1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dafna11 [192]
3 years ago
11

Spacefood Products will pay a dividend of $ 2.25 $2.25 per share this year. It is expected that this dividend will grow by 3 3​%

per year each year in the future. What will be the current value of a single share of​ Spacefood's stock if the​ firm's equity cost of capital is 10 10​%?
Business
1 answer:
gavmur [86]3 years ago
7 0

Answer:

$32.14 per share

Explanation:

The computation of the current value of the single share is shown below:

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

where,

Current year dividend is $2.25 per share

Required rate of return is 10%

And, the growth rate is 3%

So by placing these items, the current value is

= $2.25 ÷ (10% - 3%)

= $32.14 per share

You might be interested in
The philosophical leaders of the quality movement, Philip Crosby, W. Edwards Deming, and Joseph M. Juran, had the same general m
Nataly [62]

Answer:

The correct answer is A. Quality is free.

Explanation:

Deming's main interest was the application of statistical techniques since he was trained in the group of Walter Shewart, who developed the methods of statistical quality control (SQC). It was Deming who introduced the statistical quality control methods in Japan after World War II, and which underpin Kaoru lshikawa's approach to total quality control.

His proposal is the basis for the transformation, adoption and performance of the administration applied both in small and large organizations, whether they are services or dedicated to the manufacture of goods, these are known as the Deming philosophy for quality .

The thinking of Juran, as well as that of the other quality philosophers, is focused on ensuring that companies achieve and maintain quality leadership, define the roles of senior managers to lead their companies towards that objective and dispose of the means to be used by managers for that leadership.

Juran bases his theory on quality on the observations made to the Japanese and their strategies used, which included:

• Senior management occupation

• Training for all functions and at all levels

• Quality improvement at a continuous and revolutionary rate

• Participation of the workforce through quality control circles

The evaluation of the characteristics of the product begins by asking customers how they evaluate quality; and the task of senior managers will be to ensure that company manuals and information include clear definitions of the word quality.

7 0
3 years ago
The shape of the production function reflects the law of diminishing marginal product of labor.a. Trueb. False
Anna35 [415]

Answer: True

Explanation:

Looking at the Production Function you will notice that Output increases at different rates to input added. First output increases at an increasing rate then at a constant rate then at a decreasing rate.

This shows the concept of the Law of Diminishing Marginal returns because as more input(labor) was added, at some point the output started increasing at a decreasing rate till it gets to a point where marginal returns will be negative.

The reason for this is that each worker is now working with less capital than before (assuming capital doe not change) and so will only produce less.

5 0
3 years ago
Company A makes canned tomatoes. The plant operates around the clock and has a long conveyor belt to take the
Dima020 [189]

<u>Answer:</u>

bulk

<u>Explanation:</u>

The Tomatoes are produced in a bulk and the canned products are sent out in batches but the process of moving tomatoes from receiving through packaging and processing is done on a conveyor belt which is a continuous process.

Therefore, the production of tomatoes in a bulk is a continuous process which goes on around the clock on a conveyor belt and the final products are sent out in batches which have their own unique identity number.

4 0
3 years ago
How much money does the founder of Google make a year?
ElenaW [278]
There are actually two makers, and they both agreed to a one dollar salary a year.
8 0
3 years ago
Which of the following statements is right about facility location analysis?
RideAnS [48]

Answer:

The correct answer is letter "A": Facility location analysis considers the competitive imperative to be close to customers as to timeliness of deliveries.

Explanation:

Facility location is part of the research and computational geometry in charge of determining the localization of a company's branches to be closest as possible to the firm's target customers, workers, and suppliers by minimizing the costs. Other factors such as free trading zones or environmental policies are also taken into consideration.

3 0
3 years ago
Other questions:
  • Organizational buying criteria refer to
    11·1 answer
  • What do most real estate agents represent?
    8·1 answer
  • HELP PLSSS
    14·1 answer
  • Tunebeak, a fast food service chain, wants to introduce a new product. However, it lacks the financial support required to promo
    6·2 answers
  • On December 31, 2018, Larry's Used Cars had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $75,000
    15·1 answer
  • Uchimura Corporation has two divisions: the AFE Division and the GBI Division. The corporation's net operating income is $12,300
    14·1 answer
  • Sam manages a grocery store in a country experiencing a high rate of inflation. to keep up with inflation, he spends a lot of ti
    9·1 answer
  • Where is the main Federal Reserve Bank located?​
    7·2 answers
  • Problem found with in the agriculture sectors and the solution
    9·1 answer
  • Liam has purchased a fee-for-service health insurance plan from Leroux Health Insurance. Plan A includes a $248. 00 monthly prem
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!