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Naya [18.7K]
3 years ago
14

SCI just paid a dividend of $2.16 per share, and its annual dividend is expected to grow at a constant rate of 4.50% per year. I

f the required return on SCI's stock is 11.25%, then the intrinsic value of SCI's shares is _____ per share.
Business
1 answer:
guajiro [1.7K]3 years ago
8 0

Answer:

$33.44

Explanation:

The computation of the intrinsic value of the share is shown below:

= Next year dividend ÷ (Required rate of return - growth rate)

where,

Next year dividend is

= $2.16 + $2.16 × 4.50%

= $2.16 + $0.0972

= $2.2572

The required rate of return is 11.25%

And, the growth rate is 4.50%

So, the intrinsic value is

= ($2.2572) ÷ (11.25% - 4.50)

= $33.44

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Which of the following is a benefit of content marketing? Select one: a. You reach more buyers at a lower cost. b. You essential
valentina_108 [34]

Answer:

D. All of these answers are correct

Explanation:

Content marketing is a form of marketing that navigates around creation of and sharing of online materials that's not primarily aimed at promoting a brand, but rather intended to stimulate interests in its product and services.

Online materials may include: videos, social media posts, pictures, blog, vlog etc.

Benefits

Content marketing is very cost effective, hence reaching more buyers at a low cost. It is more cost effective than many other traditional marketing techniques that exist.

Content marketing helps build brand awareness. By posting useful content that engages target buyers or customer, more attention is drawn the the content being marketed. It creates a form of credibility and authority and creates brand preference for your buyers.

Content marketing enables the manager to basically own the attention.

Other benefits includes: creates loyalty, develops lasting relationships, generates traffic and so on.

5 0
3 years ago
Randy Rouser completes landscaping work on Nina Tothill’s yard, and Nina writes a $1,750 check from her account at Small Bank. T
Arte-miy333 [17]

Answer: Christina can hold Randy liable for the check

Explanation:

In this scenario it is important to note 2 things.

1. Nina PAID Randy.

2. Randy PAID Christina.

The point is that Randy is the one who had a contract with Nina. Even though Nina is the one who's check was not honored, Christina has NO CONTRACT with Nina. This means she cannot hold her liable.

As far as Christina is concerned, the check came from Randy and so she should hold him liable.

Randy on his part can then go back to Nina and hold her liable because he is the one who had a contract with her.

If you need any clarification do comment.

4 0
3 years ago
Two items are omitted from each of the following summaries of balance sheet and income statement data for two proprietorships fo
bulgar [2K]

Answer:

The solution according to the given query is provided below.

Explanation:

The given question seems to be incomplete. The attachment of the complete query is provided below.

Now,

The additional investment will be:

= Ending \ owner's \ equity-Beginning \ owner's \ equity+Drawings-Net \ income

By putting the values, we get

= 40000-25000+37000-45000

= 7,000

Now,

The drawings will be:

= Ending \ owner's \ equity-Beginning \ owner's \ equity+Additional \ investment-Net \ income

By putting the values, we get

= 130000-80000-25000-40000

= -15,000

3 0
3 years ago
Madison Company issued an interest-bearing note payable with a face amount of $10,800 and a stated interest rate of 8% to the Me
Aleks [24]

Answer:

$360

Explanation:

Interest Expense associated with the loan is the only operating cash flow. We need to calculate the interest expense first

As the note is issued on August 1, year 1, only  5 months has been passed on December 31, year 1, So we calculate the interest expense for only 5 months.

Interest Expense = Value of Note x Stated Interest rate x 5/12 = $10,800 x 8% x 5/12 = $360

It is assumed that the interest is paid on December 31, year 1.

4 0
3 years ago
What is always true about trial balance reports? (You may select more than one answer. Single click the box with the question ma
Keith_Richards [23]

Answer:

The correct answers are letters "A", "C" and "D": All accounts with balances are included in the report; The report is prepared for a range of dates; The total of the debit column must equal the total of the credit column.

Explanation:

A Trial Balance is a worksheet detailing the debit and credit balances of all the accounts for the company. According to accounting theory, the sum of all debits will be the sum of all credits for a given period. Relevant accounting activity of previous periods can be included. Since the trial balance is a list of all accounts, it acts as a test of accuracy.

8 0
3 years ago
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