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
cricket20 [7]
3 years ago
15

Bouchard Company's stock sells for $20 per share, its last dividend (D0) was $1.00, its growth rate is a constant 6 percent, and

the company must pay flotation cost equal to 20 percent when it issues new common stock. What is Bouchard's cost of issuing new common stock?
a. 11.00%
b. 12.25%
c. 12.63%
d. 11.30%
e. 11.56%
Business
1 answer:
katen-ka-za [31]3 years ago
5 0
A. 11.00% hope this help
You might be interested in
Emerson Inc.'s would like to undertake a policy of paying out 45% of its income. Its latest net income was $1,250,000, and it ha
AfilCa [17]

Answer:

$2.50

Explanation:

Given that,

Dividend Paying out under a policy = 45% of its income

Net income = $1,250,000

Number of shares outstanding = 225,000

Total dividends:

= 45% of its income

= $ 1,250,000 × 45%

= $562,500

Dividend per share:

= Total dividends ÷ Number of shares outstanding

= $562,500 ÷ 225,000

= $2.50

7 0
3 years ago
According to the textbook, in which medium do advertisers spend the most money in
alexandr1967 [171]

Answer:

TV.

Explanation:

Advertising is understood to be any manifestation made by a company or seller in a public mass media, aimed at convincing individuals to consume the product that it produces and sells. Thus, all companies seek to capture market portions through the marketing of their products, where they make them known and generate expectations and needs in potential clients.

Nowadays, and since the 90's, the main advertising medium is television. Prior to this, radio, newspapers and magazines were at the forefront of advertising, until TV became a massive and common element in all American homes. Thus, companies guarantee their presence in every home by investing in television advertising.

Even so, in the near future it is estimated that it will be the internet where companies begin to advertise on a larger scale, given the displacement that this service is having over television.

7 0
3 years ago
Comparing Costs of Credit Using Three Calculation Methods. You have been pricing a compact disk player in several stores. Three
Solnce55 [7]

Answer:

Store A = 3.4521

Store B = 2.9589

Store C =  4.4384

Explanation:

Store A charges ADB method

purchase made on 5th first payment on 15th of 100

so from 5th to 15th Average daily balance =300 for 10 days

then from 15th to 4th for remaining 20 days average daily balance = 200

Average Daily Balance = (300*10+200*20)/30

Total finance charge = ADB*(APR*(Days/365))

=300*((0.18)*(10/365))+200*((0.18)*(20/365))

= 1.4795+1.9726=3.4521

Store B

Adjusted Balance Method uses adjusted balance to calculate the charges

Adjusted balance=Starting balance adjusted for credit and debit

Adjusted balance =300-100=200

Financial Charges = 200*(.18*(30/365))=2.9589

Store C

Previous Balance Method the interest is calculated on amount of balance carried from previous billing cycle

Balance Carried = 300

Charges =300*(.18*(30/365))= 4.4384

7 0
3 years ago
Read 2 more answers
Eric's Used Book Store prepares its financial statements in accordance with IFRS. Inventory was purchased for €6 million and lat
andrew-mc [135]

Answer:

€6 million

Explanation:

As we know that

According to the International Financial Reporting Standards, if the net realizable value of the inventory increases then the written down of reversal value is required

And according to the GAAP, the inventory should be valued at lower of cost or net realizable value

So in the given case, the inventory is purchased at €6 million and now it is estimated value is  €7 million so the lower value i.e €6 million should be reported on the balance sheet.

4 0
3 years ago
Using the data set below, what would be the forecast for period 5 using the exponential smoothing method? Assume the forecast fo
elena55 [62]

Answer:

The answer is C: 14300

Note: The actual answer is 14296, <em>and </em>the closest to that was option C.

Explanation:

Formula to calculate forecast using Exponential smoothing:

  •    F_{t} = F_{t-1} + \alpha ( A_{t-1} - F_{t-1} )

Where,

  • F_{t} = New Forecast
  • F_{t-1} = Previous period's forecast.
  • \alpha = Smoothing Constant
  • A_{t-1} = Previous period's Actual Demand.
  1. Calculating the forecast for period 5:

Data:

  • F_{5} = ?
  • F_{t-1} = 14000
  • \alpha = 0.4
  • A_{t-1} = 14750

Putting <em>values in the formula:</em>

F_{5} = 14000 + 0.4(14750-14000)

F_{5} = 14000 + 0.4 (740)

F_{5} = 14000 + 296

F_{5} = 14296

4 0
3 years ago
Other questions:
  • Bulluck Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or Rate Direct m
    7·1 answer
  • Jack has $1,000 to invest. He has a choice between municipal bonds with an interest rate of 4% or corporate bonds with an intere
    13·1 answer
  • Poulter Corporation will pay a dividend of $3.25 per share next year. The company pledges to increase its dividend by 5.1 percen
    13·1 answer
  • Which of the following is not a benefit of a store channel shopping experience?
    14·1 answer
  • A country that believes an imported product is being sold in its market for a price lower than the cost of production for the pr
    9·1 answer
  • Essence of Skunk Fragrances, Ltd., sells 5,750 units of its perfume collection each year at a price per unit of $445. All sales
    13·1 answer
  • PLZ I NEED HELP THIS IS IN FOUNDATIONS BTW PLZ HELP WITH WORK. :/
    14·1 answer
  • A 4-year bond pays 4% annual interest (paid semi-annually). It currently sells for $872.25. What is the bond's yield to maturity
    12·1 answer
  • Currently in the united states, money is backed by:____.
    5·1 answer
  • The sales price, acquisition costs, and capital improvement costs (such as renovations or additions) of a property combine to ma
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!