1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mariana [72]
3 years ago
6

Lakeside Sheet Metal is downsizing and plans on completely closing 3 years from now. The firm's liquidation plan calls for annua

l dividends of $3, $6, and $36 over the next 3 years, respectively. What is the current value of this stock given a discount rate of 14 percent?
Business
1 answer:
sergeinik [125]3 years ago
3 0

Answer:

Current Value = $31.50

Explanation:

The stock price formula in general is:

P_n=\frac{D_n}{(1+g)^n}

Where

P is the stock price

D is the dividend

g is the growth rate, discount rate

Now, we have to find the sum of all the prices in each year:

\frac{3}{1+0.14}+\frac{6}{(1+0.14)^2}+\frac{36}{(1+0.14)^3}= 31.50

Current Value = $31.50

You might be interested in
Earnings per share is a corporation's after-tax earnings divided by the number of stockholders.
lora16 [44]
The answer is b.False.  Earnings per share is after-tax earnings divided by the number of shares of stock the company has issued.
7 0
4 years ago
What is the total amount of money a firm receives by selling goods or services called?'?
Arte-miy333 [17]
The total amount of money a firm receives by selling goods or services is called total revenue. Total revenue is defined as the total receipts of sales from any good or service provided. You can find the total revenue of a business by multiplying the price of the good/service by the quantity of goods sold. 
8 0
3 years ago
How can the military support your career goals
Setler [38]

Answer:

you can get money to further your education, also engage in stem activities.

Explanation:

4 0
3 years ago
The Super Toy Stores inventory records at December 31, revealed the following: Inventory on hand, December 31 $350,000 Merchandi
enyata [817]

Answer:

The correct answer is $543,000

Explanation:

According to the given scenario, the calculation of the ending inventory is as follows:

= Inventory on hand + merchandise purchased F.O.B shipping point + F.O.B destination

= $350,000 + $118,000 + $75,000

= $543,000

The goods held on consignment i.e. not involved is not relevant

Thus, the  calculation of the ending inventory is $543,000

8 0
3 years ago
Which advantages of small business helped mary ellen sheets establish and grow two men and a truck? 2. which disadvantages of sm
Lana71 [14]

<u>Solution:</u>

1. Two men and a truck have an advantage of making their workers comply with the Grandma Law, which demonstrates respect and compassion for their clients. It welcomed new buyers, retained the faithfulness of current customers and made the company's own identity distinctive. The freedom of Two People and a Truck was another plus.

Two men and a truck were using the unsegmented approach to the market that many small companies have to or plan to do. This was based in its business or division on any consumer.

The marketing technique used was the conventional and modern internet and social media marketing method, PR&D and the news media.

2.  A) a lack of venture value: because they were a very small enterprise that used to carry their operations out, most customers had lost confidence or a value in their funding, believing their concept of selling franchises was not a successful one.

b) Failure to have sufficient funding: Originally, as this business started to expand rapidly, it emerged as a money-making workplace; a big concern was the shortage of investment resources.

Suggestions for addressing this were: using alternate funding strategies such as retained profits, bank loans, and so on.

3.  Two men and a truck should sell concessions outside North America. That is a smart idea. It is because since developing the organization, it is clear that it knows its strong fields, which it will use to develop a stable presence on the world market, with some 300 franchises in North America. Furthermore, this packaging and shipping company's business model is something essential and recognizable in the world.

Global franchises are more likely to question the organization if it is willing to adapt or deviate its strategies in order to suit the consumer market in a different country with a particular philosophy from the North American community, its corporate social management programs, its goals and its organizational ethics.

8 0
3 years ago
Other questions:
  • On November 1, 2014, Archangel Services issued $300,000 of 8-year bonds with a stated rate of 9% at par. The bonds make semiannu
    13·1 answer
  • Why are entrepreneurs considered both spark plugs and catalysts of the free enterprise economy?
    14·1 answer
  • When setting up a search network campaign for a client, you want to maximize the number of clicks her ads can get. which bidding
    12·1 answer
  • Hosha exchanges all of her leaf stock for petal stock plus $5,000 cash. the exchange is pursuant to a tax-free reorganization. h
    10·1 answer
  • Nettie can produce either 8 cupcakes or 4 hamburgers. becky can produce either 4 cupcakes or 8 hamburgers. suppose that nettie a
    10·1 answer
  • A firm is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, th
    13·1 answer
  • The founding fathers divided our system of government into three distinct branches. What are these branches and how did the foun
    11·1 answer
  • One effect of a minimum wage in the market for low-skilled labor is a a. surplus of low-skilled labor.
    15·1 answer
  • Mature birds are better than young birds when used for ___.
    10·1 answer
  • f the company's volume doubles, the company's total cost will Group of answer choices decrease. stay the same. double as well. i
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!