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Soloha48 [4]
3 years ago
6

How much are you willing to pay for one share of LBM stock if the company just paid an annual dividend of $2.24, the dividends i

ncrease by 2.3 percent annually, and you require a return of 14.8 percent?
A. $19.29
B. $17.59
C. $18.21
D. $18.33
E. $19.33
Business
1 answer:
Licemer1 [7]3 years ago
7 0

Answer:

$18.33

Explanation:

The company just paid an annual dividend of $2.24

The dividend increase by 2.3% annually

= 2.3/100

= 0.023

The required return is 14.8%

= 14.8/100

= 0.148

Therefore the price that will be paid for one share of LBM stock can be calculated as follows

= 2.24 × (1+0.023)/(0.148-0.023)

= 2.24 × 1.023/0.125

= 2.29153/0.125

= $18.33

Hence $18.33 will be paid for one share of LBM stock

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Answer:

I.Communicates business activities

II.Identifies business activities

III.Records business activities

IV.Helps people make better decisions

Explanation:

Accounting is an information measurement system that identifies business activities, records the business transactions as they occur, in order in which they occur, communicate the result of operations to interested parties  which helps all the stakeholders make informed decision.

The main goal of accounting information is to communicate the true and fair view position of the entity to people that may want to make informed judgment on the entity.

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As lynn is working on writing the text that will be incorporated into a new magazine ad for her company’s line of handbags, she
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<h3><u>What is encoding?</u></h3>
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  • The encoder must ascertain how the audience will interpret the message and make necessary changes to ensure that the audience interprets the message as intended.
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Different signals require different levels of conscious thought when they are encoded. The encoder should also care for any "noise"—such as other messages, distractions, or influences—that could obstruct their message.

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Answer:

The answer is C.

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Demand pull inflation is a situation whereby people have more buying power due to the availability of cash thereby leading to high demand and consequentially leading to an increase in the price of goods and services by suppliers.

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