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
Degger [83]
2 years ago
14

Value a Constant Growth Stock Financial analysts forecast Best Buy Company (BBY) growth for the future to be 14.00 percent. Thei

r recent dividend was $1.19. What is the value of their stock when the required rate of return is 15.43 percent
Business
1 answer:
postnew [5]2 years ago
8 0

Answer:

$94.87

Explanation:

Value of stock = Dividend * (1 + Growth rate) / (Required rate - Growth rate)

Value of stock = $1.19 * (1 + 0.14) / (0.1543 - 0.14)

Value of stock = $1.19 * 1.14 / 0.0143

Value of stock = $1.3566 / 0.0143

Value of stock = 94.8671329

Value of stock = $94.87

You might be interested in
Crane Company purchased $1080000 of 8%, 5-year bonds from Swifty, Inc. on January 1, 2021, with interest payable on July 1 and J
nasty-shy [4]

Answer: $27,864

Explanation:

The amount that should be recorded as other comprehensive income is the fair value less the sales price and the amortized premiums to reflect the true value of the investment,

= 1,164,000 - 1,129,896 - 3,048 - 3,192

= $27,864

$27,864 is the amount Crane Company should report as other comprehensive income and as a separate component of stockholders’ equity.

6 0
3 years ago
A face-saving technique in which all parties involved in an embarrassing situation ignore it and continue their
Marina CMI [18]
C) Studied nonobservance   <span>

A face-saving technique in which all parties involved in an embarrassing situation ignore it and continue their conversation or interaction as though the embarrassing situation never happened is referred to as studied nonobservance. In this case, studied nonobservance is the act of diminishing or undermining a set of faulty, distressing or embarrassing behaviors or actions. Includes the flaws, lack of awareness and defects are ceased to keep the person or individual “on the move” as not to ruin the ego or the self. </span>  



7 0
3 years ago
Gdp is $8 trillion. if consumption is $5 trillion, investment is $1 trillion, and government purchases are $2 trillion, then:___
Sedaia [141]

Exports are equal to imports when Gdp is $8 trillion. if consumption is $5 trillion, investment is $1 trillion, and government purchases are $2 trillion

Given -

Gross Domestic Product = $8 trillion

Consumption Spending = $5 trillion

Investment Spending = $1 trillion

Government Purchases = $2 trillion

The GDP is calculated as follows -

Gross Domestic Product = Consumption + Investment + Government Purchases + Net Exports

Since other components are given, net exports can be calculated.

Net Exports = Gross Domestic Product - Consumption - Investment - Government Purchases

Net Exports = 8 - 5 - 1 - 2

Net Exports = 0

Therefore, Exports are equal to Imports

Learn more about GDP or Gross Domestic Product here

brainly.com/question/14768180

#SPJ4

4 0
2 years ago
Explain the link between scarcity and each of the followin​
Leto [7]

The link between the Scarcity and choice is the study of how individuals and society choose to allocate scarce resources.

<h3>What is the Meaning of Scarcity?</h3>

Scarcity refers to the insufficient or the shortage of the resources with the individual or in the particular nation. For Example In any Industry there is the shortage of the skilled workers.

The complete question is attached below.

The link between the Scarcity and the Opportunity Cost is that it has the direct implication on the scarcity. In decision making process, one must has to sacrifice the opportunity cost of that action.

The link between the Scarcity and competition is due to the Lack of resources which forces people to compete for the limited resources that are accessible because there aren't enough to satisfy everyone's wants.

Additionally, people would compete for the rationing tool, such as money, whatever it may be.

Learn more about Scarcity here:

brainly.com/question/13186252

#SPJ1

8 0
2 years ago
is the most comprehensive standard as it provides a set of requirements for a quality management system for all organizations, b
Greeley [361]

ISO 9001:2008 is the most comprehensive standard as it provides a set of requirements for a quality management system for all organizations, both private and public.

<h3>What is ISO 9001:2008 Quality management systems ?</h3>

It aims to increase customer satisfaction through the effective application of the system, including processes for continuous system improvement and the assurance of conformity to customer and applicable statutory and regulatory requirements. The ISO 9001:2008 standard outlines the specifications for a quality management system where a company must prove its capacity to consistently deliver a product that complies with customer and relevant legal and regulatory criteria.

No matter the type, size, or type of product offered, all requirements of ISO 9001:2008 are generic and intended to be relevant to all enterprises.

Any ISO 9001:2008 requirement(s) that cannot be applied because of the nature of the business or the product might be excluded.

When exclusions are made, claims of conformity to ISO 9001:2008 are not acceptable unless they are restricted to Clause 7 requirements and do not affect the organization's capacity or obligation to deliver a product that complies with the needs of the customer and any applicable legal and regulatory requirements.

To learn more about the, ISO 9001:2008 Quality management systems visit:

brainly.com/question/14217123

#SPJ4

8 0
1 year ago
Other questions:
  • Cost predictions should be confined to the relevant range, which is the range of activity expected for the organization. If the
    14·1 answer
  • You want the salespeople on your staff to perform at their best, thus you want to make sure they are properly supervised. In det
    8·2 answers
  • Find the amount of the payment to be made into a sinking fund so that enough will be present to accumulate the following amount.
    11·1 answer
  • How can you control your nervousness and make it work for you in your speeches?
    11·1 answer
  • Producer surplus is the area A. under the demand curve and above the price. B. between the supply and demand curves. C. below th
    15·1 answer
  • Bruce, a first-line supervisor at Lou’s Market, regularly uses abusive and derogatory words when dealing with his subordinates.
    14·1 answer
  • In the market for desk lamps, which of the following will increase demand? Choose one or more: A. If desks are a complementary g
    6·1 answer
  • Which of the following is a disadvantage of using a percentage-of-sales method to determine the marketing communications budget?
    7·1 answer
  • Which type of interest does not change over the life of a loan?
    14·1 answer
  • please use the above information to answer the following questions not down the multiples you calculated because they will be us
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!