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daser333 [38]
3 years ago
9

The Back Room just paid an annual dividend of $1.50 a share. The firm expects to pay dividends forever and to increase the divid

end by 4.5 percent annually. What is the expected value of this stock six years from now if the discount rate is 12 percent
Business
1 answer:
umka2103 [35]3 years ago
6 0

Answer:

$26.05

Explanation:

according to the constant dividend growth model

price = d1 / (r - g)

d1 = next dividend to be paid = d0 x (1 + growth rate)

d0 = dividend that was just paid

r = cost of equity

g = growth rate

1.5 x (1.045^6) / 12 - 4.5 = $26.05

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Artur, who has a disability, is an employee of banquet & event facilities & services, inc. after the installation of new
Verdich [7]

<em>Incomplete question. </em><em>Here's the full part of the question:</em>

<em>*Artur, who has a disability, is an employee of banquet & event facilities & services, inc. after the installation of new doors on the entrance to banquet's hall, artur finds it nearly impossible to enter and exit. for repeatedly failing to be on time, banquet replaces artur with carter, who does not have a disability.</em>

<em>Refer to Fact Pattern 18-2. To successfully defend against Artur's claim, Banquet will have to show that:"</em>

Answer:

<u>Banquet cannot make changes to the doors without undue hardship to Artur</u>

Explanation:

Their defense is only reasonable if they claim that it acted in the best interest of Artur to replace him since it cannot make changes to the doors without causing him undue hardship because of his disability. Thus the decision was taken to avoid putting him under immense stress.

7 0
4 years ago
Read 2 more answers
Kelly Corp. barters with Ace Corporation for goods that are similar in nature and value. The value of the goods was $1,000. The
mixas84 [53]

Answer:

Option 1 is correct because Income is the amount that we receive from our customers when we sell them our product. In this case, the amount should be received was $1000, which the Kelly can use to buy the product she has exchanged its product with the item.

The entry will be contra entry:

Dr    Purchases   $1000

CR                Income   $1000

4 0
3 years ago
Candy crunchers wants to see if their new candy is enjoyed more by high school or middle school students. they decide to visit o
lukranit [14]
The answer would be: all students who attend one middle school and one high school in Miami, FL. As the company, Candy Crunchers, only took surveys from one high school and one middle school only, that would be the sample of the population.
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4 years ago
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Gideon Company uses the direct write-off method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off
zloy xaker [14]

Answer and Explanation:

The Journal entry is shown below:-

Bad debts expense Dr, $2,000

          To Accounts receivable-Hopkins $2,000

(Being write off is recorded)

Here we debited the bad debt expenses as it increased the expenses and we credited the accounts receivable as it reduced the assets so that the proper posting could be done  

7 0
3 years ago
the marketing mix, often known as the four ps of marketing, represent areas that a firm can adjust to influence demand for its g
GrogVix [38]

if a firm want to adjust the cost of a service by 2% to stay competitive, such firm will be focusing on the <u>Price in marketing mix</u>.

<h3>What is a marketing mix?</h3>

In marketing, these mix refers to those elements of a business's marketing that are designed to meet the needs of its customers.

The four elements of marketing mix are often called 4 'Ps' and includes:

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In conclusion, the firm will be focusing on the Price in marketing mix if a firm want to adjust the cost of a service by 2% to stay competitive,

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