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Ratling [72]
4 years ago
10

Metasteel Limited Co. has a stable track record with sales that are not expected to grow in the next several years. Its last ann

ual dividend was $5.75. If the required rate of return on similar investments is 18 percent, what is the current stock price
Business
1 answer:
Dmitry_Shevchenko [17]4 years ago
6 0

Answer:

The current price of stock is $31.94.

Explanation:

The stock price can be calculated by simply dividing the last paid dividend with net required rate of return of expected growth rate.

Growth rate = 0% (as sales not expected to grow)

Last Dividend = $5.75

Rate of return = 18% = 0.18

Price of stock = Last dividend / ( rate of return - growth rate )

Price of stock = $5.75 / ( 18% - 0% )

Price of stock = $5.75 / 18%

Price of stock = $5.75 / 0.18

Price of stock = $31.94

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Carlos Martin received a statement from his bank showing a balance of $56.75 as of March 15. His checkbook shows a balance of $8
Airida [17]

Your Answer is $48.87 I am 100 percent sure

8 0
4 years ago
Albend Holmes wants to deposit $4,500 in a bank account that pays 8.25 percent annually. How many years will it take for his inv
vova2212 [387]

Answer:

10 years

Explanation:

A = P(1 + r)^n

A (amount) = $10,000

P (principal) = $4,500

r = 8.25% = 0.0825

10,000 = 4,500(1 + 0.0825)^n

10,000/4,500 = 1.0825^n

2.22 = 1.0825^n

Log 2.22 = Log1.0825^n

nLog1.0825 = Log2.22

n = Log2.22/Log1.0825 = 0.3464/0.034 = 10 years (to the nearest year)

4 0
3 years ago
What formula below can be used to forecast inventory? (Inventory days / Cost of sales) x 365 (Inventory days / Revenue) x 365 (I
Bess [88]

The formula that can be used to forecast inventory is: (Inventory days / Cost of sales) x 365.

<h3>What is Inventory forecasting?</h3>

Inventory forecasting can be defined as the process in which companies tend to make you of their past inventory data or information to estimate,  predict ad forecast the inventory they will need in the future and by doing this it prevent the companies from running of inventory.

Most companies tend to make use of Reorder level so as to avoid running out of stock.

The formula that can be used to forecast inventory is (Inventory days / Cost of sales) x 365.

Therefore the formula that can be used to forecast inventory is: (Inventory days / Cost of sales) x 365.

Learn more about Inventory forecasting here:brainly.com/question/21445581

#SPJ1

8 0
1 year ago
Which can be traded in a commodities market? cars computers oil clothing
WINSTONCH [101]
<h2>ANSWER:</h2>

Oil.

<h2>EXPLANATION:</h2>

A commodity market is a market that exchanges the essential monetary segment instead of made items. Delicate wares are agrarian items, for example, wheat, espresso, cocoa, organic product, and sugar. Hard wares are mined, for example, gold and oil.

5 0
3 years ago
Read 2 more answers
What is the purpose of a TLD? a. To identify the type of organization associated with the domain b. To monitor Internet traffic
Dafna1 [17]

Answer:

Correct option is (a)

Explanation:

TLD is abbreviation for top level domain which is the last part of a website's address after its domain name. It appears after 'dot', for example .com, .edu, .org and .in. So, TLD in these cases are com, edu, org and in.

TLDs identify a website's purpose or its geographical location and is managed by assigned organization which is directed by ICANN (Internet Corporation for Assigned Names and Numbers).

So, purpose of TLD is to identify organization type related to the domain.

4 0
4 years ago
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