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chubhunter [2.5K]
3 years ago
15

Roy's Welding common stock sells for $64.20 a share and pays an annual dividend that increases by 4.30 percent annually. The mar

ket rate of return on this stock is 14.6 percent. What is the amount of this year's dividend paid last week
Business
1 answer:
AnnyKZ [126]3 years ago
5 0

Answer:

$6.91

Explanation:

Roys welding common stock sells for $64.20

The annual dividend increase by 4.30%

The market rate of return is 14.6%

Therefore the amount of dividend paid last week can be calculated as follows

64.20 = last week stock × (1-0.043)÷(0.146-0.043)

64.20 = last week stock × 0.957÷ 0.103

64.20 × 0.103 = last week stock × 0.957

= 6.6126 = last week stock × 0.957

Last week stock = 6.6126/0.957

= $6.91

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Most companies have the need for a _________ department that can quickly repair and troubleshoot systems, as well as provide tec
iragen [17]

Answer:

IT Department

Explanation:

Most companies have the need for an  <em>IT</em> department that can quickly repair and troubleshoot systems, as well as provide technical support to employees.

An T Department takes care of all the technical streams running throughout the office. f any error or shortcoming occurs, the IT department makes sure they get rid of the bug that is causing the glitch.

They help the employees and provide them with technical support, since now a days, companies are 50% based on technology and any trouble can cause harm to the organization.

4 0
3 years ago
What is a fixed rate?
Dovator [93]

Answer:

A fixed interest rate loan is a loan where the interest rate doesn't fluctuate during the fixed rate period of the loan.

Explanation:

a fixed rate could also be calculated if you want to know how to calculate fixed rate i could tell you

5 0
3 years ago
the common sotkc of Ubees is currently sold at $26.35 per share, and it just a divident of $1.00 last year. The flotation costs
White raven [17]

Answer:

11.06%

Explanation:

Cost of equity = (D1/Current price) + Growth rate

Cost of equity = [(1.00*1.07)/26.35] + 0.07

Cost of equity = 0.04061 + 0.07

Cost of equity = 0.11061

Cost of equity = 11.06%

So, Ubees's cost of internal common equity is 11.06%.

7 0
3 years ago
what is designed to ensure that the day to day activities are consistent with the established plans and objectives
kodGreya [7K]

Operational control systems are made to make sure that daily operations follow predetermined plans and goals.

What is operational system?

Data warehousing (tabular form) uses the phrase "operational system" to describe a system that processes an organization's daily transactions. Automating corporate processes is the main goal of operational systems.

Operational control systems have established strategies and objectives and concentrate on daily operations. Management control systems are the ancestors of operational control systems. Operational control systems oversee daily operations as well as training initiatives, employee engagement, leadership, and communication.

As a result, operational control systems are designed to ensure that day-to-day actions are consistent with established plans and objectives.

Learn more about on operational system, here:

brainly.com/question/6689423

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6 0
1 year ago
Racing Motors wants to save $825,000 to buy some new equipment three years from now. The plan is to set aside an equal amount of
victus00 [196]

Answer:

$63,932.91

Explanation:

FV = $825,000

Number of payments = 4 quarters * 3 years = 12

Rate = 4.45%, assuming per annual

The amount company need to save each quarter is the payment amount.

We can easily calculate payment amount by formula in excel =PMT(4.45%/4,12,,825000,1) = 63,932.91

6 0
3 years ago
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