Answer:
current price of Goodell Corporation stock is $48.26
Explanation:
given data
annual dividend = $1.75
expected to increase 1 year = 27.5 percent
expected to increase 2 year = 13.8 percent
expected to increase per year = 5 percent
required rate of return = 10 percent
solution
we get here first dividend that is
D1 = 1.75 × (1.275) = 2.23 ...............1
D2 = 2.23 × (1.138) = 2.54 ...............2
D3 = 2.54 × (1.05) = 2.67 ...............3
and
year 2 price will be
P2 = D3 ÷ (R – g) ...............4
P2 = 2.67 ÷ (0.10 - 0.05)
P2 = 53.4 ...............5
so current price will be
P = 2.23 ÷ (1.10) + 2.54 ÷ (1.10)2 + 53.40 ÷ (1.10)2
P = $48.26
Answer:
#1, It can change and #3, it can be in an existing building to repair or remodel
Explanation:
Construction is not at a desk.
Answer:
Total cost= $930
Explanation:
Giving the following information:
Copy Center pays an average wage of $12 per hour.
Overhead rate= $18 per direct labor hour
Job M-47:
used $330 of direct materials and took 20 direct labor hours of labor to complete.
Total cost= direct material + direct labor + allocated overhead
Total cost= 330 + 20*12 + 20*$18= $930
5 weeks
There are 52 weeks per year and since the company closes for 2 weeks per year, that means that the company does business for 50 weeks each year. During that year, the company sold goods that cost $76,500. And the average inventory was $7,650 which is $7,650 / $76,500 = 0.10 = 10% of the goods sold for the entire year. So the average inventory could allow the company to work for 10% of the year. And 10% of 50 is 5. Therefore the company had 5 weeks of supply on average in inventory.
Address is the correct answer
