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
melomori [17]
3 years ago
14

The common stock of Water Town Mills pays an annual dividend of $1.84 a share. The company has promised to maintain a constant d

ividend even though economic times are tough. How much are you willing to pay for one share of this stock if you want to earn a 13.6 percent annual return?
Business
1 answer:
wel3 years ago
3 0

Answer:

The maximum that should be paid for a share of this stock today is $13.53.

Explanation:

The price of a company's stock which pays a constant dividend through out can be calculated using the zero growth model of the Dividend discount model (DDM). The formula for price of the stock today under DDM's zero growth model is,

P0 = D / r

P0 = 1.84 / 0.136

P0 = $13.529 rounded off to $13.53

You might be interested in
What factors in society have promoted careers in early childhood?
Elena L [17]
The factors in society are all around us and them.
As corny as it might sound but the early promoted careers all are because the parents and the teachers and the community.
6 0
3 years ago
_________ management emphasized internal operations because managers were concerned primarily with meeting the explosive growth
xenn [34]

Answer:

Systematic management

Explanation:

Systematic management is an approach of management which focus on the process of the management instead of the final outcome. The objectives of this approach to the management are:

To establish the particular procedures and processes to be used in the completion of the job task.

So, the systematic management is the one which focus on the internal operations as managers are concerned with the growth brought about through the Industrial Revolution.

5 0
4 years ago
An hourly employee works 40 regular hours during a pay period. His base pay
ioda
C is the awnser :)!!!
4 0
3 years ago
What happens when you move a section header
german
Nothing really just the header moves where ever you move it to lol
5 0
3 years ago
Read 2 more answers
Sales for the year = $324,882, Net Income for the year = $36,610, Income from equity investments = $8,603, and average Equity du
Andre45 [30]

Answer:

A. 29.6%

Explanation:

Return on Equity is the times of profit a owner can earn on the equity investment in the business. Higher ratio shows the business is more profitable.

As per given data

Net Income =  $36,610

Average Equity = $123650

Return on Equity ( ROE ) = Net Income / Equity Investment

Return on Equity ( ROE ) = $36,610 / $123650

Return on Equity ( ROE ) = 0.296

Return on Equity ( ROE ) = 29.6%

4 0
3 years ago
Other questions:
  • Fanning Corporation incurs the following annual fixed costs: Item Cost Depreciation $ 80,000 Officers’ salaries 190,000 Long-ter
    14·1 answer
  • Anna and ben are up for the same promotion at work. when it comes time to make a decision, the management committee chooses ben
    7·2 answers
  • If actual sales totaled $500,000 for the current year (40,000 units at $12.50 each) and planned sales were $495,000 (45,000 unit
    7·1 answer
  • Rockville Enterprises manufactures woodworking equipment and is incorporated and based in Evansville, Indiana. All of itsreal pr
    12·1 answer
  • ​Noah's sporting goods is having difficulty attaining the credit it needs to expand. what should the company do in order to alle
    13·1 answer
  • On September 18, 2019, Rose Company purchased 6,000 shares (9%) of Wozniak, Inc. stock for $28 per share. The market value per s
    5·1 answer
  • XYZ Development, Inc. leases commercial space to businesses. Most of the leases are long-term, from five to fifteen years in len
    12·1 answer
  • Blockchain technology is an emerging technology with potential applications in logistics, distributed ledgers, social media, fin
    8·1 answer
  • Interest Payable. At its December 31 year-end, the company holds a mortgage payable that has incurred $1,125 in annual interest
    6·1 answer
  • 1. Ebrima Kanteh works as a supervisor for an engineering company in Riyadh, Saudi Arabia. In the UK he had a reputation for spe
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!