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
nignag [31]
2 years ago
13

The next dividend payment by Savitz, Inc., will be $1.68 per share. The dividends are anticipated to maintain a growth rate of 6

percent forever. If the stock currently sells for $32 per share, what is the required return
Business
1 answer:
olasank [31]2 years ago
7 0

Answer:

The answer is 11.25%

Explanation:

Solution

Given that:

The next step to take is to calculate the required rate of return which is shown below:

The required rate = D₁/P₀₀ + g

Thus,

$1.68/$32 + 0.06%

=0.0525 + 0.06

=0.1125 or 11.25%

Therefore, the required rate of return is 11.25%

You might be interested in
2. At a consumer optimum, for all goods purchased, marginal utility per dollar spent is equalized. A high school student is deci
Greeley [361]

Answer:

The high school student should analyze the point at which the marginal cost equals the marginal benefit.

In other words, he or she should see if the increased costs of attending Petesburg University are more or less equal to the increased benefit that is gained from graduating from a more prestigious university.

The student should also analyze the possible opportunity cost in the future. Attending amore renowned college can result in better job prospects than doing otherwise. Higher salaries in the future could be given up if he or she chooses the cheaper option.

4 0
3 years ago
What is congressional oversight and how strongly is it pursued by Congress?
ivanzaharov [21]
The congressional oversight means that the Congress, that is the legislative branch of the government has the right to check on the work of the executive branch, mostly the president. It is actually not implemented very often, ans is considered a last resort method, for example when the president is impeached (the last impeachment was of Bill Clinton)

8 0
3 years ago
On August 5, 2021, Wildhorse Furniture shipped 30 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining s
elixir [45]

Answer:

$6,150

Explanation:

Calculation to determine what The total profit on units sold for the consignor is

Total profit=[ (20)×($820 - $320 )] - (20 × $820)(.05) - $1,710 - $570 - $750

Total profit=(20*$500)-($16,400*.05)-$1,710-$570-750

Total profit=$10,000-$820-$1,710-$570-750

Total profit=$6,150

Therefore The total profit on units sold for the consignor is $6,150

8 0
2 years ago
the two principal policy tools that the federal government uses to manage economic conditions are monetary policy and fiscal pol
steposvetlana [31]

Monetary policy is used to control the size of the money supply to stimulate or moderate business activity levels in the economy. in contrast, fiscal policy uses government spending and taxation to do the same.

<h3>What is monetary and fiscal policy?</h3>

Fiscal policy are the steps taken by the government to change the business levels in the economy. The tools of fiscal policy are taxes and government spending. Fiscal policy can be expansionary or contractionary.

Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes. Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing spending or increasing taxes

Monetary policy are policies taken by the central bank of a country to shift aggregate demand. The tools of monetary policy are open market operations, reserve requirement and discount rate.

Expansionary monetary policy are polices taken in order to increase money supply. Contractionary monetary policy are policies taken to reduce money supply.

To learn more about monetary policy, please check: brainly.com/question/3817564

#SPJ1

7 0
1 year ago
Which of the following statements about lump-sum taxes is correct A. A lump-sum tax means that tax revenues vary directly with G
Deffense [45]
D

Lump-sum taxes are described as regressive taxes, meaning that the more income one has, the less they pay in proportion of their income to tax. As a result, they all pay the same, which coincides with D.
3 0
3 years ago
Other questions:
  • A customer tells you that they “must have” a particular item that you are out of in your store. You can tell that the customer i
    8·2 answers
  • Karyn is a second-year college student. the job market in her field has not been very good in recent years, and she is very conc
    10·1 answer
  • Sean works in the human resource department of a well-known and highly respected maker of athletic equipment. He suggests that t
    13·1 answer
  • According to the market theory of wage determination, under what circumstances will wages for a particular group be highest?
    14·2 answers
  • At an activity level of 9,300 machine-hours in a month, Falks Corporation’s total variable production engineering cost is $829,5
    10·1 answer
  • you are planning to open a sandwich shop. you begin to think about the four functions of business—production, marketing, managem
    13·1 answer
  • One role of an organization's headquarters is to provide needed resources to its business units and to coordinate activities acr
    8·1 answer
  • Mixed economy is characterized by a co existence of?​
    5·1 answer
  • Using the following information, determine the location quotient for Motor City: employment in motor vehicle manufacturing withi
    12·1 answer
  • Lore Co. changed from the cash basis to the accrual basis of accounting during 2005. The cumulative effect of this change should
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!