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Harlamova29_29 [7]
3 years ago
13

asino Inc. expects to pay a dividend of $3 per share at the end of year 1 (Div1) and these dividends are expected to grow at a c

onstant rate of 6 percent per year forever. If the required rate of return on the stock is 18 percent, what is the current value of the stock today?
Business
1 answer:
pentagon [3]3 years ago
5 0

Answer:

the current stock of the value today is $25

Explanation:

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

Next year dividend D1 = $3

growth rate g =6% forever

rate of return = 18%

So,

Current Stock Price P = D1 ÷ (r - g)

=3 ÷ (18% - 6%)

= 3 ÷ 12%

= 3 ÷ 0.12

= $25

Hence, the current stock of the value today is $25

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The Horizon Company will invest $84,000 in a temporary project that will generate the following cash inflows for the next three
GarryVolchara [31]

Answer:

The net present value is $3,624

Explanation:

Net present value is the sum of all cash inflows and outflows in present value terms. It is calculated by discounting each cash flow with given interest rate and for specified period of time.

Net present value of this project is $3,623.84

All the workings and calculations are made in an MS Excel File which is attached with this answer.

Download xlsx
7 0
3 years ago
Cantrell company is required by law to collect and remit sales taxes to the state. if cantrell has $8,000 of cash sales that are
lawyer [7]

Answer:

The journal entry for the cash receipt and on that the sales tax is charged is as follows:

Explanation:

Cash A/c................................Dr  $8,640

      To Sales A/c.............................Cr $8,000

      To Sales Tax Payable A/c.....Cr  $ 640

Working Note:

Sales Tax Payable = Amount of cash sales × Rate of Sales Tax

                               = $8,000 × 8%

                               = $640

So, the total of cash received will be = Sales Amount + Amount of sales tax payable

= $8,000 + $640

= $8,640

4 0
3 years ago
Read 2 more answers
Newhard Company assigns overhead cost to jobs on the basis of 111% of direct labor cost. The job cost sheet for Job 313 includes
tekilochka [14]

Answer:

a. The total manufacturing cost assigned to Job 313 is $49,600

b.  The unit product cost for Job 313 is $32

Explanation:

a. The computation of the total manufacturing cost is shown below:

= Direct materials cost + direct labor cost + overhead cost

= $27,656 + $10,400 + 111% of direct labor cost

= $27,656 + $10,400 + $11,544

= $49,600

b. The formula to be used for calculating the unit product cost which is shown below

= Total manufacturing cost ÷ number of units produced

=  $49,600 ÷ 1,550 units

= $32

3 0
3 years ago
Which of the following is an example of a company that primarily provide a service
Anestetic [448]
A carpet cleaning company, or dry cleaning, pest control, etc.
7 0
3 years ago
From the consumer’s perspective, the elements of an imc strategy can be viewed as being either.
NeX [460]

There are three components in any integrated marketing communication approach: the Consumer Being Targeted, the channels through which the statement is communicated, and evaluation of the results of the communication.

<h3> Integrated marketing </h3>

Integrated marketing is the process of unifying all elements of marketing communication — such as advertisement, PR, and social media — and utilizing their respective mix of media, channels, and tactics to produce a seamless and customer-centric experience.

Integrated marketing communications is the technique by which a company provides different promotional methods within a marketing campaign are clear, constant and working toward the same goal.

IMC strategy include:

  • Traditional and online earned media.
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  • Content marketing and social media marketing.

To learn more about Integrated marketing visit the link

brainly.com/question/14691440

#SPJ4

7 0
2 years ago
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