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Nostrana [21]
3 years ago
7

The next dividend payment by Hoffman, Inc., will be $2.80 per share. The dividends are anticipated to maintain a growth rate of

5.25 percent forever. If the stock currently sells for $49.20 per share, what is the required return
Business
2 answers:
Misha Larkins [42]3 years ago
6 0

Answer:

the required return is 10.94%

Explanation:

The computation of the required return is shown below:

Po = D1 ÷  (Ke - g)

$49.2 = $2.8 ÷ (Ke-.0525)

Ke-.0525 = $2.8 ÷ $49.2

= 0.0569105691

Ke = 0.0569105691+.0525

= 10.94%

hence, the required return is 10.94%

Katena32 [7]3 years ago
4 0

Answer:

10.94%

Explanation:

(Dividend/price)+growth rate

(2.80/49.20)+0.0525=10.94%

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The King Corporation has total annual revenue of $800,000; expenses other than depreciation of $350,000; depreciation expense of
tatiyna

Answer:

Results are below.

Explanation:

<u>First, we will determine the net income for tax purposes:</u>

Sales= 800,000

Expenses other than depreciation= (350,000)

Gross profit= 450,000

Depreciation= (200,000)

EBT= 250,000

Tax= (250,000*0.34)= (85,000)

Depreciation= 200,000

Net income= 365,000

<u>Now, for reporting purposes:</u>

Gross profit= 450,000

Depreciation= (130,000)

EBT= 320,000

Tax= (320,000*0.34)= (108,800)

Depreciation= 130,000

Net income= 341,200

8 0
3 years ago
You plan to deposit $4,700 at the end of each of the next 25 years into an account paying 10.3 percent interest. a. How much wil
Ganezh [65]

Answer:

Final Value= $483,603.80

Explanation:

Giving the following information:

You plan to deposit $4,700 at the end of each of the next 25 years into an account paying 10.3 percent interest

We need to calculate the final value using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit= 4,700

n= 25

i= 0.103

FV= {4,700*[(1.103^25)-1]} / 0.103= $483,603.80

4 0
3 years ago
Which eoc configuration aligns with the on-scene incident organization
ludmilkaskok [199]

<u>Answer:</u>

<em>ICS or ICS-like EOC structure aligns with the on-scene incident organisation.</em>

<u>Explanation:</u>

A Emergency operation centre focus (EOC) is a headquarters and control office in charge of completing the standards of crisis readiness and crisis the board, or calamity the executives capacities at a key level during a crisis, and guaranteeing the congruity of activity of an organization, political.

ICS is far reaching being used from law implementation to consistently business, as the essential objectives of clear correspondence, responsibility, and the productive utilization of assets are regular to the occurrence and crisis the board just as every day activities.

5 0
3 years ago
Read 2 more answers
In credit terms of 3/15, n/45, the 3 represents the
Olin [163]

Answer:

The 3 represents the percentage of cash discount. It means the cardholder will receive a 3% discount if the bill is paid within 15 days from the billing date.

6 0
3 years ago
g A REIT with 100 shares outstanding earns $1,000 in rent and incurs operating expenses of $400. In addition, the REIT owns prop
anygoal [31]

Answer: $1.90

Explanation:

The dividend payment that has to be made needs to be less than the Earnings per share in order for the REIT to maintain its tax exempt status.

EPS = (Net income - Expenses) / Number of shares

Expenses = Operating expenses + Depreciation

= 400 + (6,000 / 15 years)

= $800

EPS = (1,000 - 800) / 100

= $2.00

<em>The only option less than $2.00 is the first option of $1.90 so this is correct. </em>

5 0
3 years ago
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