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dybincka [34]
3 years ago
10

Some clouds do not rain and others do because the clouds that do not rain do not have enough water in them

Business
1 answer:
Alekssandra [29.7K]3 years ago
6 0
That’s wise i like it
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Driver Products recently paid its annual dividend of $2, and reported an ROE of 15%. The firm pays out 50% of its earnings as di
iragen [17]

Answer:

$29.70

Explanation:

Retention ratio = 1 - payout ratio

= ( 1  -0.5 )

= 0.5

Growth rate, g = ROE × Retention ratio

= 0.15 × 0.5

= 0.075

= 7.5%  

Required return = Risk - free rate + [ Beta × (Market rate- risk-free rate) ]

= 2.5% + 1.44 × (11% - 2.5%)

= 14.74%

Intrinsic value = \frac{\textup{D1}}{\textup{(Required return-Growth rate)
}}

=\frac{\textup{2}\times(1+0.075)}{\textup{(0.1474-0.075)
}}

= 29.69 ≈ $29.70

5 0
3 years ago
What is add sugar and starts with s and has 7 letters thanks if you answer!
saw5 [17]
Oh, my god look at a back. well done
8 0
3 years ago
On a timeline, a goal that will be achieved in __________ years will be to the right of one that will be achieved in __________
kari74 [83]

Answer: D. 14;10

Explanation: The answer is D. 14;10 because a date to the right on a number line is older. This means that the first number has to be larger than the second number, and only D has this.

7 0
3 years ago
Read 2 more answers
Pretax accounting income for the year ended December 31, 2021, was $53 million for Truffles Company. Truffles' taxable income wa
Anuta_ua [19.1K]

Answer:

$17,820,000

Explanation:

The amount of tax due to government authorities for the current period is referred to as current portion of income tax expense. It is calculated by product of current or enacted tax rate and taxable income for the period

Taxable income for 2021 = $66million

Enacted or current tax rate for 2021 = 27%

Current portion of income tax expense for 2021 = Taxable income x current tax rate = $66 million x 27% = $17,820,000million

Hence Current portion of income tax expense = $18 million

4 0
3 years ago
Given the following data on bond yields:
Alexandra [31]

Answer:

Explanation:

a) Confidence index=Yield on top-rated corporate bonds/ Yield on intermediate-grade corporate bonds

This year=9.3%/11.8%=0.788

Last Year=9.8%/11.3%=0.8673

b) From the calculations we can see that confidence index is decreasing from 0.8673 to 0.788.

4 0
4 years ago
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