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kipiarov [429]
3 years ago
9

A common stock pays an annual dividend per share of $2.10. The market capitalization rate (required return on equity) is 10.0%.

If the annual dividend is expected to remain at $2.10, what is the value of the stock
Business
1 answer:
Inessa05 [86]3 years ago
3 0

Answer:

the  value of the stock is $21

Explanation:

The computation of the value of the stock is given below:

= Annual dividend per share ÷ required rate of return

= $2.10 ÷ 10%

= $21

Hence, the  value of the stock is $21

We simply divided the annual dividend from the required rate of return so that the value of the stock could come

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Which economic goal is encroached upon when the government taxes your wages in order to provide unemployment
faltersainse [42]
The answer is c. Economic freedom
3 0
3 years ago
Griffin's Goat Farm, Inc., has sales of $796,000, costs of $327,000, depreciation expense of $42,000, interest expense of $34,00
worty [1.4K]

Answer:

A. Earning Per Share = $3.88 per Share

B. Dividend per Share = $1.99 per Share

Explanation:

Step 1: Calculate the Net Income Before Tax

Sales= $796,000, Cost= $327,000, Depreciation = $42,000, Interest = $34,000

Net Income Before Tax= Income for the period - Expenses

Net Income Before Tax= Sales- Costs- Depreciation- Interest

= $796,000-$327,000-$42,000-#34,000

=$393,000

Step 2: Calculate the Net Income After tax

Net Income After Tax = Net Income Before Tax - Tax for the period

Percentage for Tax (tax rate) = 21%

Tax for the Period = $393,000 x 21%

= $82,530

Net Income After Tax = $393,000- $82, 530

= $310,470

Step 3: Calculate Earnings Per Share

Number of Outstanding Shares = 80,000 Shares

Dividend paid = $95,000

Earnings Per Share = Net Income After Tax/ Number of Shares

= $310,470/80,000

=3.880875 Per Share (intermediate calculations not rounded)

=$3.88 Per Share (rounded to 2 decimal places)

Step 4: Calculate Dividends Per Share

Dividend Per Share = Cash Dividend Paid/ Number of Shares

= $95,000/80,000

=$1.1875 (intermediate calculations not rounded)

=$1.19 Per Share (rounded to 2 decimal places)

6 0
3 years ago
A shoplifer and a security guard are playing a simultaneous game.
nadya68 [22]

Answer:

A simultaneous game was played between a shoplifter and a security guard.

The answer to the game was answered in accordance to the question stated above,

There is no Nash Equilibrium in the game, The shoplifter does not steal in this case, Does not steal, The security guard will be watchful, The security guard ill sleep on the job.

Explanation:

Solution

Given that:

Let our matrix be defined as follows

                                                Security Guard

                              Vigilant or attentive      Not vigilant, less attentive

Shoplifter    Steal           - 20, 15                      15, -5    

              Does not steal  0, 3                          0, 0

Now,

(1) There is no Nash Equilibrium in the game

(2) The shoplifter does not steal in this case

(3) The shoplifter does not steal

(4) The security guard will be watchful

(5) The security guard ill sleep on the job

Note:

Kindly find an attached copy of the complete question below

3 0
3 years ago
Which of the following is not a type of bank? A. Credit Union B. Online Bank C. Payday Lender D. Retail Bank
brilliants [131]

The answer from given choice is "C", "Payday Lender" is not a type of bank.<span>

Payday lender involve the basic loan procedure where a lender is providing a short-term loan which has to be paid back when the borrower's next payday come, that is a simple loan process which has nothing to do with a bank.</span>

7 0
3 years ago
Read 2 more answers
Use the following 10% interest factors. Present Value of Ordinary Annuity Future Value of Ordinary Annuity 7 periods 4.86842 9.4
katen-ka-za [31]

Answer:

The cost of the machine will be $85,358.88‬

Explanation:

To calculate the present value of the machine is given by:

Present value=$16000*Present value of annuity factor(10%,8)

=$16000*5.33493

= $85,358.88‬

5 0
3 years ago
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