QUESTION 1 of 10: Large-cap stocks have a market capitalization of:

The Jackson-Timberlake Wardrobe Co. just paid a dividend of $2.15 per share on its stock. The dividends are expected to grow at

xxTIMURxx [149]

Answer:

(a) $34.4

(b) $38.70(Approx).

(c) $61.9524

Explanation:

(a) Current price:

$=\frac{D1}{Required\ return-Growth\ rate}$

$=\frac{2.15\times(1+0.04)}{0.105-0.04}$

$=\frac{2.15\times 1.04}{0.105-0.04}$

= $34.4

We use the formula:

$A=P(1+\frac{r}{100} )^{n}$

where,

A = future value

P = present value

r = rate of interest

n = time period

(b) $A=P(1+\frac{r}{100} )^{n}$

$A=34.4(1.04 )^{3}$

= 34.4 × 1.124864

= $38.6953

= $38.70(Approx).

(c) $A=P(1+\frac{r}{100} )^{n}$

$A=34.4(1.04 )^{15}$

= 34.4 × 1.80094351

= $38.6953

= $61.9524

3 0

3 years ago

In the long run the prices charged by a firm in monopolistic competition will be

kumpel [21]

Answer: The correct answer is "d. equal to average cost, including the opportunity cost of capital.".

Explanation: In the long run the prices charged by a firm in monopolistic competition will be equal to average cost, including the opportunity cost of capital.

In long-term monopolistic competition, the demand curve will be tangent to the average long-term cost and the price set at this level. The benefits will be equal to zero and therefore there will be no entry or exit of companies.

6 0

3 years ago

Tray's job is to survey personnel, customers, and corporate partners regarding what other firms in the market are doing. He also

Basile [38]

Answer:

The correct answer is letter "E": competitive intelligence.

Explanation:

Competitive intelligence refers to gathering and analyzing corporate information that could affect a firm's competitive advantage. Thanks to the information gathered companies can mirror other institution's good practices to increase efficiency and effectiveness, thus, revenue.

3 0

3 years ago

In a job order cost accounting system, when goods that have been ordered are received, the receiving department personnel count

antiseptic1488 [7]

Answer:

The correct answer is letter "A": receiving report.

Explanation:

A receiving report is the document in which the goods purchased and received from a supplier are recorded. The document contains the details of the supplier, the type, price, and quantity of the goods being exchanged, and the conditions of the items. It is useful to keep the inventory updated and to eliminate the pending job orders from the records.

6 0

3 years ago

The first step in the decision-making process is A. evaluating the alternatives. B. evaluating the effectiveness of the chosen a

Roman55 [17]

<u>Answer: </u>Option D

<u>Explanation:</u>

Decision making means the important and timely action that needs to be taken. Decision making has six steps involved in the process the first step is to identify the problem or the decision to be made. In the second step the possible alternatives solutions are listed. Third step is to identify the consequences of the alternatives and ways it affects other peoples.

Fourth step is to consider the values before taking the decision. Fifth step is to make decision and take action accordingly. The final and sixth step is to evaluate the decision made.

7 0

3 years ago