Please I need answers to the ocean sound college question
Thank you...
Answer:
$68.48
Explanation:
We have a stock that pays no dividends for 9years. Once the stock begins paying dividends, it will have a constant growth rate of dividends. We can use the constant growth model at that point. It is important to remember that general constant dividend growth formula is:Pt= [Dt× (1 + g)] / (R− g)This means that since we will use the dividend in Year 9, we will be finding the stock price in Year 10. The dividend growth model is similar to the PVA and the PV of a perpetuity: The equation gives you the PV one period before the first payment. So, the price of the stock in Year 10 will be:P9= D10/ (R− g) = $17 / (12.5/100 − 3.9/100) = $197.67
The price of the stock today is simply the PV of the stock price in the future. We simply discount the future stock price at the required return. The price of the stock today will be:P0= $197.67/ 1.125^9= $68.48
Answer:
Total Sales Units 55,600
Total Sales Budget 55600*83= $ 4614,800
Explanation:
PAIGE COMPANY
Sales Budget
For the year ending December 31, 2020
Quarter 1 2 3 4
Sales units 10,100 12,200 14,700 18,600
<u>Sales Price $ 83 $ 83 $ 83 $ 83</u>
<u>Sales Budget $838300 $ 1012600 $1220100 $1543800</u>
As the sales units for each quarter and unit sales price is given we can easily calculate the sales budget by multiplying the units with the units price.
Total Sales Units 55,600
Total Sales Budget 55600*83= $ 4614,800
Similarly the total units can be calculated by adding the units in the quarters and multiplying it with the unit cost will give the total sale budget for the year.
Answer:
It helps get everything done faster and better.
Explanation:
If you're using good tools obviously you'll get a better outcome in a better time.
