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nignag [31]
3 years ago
13

Hardwoods, Inc. is a mature manufacturing firm. The company just paid a $10 dividend, but management expects to reduce the payou

t by 9 percent each year, indefinitely. How much are you willing to pay today per share to buy this stock if you require a 15 percent rate of return
Business
2 answers:
harkovskaia [24]3 years ago
7 0

Answer:

$37.92 is the answer

Explanation:

Stock price, P0 = D1÷(r+g)

D1 is next expected dividend

r is required return

g is growth rate

= $10×(1-9%)÷(15%+9%)

= $37.92

OlgaM077 [116]3 years ago
5 0

Answer:

$37.92

Explanation:

D0 = $10

g = -9% it is negative since the payout will be reduced indefinitely

r =15%

P = ?

dividend discount model

P = D1/r-g

  = 10 (1+(-0.09))/0.15-(-0.09)

   =$37.9167/$37.92

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Zeke, an employer, received a grievance from Gavin, an employee who was dismissed recently. Zeke rejected Gavin’s grievance as h
miss Akunina [59]

Answer:

The statement that would prove that Zeke made a faulty decision is that Both an employee and a a former employee can raised a grievance

Explanation:

Based on the information given about Zeke who is the employer , Gavin the employee and the formal employee who was dismissed The statement that would prove that Zeke the employer made a faulty decision is that Both an employee and the former or ex employee can raised a grievance reason been that settling dispute due to Grievance at a place of work can only take place with a current employee and not a formal employee , ex employee or a dismissed employee.

Therefore resolving Grievance at a place of work often take place with an employee with in the work environment and not with a formal employee.

7 0
3 years ago
A sales manager at Guilden Corporation, a manufacturer of consumer durable goods, instructed his new salesperson, Rita, to sell
Sidana [21]

Answer:

c. quotas

Explanation:

Quotas refer to minimum criteria to be fulfilled to meet the requirement.

Accordingly in the given instance Rita is given certain quotas to fulfill to meet the job. For this she has to sell at least 5 television sets, which shall be flat screen.

Also she must identify at least 10 potential customers who shall buy flat screen sets in near future.

These are basic conditions which are called quotas.

7 0
3 years ago
Consumer surplus is A. the difference between the highest price a consumer is willing to pay and the price the consumer actually
ss7ja [257]

Answer is A

Explanation: Consumer surplus actually happens when a customer is willing and ready to pay for a particular product than its current market price. It is a measure of the additional benefits a consumer gets after paying for a product even though they are willing to pay more.

For example: Let's assume you want to get a IPhone 8 plus and you value it at $800 dollars, which you are ready to pay, but realise it is sold at $700. When you buy it at $700, the customer surplus is $100, that is a difference between how much you were willing to pay and the price you eventually got it.

Consumer Surplus changes as the equilibrium price of a good rises or falls. If the price of a good rises, the consumer surplus decreases but when the price of the good falls, the consumer surplus increases.

3 0
3 years ago
When early settlers needed to buy farming equipment and supplies, they often would use the milk, eggs, and crops their farms pro
Tasya [4]

Answer:

The correct answer is A)

Explanation:

There is no good or service that is unlimited.

The concept of the Barter system was simply a method of exchanging value for value.

  • It was phased away due to several reasons:
  • It was not a good store of value as many of the goods were perishable
  • it didn't make for good administration: It was too cumbersome and problematic. Imagine having to store three trailers of eggs awaiting a barter exchange

Cheers!

3 0
3 years ago
What is one of the best ways to determine what kind of business you'll enjoy? A. Buy an established business. B. Create one rela
hammer [34]
The answer would be (B. To create one related to what you do in your free time) To be interested/motivated  in what you are doing, it has to grab your attention, you have to appreciate the topic, best way to make a business you'll enjoy is to create one based around one of you favorite pass times, hobbies, passions, etc...<span />
3 0
3 years ago
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