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9966 [12]
3 years ago
7

A firm's dividends have grown over the last several years. 3 years ago the firm paid a dividend of $1. Yesterday it paid a divid

end of $7. What was the average annual growth rate of dividends for this firm? Round the answer to two decimal places in percentage form.
Business
1 answer:
podryga [215]3 years ago
4 0

Answer:

The average annual growth rate of dividends for this firm is 90.05%

Explanation:

In order to calculate the average annual growth rate of dividends for this firm we would to have to use the following formula:

A=P(1+r/100)^n

where

A=future value

P=present value

r=rate of interest

n=time period.

7=1*(1+r/100)^3

(7/1)^(1/3)=(1+r/100)

(1+r/100)=1.9005

r=(1.9005-1)*100

=90.05%(Approx).

The average annual growth rate of dividends for this firm is 90.05%

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Answer:

The Sheen’s cash flows from operating activities is $95 million

Explanation:

Cash flows from operating activities :

The cash flow from operating activities includes all those activities which are of short term period. Like changes in working capital or we can say increase in currents assets or decrease in current assets or increase/decrease in current liabilities.

The increase in current liabilities increase the cash balance, hence it is added and decrease in current liabilities decrease the cash balance. But in the case of current asset, it is opposite.

The depreciation expense and loss on sale of equipment is added. So, we take them in the computation part.

The cash flow from operating activities is equals to

= Net income + depreciation expenses + loss on sale of equipment - increase in accounts receivable +  increase in accounts payable - increase in inventory

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8 0
3 years ago
Suppose there are 100 consumers in the computer speaker market, each with an identical demand curve given by Qi = 10 – 0.1P, whe
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Answer:

Equilibrium Price = 40 ; Equilibrium Quantity = 600

Explanation:

Equilibrium is where : Market Quantity Demanded =  Market Quantity Supplied

Market Quantity Demanded = No. of Consumers x Individual Demand Curve

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Quantity Demanded = 1000 - 10 (40) = 1000 - 400 = 600

Quantity Supplied = 20 (40) - 200 = 800 - 200 = 600

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This in in line with the law of diminishing marginal product of labour .

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Im not so sure yu should ask somebody thats really good in math sorry i couldnt help
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A farmer has the ability to grow either corn or cotton or some combination of the two. Given no other information, it follows th
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