 days

Explanation:

The cash cycle is computed by the following formula:

Receivable No of days+ Inventory No of days- Payables No of days

31.4 days + 22.4 days  - 36.5 days = 17.3 days

In the above question, Ives Corp is making an efficient operation of its cash resources. The payables are more than inventory, so the payables are financing the inventory as well as partly the receivables.  

4 0
3 years ago
Minerals are structurally simple, inorganic substances that exist as groups of one or more of the same atoms. In chemistry, what
olga_2 [115]

Answer:

The substance does not contain carbon .

Explanation:

Usually, an inorganic substance is a type of chemical substance that loses bonds with carbon-hydrogen, that is, a product that is not biological.

  • The difference, though, is not defined and accepted, and experts have varying views on the matter.
  • An inorganic compound, any material which generally combines two or more chemical compounds other than carbon, almost always in clear and obvious percentages.

5 0
3 years ago
Read 2 more answers
Trends that have contributed to the recent increase in eating disorders in the United States include a(n): a. More competitive w
sasho [114]

Answer:

The answer is "Option C".

Explanation:

In the US, mental illnesses have increasingly been on the rise, including patterns that are highly valuable in most modern societies. Anorexia and bipolar disorder are also included. These are complicated, severe but potentially destructive. These are also the result of a complex confluence of things such as biology, cell biology, sociology, culture, and the environment.

8 0
3 years ago
what happens if a spelling checker does not have a suggestion for a misspelled word? a. the writer must correct the word. b. the
zubka84 [21]
A. The writer must correct the word

when a computer can't understand what you were trying to say because the word word is spelled so poorly, it can't give similar words because it doesn't know what your trying to say, also they are built to never ignore unless you specially tell them to, and finally it doesn't bring up the dictionary, trust me, i spell lots of words wrong.

hope this helps
good luck
3 0
3 years ago
Read 2 more answers
If the appropriate discount rate for this bond is 6%, what would you be willing to pay for ABC’s bond?
Juliette [100K]

Question:

Suppose there is a bond in ABC Company that that pays coupons of 8.5%, and suppose that these coupons are paid annually.

Suppose the face value of the ABC bond is $1000 and the maturity is 11 years.

If the appropriate discount rate for this bond is 6%, what would you be willing to pay for ABC’s bond?

Answer:

Price of bond = $ 1197.17

Explanation:

<em>The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV)</em>.  

Value of Bond = PV of interest + PV of RV  

The price of the bond can be worked out as follows:  

S<em>tep 1  </em>

<em>PV of interest payments </em>

Annual Interest payment =  8.5%× 1000 = 85

Annual yield = 6%

Total period to maturity (in years) = 11  

PV of interest =  

85 × (1- (1+0.06)^(-11)/)/0.06 = 670.38

<em />

<em>Step 2  </em>

<em>PV of Redemption Value </em>

= 1,000 × (1.06)^(-11) = 526.78

<em>Step 3:</em>

<em>Price of bond  </em>

670.38 + 526.78= 1,197.17

Price of bond = $ 1197.17

6 0
3 years ago
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