Answer:
33.94%
Explanation:
The computation of stock's expected price 5 years is shown below:-
Stock price = $26
Required return = 12%
Growth rate = 7%
Current dividend per share = Stock price × (Required return - Growth rate) ÷ (1 + Growth rate)
= $26 × (12% - 7%) ÷ (1 + 7%)
= $26 × 5% ÷ 1.07
= $1.21
Stock price in 5 years = Expected dividend ÷ (required return - Growth rate)
Expected dividend = $1.21 × (1 + 7%)^5
= $1.21 × 1.402551731
= $1.697
Stock price in 5 years = $1.697 ÷ (12% - 7%)
= $1.697 ÷ 5%
= 33.94%
Answer:
move along upwards
shift out
shift in
Explanation:
A change in price of a good leads to a movement along the supply curve and not a shift of the supply curve.
Other factors other than a change in the price of the good would lead to a shift of the supply curve. Such factors include :
- A change in the price of input
- A change in the number of suppliers
- Government regulations
When the price of corn increases, the quantity supplied of corn increases. this is in line with the law of supply.
according to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.
This would lead to a movement up along the supply curve
If the price of seed which is an input to corn decreases, it becomes cheaper to produce corn. As a result, the supply of corn would increase. this would lead to an outward shift of the supply curve.
If the number of grocery stores decreases, there would be a reduction in supply. As a result, the supply curve would shift inwards
Answer:
Municipal bond fund
Explanation:
He should be most concerned about this fund because these investments are in the investors IRA, the investment aadviser should be immediately concerned about the municipal bond fund investment.
We have seen that this is a tax deferred account, so a tax free investment is not going to be suitable.
Answer:
A) horizontal
Explanation:
Horizontal channel conflicts occur when members of the same level of marketing channels have disputes or disagreements regarding the sales strategies for one or more product lines.
In this case, Amazon and Target are both retailers, and since Target felt that P&G was unfairly helping Amazon, they reacted by changing their marketing strategies for P&G's products. The conflict here is between Amazon and Target who are both in the same level of marketing channels.
Answer:
A.Pattern Department 57 per DLH
Cut and Sew Department 78 per DLH
B.Small glove 8.52
Medium glove 10.65
Large glove 12.78
Explanation:
a) Calculation to Determine the two production department factory overhead rates.
Pattern Department = 165,200/2,900
= 56.9 Approximately 57 per DLH
Cut and Sew Department = 273,000/3,500
= 78 per DLH
Therefore two production department factory overhead rates will be :
Pattern Department 57 per DLH
Cut and Sew Department 78 per DLH
b) Calculation of the factory overhead cost per unit
Small glove (57*.04+78*.08)=8.52
Medium glove (57*.05+78*.10)=10.65
Large glove (57*.06+78*.12)=12.78
Therefore the factory overhead per unit for each product will be: Small glove 8.52
Medium glove 10.65
Large glove 12.78
