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makkiz [27]
3 years ago
10

The Red Bud Co. pays a constant dividend of $2.00 a share. The company announced today that it will continue to do this for anot

her 2 years after which time they will discontinue paying dividends permanently. What is one share of this stock worth today if the required rate of return is 7.6 percent?
Business
1 answer:
kiruha [24]3 years ago
4 0

Answer:

<u>Share of this stock worth today if the required rate of return is 7.6 percent is $3.59</u>

Explanation:

stock worth today = 2/1.076 + 2/1.076^2

stock worth today = $ 3.59

You might be interested in
Why must we always boil our drinking water during and after a cyclone has passed ​
navik [9.2K]

Answer:

Sometimes following a disaster, a boil water alert is issued for areas connected to mains scheme water because the mains water may be unsafe to drink or cook with.

If a boil water alert has been issued, it is essential you follow this warning to prevent illness.

To prepare water for drinking and food preparation, you should heat the water to a rolling boil for at least 1 minute using a stove or kettle and then allow it to cool. This will help to kill any bacteria.

Be sure to keep children clear from any boiling water until the water has cooled down to room temperature.

Once it has cooled it should be placed in the fridge in a clean container with a lid.

Under no circumstances should you drink or cook with water that has not been boiled until the alert is lifted.

Alternatively you can use bottled water.

HOPE THIS HELPS !

PLEASE MARK IT BRAINLIEST!!

4 0
3 years ago
A)The playing life of a Sunshine radio is normally distributed with mean  = 600 hours
Jlenok [28]
What is your favorite food that come from your culture mine are probably Tomales
7 0
3 years ago
Whitman has a direct labor standard of 2 hours per unit of output. Each employee has a standard wage rate of $26.50 per hour. Du
g100num [7]

Answer:

$137,800

Explanation:

A flexible budget uses the standard hour and costs adjusted to Actual level of output

thus

Flexible budget amount for direct labor = 2 x 2,600 units x $26.50 = $137,800

6 0
3 years ago
Company Pea owns 90 percent of Company Essone which in turn owns 80 percent of Company Esstwo. Company Esstwo owns 100 percent o
ankoles [38]

Answer:

Company Pea

Consolidated financial statements should be prepared to report the financial status and results of operations for:

Essone - 90%

Esstwo = 72% (90% x 80%)

Essthree = 72% (90% x 80% x 100%)

Explanation:

Company Pea is described as the holding or parent company of Company Essone.  This means that Essone is Company Pea's subsidiary.  In preparing consolidated financial statements to report the financial status and results of operations for Company Essone, Company Pea will consolidate 100% of Company Essone while accounting for noncontrolling interest of 10% (effectively 90%).

When Company Essone is consolidating its financial statements, it should consolidate 80% of Company Esstwo while Esstwo consolidates 100% of Company Essthree.

But since Essthree is also a subsidiary of Company Pea, Company Pea will consolidate Esstwo and Essthree's financials to the tune of 72% respectively, while consolidating 90% of Essone's.

8 0
3 years ago
Adam Smith found that having employees focus on one task instead of many was more successful than having them learn a number of
Lunna [17]

Answer:

specialization

Explanation:

In order for labor specialization (or division of labor) to be successful, first the productive activities must be separated into smaller tasks, and then each worker will be responsible for performing just one task. That way the worker can specialize in performing that one task, and his/her efficiency should increase.

Labor specialization was the basic idea behind Henry Ford's moving assembly line. Each specialized worker was responsible for one manufacturing task and that decreased total production time and cost. The same concept applies today and the results are still the same.

8 0
3 years ago
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