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AlekseyPX
3 years ago
8

The Bell Weather Co. is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 1

9 percent a year for the next 4 years and then decreasing the growth rate to 3 percent per year. The company just paid its annual dividend in the amount of $3.30 per share. What is the current value of one share of this stock if the required rate of return is 8.80 percent?
Business
1 answer:
Firdavs [7]3 years ago
7 0

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

Download xlsx
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Which statement is generally true of an investment that is highly volatile but has superior, long-term real rates of return?
Elenna [48]
Which statement is generally true of an investment that is highly volatile but has superior, long-term real rates of return?
<span>
It has low liquidity because selling would often require selling at a loss.

High volatile investments are investments that always fluctuates in the market. It can generate you very high income or very low income. It has low liquidity because when you sell it right away, you tend to sell at a loss.</span>
6 0
3 years ago
Jenny's Corporation manufactured 13,000 grooming kits for horses during March. The fixed-overhead cost-allocation rate is $20 pe
Ymorist [56]

Answer:

$3,000 unfavorable

Explanation:

With regards to the above, the fixed overhead spending variance is computed as;

= Actual overhead - Budgeted overhead.

Given that;

Actual overhead =

Budgeted overhead =

= $63,000 - $60,000

= $3,000 unfavorable

Therefore, the fixed overhead spending variance is $3,000 unfavorable

8 0
3 years ago
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The
nirvana33 [79]

Answer:

See below

Explanation:

We will first determine the overhead rate

= cost of manufacturing overhead / cost driver

We will distribute the cost driver which is machine hours

$159,000/32,000 = $4.97

$4.97 fixed + $3 = $8 predetermined overhead rate

We will now apply this to job machine hours

Job machine hours 30

Overhead: machine hours x

Predetermined rate = 30 × 8 = $240

Total cost $1,320 + $660 direct material + $240 overhead = $2,220

Then,

Unit cost = Total cost/ unit

= $2,220/10

= $222

Selling price

= cost + 40% cost

= $222 + $88.8

= $283.50

7 0
2 years ago
Acme Manufacturing is producing $4,020,000 worth of goods this year and expects to sell its entire production. It also is planni
Arturiano [62]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

3 0
3 years ago
Installation and start-up costs for utilities are called.
valkas [14]

Installation and start-up costs for utilities are called seed or start-up capital. This is further explained below.

<h3>What is start-up capital.?</h3>

Generally, start-up capital. is simply defined as the money an entrepreneur raises to cover the startup expenses of a new business until it is profitable.

In conclusion, It is termed seed or start-up funding for utility installation and startup expenditures.

Read more about start-up capital.

brainly.com/question/22447523

#SPJ1

6 0
2 years ago
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