The required rate of return is $3.42%
<h3>What is Perpetuity?</h3>
A constant cash flow with indefinite period of time is called perpetuity. In this question a perpetual payment of dividend is being made. so the price of the share is calculated by the formula of perpetuity.
<u>Given:</u>
Present value of perpetuity = $92 per share
Cash flows = $3.15 every year
<u>Find:</u>
Rate of return can be calculated from the perpetuity formula
Present value of perpetuity = Cash flows / Required rate of return
Present value of perpetuity = Cash flows / Required rate of return
$92 = $3.15 / Required rate of return
Required rate of return = $3.15 / $92
= 0.0342
= $ 3.42%
Therefore the Required return for Oberholser, Inc will be 3.42%.
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Answer:
intranet
Explanation:
The term that is being described in this question is known as the company's intranet. This network is mainly used in order for the company's public tools and information to be accessed by anyone that may need it and has been giving access to it. This facilitates many different aspects and partnerships for the company, as those who have access can quickly and easily grab and use what they need off of the network to easily get things done and solve problems without needing direct involvement from the company.
Answer:
The Sun is 91.452 million miles away from Earth.
Explanation:
Hope it helped!
Answer and Explanation:
a. The computation of cost of ending work in process inventory for materials, conversion, and in total is shown below:-
For material = 2,080 × $15.66
= $32,572.80
For conversion = 930 × $6.23
= $5,793.90
For total cost of work in process inventory = $32,572.80 + $5,793.90
= $38,366.70
b. The computation of cost of the units completed and transferred out for materials, conversion, and in total is shown below:-
For material = 21,700 × $15.66
= $339,822
For Conversion = 21,700 × $6.23
= $135,191
For total cost of completed and transferred units = $339,822 + $135,191
= $475,013
Savings accounts . . .
interest rates are most determined by the state of
the national economy.
Mutual funds . . .
Treasury bills . . .
traded on nationwide exchanges; prices and returns
are pretty uniform nationwide.
Real estate . . .
rests directly on local conditions in each city, and sometimes even in
different parts of the same city;
affected by things like local unemployment, local bad weather,
local price of gas, local tourism, local special events, etc.
