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erica [24]
3 years ago
5

NoGrowth Industries presently pays an annual dividend of $ 1.90 per share and it is expected that these dividend payments will c

ontinue indefinitely. If​ NoGrowth's equity cost of capital is 11​%, then the value of a share of​ NoGrowth's stock is closest​ to: A. $ 20.72 B. $ 19.00 C. $ 17.27 D. $ 13.82
Business
1 answer:
dybincka [34]3 years ago
5 0

Answer:

$17.27

Explanation:

The stock intrinsic value is calculated using dividend discounted model (DDM). The DDM is stated as below:

Stock intrinsic value = [This year dividend x (1 + Dividend growth)]/[Equity cost of capital - Dividend growth]

                                  = [1.9 x (1 + 0%)]/[11% - 0%] = $17.27

So vlaue of NoGrowth's stock is estimated at $17.27

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The liabilities of Blue Spruce Company are $87,000. Common stock account is $145,000; dividends are $44,000; revenues, $462,000;
kotykmax [81]

Answer:

$332,000

Explanation:

Given that,

Liabilities = $87,000

Common stock = $ 145,000

Revenue = $ 462,000

Expenses = $ 318,000

Dividends = $ 44,000

Total assets = Liabilities + Common stock + Revenue – Expenses – Dividends

                     = $87,000 + $ 145,000 + $ 462,000 - $ 318,000 - $ 44,000

                     = $ 694,000 - $ 362,000

                    = $332,000

Therefore, the amount of Blue Spruce Company’s total assets is $332,000.

4 0
3 years ago
Select all that apply.
FrozenT [24]
The answer is :
B,c&d
5 0
2 years ago
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In his search for a franchised business that would satisfy his passion for the outdoors and earn him a decent living, Andrew not
maxonik [38]

Answer:

royalties

Explanation:

According to my research on franchised businesses, I can say that based on the information provided within the question in business this obligation is referred to as royalties. These is an obligation in which the franchisee agrees to pay the franchiser a set percentage of the profits made under the licensed company. Like seen in the question the royalty percentages depend on the company as well as what is agreed upon when signing the licensing agreement.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
Explain in brief about market development​
Westkost [7]

Answer:

Market development is a strategic step taken by a company to develop the existing market rather than looking for a new market. The company looks for new buyers to pitch the product to a different segment of consumers in an effort to increase sales.

3 0
3 years ago
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In the planning process, _____ are the specific results or desired outcomes that one intends to achieve.
ollegr [7]
<span>Planning (also called forethought) is the process of thinking about and organizing the activities required to achieve a desired goal. It involves the creation and maintenance of a plan, such as psychological aspects that require conceptual skills.</span>
3 0
3 years ago
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