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
mario62 [17]
3 years ago
6

Blart Corp. recently paid a dividend of $5.00 per share. Analysts forecast future dividends will increase by 2% forever. The req

uired rate of return that investors demand to hold Blart Corp.'s stock is 8% What is its estimated price per share today
Business
1 answer:
dusya [7]3 years ago
6 0

Answer: $85.0

Explanation:

The formula to calculate the estimated price per share today will be:

Po = Do (1 + g) / (r - g)

Where,

Po = Current price

Do = Current dividend = 5.00

g = Dividend growth = 2% = 0.02

r = Required rate of return = 8% = 0.08

Therefore, the estimated price per share today will be:

= 5.00(1 + 0.02) / (0.08 - 0.02)

= 5.00(1.02) / 0.06

= 5.10 / 0.06

= 85.00

Therefore, the answer is $85

You might be interested in
What makes you blush hard?
sergeinik [125]
A girl calling me cute or putting her hand on my thigh. Someone tell me how they love me even though there intentions might be bad.
6 0
2 years ago
Colleen Mooney earned a salary of $400 for the last week of September. She will be paid on October 1. The adjusting entry for Co
gayaneshka [121]

Answer:

b. Salaries and Wages Expense 400 Salaries and Wages Payable 400

Explanation:

The expense shall be recognized in the accounts of Colleen's employer at September 30, in respect of the salary earned by Colleen Mooney for the last week of September.

The following adjusting entry shall be recorded in Colleen's employer accounts:

                                                                               Debit                          Credit

Salaries and Wages Expense                               400

Salaries and Wages Payable                                                                   400

Based on above journal entry, the answer shall be b. Salaries and Wages Expense 400 Salaries and Wages Payable 400

3 0
3 years ago
Which structure would you be most likely to choose if your company wanted to give its sales people a predictable paycheck and al
tangare [24]
<span>The pay structure that would be used in this model is salary plus commission. Commission is a percentage of total sales so the more sales are made by an employee the more they make. The salary also gives them a regular amount of pay when things don't go well for the month, but the commission pushes them to continue to do their best.</span>
7 0
2 years ago
Read 2 more answers
An exchange economy has two consumers, named Jimmy and Sue, and two commodities, apples and bananas. Jimmy’s initial endowment i
Aleks04 [339]

Answer:

(a) BJ = AJ

In equilibrium, apples and bananas have the same price.

Jimmy’s consumption bundle must be 3 apples and 3 bananas

i just did this

Explanation:

mrk me brainliest pleasee

8 0
3 years ago
Categorize each of the following items as an S-strength, W-weakness, O-opportunity, or T-threat. " WALMART SWOT ANALYSIS"
sergejj [24]

Answer:

Established Name Brand - S - Brings in more customers

Low Prices(Low Cost Leadership ) - S - Retaining customers

Unfair Employment Practices - T - Negatively affects the brand image

Pressures Suppliers on Cost - S - Have bargaining power on suppliers

Recession - T - Can bring down customer spending

Other big box retailers(Target) - T - Competition

Small Towns - O - Not many players

International Markets - O  - Growth prospects

Products Made in China - O - Lower prices

Product Safety - S - Retaining customers

Large Purchases (Buy in Bulk) - S - Cost savings

Internet Retailing - O - New growth opportunity

Customer Base - S - Large customer base

No Urban Locations - O - Opportunity to expand

Health Care for Employees - S - Employee satisfaction

Global Presence - S - Large customer base

Price Competition - O - Best in industry

Product Quality  - Retaining customers

Customer service- S - Retaining customers

Distribution/Logistics System - S - Lower costs

One Stop Shop  - S - Retaining customers

In 15 Countries—not in Europe except for United Kingdom  - Opportunity to grow in Europe

Sam’s Club - O - Customer loyalty

Minimum Wage Laws - T - Higher costs

Rising Labor Costs in China - T - Higher costs

Healthcare Costs - T - Higher costs

12% Lower Grocery Prices - S - Cost leadership

Litigation by employees - T - Negatively affects the brand image

Target Superior Merchandising Capability - O - Competition

Community Resistance - T - Negatively affects the brand image

Home Delivery of Goods - O - Growth prospects

Growth of Aldi Food Chain-Europe/North America - T - Competition

Poor Working Conditions - T - Negatively affects the brand image

Dollar stores - T - Competition

Online Retailers  - T - Competition

4 0
2 years ago
Other questions:
  • If all other factors are equal, what will happen to the demand if the price of a product goes down? A. Demand will go up. B. Dem
    10·2 answers
  • On August 5, 2021, Sandhill Furniture shipped 50 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining se
    6·1 answer
  • A small business owner visits his bank to ask for a loan. The owner states that she can repay a loan at $2,500 per month for the
    10·1 answer
  • Suppose an economy is depicted by the expenditure function provided​ below: C​ + G​ + I​ + X​ = ​$300 ​+ 0.80timesY ​+ ​$350 ​+
    15·1 answer
  • Pearls, Pearls, Pearls! manufactures and sells jewelry. The total variable cost of goods sold this month is $72,490. Variable se
    6·1 answer
  • Break-Even Sales Currently, the unit selling price of a product is $7,520, the unit variable cost is $4,400, and the total fixed
    9·1 answer
  • What is a new market?
    5·1 answer
  • Q 20.27: Liberty Bicycles currently sells unassembled bikes for $240 each. The variable production costs for each bike are $35 a
    5·1 answer
  • Explain the basic functions and
    10·1 answer
  • Focuses on using information about the customer to create
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!