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MaRussiya [10]
3 years ago
6

Slow​ 'n Steady,​ Inc., has a stock price of $ 34​, will pay a dividend next year of $ 3.10​, and has expected dividend growth o

f 1.8 % per year. What is your estimate of Slow​ 'n Steady's cost of equity​ capital?
Business
1 answer:
erica [24]3 years ago
3 0

Answer:

10.92%

Explanation:

The formula and the computation of the estimated cost of equity capital is shown below:

Stock price = Next year dividend ÷ (cost of equity - expected dividend growth rate)

We assume the cost of equity be X

$34 = $3.10  ÷ (cost of equity - 1.8%)

$34 X - $34 × 1.8X = $3.10

After solving this,

The cost of equity would be 10.92%

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In what decade was the first price scanner installed?.
saveliy_v [14]

Answer:

On 26 June 1974, the first installation of supermarket scanners entered service in a Marsh supermarket in Troy, Ohio. This Spectra Physics model A price scanner, is one of those first ten scanners.

6 0
2 years ago
ARIBA network may not work as a B2C as opposed to B2B,
Snowcat [4.5K]

It is true to say that the ARIBA network may not function as B2C as opposed to B2B, as ARIBA is a business network focused on Business to Business (B2B) where buyers and suppliers can collaborate.

The advantages of companies participating in the ARIBA network are:

  • Collaboration
  • Opportunities
  • Relationship

Therefore, buyers have the advantages of greater management of the acquisition process and control of expenses, building an effective supply chain.

And suppliers increase cash flow, simplify the sales process and increase customer satisfaction.

Learn more about B2B here:

brainly.com/question/24674966

8 0
2 years ago
Edwards Auto Body uses a job order cost system. Overhead is applied to jobs on the basis of direct labor hours. During the curre
-BARSIC- [3]

Answer:

C) $6.40 per direct labor hour.

Explanation:

The overhead application rate is used to estimate the manufacturing overhead for a specific project or reporting period.

overhead application rate = direct labor cost per hour / (total direct labor costs / total overhead costs)  

overhead application rate = $16 / ($475 / $190) = $16 / $2.50) = $6.40

7 0
3 years ago
When using the Time-Cost Critical Path Method (CPM) Scheduling Model to "crash" a project, you know when you have arrived at the
BabaBlast [244]

Answer:

a) You have found the critical path

Explanation:

The Time Cost Critical Path Method(CPM) in project management works by adding up/calculating duration of all tasks/activities in the project in order to find the longest time possible to complete the project. It is a method to estimate project duration using a flow chart that shows a network of tasks and estimated duration(start and finish times). The critical path is reached when project time is at the maximum/longest time of completion.

5 0
3 years ago
White Company manufactures furniture. Assume the following information: Manufacturing overhead is allocated based on machine hou
Lorico [155]

Answer:

overhead rate: 15

applied overhead 30,000

underapplicatio for 1,000

Explanation:

\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate

The manufacturing overhead rate is determinate by dividingthe total expected cost  by a cost driver. In this case, the machine hours.

estimated cost 150,000

expected machine hours 10,000

predeterminate overhead rate = 150,000/10,000 = 15

Next, to allocate cost, we multiply the actual value fo the cost driver by the rate

actual machine hours x MO rate

2,000 x 15 = 30,000 applied overhead.

Last, we compare with the actual overhead to determinate over or underapplied overhead:

applied - actual

30,000  -  31,000  = -1,000

Thew overhead was underapplied, as the cost were for 31,000 but we only recognize 30,000

3 0
3 years ago
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