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WINSTONCH [101]
3 years ago
10

KL Airlines paid an annual dividend of $1.18 a share last month. The company is planning on paying $1.50, $1.75, and $1.80 a sha

re over the next 3 years, respectively. After that, the dividend will be constant at $1.50 per share per year. What is the market price of this stock if the market rate of return is 10.5 percent?
Business
1 answer:
True [87]3 years ago
7 0

Answer:

the correct answer is $14.71

good luck

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Scilla [17]

Answer:

sadness is when we are alone and who was break up with and who didn't care and when we are weak

8 0
3 years ago
Arciba Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 7,400
n200080 [17]

Answer:

$27.20

Explanation:

The computation of the predetermined overhead rate is shown below:

= Variable overhead rate per hour + Fixed Overhead rate per hour

where,

Variable overhead rate per hour is $9.50

And, the fixed overhead rate per hours is

=  budgeted fixed manufacturing overhead ÷ direct labor hours

= $130,980 ÷ 7,400

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So, the predetermined overhead rate is

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By adding the variable overhead rate per hour and the fixed overhead rate per hour we can find out the predetermined overhead rate

7 0
3 years ago
A general rule of thumb is to keep your credit utilization rate at 30% or lower. What is your approximate credit utilization rat
Leto [7]

Answer:

90%

Explanation:

7 0
3 years ago
A budget should include a balance sheet and a(n)
kicyunya [14]

in the budgeting process you should create a budgeted balance sheet and budgeted income statement. Your balance sheet and income statement, whether budgeted or actual, are the two great financials. They reflect the bottom line, showing how the business is doing.

8 0
3 years ago
Irving’s Rib Shack is a regional chain of barbecue restaurants. They have a long-standing policy that the recipe for their signa
Drupady [299]

Answer:

The correct answer is <u>trade secret</u>

Explanation:

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6 0
3 years ago
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