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andrey2020 [161]
3 years ago
9

Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $11.15, but management expects to reduce the p

ayout by 6 percent per year indefinitely. If you require a return of 12 percent on this stock, what will you pay for a share today
Business
1 answer:
horrorfan [7]3 years ago
3 0

Answer:

the stock price is $58.23

Explanation:

The computation of the price pay per share today is shown below:

Stock price is

= Current year dividend ÷ (required rate of return - growth rate)  

= $11.15 × (1 - 0.06) ÷ (12% - (-6%)

= $10.48 ÷ 18%

= $58.23

Hence, the stock price is $58.23

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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General motors’ stand against apartheid in south africa was based upon what came to be known as _____. the human rights moveme
vovikov84 [41]
The answer is Sullivan Principles. General Motors embraced what came to be named as Sullivan principles. This is name after Leon Sullivan which is also a member of GM's Board of Directors. Sullivan contended that it was morally right for GM to function in South Africa so long as two circumstances were satisfied. First, the company should not follow the apartheid laws in its own South African operations. Second, the firm should do all within its power to endorse the elimination of apartheid laws.
5 0
3 years ago
Fill in the blanks
lianna [129]

Answer:

1ooo

Explanation:

because the important

4 0
3 years ago
"In the summer 2012 the lobster catch in Maine was especially large, but instead of celebrating the fisherman were suffering fro
34kurt

Answer:

Inelastic

Explanation:

The inelastic demand means the demand of the product does not vary when there is much change in the price. Let us assume that if the price is increased by 20% so the demand decreased only by 1% so here we can said there is inelastic demand

Also due to increased in the supply, the demand does not increased that much. So if the price is decreased so the demand does not respond due to which the total revenue comes down

So as per the given situation, having the large quantity caught the revenue is decreased so here the demand should be considered inelastic

4 0
3 years ago
Joe watches Wall Street Week every week. He then throws a dart at the Wall Street Journal. He buys whatever the dart hits. If he
svlad2 [7]

Answer:

The correct answer is d. none of the above.

Explanation:

The purchase decision process represents the different stages through which the individual goes from feeling the need for a product or service to its purchase. This behavior goes beyond the purchase decision itself, reaches the post-purchase behavior phase.

In this case, it may be that there are no products that replace Wall Street, and people are required to purchase it so as not to lose any benefit. Surely because of the prestige of this publication and the guarantee it gives to buyers, despite not agreeing with it, there must be a decision motivated by any other factor.

8 0
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Adding expectancy theory to the model of motivation and performance illustrates how the interaction of valence, expectancy, and
leonid [27]

Answer:

Instrumentality

Reward they want

Explanation:

_Instrumentality_ highlights how intended effort can turn into actual effort if employee believe their hard work will __result in rewards they want_.

Employees tends to be motivated toward the work when reward are attractive. The intended effort is then turned to actual effort when they are being awarded accordingly and this allow them to perform their job successfully.

The process of turning the intended effort to actual effort is termed Instrumentality and their performance will results in reward they want.

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3 years ago
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