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
DedPeter [7]
2 years ago
6

"The next dividend payment by Savitz, Inc., will be $1.60 per share. The dividends are anticipated to maintain a growth rate of

6 percent forever. If the stock currently sells for $30 per share, what is the required return? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)"
Business
1 answer:
Ksivusya [100]2 years ago
3 0

Answer: 11.33%

Explanation:

We will use the constant growth model to calculate the required stick of return. This will be:

R = (D1 / Po) + G

R = ($1.60/$30) + 6%

R = 0.0533 + 0.06

R = 0.1133

R = 11.33%

The required return is 11.33%

You might be interested in
Flynn Industries has three activity cost pools and two products. It estimates production 2,000 units of Product BC113 and 1,000
cupoosta [38]

Answer:

Follows are the instructions to this question:

Explanation:

Given:

Configuration of machine = \$16,000 \ \ \ \ 40  \ \ \ \ 25 \ \ \ \ 15

Machine hours= \$110,000  \ \ \ \ 5,000  \ \ \ \ 1,000 \ \ \ \  4,000

Order on Packing= \$30,000\ \ \ \  500 \ \ \ \ 150 \ \ \ \ 350

We have to use the following formula in order to measure the expected production overhead rate:

Estimated overhead production rate= Total projected production expenses and for period/Total base allocation sum

Machine Configuration =\frac{16,000}{(40+25+15)}= \frac{16,000}{80} =\$200 / \ setup

Machining hour= =\frac{110,000}{(5,000 + 1,000 + 4,000)} =\frac{110,000}{(10,000)}= \$11 / \  machine \ hour

Packing= \frac{30,000}{(500 + 150 + 350)}= \frac{30,000}{1000}= \$30/ \ order

6 0
2 years ago
Reuben forces his way into the house of an elderly couple. He tells the lady that if she does not help him in carrying out a ban
Paul [167]

Answer:

Duress/Coercion/Compulsion

Explanation:

Duress or Coercion or Compulsion: This type of defense involves someone else threatening to use force or violence to get you to do something against your better judgment. Essentially, it means you were forced to commit a crime. In this case, Reuben want to entangle the elderly lady into the crime of bank heist by threatening to shoot her husband.

For a defense of Duress/Coercion/Compulsion: the person must be forced to commit the offence. The person under duress (illegal coercion usually through being threatened or the use of violence) must be present when the offence is committed. The person must believe that the threat will be carried out.

4 0
3 years ago
Read 2 more answers
Cadets at West Point spend time during the summer learning about the branches of the Army like aviation, infantry, ordnance, fin
vovikov84 [41]

Answer:

b. rotation

Explanation:

  • correct answer is rotation because Job rotation is a management approach where employees are regularly moved between two or more tasks or jobs to expose them to all work areas of the company.
  • This is a pre-planned approach aimed at testing the skills and capabilities of employees so that they can be implemented. In addition, it reduces the change of job and gives them a broader experience and helps them gain more insight.
  • Job rotation is a well-planned exercise to reduce boredom and learn the employee's hidden ability to do the same thing. This process is useful for management and employees
8 0
2 years ago
Kalyan Singhal Corp. makes three products, and it has three machines available as resources as given in the following LP problem
alukav5142 [94]

Answer:

a) X1=5.64

X2=4.57

X3= 8.59

Optimal solution=104.77

b) Additional hour on machine 3 = 105.42 – 104.77 = 0.64

c) Additional 15 hours on machine 2 = 105.37-104.77 = 0.6

Explanation:

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  SOLVED WITH EXCEL SOLVER.

4 0
3 years ago
Jefferson Cleaning signed an agreement with Willis Company on December 15 to provide cleaning services every Friday. The service
uysha [10]

Answer:

Debit Accounts Receivable, $225; credit Fees Earned, $225

Have a fantastic Day!

5 0
2 years ago
Other questions:
  • Terapin Company engages in the following external transactions for November.
    8·1 answer
  • When valuing a stock using the constant-growth model, d1 represents the?
    10·1 answer
  • Why are both life expectancy and quality of life used to evaluate overall health?
    15·1 answer
  • ohnstone Company is facing several decisions regarding investing and financing activities. Address each decision independently.
    8·1 answer
  • Explain how to structure discounts so that they encourage customers to spend money and keep the business profitable. Be sure to
    7·1 answer
  • The internal financial statements of Vera Incorporated show that their beaded purses incurred an operating loss in the most rece
    13·1 answer
  • Mr. Isaac is lending Gh₵20000 to Mr. Hayford, to be repaid over five years. Mr. Isaac would like to effect a policy on Mr. Hayfo
    10·1 answer
  • What type of hazard could occur by wearing jewelry while preparing food
    13·1 answer
  • Crystal Displays Inc. recently began production of a new product, flat panel displays, which required the investment of $1,500,0
    12·1 answer
  • Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!