1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Goshia [24]
3 years ago
11

The Red Bud Co. pays a constant dividend of $2.40 a share. The company announced today that it will continue to do this for anot

her 2 years after which time they will discontinue paying dividends permanently. What is one share of this stock worth today if the required rate of return is 8.0 percent
Business
1 answer:
ElenaW [278]3 years ago
5 0

Answer:

$4.44

Explanation:

P0 = $2.40 / 1.08+ $2.40 / 1.08 = $4. 44

You might be interested in
You own a house near the beach. Your Home Owners insurance has an annual premium of $1,250. However,since you live only 112 feet
vampirchik [111]

Answer:

1,437.50

Explanation:

6 0
3 years ago
What does the size of the dividend per share of stock depend on?
docker41 [41]
The size of the dividend per share of stock depend on : The corporation's profit

Dividend per share is calculated by : Total dividend / Total shares outstanding,

Which mean that dividend per share will increase if the total dividend increases.

Meanwhile total dividend will increased if the company gains more profit
7 0
3 years ago
Read 2 more answers
on a visit to Russia you re offered a dessert that combines sweetened cheese with candied fruit and almonds you' re being served
valkas [14]
You're being served a Pashka
5 0
3 years ago
Ari, Inc. is working on its cash budget for December. The budgeted beginning cash balance is $14,000. Budgeted cash receipts tot
Andreas93 [3]

Answer:

The company needs to borrow $25000 and option B is the correct answer.

Explanation:

If the ending amount of cash for the year is less than the desired ending balance, then the company will need to borrow to maintain the desired level of cash balance.

To calculate the amount needed to be borrowed, we first compute the ending cash balance for December. The ending cash balance will be,

Closing Balance = Opening Balance + Receipts - Payments

Closing Balance - December = 14000 + 127000 - 126000

Closing Balance - December = $15000

The difference between the closing cash balance and the desired closing cash balance is the amount that the firm will need to borrow.

Amount need to be borrowed = 40000 - 15000  =  $25000

6 0
3 years ago
Which one of the following statements is true?
Alecsey [184]

Answer:

b. A manufacturing company will normally have raw materials, work in process, and finished goods as inventory account classifications.

Explanation:

A manufacturing unit will generally follow, three step completion of goods while manufacturing, as in primary state the company requires raw material for processing it and making it finished good.

After that the goods are processed and as all goods require some further time to process, some goods remain in between some stage called, work in process, where some processing is done, and some is left.

The last stage is to become a finished good, once the goods are completed, it is called finished goods and then goods are aimed to be sold.

Therefore, correct statement is statement B.

6 0
3 years ago
Other questions:
  • Chantel works at Coca-Cola. To make the required sales number, Chantel sent more Coca-Cola products to their distributors than w
    14·1 answer
  • Gipple Corporation makes a product that uses a material with the quantity standard of 7.3 grams per unit of output and the price
    9·1 answer
  • Manufacturing overhead has an overallocated balance of​ $7,800; raw materials inventory balance is​ $62,900; work in process inv
    5·1 answer
  • A. English Common Law<br> B.Ethical dilemmas<br> C.Stare decisis<br> D.Utilitarian decision making
    14·1 answer
  • one way yo u can grow as an employee is seek _____wich can both positive or negative information about your performance.
    6·2 answers
  • Beauty salon opportunities and threats
    10·1 answer
  • A company is preparing financial statements using IFRS for the first time for the year ended December 31, 2018. The "transition
    10·1 answer
  • A company pays a constant 6.5 dividend on stock. The dividend will maintain for the next 12 years and cease forever. The require
    8·1 answer
  • Exercise 3-14A Prepare an adjusted trial balance (LO3-3, 3-4) Skip to question [The following information applies to the questio
    13·1 answer
  • 2. What are some ways you should categorize your financial documents (choose all that apply)
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!