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Andrew [12]
3 years ago
15

Roar Bros., a beverage manufacturing firm, recently launched a new energy drink. To make consumers aware of the new drink and to

stimulate their interest in it, the managers want to use owned media to promote the new product. In this case, the managers will most likely
Business
1 answer:
tatiyna3 years ago
3 0
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Slow​ 'n Steady,​ Inc., has a stock price of ​, will pay a dividend next year of ​, and has expected dividend growth of per year
wlad13 [49]

Answer:

Slow​ 'and Steady cost of equity​ capital is <u>11%</u>.

Explanation:

Note: The question is not complete as the important data are committed. The full question is therefore provided before answering the question as follows:

Slow n' steady Inc, has a stock price of $30, will pay a dividend next year of $3, and has expected dividend growth of 1% per year. what is your estimate of slow n steady's cost of equity capital?

The explanation to the answer is now given as follows:

The cost of equity can be calculated using the Gordon growth model (GGM) formula for calculating current stock price

The GGM has the assumption that there will be a stable dividend growth rate year after year forever.

Tje GGM formula is given as follows:

P = d1 / (r - g) ……………………………………… (1)

Where;

P = Current share price = $30

d1 = Next year dividend = $3

r = Required rate of return or cost of equity = ?

g = Expected dividend growth rate = 1%, or 0.01

Substituting the values into equation (1) and solve for r, we have:

30 = 3 / (r - 0.01)

r - 0.01 = 3 / 30

r - 0.01 = 0.10

r = 0.10 + 0.01

r = 0.11, or 11%

Therefore,  Slow​ 'and Steady cost of equity​ capital is <u>11%</u>.

5 0
3 years ago
Role of a veterinary doctor in rearing livestock effectively
Setler79 [48]

Explanation:

Over the years veterinary professionals have played significant and contributory roles in animal and human health and welfare, biomedical research, food quality, food safety, food security, ecology, ethology, epidemiology, microbiology, parasitology, pathology, physiology, psychology, radiology, research and development of pharmaceuticals, remedies, vaccines, and toxicology; also as educators, trainers, and policymakers, and also interlinked with wildlife conservation efforts and the protection of the environment and biodiversity. As challenges have risen, veterinarians have found ways to adapt given that their knowledge and training makes them multifunctional professionals. This aids societies so that its animals stay healthy and productive. It is not surprising that becoming a veterinarian is a highly popular career choice.

6 0
4 years ago
Kotter studied a number of successful general managers over a five-year period and found that they spend most of their time by t
il63 [147K]

The correct answer is false.

It is false that Kotter studied a number of successful general managers over a five-year period and found that they spend most of their time by themselves drawing up plans or worrying about important decisions

Philip Kottler has been considered to be a guru in management and marketing. He has spent many hours, days, and tears studying management styles, functions, and leadership in a considerable number of organizations and has realized the most important characteristics of a top management leader and modern marketing techniques in corporations.

His reconditions, written in some important and renowned books have become a "must-have" guide for modern leaders in the corporate world.

4 0
3 years ago
A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera
Oxana [17]

Answer:

d) $57,500

Explanation:

For computation of gross margin under absorption costing first we need to find out the unit product cost under absorption costing which is shown below:-

Unit product cost under absorption costing = Direct materials + Direct labor + Variable manufacturing overhead + (Fixed manufacturing overhead ÷ Units produced)

= $32 + $45 + $2 + ($43,500 ÷ 2,900)

= $32 + $45 + $2 + $15

= $94 per unit

Gross margin = Units sold × ( Selling price - Unit product cost under absorption costing)

= 2,500 × ($117 - $94)

= $57,500

5 0
3 years ago
When an impairment of an investment that is classified as available for sale occurs for a reason that is judged to be "other tha
CaHeK987 [17]

Answer: The correct answer is "Included in net income".

Explanation: When an impairment of an investment that is classified as available for sale occurs for a reason that is judged to be "other than temporary," the investment is written down to its fair value and the amount of the write-down is <u>included in net income.</u>

5 0
3 years ago
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