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Ksivusya [100]
2 years ago
10

has just now paid a dividend of $2.50 per share (Div0); its dividends are expected to grow at a constant rate of 4 percent per y

ear forever. If the required rate of return on the stock is 14 percent, what is the current value of the stock, after paying the dividend
Business
1 answer:
miskamm [114]2 years ago
6 0

Answer:

$26

Explanation:

according to the constant dividend growth model

price = d1 / (r - g)

d1 = next dividend to be paid

r = cost of equity

g = growth rate

(2.5 x 1.04) / ( 0.14 - 0.04) = $26

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________ is one of the means of motivation and control of sales representatives in relationship-oriented cultures like Japan. Mu
uranmaximum [27]

Answer:

A group bonus system

Explanation:

In relationship-oriented cultures, group bonuses are very common, and they are not like the regular yearly bonuses given out at Christmas, specially in Japan. In Japan, there are two bonuses per year, one paid during mid-year and the other one at the end of the year. These bonuses can amount to 3-6 months worth of salary, but they are also paid to the whole group of workers. That means that either everyone in the team gets a bonus or no one does.

Relationship-oriented cultures are based upon the well being, motivation and satisfaction of the whole team.

7 0
3 years ago
Gitano Products operates a job-order costing system and applies overhead cost to jobs on the basis of direct materials used in p
galben [10]

Answer:

See explanation below as attached.

Explanation:

1. Predetermined overhead is 139% of direct labor hour

2. Under applied overhead is $6,200

Please find attached breakdown and solution to question 1, 2, 3, 4 and 5.

5 0
3 years ago
The McColls have made an offer on a new home. The home is new construction and scheduled to be completed by the end of the year.
padilas [110]

Answer: Yes, Suzette deposited the earnest money in the broker's trust fund account as directed. She also deposited the check within three business days of receipt. Unless there were written instructions to hold the check until acceptance of the offer, the check may be cashed

7 0
3 years ago
Two types of business communications enhanced by desktop publishing are
laila [671]
Internal and external are two types of business communications enhanced by desktop publishing. 
This is to improve both internal and external communication process of a business and become more productive.
7 0
3 years ago
RJ Miller Manufacturing Company produces a product that sells for $120. A selling commission of 10% of the selling price is paid
djverab [1.8K]

Answer:

$48

Explanation:

Contribution = Sales - Variable Costs

where,

Sales = $120

Variable Costs = $120 x 10% + $60 = $72

therefore,

Contribution = $120 - $72 = $48

The contribution margin per unit is: $48

6 0
2 years ago
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