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zalisa [80]
3 years ago
14

Mature Products Corporation produces goods that are very mature in their product life cycles. Mature Products Corporation is exp

ected to pay a dividend in year 1 of $2.00, a dividend of $1.50 in year 2, and a dividend of $1.00 in year 3. After year 3, dividends are expected to decline at a rate of 1% per year. An appropriate required rate of return for the stock is 10%. The stock should be worth

Business
1 answer:
Pavel [41]3 years ago
3 0

Answer:

The value of stock = $10.567

Explanation:

We will solve it with the help of present value table, attached as follows:

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The Perry Company reported Accounts Receivable, Net of $64,400 at the beginning of the year and $73,700 at the end of the year.
bija089 [108]

Answer:

28.06

Explanation:

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3 0
2 years ago
During the month of May, a company performed $2,400 of cash services and $3,300 of services on account. The journal entry at the
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Answer:

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So this journal must both recognize the Assets in Cash and Assets in Trade Receivables since control for the services has already been transferred.

The journal entry at the end of the month to record this transaction would be :

Debit : Cash  $2,400

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Credit : Revenue $5,700

3 0
2 years ago
The price component of a marketing mix is:
Murljashka [212]

Answer: the correct answer is a. a competitive weapon for companies

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