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Afina-wow [57]
4 years ago
10

Metallica Bearings, Inc., is a young start-up company. It announces that it will pay no dividends on its stock over the next nin

e years because it intends to reinvest all earnings to fuel growth. The company will pay a $10/share dividend at the end of year ten and will increase the dividend by 5.5% every year thereafter. If the required return on this stock is 13%, what is the current share price
Business
1 answer:
LiRa [457]4 years ago
6 0

Answer:

jjrgowqg

Explanation:

rejkgnekrmg

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lawyer [7]
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4 0
4 years ago
On September 18th, 2019 Microsoft Corp. announced that its board of directors declared a quarterly dividend of $0.51 per share,
AleksandrR [38]

Answer and Explanation:

The Journal entry is shown below:-

Retained earning Dr,             $3.932 B

      To Dividends payable                 $3.932 B

(Being dividend declared is recorded)

Working Note

Retained earning = 7.71 B × $0.51

= $3.932 B

Therefore for recording the dividend declared we simply debited the retained earning and credited the dividend payable.

8 0
4 years ago
"A call center has a total of 12 telephone lines coming into its customer service department, which is staffed by 5 customer ser
Dmitrij [34]

Answer:

A...increase

B...be unchanged

C....increase

Explanation:

It should be understood that it is only the telephone lines that was increased and not the number of the customer representatives, and also the number of the time they were using to attend to each customer was not reduced. So in this case, the number of customers that will be experience delay will definitely increase, why the time spent on phone by the customer representatives will remained unchanged, and the customer representatives utilization will increase too.

7 0
4 years ago
Licensee Ken has worked long hours with buyer client Patrick to negotiate an agreement to buy Jordan’s house. A day before closi
Varvara68 [4.7K]

Answer:

Ken must disclose this information as it is a material fact.

Explanation:

A material fact is a fact that a reasonable person would recognize as germane to a decision to be made, as distinguished from an insignificant, trivial, or unimportant detail. In other words, it is a fact, the suppression of which would reasonably result in a different decision; meaning it would be the most significant information when someone is making a decision, in this instance, whether or not Patrick would buy Jordan’s house. Falsification of a material fact that would cause a party to a contract to refrain from entering into the contract may be grounds for rescission, meaning that Ken has an obligation to disclose this information.

3 0
4 years ago
If a good is normal, then a decrease in price will cause a substitution effect that is?
denis-greek [22]

Explanation:

If a good is normal, then a decrease in price will cause a substitution effect that is The correct answer was: a. positive and an income effect that is positive.

8 0
1 year ago
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