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lina2011 [118]
3 years ago
12

Braxton's Cleaning Company stock is selling for $34.75 per share based on a required returmn of 10.4 percent. What is the the ne

xt annual dividend if the growth rate in dividends is expected to be 3.9 percent indefinitely?
Business
1 answer:
mash [69]3 years ago
5 0

Answer:  Po = D1/Ke + g

               $34.75 = D1/0.104 + 0.039

   $34.75 -0.039 = D1/0.104

                $34.711 = D1/0.104

                        D1  = 34.711 x 0.104

                        D1 = $3.61

Explanation: In this question. there is need to apply the formula for determining the current market price of a common stock. The current market price of a common stock is a function of next dividend capitalised at the appropriate cost of equity plus growth rate. in addition, we need to make the next dividend the subject of the formula.

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Castille Corp. purchases, for $600,000, land upon which a building and a dilapidated shed are situated. Castille plans to use th
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Answer:

b. $120,800.00

Explanation:

Cost of the land $ 600,000/-

Associated expenses:

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income from scrap: $ 1000

Total expenses $ 4000

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Tax allocation: land and building $ 500,000

land allocation will be: 100,000/500,000 x$ 604,000

     =0.2x604,000

     =$120,800.00

5 0
3 years ago
Which of the following statements is not true about an evaluative interview?
Natasha2012 [34]
The correct answer is B. 

The interviewer will be taking notes with recommendations for the next person in the process, since the interviewer won't be the sole person making the rejection/acceptance decision.
4 0
3 years ago
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Inventory is important in the supply chain for many different reasons. Why would you invest the​ company's money for inventory a
Makovka662 [10]

Answer:

All the answers are right

Explanation:

A.To provide a hedge against inflation. : in an inflationary economy, a company can invest in inventory in order to be prepared for the higher prices of raw materials to come. So they can maintain the company´s profit.

B. To tightly synchronize production and distribution processes: inventory of final products can help to minimize the effects of unexpected production problems.

C. To ensure that item cost is maximized: A company can buy a bulk of raw material since the cost of a large number of units is lower. So the final product's cost will be maximized.

D. to tightly synchronize a​ firm's production with its​ customers' demand: for example in a seasonal demand, There are certain months when the demand exceeds the production capacity. In theis case, in the lower season months, the company will be increasing the inventory in order to meet the demand when the high season comes.

6 0
3 years ago
If the M1 multiplier is 3 and the Fed engages in open-market purchases in the amount of $3 billion, then monetary base will Grou
zavuch27 [327]

Answer:

A

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In this exercise, the Fed engages in open-market purchases, which means that the Fed expands the amount of money in the banking system. Therefore the monetary base will increase by an amount equal to the amount of open-market purchases.

So monetary base will increase by $3 billion.

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when an account holder uses a debit card to pay for a purchase at the point of sale, a. money is immediately taken out of the ch
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