Answer:
The market price for this stock is $15.23
Explanation:
The price per share of a stock today can be calculated using the dividend discount model which values a stock based on the present value of the expected future dividends of the stock. The value of this stock using the DDM will be,
V0 or P0 = 1.55 / (1+0.11) + 1.63 / (1+0.11)^2 + 1.65 / (1+0.11)^3 +
[ ( 1.7 / 0.11) / (1+0.11)^3 ]
V0 or P0 = $15.226 rounded off to $15.23
Answer: a) the type of exposure to Geomyces destructans; whether the bats became sick with WNS
Explanation: The independent variable refers to the variables employed by the experimenter to use as a tool to observe changes in the dependent variable. In an experimental study, the independent variables are usually the different controls adopted for the experiment. In the scenario above, the independent variable is the type of exposure to Geomyces destructans which each of the groups are exposed to. These variation in control in which the different groups are exposed to may result in different response within the group which is the change in WNS. These response due to exposure to different control is called the dependent variable.
<span>Failure to shred financial documents, as given in option A, puts you at risk for dumpster diving. If financial documents are not shredded, then it is possible for bad actors going through your trash to recover personal and confidential information which can be used for various kinds of fraud and theft.</span>
Answer: $75.33
Explanation:
First find the total costs of a round of golf for the entire season:
= Fixed costs + Variable costs
= 30,000,000 + (17 * 600,000 rounds)
= $40,200,000
They would like to earn 10% on 50,000,000 which is $5,000,000
The revenue should therefore be:
= Costs + Expected return
= 40,200,000 + 5,000,000
= $45,200,000
Price per round to achieve this:
= Revenue / Rounds of golf
= 45,200,000 / 600,000
= $75.33
Answer:
5.68%
Explanation:
The green giant has a 4% profit ratio
= 4/100
= 0.04
The dividend payout ratio is 30%
= 30/100
= 0.3
The total assets turnover is 1.2 times
The equity multiplier is 1.6
The first step is to calculate the return on equity
ROE= Profit margin×Total assets turnover×Equity multiplier
= 0.04×1.2×1.6
= 0.0768 or 7.68%
The next step is to calculate the Plowback ratio
b = 1-dividend payout ratio
b = 1-0.3
b = 0.7
Therefore, the sustainable growth rate can be calculated as follows
= ROE×b/(1-(ROE×b)
= 0.0768×0.7/(1-(0.0768×0.7)
= 0.05376/(1-0.05376)
= 0.05376/0.94624
= 0.05681
= 5.68%
Hence the sustainable rate of growth is 5.68%