Fort mcallister camp host uniform t shirt

Sanders, Inc., paid a $3 dividend per share last year and is expected to continue to pay out 60% of its earnings as dividends fo

jolli1 [7]

Answer:

$32.20

Explanation:

The computation of the value of the stock is shown below:

Dividend per share = $3

The Required rate of return = 15%

Return on equity = 13%

Dividend payout ratio = 60%

Based on the above information,

First we have to determine the growth rate which is

Growth rate = (1 - Div Payout ratio) × ROE

= (1 - 60%) × 13%

= 5.20%

Now the value of the stock is determined by using the Gordon model

= Last year dividend × (1 + growth rate) ÷ (Required rate of return - growth rate)

= $3 × (1 + 5.20%) ÷ (15% - 5.20%)

= $32.20

3 0

3 years ago

An economy has five people: george, sarah, mason, abbot, and jin. george works for plastics, inc., 40 hours a week. sarah works

Katena32 [7]

The unemployed people in this economy are MASON AND ABBOT.
Unemployment is said to occur in an economy, when people who are in the working age bracket actively search for work for a long time without getting any. There are different types of unemployment. Unemployment rate is usually used to gauge how healthy an economy is. In the scenario given above, it can be seen that both Mason and Abbot are of working age and they are both actively searching for work without finding one.

3 0

3 years ago

The goal of a _______________ is to establish a stocking level that strikes the best balance between expected shortage costs an

Tanzania [10]

Answer: (A) Single-period

Explanation:

The single-period inventory system is one of the type of business model that faced problem due to the product order seasonally and also the one time purchasing of the goods and the services.

The main aim of the single period inventory system is that they established stocking level that helps in balancing the expected excess costs and the shortage cost of the product.

This inventory system basically ensure that the products and the services are adequately supply to the customers.

Therefore, Option (A) is correct.

5 0

3 years ago

When the price of good A is $50, the quantity demanded of good A is 500 units. When the price of good A rises to $70, the quanti

alex41 [277]

Answer:

Option (b) is correct.

Explanation:

Given that,

Initial price of good A = $50

Initial quantity demanded of good A = 500 units

New price of good A = $70

New quantity demanded of good A = 400 units

Average quantity demanded:

= (New + Initial) ÷ 2

= (400 + 500) ÷ 2

= 450 units

Change in quantity demanded:

= New - Initial

= 400 units - 500 units

= -100 units

Average price level:

= (New + Initial) ÷ 2

= (70 + 50) ÷ 2

= $60

Change in price level:

= New - Initial

= $70 - $50

= $20

Therefore, the price elasticity of demand for good A is as follows:

= $\frac{\frac{Change\ in\ quantity\ demanded}{Average\ quantity\ demanded} }{\frac{Change\ in\ price}{Average\ price\ level} }$

= $\frac{\frac{-100}{450} }{\frac{20}{60} }$

= $\frac{-0.22}{0.33}$

= -0.67

Total revenue before price increase:

= quantity demanded of good A × price of good A

= 500 units × $50

= $25,000

Total revenue after price increase:

= quantity demanded of good A × price of good A

= 400 units × $70

= $28,000

Therefore, there is an increase in total revenue with increase in the price level.

7 0

3 years ago

A car costs $25,000 plus $675 for tax, title, and license fees. ari finances the car by putting down $2,500 in cash and taking o

zmey [24]

Ari's EMI if including tax, title and license fees in the cost of the car is $684.22.

Ari's EMI excluding tax, title and license fees from the cost of the car is $664.29.

Since there is no mention of whether Ari is paying the tax, title and license fees separately we can either assume that they are part of the total cost to buy the car; or we can assume that Ari will meet these expenses separately. We have the following data:

With Fees  Without Fees

Price of the car $25,000 $25,000

Tax Title and License fees $675 $675

Total cost of the car $25,675 $25,000

less: Down payment $2,500 $2,500

Total Loan Amount $23,175 $22,500

Annual Interest rate 4% 4%

Loan period in years 3 3

Interest rate per month (r) 0.33333 % (4%/12) 0.33333 % (4%/12)

Loan period in months (n) 36 (3×12) 36 (3×12)

Since the EMI is a constant payment in dollar terms, we can use the PV of an annuity formula to find the EMI. The Formula is:

$Present Value of Annuity = P * [\frac{1- (1+r)^{-n}}{r} ]$