I would say D makes the most sense
Answer:
From the calculation below Up-Towne Movers just paid a dividend of $3.13
Explanation:
The price of share=D1/r-g
The Do is the dividend just paid which is the unknown in the equation
g is the dividend growth rate of 4.3%
r is the required return of 11.1%
The share price is $46.00
$46=Do/(11.1%-4.3%)
46=Do/0.068
by cross-multiplication the equation becomes
$46*0.068
=Do
Do=$46*0.068
Do=$3.13
The dividend just paid by Up-Towne Movers is $3.13 as calculated above from the share price equation
Answer:
HOPE THIS HELPS GOOD LUCK
Explanation:
Station 4, 2,100/month Problem 11-11 The longest process on this "assembly line" will govern the output.
Therefore, the maximum output from this line will be: Output = available time/cycle time = (40 hours per week)*(60 minutes per hour)/1.5 minutes per
Answer:
The auditor is entitled to collect the audit fee and is not liable for $90 000.
Explanation:
Ace & King did their job in a competent way, the fact that the company's controller was doing something illegal is not their responsibility. External auditors work with the information that is given to them and their job is limited to analyzing them and making their conclusions about them.
In this case, the controller was the person responsible for giving the information to the auditing company, so he had the chance to direct their conclusions. An external auditor is not responsible for what happens inside a firm, and if someone steals money or assets, he/she is responsible for it.
Answer:
c. inferior good.
Explanation:
Inferior goods are items purchased buy a consumer as a result of his limited income such that when that consumer's purchasing power increases, he purchases other commodities in place of the one initially purchased.
Hence the purchase more T-bone steak and less hamburger is an indication that hamburger is an inferior good to the consumer.
