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victus00 [196]
3 years ago
15

Suppose you know a company's stock currently sells for $64 per share and the required return on the stock is 0.12. You also know

that the required return is evenly divided between the capital gains yield (G) and the dividend yield (D1/P0) (this means that if the required retun is 9%, the capital gains yield is 4.5% and the dividend yield is 4.5%).If it's the company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share
Business
1 answer:
jasenka [17]3 years ago
6 0

Answer:

$3.62

Explanation:

Dividend Yield = 0.12/2

Dividend Yield = 0.06

==> (Dividend in One Year)/Current Price= .045

D1 = 0.06*$64

D1 = $3.84

D0 (Current Dividend) = D1/(1+Dividend Yield)

D0 (Current Dividend) = $3.84/(1.06)

D0 (Current Dividend) = 3.622641509433962

D0 (Current Dividend) = $3.62

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The “Beijing Consensus” approach to economic development, a model based on China’s rapid economic growth, implies a. experimenti
maksim [4K]

Answer:

a. experimenting with policies that are compatible with a state’s political structure and experience rather than with economic liberalism.

Explanation:

The Beijing Consensus reflects a new approach to development based on China's model of economic growth. It is a non-liberal, state-driven view of development, in which development is seen as a process of structural transformation of society and cannot be confused or replaced by market economic policies. Thus, the central objective of the Beijing Consensus Chinese Development Policies is to create a development policy based on the experience of the state, within that country's political conformation, in order to link economic development to social and human development.

6 0
3 years ago
When datacomp corp., a producer of software, delayed the introduction of its new spreadsheet app to modify the package, its sche
yKpoI14uk [10]

In this case, a change in the<u> "product" </u>variable caused changes in the <u>"promotion"</u> variable of the marketing mix.


Marketing mix is tied in with putting the correct item or a mix thereof in the place, at the perfect time, and at the correct cost. The troublesome part is doing this well, as you have to know each part of your marketable strategy.  

An product is a thing that is constructed or created to fulfill the necessities of a specific gathering of individuals. The product can be immaterial or unmistakable as it very well may be as administrations or merchandise.  

Promotion is an imperative part of marketing as it can help mark acknowledgment and deals.

3 0
4 years ago
Mather Company purchased equipment on January 1, 2018 at a total invoice cost of $336,000; additional costs of $6,000 for freigh
Paha777 [63]

Answer:

The accumulated depreciation at 31 December 2019 is $144000

Explanation:

When recording the purchase of a fixed asset, the asset should be recognized at cost at which the asset is purchased plus all the necessary costs that are incurred to bring the asset to the location and in the condition necessary to use as required and intended by the management.

The equipment purchased by Mather should be recorded as,

Cost of equipment = 336000  +  6000  +  30000  =  $372000

The freight and installation are non recurring and necessary expenses to bring the asset to the location and in the condition for use as intended by management. So, these expenses are capitalized.

The straight line depreciation charges a constant depreciation expense every year through out the useful life of the asset.

Straight line depreciation =  (Cost - Salvage Value) / estimated useful life

Straight line depreciation per year = (372000 - 12000) / 5

Straight line depreciation per year = $72000

So, the accumulated depreciation at 31 December 2019 is,

Accumulated depreciation = 72000 + 72000 = $144000

7 0
3 years ago
What budget item does NOT necessarily include monthly expenses?
nika2105 [10]
If You Had the same ABCD Answers as one Before, The Answer out of These: 
A. Transportation
B. Medical Expenses
C. Housing
D. Food

The Answer would Be B) Medical Expenses.

6 0
3 years ago
Adjusting entries are Select one: a. usually required before financial statements are prepared b. not necessary if the accountin
Flauer [41]

Answer:

Correct option is (a)

Explanation:

Adjusting journal entries are passed before financial statements are prepared to so as to confirm if revenue recognition and matching principles are complied with. Adjusting entries are required to be passed if transactions is spread over multiple financial periods. For example, adjusting entry is passed if goods are received this year but payment will be made next year.

Before income statement and balance sheet is prepared, these entries are passed. Thereafter, adjusting trial balance is prepared and finally financial statements are prepared.

4 0
3 years ago
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