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lora16 [44]
3 years ago
5

Mitchell, Inc., is expected to maintain a constant 6.05 percent growth rate in its dividends, indefinitely. If the company has a

dividend yield of 4.55 percent, what is the required return on the company’s stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Required return %
Business
1 answer:
Mashutka [201]3 years ago
5 0

Answer:

Required Return = 10.60%

Explanation:

If there is no dividend and stock price in a question, then we have to calculate it from the required return's point of view.

The required return of a stock is the combination of two parts - dividend yield and a capital gain of dividend yield.

Therefore, the formula is,

The required return of the stock = Capital gains yield + dividend yield

Here, the dividends growth rate is the capital gains yield, therefore,

Required return of the stock = 6.05% + 4.55%

The required return of the stock = 10.60%

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7 0
3 years ago
During April, Cavy Company incurred factory overhead as follows:Indirect materials $10,500Factory supervision labor 4,000Utiliti
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Answer:

Date            Account Title                                       Debit          Credit

April             Factory Overhead                           $16,720

                    Indirect materials                                                    $10,500

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                     Utilities payable                                                     $  500

                    Accumulated Depreciation                                    $  620

                    Small tools                                                               $ 370

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3 0
3 years ago
A ______ the supply curve represents a change in supply while a ______ the supply curve represents a change in the quantity supp
Arisa [49]

A <u>shift </u><u>of</u> the supply curve represents a change in supply while a <u>movement </u><u>along</u> the supply curve represents a change in the quantity supplied.

Supply is defined in economics as the total amount of a specified product or service offered to consumers by a supplier at a specified time and price level. This is usually determined by market movements. For example, increased demand may prompt suppliers to increase supply.

In economics, supply is the number of goods that an individual or firm makes available in the market. This refers to the amount you are producing at a particular point in time. For example, if Apple made 100 of its iPhones, that would be the product to be launched. Supply can refer to the quantity available at a particular price or the quantity available across the price range displayed on the chart.

Learn more about Supply  here: brainly.com/question/2398546

#SPJ4

7 0
2 years ago
If the 3 employees are paid an additional $4/hour for any extra hours they work, they will be motivated to maintain their produc
amm1812

Answer:

The answer is "16 hours"

Explanation:

The 3 workers were paid an extra fee.

\frac{\$4}{hour} \\\\3 \times 4= 12 \ productivity \\\\

Their output rate will be sustained after the 4^{th}hour,

= 12 + 4 \\\\= 16 \ hours

4 0
3 years ago
The aggregate expenditure model can be written in terms of four spending categories. Which equation shows the relationship betwe
Kay [80]

Answer:

The correct answer is AE = C + I + G + NX.

Explanation:

Aggregate spending (in Keynes's opinion) is the key to economic activity, that is, what families, businesses and government plan to buy determines what companies will end up producing. In the first stage of the analysis, a simplified model excludes the government, assumes that there is no foreign sector, and that the level of real income or income (and not prices) is the main determinant of aggregate expenditure

7 0
3 years ago
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