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iren [92.7K]
3 years ago
11

Harbour View Company common stock has a $30 par value and is currently selling for $65. Industry analysts are predicting dividen

ds to grow at 7.5 percent per year for the foreseeable future. Recently, Harbour View paid a dividend of $1.70. What is the expected rate of return for the stock
Business
1 answer:
madam [21]3 years ago
4 0

Answer:

The expected rate of return on this stock is 10.31%

Explanation:

The constangt growth model of the DDM approach is used to calculate the price of a share based on the edxpected future dividends from a stock that are growing at a constant rate. The formula for price using constant growth model is,

P0 = D0 * (1+g) / (r - g)

Plugging in the values,

65 = 1.7 * (1+0.075) / (r - 0.075)

65 * (r - 0.075) = 1.8275

65r - 4.875 = 1.8275

65r = 1.8275 + 4.875

r= 6.7025 / 65

r = 10.31% or 0.1031

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gladu [14]

Answer:

Option C is Correct ($56,400)

Cost of the company's ending work-in-process inventory=$56,400.

Explanation:

Option C is Correct ($56,400)

Given:

Ending Work in process=2000 units

Conversion= $22

Material= $15

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Required:

Cost of the company's ending work-in-process inventory=?

Solution:

Material Cost= $15

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Cost of the company's ending work-in-process inventory=2000*28,2

Cost of the company's ending work-in-process inventory=$56,400.

5 0
3 years ago
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<h2>Choices companies give customers of the features to be included on the products they purchase are known as "options".</h2>

Explanation:

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Example 1: Shampoo

Shampoo is the basic product, adding on to it with little conditioner effect and fragrance enhance the existing model and customer likes the enhanced feature / option.

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A basic automobile with rear mirror, seat cover, carpets, etc to attract customer.

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Features are added to keep the product live in the market.

7 0
3 years ago
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Answer:

Increased

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The best theory which could be used in telling us why there is more and more tattling in the school-age group would most likely be either behavioral or cognitive - so A or B. However, it's most likely that the correct answer would be A as behavioral theories of behavior seem to be more effective for discovering such things. 
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3 years ago
A business chartered by a state that legally operates as a separate entity from the owner(s) is called
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A business operated by state legally...... is called corporation 

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