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Olegator [25]
3 years ago
8

Dyer Furniture is expected to pay a dividend of D1 = $1.25 per share at the end of the year, and that dividend is expected to gr

ow at a constant rate of 6.00% per year in the future. The company's beta is 1.95, the market risk premium is 5.50%, and the risk-free rate is 4.00%. What is Dyer's current stock price? Select the correct answer. a. $13.66 b. $12.32 c. $11.65 d. $12.99 e. $14.33
Business
1 answer:
amid [387]3 years ago
5 0

Answer:

$11.65

Explanation:

The first step is to calculate the return

= 4/100 + 1.95(5.50/100)

= 0.04 + 1.95(0.055)

= 0.04 + 0.10725

= 0.14725

The stock price can be calculated as follows

= 1.25/0.14725-0.04

= 1.25/0.10725

= $11.65

Hence the stock price is $11.65

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Kimberly has been helping Jonah in preparing his personal income tax forms for a couple of years. Jonah's boss recommended Kimbe
den301095 [7]

Answer:

The correct answer is : Public accountant.

Explanation:

They are people that provide services to individuals and businesses on a fee basis.  These people also give financial advice as well as provide basic financial information to the company that requires it. Bookkeeping, consulting and auditing are tasks they also perform. They can also become a strategic adviser, interpreting financial information in order to make decisions related to a specific budget.

8 0
3 years ago
Accounting profit differs from economic profit because
nlexa [21]
Economic profit<span> is the difference between total monetary revenue and total costs, but total costs include both explicit and implicit costs. </span>Economic profit<span> includes the opportunity costs associated with production and is therefore lower than </span>accounting profit<span>.</span>
3 0
3 years ago
The economic system of the united states is considered a:.
oee [108]

Answer:

It is considered a mixed economy

Explanation: Hope this helps<3

5 0
2 years ago
Standard Direct Materials Cost per Unit from Variance Data The following data relating to direct materials cost for October of t
statuscvo [17]

Answer:

The standard cost is $5 per lbs

each units uses 2 lbs, so the unit stadard cost is $10

Explanation:

Volume variance

(standard\:quantity-actual\:quantity) \times standard \: cost = DM \: efficiency \: variance

std quantity                   2800.00  (1,400 units times 2 pounds per unit)

actual quantity           3000.00

std cost                                     ??

(2,800-3,000) \times standard \: cost = -1,000

difference                     -200.00

efficiency variance        $(1,000.00)

-200 x Std cost = -1,000

Standard cost = -1,000/-200 = 5

The standard cost is $5 per lbs

each units uses 2 lbs, so the unit stadard cost is $10

3 0
3 years ago
Lemony lemonade has​ 3,200 gallons of lemonade in wip​ inventory, with​ 76% of materials already added. The lemonade is​ 50% thr
rosijanka [135]

Based on the process that Lemony Lemonade uses to make lemonade, the equivalent units for conversion​ costs is 1,600 units.

<h3>What equivalent units are for conversion costs?</h3>

This can be found as:

= Number of units that are WIP x Percentage of completion

Solving gives:

= 3,200 x 50%

= 1,600 units

Find out more on equivalent units at brainly.com/question/16259709

#SPJ1

4 0
2 years ago
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