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anygoal [31]
3 years ago
10

just paid an annual dividend of $3.00 per share last year. Management just announced that future dividends will increase by 2 pe

rcent annually. What is the amount of the expected dividend in year 5 g
Business
1 answer:
Misha Larkins [42]3 years ago
7 0

Answer: $3.31

Explanation:

Dividends will increase by 2% so using a future value formula would show the amount of dividends in year 5.

= 3 * ( 1 + 2%)⁵

= 3 * 1.1040808032‬

= ‭3.3122424096‬

= $3.31

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1. palmer luckey's backers were early adopters who enjoyed becoming part of the development process
garri49 [273]

The answer is a)True.....

8 0
3 years ago
The following refers to units processed by a breakfast cereal maker in August. Compute the total equivalent units of production
madam [21]

Answer:

Equivalent units of production= 746,000 units

Explanation:

Giving the following information:

Units completed 620,000 100%

Ending Work in Process 180,000 70%

<u>The weighted average method blends the costs and units of the previous period with the costs and units of the current period.</u>

<u></u>

Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production

Equivalent units of production= 620,000 + (180,000*0.7)

Equivalent units of production= 746,000 units

7 0
3 years ago
Jordan plans to add a porch to her house. The new 16' 18' porch will cost an average of $27 por square foot. Jorden also plans t
tatiyna

Question is incomplete as the cost of the sidewalk is not given :

Assume the sidewalk cost an additional $6 per foot. ​

Answer:

$8366

Explanation:

Given that :

Size of porch = 16 by 18 feets

Area of porch = (16 * 18) = 288 ft²

Cost per ft² = $27

Cost of porch = ($27 * 288) = $7,776

Sidewalk = 15feets

Cost per foot = $6

Cost of sidewalk = ($6 * 15) = $90

Cost of gate = $500

Total cost :

(cost of porch area + side walk + gate)

($7776 + $90 + $500) = $8366

Kindly note that the cost pwr foot of sidewalk was erroneously excluded and the value employed for the cost was only assumed.

7 0
3 years ago
Business plan are also called ROAD MAPS; it’s possible to travel without one, but it will only increase the likelihood of gettin
-BARSIC- [3]
It’s possible to travel without one, but it will only increase the likelihood of unorganisation, procrastination and no plans of what to do
3 0
3 years ago
Activity A1 takes 5 weeks, A2 takes 7 weeks, and A3 takes 4 weeks with a 50% probability and 10 weeks with a 50% probability. Wh
meriva

Answer:

12

Explanation:

The computation of the project completion time under the best-case scenario is shown below;

= Activity A1 weeks taken + activity A2 weeks taken

= 5 weeks + 7 weeks

= 12

We simply added the time taken by activity 1 and activity 2 so that the project completion time could come

5 0
3 years ago
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