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baherus [9]
3 years ago
11

Michael's, Inc., just paid $2.60 to its shareholders as the annual dividend. Simultaneously, the company announced that future d

ividends will be increasing by 5.6 percent. If you require a rate of return of 9.8 percent, how much are you willing to pay today to purchase one share of the company's stock
Business
1 answer:
mixas84 [53]3 years ago
6 0

Answer:

$65.37

Explanation:

Calculation for how much are you willing to pay today to purchase one share of the company's stock

Using this formula

P/0 = D0 ( 1 + g ) / R-g

Let plug in the formula

P/0 = $2.60 (1 + .056) / .098 - .056

P/0 = $2.60 (1 .056)/0.042

P/0=$2.7456/0.042

P/0=$65.37

Therefore how much are you willing to pay today to purchase one share of the company's stock will be $65.37

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Anson Apparel's marketing message in the United States is one of apparel for the rugged man who spends most of his time outdoors
crimeas [40]

Answer:

Customer landscape: customers' habits, values and preferences related to rugged men. Market landscape: apparel alternatives available in the Chinese market; share market distribution; competitors brand positioning.

Explanation:

The marketing message is the result of marketing strategy based on situational conditions of the company in the US, that market is different from the Chinese market so that the strategic analysis could find as a result a different message more appealing for rugged men in China.

8 0
3 years ago
Why is Earned Value a very powerful tool? Answer: It combines the cost, scope, and ____________ as an integrated tool to calcula
nataly862011 [7]
Answers
1) Time
2) cost analysis or performance measurement.

Explanation


Earned value — it integrates cost, time and the work done (or scope) and can be used to forecast future performance and project completion dates and costs...
7 0
3 years ago
Crane Company Ltd. publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $28 per year. During
d1i1m1o1n [39]

Answer:

Explanation:

The journal entry is shown below:

Cash A/c Dr $344,400

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(Being the advance subscription is recorded)

The computation is shown below:

= Number of subscriptions × magazine cost per year

= 12,300 subscriptions × $28

= $344,400

For the receipt of the subscriptions, we debited the cash account and credited the unearned subscription account

3 0
4 years ago
Your company expects to receive 5,000,000 Japanese yen 60 days from now. You decide to hedge your position by selling Japanese y
larisa [96]

Answer:

$47,500

Explanation:

Calculation for How many dollars will you receive

Using this formula

Dollar to receive=Expected Japanese yen×Forward rate

Let plug in the formula

Dollar to receive= ¥5,000,000 x $.0095/¥

Dollar to receive= $47,500

Therefore the amount of dollars will you receive will be $47,500

8 0
3 years ago
Describe the factors of production required to deliver a service like education
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<span>You need to service each level of education - primary,secondary,tertiary, and non formal education.You should have a budget.To become a production service worker one may need a bachelor degree along with an internship experience.</span>
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