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makkiz [27]
2 years ago
15

Gilmore, Inc., just paid a dividend of $3.20 per share on its stock. The dividends are expected to grow at a constant rate of 6.

25 percent per year, indefinitely. Assume investors require a return of 12 percent on this stock. What is the current price?
Business
1 answer:
daser333 [38]2 years ago
7 0

Answer:

The current price is $55.65 as computed below.

Explanation:

The current price of the stock can be computed using the below formula:

Price=dividend/(rate of return-growth rate)

price=$3.20/(0.12-0.0625)

Price=$55.65

The stock of Jerome can be priced at $55.65 based on the fact that it offers return of 12% and the return is expected to grow at 6.25% in perpetuity.

This return shows that the actual return on shares is dividend dividend yield  as well as gains yield.Dividend is the return on the share based on dividends receivable from the share, while gains yield stem from share price appreciation

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The cases filed at The Cross Company related to gender discrimination include one in which a 33-year-old sales representative wa
Romashka-Z-Leto [24]

Answer:

Title VII of the CRA

Explanation:

Title VII of the Civil Rights Act (CRA) is a landmark federal law that aims to protect employees against discrimination based on race, colour, sex, nation of origin, or religion.

The act was made law in 1964.

In the given scenario a female sales representative with excellent performance review was not promoted for 8 years, while Jim a male sales representative was promoted in just 18 months.

This is a gender based discrimination and is covered by Title VII of the CRA.

Age discrimination does not apply because it addresses discrimination of employees with minimum age of 40 years.

Equity act requires that employees on the same job role are compensated equally. This does not also apply.

Rehabilitation act prevents discrimination based on disability. This does not also apply

5 0
3 years ago
Reviewing the Budget
vekshin1

Answer:

For each month we calculate the variance by finding the difference between the Actual numbers and Budget numbers.

Then we indicate if the practice was "Overbudget" or "Underbudget".

If the actual numbers are less than the budget numbers, the budget is we say that the budget is under budget.

If the actual numbers are more than the budget numbers, the budget is we say that the budget is over budget.

Month    Budget   Actual               Variance        Under/ over  

<u>                                                              (Actual -Budget)   Budget </u>

January  23,55,872   17,90,929      -5,64,943      Under Budget

February  26,54,031   28,27,606       1,73,575      Over Budget

March  22,39,980   29,24,180        6,84,200      Over Budget


4 0
3 years ago
Read 2 more answers
A decision-making process that compares how much time and effort would be invested in providing assistance to the perceived rewa
Sav [38]

Answer:

The correct answer to the following question will be "Cost-benefit analysis".

Explanation:

The cost-benefit analysis also referred to as Benefit-cost analysis, is a strategic approach to evaluating the weaknesses and strengths of approaches used only to define solutions that provide the best strategy for generating advantages while retaining costs.

This can be used to assess implemented or future actions or to measure the benefit of decision, initiative or program costs.

Therefore, this will be the right answer.

3 0
2 years ago
A firm has the following cost and marginal cost​ functions: Upper C left parenthesis q right parenthesis equals 64 plus q square
velikii [3]

Answer: Minimum efficient​ scale is 8 units.

Explanation:

Given that,

Cost function: C(q) = 64 + q^{2}

Marginal cost function: MC = 2q

Average cost: AC = \frac{C(q)}{q}

                             = \frac{64 + q^{2}}{q}

                             = \frac{64}{q} + q

The minimum efficient scale is at a point where MC = AC

2q =  \frac{64}{q} + q

q^{2} = 64\\q = \sqrt{64} \\q = 8

Therefore, minimum efficient​ scale is 8 units.

8 0
3 years ago
Alcohol prevents your organs and tissues from getting oxygen they need by
Anna71 [15]

Alcohol slows your heart rate, preventing your organs and tissues from getting the blood that they need. ... Alcohol slows down your respiration, reducing the amount of oxygen that enters your bloodstream.

6 0
3 years ago
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