What is the most important component of excellence in customer service?

stock currently sells for $35.25 per share. The dividend is projected to increase at a constant rate of 4.75% per year. The requ

USPshnik [31]

Answer:

The stock price 5 years from now will be 44.46

Explanation:

The stock price will increase like compound interest at the same rate as the dividends.

$Stock(1+ g)^{time} = Amount$

Stock 35.25

time 5

dividend grow rate 0.0475

$35.25 (1+ 0.0475)^{5} = Amount$

Amount 44.45588696

The stock price 5 years from now will be 44.46

<u>Reasoning:</u>

In five years, if we calcualte the gordon dividend growth model:

$\frac{divends_{year5}}{return-growth} = Intrinsic \: Value$

and year 5 dividends would be:

$Dividend\: (1+ g)^{5} = Divends_{year5}$

$\frac{Dividend\: (1+ g)^{5}}{return-growth} = Intrinsic \: Value$

we can arrange the formula like this:

$\frac{Dividend}{return-growth} \times (1+ g)^{5}= Intrinsic \: Value$

The first part is the current stock price so our formula is confirmed.

$$Market Value Today \times (1+ g)^{5}= Intrinsic \: Value$

6 0

3 years ago

Outose Concept manufactures small tables in its Processing Department. Direct materials are added at the initiation of the produ

True [87]

Answer:

C) $25,177

Explanation:

Spoiled units = (22,300 units + 76,400) - (72,900 units + 19,000)

=$98,700units -$91,900 units

= 6800 units

Normal spoilage = 5% × 72,900 units

= 3,645 spoiled units

Abnormal spoilage = 6800 units - 3645 units

= 3,155 units

Direct Materials ,Conversion Costs

WIP, beginning inventory$156,000$77,200

Costs added

during period 224,400 299,000

Total cost to account for 380,400 376,200

Divide by equivalent units*98,700 91,100

Equivalent-unit costs $3.85 $4.13

Equivalent unit

Direct Materials: 22,300 + 76,400 = 98,700 units

Conversion Costs: 72,900 + (19,000 x 60%) + 6800 = 91,100 units

Total cost per equivalent unit = $3.85 + $4.13 = $7.98

3155 units × $7.98 = $25,177

Therefore the cost allocated to abnormal spoilage using the weighted-average process-costing method will be $25,177

4 0

3 years ago

. Define a primary and secondary market for securities and discuss how they differ. Discuss how the primary market is dependent

Amanda [17]

Explanation:

Primary market for securities is one that provides access to buy new new issues of stocks and bonds of a company. A good example of primary market is an Initial Public Offering (IPO), organized by a company that wants to sell it's shares for the first time to investors.

While Secondary market, are places to sell securities to a secondary (second) buyer from the current security owner who bought from the primary market.

The primary market is dependent on the secondary market since it is the demand from the secondary market that determines the asset valuation of the primary market.

3 0

3 years ago

What style of leadership is grounded in the exchange relationship between the leader and the follower

Annette [7]

Answer: Transactional leadership

Explanation:

Transactional leadership a style of leadership that grounded in the exchange relationship between the leader and the follower.

For transactional Leadership, promotion of compliance is done through both rewards and punishment.

7 0

3 years ago

When a consumer is able and willing to buy a good or service, he or she creates which of the

krok68 [10]

C: They create demand.

7 0

3 years ago

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