1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ziro4ka [17]
3 years ago
7

What is the expected constant-growth rate of dividends for a stock currently priced at $50, that just paid a dividend of $4, and

has a required return of 18%?
Business
1 answer:
Viktor [21]3 years ago
6 0

Answer:

8.9

Explanation:

according to the constant dividend growth model

price = d1 / (r - g)

d1 = next dividend to be paid = d0 x (1 +g)  

r = cost of equity

g = growth rate

50 = [4 x (1 +g)] / (0.18 - g)

50(0.18 - g)  = 4(1 +g)

You might be interested in
Porter Co. owned all of the voting common stock of Simi Corp. The corporations' balance sheets dated December 31, 2018, include
Katena32 [7]

Answer: $672,000

Explanation:

Porter sold land to Simi which means that their land balance reduces. Simi's however increases by the same amount. As Porter owned all the voting stock, the sale will be accounted for at the book value.

The Consolidated balance for land in 2020 will therefore be calculated as,

= (Porter land value - Sales price) + (Simi land value + Sales price)

= (416,000 - 65,000) + (256,000 + 65,000)

= 351,000 + 321,000

= $672,000

The book value of the Consolidated land will be $672,000 in 2020.

3 0
3 years ago
Calculate the total productivity measure for this company for both years. ( Round your answer to 2 decimal places.) Calculate th
umka2103 [35]

Answer:

Explanation:

As the question was missing data, I have done a quick google search and found the question which I am uploading it here as an image.

<h2>DATA:</h2><h2 /><h3>Last Year:</h3>

      Labor Input = $30,100

      Raw Materials Input = $35,100

      Energy Input = $5010

      Capital Input = $50,010

      Other Input = $2010

      Sales Output = $200,100

<h3 /><h3>This Year:</h3>

      Labor Input = $40,100

      Raw Materials Input = $45,100

      Energy Input = $6050

      Capital Input = $49,750

      Other Input = $2875

      Sales Output = $202,100

<h2>FORMULA:</h2>

Productivity = Output / Input

<h2>CALCULATION:</h2>

Total Input of Last Year =

                             $ (30,100 + 35,100 + 5010 + 50,010 + 2010) = $122,230

Total Input of This Year =

                             $ (40,100 + 45,100 + 6050 + 49,750 + 2875) = $143,875

<h3>TOTAL PRODUCTIVITY:</h3><h3 />

                                               Last Year                                 This Year

Output in ($)                         $200100                                 $202100

Input in ($)                              $122230                                 $143875

Total Productivity      200100 / 122230 = 1.64          202100 / 143875 = 1.40

<h3></h3><h3>PARTIAL PRODUCTIVITY:</h3><h3></h3><h3>Last Year:</h3>

Partial Productivity Labor = 200100 / 30100 = 6.65

Partial Productivity Capital = 200100 / 50010 = 4.00

Partial Productivity Raw Materials = 200100 / 35100 = 5.70

<h3>This Year:</h3>

Partial Productivity Labor = 202100 / 40100 = 5.04

Partial Productivity Capital = 202100 / 49750 = 4.06

Partial Productivity Raw Materials = 202100 / 45100 = 4.48

3 0
4 years ago
How can a renter reduce the amount of money he or she spends on monthly
DIA [1.3K]

Answer:

Option C.

Explanation:

From the options given above, the correct way a renter can reduce their rent it to get a roommate or roommate. Getting just one roommate can help to reduce your basic living expenses by 30%.

This is achievable because various costs like rent, utilities, and even groceries can be shared among the roommates.

The only downside to this method is the lack of privacy that comes with having roommates. But in general, having roommates is a sure way for renters to spend less, or live in a nicer location.

4 0
3 years ago
Tara has started a new job and has been assigned to work on a team. She is anxious about getting along with her new team members
kap26 [50]
B. Avoid gossip
Getting along with team means being yourself and not gossiping with others.

C is not the answer because you want to make sure you are aware of complaints.
D is not the answer because when you give gifts, sometimes people can take advantage of you because they know you want to get along with them
A is not the answer because to get along and work together you have to share ideas
6 0
3 years ago
Read 2 more answers
Maxie's Game World sold games to a customer on credit for $2,600, terms 1/10, n/30 and the cost of the games was $1,700. When re
aleksandrvk [35]

Answer:

$2,600 in the Accounts Receivable Dr./Sales Cr. column and $1,700 in the Cost of Goods Sold Dr./Inventory Cr. column.

Explanation:

If we assume that Maxie's Game World uses a perpetual inventory system, the appropriate journal entries should be:

Date XXX, merchandise sold on credit to client YYY, terms 1/10, n/30

Dr Accounts receivable 2,600

    Cr Sales revenue 2,600

Dr Cost of goods sold 1,700

    Cr Merchandise inventory 1,700

7 0
3 years ago
Other questions:
  • Herman, who is not a dependent, states he wishes to claim EITC this year for his 35-year-old dependent child. Both reside in the
    8·1 answer
  • Veronica's dress shop marks down a pair of shoes 15% when the customer purchases the shoes with a dress or pantsuit. the sale pr
    15·2 answers
  • On March 9, 2009, the Dow Jones Industrial Average reached a new low at a close of 7,447.50, which was down 98.34 that day. What
    11·1 answer
  • Violet negotiates with Urban Credit Corporation to obtain a loan for $85,000 to buy a home. During the negotiations, Urban Credi
    9·1 answer
  • Which of the elements of this scenario represent a flow from a household to a firm? This could be a flow of dollars, inputs, or
    7·1 answer
  • Riley Inc.'s charter authorizes 1,000 shares of stock at a stated value of $10 per share. Riley issues 50 shares of stock at its
    7·1 answer
  • Bryant Company designs and builds fancy dining room tables for individual customers. On July 1, there were two jobs in process:
    15·1 answer
  • A situation analysis refers to
    9·1 answer
  • Which one of the following is not a financial intermediary?
    9·2 answers
  • if 2022 murano’s available intelligent climate control starts in automatic defrost mode, what other features, if equipped, are a
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!