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omeli [17]
3 years ago
11

Holtzman Clothiers's stock currently sells for $19.00 a share. It just paid a dividend of $4.00 a share (i.e., D0 = $4.00). The

dividend is expected to grow at a constant rate of 3% a year. What stock price is expected 1 year from now? Round your answer to the nearest cent. $ What is the required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. %
Business
1 answer:
Anarel [89]3 years ago
3 0

Answer and Explanation:

The computation is shown below:

a. The stock price expected one year from now is

= Stock sells per share × (1 + growth rate)

= $19 × (1 + 0.03)

= $19.57

= $20

b. The required rate of return is

= Dividend ÷ current price + growth rate

= ($4 × 1.03) ÷ $19 + 0.03

= 24.68%

The above formulas should be applied to determine each part

And, the same would be relevant

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Which of the following are true concerning tariffs and quotas? Consumers benefit from tariffs and quotas. Some domestic producer
diamong [38]

Answer:

The correct answers are letters "B" and "C": Some domestic producers benefit from tariffs and quotas; Government revenues may increase as a result of enacting tariffs.

Explanation:

Tariffs and quotas are taxes a country imposes on imports to promote domestic consumption of certain goods. This can be beneficial for those manufacturers and the country because in the case the foreign producers want to still offer their products in that region, they will need to pay higher tariffs, which is translated in more revenue for the country imposing the taxes.

8 0
4 years ago
What is the most significant difference between leaders and assembly line workers in regard affecting the behavior of others?
Gala2k [10]
The most significant difference between leaders and assembly line workers is the "Power".
The formal leaders have a formal power within the framework or system of an organization where they can influence others to work in the interests of the specific organization as opposed to assembly line workers, they lack this. 
3 0
3 years ago
Grove Co. acquired a production machine on January 1, 2019, at a cost of $575,000. The machine is expected to have a four-year u
DIA [1.3K]

Answer:

a. Production Units method

b. Straight Line depreciation

c. Double declining method

Explanation:

Straight Line Depreciation: [575,000 - 118,000] / 4 = 114,250 per year

Declining Balance Method :

Year 2019 : 19,360 / 88,000 * [ 575,000 - 118,000 ] = 100,540

Year 2020 : 28,160 / 88,000 * [ 575,000 - 118,000 ] = 146,240

Year 2021 : 24,640 / 88,000 * [ 575,000 - 118,000 ] = 127,960

Year 2022 : 15,840 / 88,000 * [ 575,000 - 118,000 ] = 82,260

7 0
3 years ago
You have spent weeks designing the project, gathering data and analyzing it. Now it is time to present your findings to senior e
Andrew [12]

Answer:

After spending weeks on a project, gathering data, followed by an analysis, when you are going to present your findings to the senior executes, In the very beginning of your report, in the executive summary, you can present and manifest and guide them about all the information, what they should know in making a decision

Explanation:

After spending weeks on a project, gathering data, followed by an analysis, when you are going to present your findings to the senior executes, you will have following 5 different course of actions;

Option 1: You can give them whole details through which you can have gone, meanwhile your discussion with the senior executives.

Option 2: Summary of the report in form of data tables can be provided without any recommendation and course of action suggested.

Option 3: You can also mention the information regarding the respondents of the research, if executives want to have follow-up and want to know to whom you have got your questionnaires filled up.

Option 4: In the very beginning, in the executive summary of the report, you can present and manifest and guide them about all the information, what they should know in making a decision

Option 5: You main focus could be primarily on the statistical analysis in your presentation, followed by the main recommendations at the end.

BEST POSSIBLE OPTION: As the senior executives are having very less time, therefore, it would be best for you present them with the information in the very beginning in the executive summary, in addition, all the information which they can consider to make a decision.

To recapitulate, keep the information needed to be considered for taking an action or decision, in your executive summary, in a best possible simple and short way.

5 0
4 years ago
The most significant difference between perfect competition and monopolistic competition is that
Arisa [49]
<span>Perfect competition, a market structure, where there are many sellers selling similar goods to the buyers. But monopolistic competition, is a market structure, where there are numerous sellers, selling close substitute goods to the buyers. Also the price in perfect competition, is determined by demand and supply forces, for the whole industry, comparing with monopolisti competition that every firm offer products to customers at its own price.</span>
7 0
3 years ago
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