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Helen [10]
3 years ago
7

The next dividend payment by Hot Wings, Inc., will be $4.25 per share. The dividends are anticipated to maintain a 3 percent gro

wth rate forever. Required:If the stock currently sells for $59 per share, what is the required return
Business
1 answer:
NARA [144]3 years ago
8 0

Answer:

10.20%

Explanation:

According to the Gordon constant growth model :

value = D1 / r - g

D1 = next dividend = $4.25

r = required return

g = growth rate = 3%

value = $59

$59 = $4.25 / r - 0.03

4.25 / 59 = r - 0.03

0.072034 = r - 0.03

r = 0.102034

r = 10.20%

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geniusboy [140]

Answer: as a medium meant to be used in conjunction with someone speaking.

Explanation:

Presentation slides are meant to augment what the person presenting is saying. They are to provide proof as well as a visual depiction of the words of the presenter so that the audience can understand the presentation better.

For instance, a person giving a presentation on the earrings potential of a business will use charts and tables to show the expected increase. The charts and tables will help show the point that the person is trying to make so that the audience understands.

3 0
3 years ago
Bruner Stores wants to have 500 shovels in ending inventory on December 31. Budgeted sales for December are 1,950 shovels. The N
Bas_tet [7]

Answer:

Purchases =  2100 shovels

Explanation:

given data

ending inventory = 500 shovels

Budgeted sales = 1,950 shovels

inventory = 320 shovels

to find out

How many shovels should Benson Stores purchase for December

solution

we know here ending inventory formula that is express as

Ending inventory  = Beginning inventory + Purchases - Sales   .......................1

put here value we will get Purchases

so that

500 = 320 + Purchases - 1950

Purchases =  500 + 1950 - 350

Purchases =  2100 shovels

7 0
3 years ago
If one of the parties in a court case doesn't agree with the verdict, what option is offered through the judicial system? everfi
muminat
<span>IF ONE OF THE PARTIES OF A COURT CASE DOES NOT AGREE WITH THE THE VERDICT THEY HAVE THE OPTION OF TRYING TO APPEAL IT AT A HIGHER COURT. IF THE COURT DECIDES DECIDES TO ALLOW THE APPEAL THEY HAVE THE OPTION OF ANOTHER COURT TRIAL.</span>
3 0
3 years ago
What natural resources have high value because of a shortage or scarcity of the product?
KonstantinChe [14]
Water, like in the movie rango. Other things are food, wood, and metals
5 0
4 years ago
what are the two fundamental qualitative characteristics that make accounting information useful for decision making?
Charra [1.4K]

Answer:

The answer is relevance and faithful representation.

Explanation:

Accounting information that is not relevant useful.

Relevance is when the accounting information in timely and use for taking major business and economic decisions.

Another one is faithful representation. Accounting information must be faithfully represented. It must be objective and free from bias.

If Accouting information is to be faithfully represented, it must have the following:

1. Completeness. There must be full disclosure of information. No material item or information must be omitted.

2. Error-free It must be 99percent error free.

3. It must be free from bias. Objectivity is the key.

8 0
3 years ago
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