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Alex73 [517]
4 years ago
14

Tresnan Brothers is expected to pay a $3.00 per share dividend at the end of the year (i.e., D1 = $3.00). The dividend is expect

ed to grow at a constant rate of 8% a year. The required rate of return on the stock, rs, is 13%. What is the stock's current value per share? Round your answer to two decimal places.
Business
1 answer:
Mama L [17]4 years ago
5 0

Answer:

Tresnan Brothers Current stock value per share is $60

Explanation:

Using the formula

Stock Price = D1 / (r - g)

Stock Price = $3 / (13%-8%)

Stock Price = $3 / 5%

Stock Price = $60

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Martha worked for a marketing company with a casual atmosphere and informal culture. The company declared bankruptcy. Martha can
Elis [28]

Answer: Practical intelligence

Explanation: In simple words, practical intelligence refers to the ability of an individual to shape and fit itself according to the demands of the environment.

In the given case, Martha worked with a company  that had a casual and open atmosphere. But after joining employment in a bank she herself understood that different attitude will be needed there to work. She herself adjusted her personality and dressing  as per the demand of the environment.

Hence from the above we can conclude that she is exhibiting practical intelligence.

7 0
4 years ago
The two categories of cost comprising conversion costs are
Dmitry [639]

Answer:

b. direct labor and factory overhead

Explanation:

The conversion cost is that convert which is used to convert the raw material to the finished goods inventory. It is a combination of the direct labor cost and the factory overhead or manufacture overhead cost.

It can be fixed or variable marinating costs only. It does not include direct material cost

It is computed by taking a difference of production cost and raw material cost

Hence option b is correct

7 0
3 years ago
Digital assets encompass any computer-related resources that are owned by an organization if the assets were created on the comp
german

Answer:

The statement is: True.

Explanation:

Digital assets represent all the virtual creations of individuals made on computers within an organization. Digital assets are intangible, meaning they cannot be perceived with the senses but they are stored and displayed in servers (or the cloud) for its corporate use. Digital assets include<em> illustrations, logos, presentations, reports, spreadsheets, e-mails, </em>and <em>websites</em>, among others.

5 0
3 years ago
Effective corporate governance is essential in large corporations because corporate ownership (by shareholders) is separated fro
nalin [4]

Answer:

False

Explanation:

Outside directors are members of the board of directors that are not employees of the corporation. While an inside director is a member of the board that is also employed by the corporation, e.g. CEO.

Corporations are separate entities form their stockholders, that is why limited liability applies to them. The board of directors doesn't have to include stockholders or employees, they usually do, but it is not required by law. Outside directors should very experienced and capable individuals that possess certain expertise that can help the corporation. Also, the board should control and supervise upper management, but if only inside directors were admitted into it, then who would control them?

7 0
3 years ago
Read 2 more answers
The way the staff looks tells the customer a great deal about the way the organization is managed.
Anni [7]
The answer is true :)
7 0
3 years ago
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