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zzz [600]
3 years ago
7

The next dividend payment by Savitz, Inc., will be $2.34 per share. The dividends are anticipated to maintain a growth rate of 4

.5 percent forever. The stock currently sells for $37 per share. a. What is the dividend yield?
Business
1 answer:
Margaret [11]3 years ago
7 0

Answer:

Explanation:

Market value of stock MV=$37

Dividend D1=$2.34

Growth rate g=4.5%

Dividend yield Ke=?

Formula;

MV=D1/(Ke-g)

37=2.34/(Ke-.045)

37Ke-1.665=2.34

Ke=(2.34+1.665)/37

Ke=10.8%

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If a 30% price increase for Product A causes a 10% decrease in its quantity demanded, but no change in the quantity demanded for
Aleks04 [339]

Answer:

The correct answer is: Zero, Option c.

Explanation:

The price elasticity of demand shows the change in the quantity demanded of a commodity due to a change in the price of the commodity.  

The cross-price elasticity is the change in the quantity demanded of a product because of a change in the price of related good.  

The cross-price elasticity is calculated by finding the ratio of proportionate change in quantity demanded and proportionate change in price.  

Cross-price elasticity in this situation will be

= \frac{\% \Delta Qy}{\% \Delta Px}

= \frac{0}{30}

= 0

The cross-price elasticity is zero. This implies that the two goods have no relation.

5 0
4 years ago
A collaborative selling environment makes the sales pitch more challenging for salespeople.
makvit [3.9K]

Answer:

O True

Explanation:

In the case when the selling environment is collaborative so it would make the sales pitch more challenging for the sales people

Here collaborative selling means the collaboration that does not between the sales team members but it would be done between the sales people and the customers

So the given statement is true

Hence, it is not false

8 0
3 years ago
Pier shops in a Rowdy Ranch & Farm Store store. Enticed by a display, Pier takes an item to examine it and, when she is done
Fudgin [204]

Answer:

The correct answer is letter "B": a duty to discover and remove the hazard.

Explanation:

According to the hierarchy of Hazard Control, there are five (5) layers on determining the actions that should be taken in front of a dangerous situation.  Those layers include <em>protecting workers with Personal Protection Equipment (PPE), changing employees' methods of working implementing administrative controls or engineering controls, substituting the hazardous element, or completely eliminate. </em>

Thus, <em>the elimination or removal of the hazardous element after discovering it is the most effective measure to take to avoid any damages to other individuals, employees or not.</em>

3 0
4 years ago
Patagonia donates at least 1% of profits to support environmental causes. There products are also produced under safe, fair, leg
Alchen [17]

Answer: corporate social responsibility practice

Explanation:

Corporate social responsibility occurs when organizations contribute to societal goals by supporting practices that are ethically oriented and have a positive effect on the economy.

Since Patagonia donates at least 1% of profits to support environmental causes and is contributing positively to the economy, then Patagonia is practicing corporate social responsibility practices.

6 0
3 years ago
Develop an estimate for each of the following situations:_________. a. The cost of a 500-mile automobile trip, if gasoline is $3
kirill [66]

Answer:

A.$325

B.657000 hours

Explanation:

We can calculate the cost of a 500-mile automobile trip by adding the cost of gasoline burnt and the cost of wear and tear during the trip. Total number of hours of 75 years old can be calculated by multiplying the number of hours in a day with the total number of days in a year.

DATA

Gasoline per gallon = $3

Vehicle wear and tear = $0.50/mile

Miles per gallon = 20 miles

Hours in a day = 24hours

Days in a year = 365

Number of years = 75

Requirement A            

Cost of a 500 mile automobile trip = Cost of gasoline + Cost of vehicle wear   ]

Cost of a 500 mile automobile trip = $75 + $250 = $325  

Working

Cost of gasoline = (500 miles / 20 miles) * $3 per gallon = $75       Cost of vehicle wear and tear = 500 miles * $0.50 per mile = $250        

Requirement A            

Total number of hours in 75 years of human life =  Life in years x Number of days in a year x Number of hours in a day

Total number of hours in 75 years of human life  = 75 years * 365 days * 24 hours = 657000 hours  

8 0
4 years ago
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