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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

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In an automobile company, the vice president of research and development wants to plan and coordinate the launch of a new car wi
nikdorinn [45]

Answer

Hi,

This type of communication could be interpersonal communication or formal communication

Explanation

Interpersonal communication occurs in company when it is done between two or more individuals at a workplace. For this case, the communication was between the vice president of research and development and the vice president of marketing. This could also be a formal communication where a hierarchy at the workplace is followed because the two vice presidents from different departments first talked before involving junior staff members. In this case, the two vice presidents are communicating formally with each other to get work done.

Welcome!

4 0
3 years ago
How often should you typically monitor your checking account?
Elena-2011 [213]
<span>The correct answer is once a month. You should typically monitor your checking account one a month by balancing it. You can balance your account by adding all of your deposits to the beginning balance and subtracting all the subtotal's checks made.</span>
8 0
3 years ago
A worker was cleaning a skid-steer loader while another worker was repairing a forklift. The forklift was accidentally put into
mariarad [96]

There are many types of hazards in the workplace, but I think this one would be a physical hazard. Physical hazards involve unsafe working conditions such as slippery floors, noise, poor lighting, and the unsafe or misuse of machinery. It seems that the forklift being "accidentally" put into motion is a misuse of machinery.

7 0
3 years ago
A company has fixed costs of $94,050. Its contribution margin ratio is 33% and the product sells for $69 per unit. What is the c
Natali5045456 [20]

,Answer:  $285,000

Explanation:

The Contribution margin of a product refers to its selling price less that of the variable costs incurred to make and sell the good.

It can be used to calculate the breakeven point in sales along with the fixed costs.

To calculate a company's break-even point in dollar sales, the formula is:

= Fixed costs / Contribution margin ratio

= 94,050 / 33%

= $285,000

8 0
3 years ago
Whispering Company owns a 7,200-acre tract of timber purchased in 2006 at a cost of $1,352 per acre. At the time of purchase, th
agasfer [191]

Answer:

Explanation:

Determination of cost of timber

Cost of timber per acre

(1,352 - 312)  = 1040

Cost per board feet of timber

   <u>1040 </u>

   8320      

Cost of timber sold related to depletion in 2020

884,000 board feet ×   <u>1040 </u>

                                      8320  

     = $110,500

7 0
4 years ago
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