Answer:
A). 17.13 %
Explanation:
Given that,
Annual Dividend for the first year = $.58,
Annual Dividend for the second year = $.66
Annual Dividend for the third year = $.72
Annual Dividend for the fourth year = $.75
The current price per share = $10.08
To find;
The cost of equity = ?
Procedure:
(0.66 - 0.58)/0.58 = 0.137931034
(0.72 - 0.66)/0.66 = 0. 0909090909
(0.75 - 0.72)/0.72 = 0.0416666667
g = (0.137931034 + 0. 0909090909 + 0.0416666667)/3
= 0.0901689305
= {(0.75 * 1.0901689305)/10.08} + 0.0901689305
= 0.17128269
∵ 17.13% is the cost of equity.
Answer:
the times was interest earned in Year 3 is 11.2 times
Explanation:
The computation of the times interest earned ratio is given below:
The times interest earned ratio is
= (Net income+ Income tax expense+ Interest expense) ÷ Interest expense
= ($25,500 + $25,500 + $5,000) ÷ $5,000
= 11.2 times
Hence, the times was interest earned in Year 3 is 11.2 times
The same is to be relevant
Answer:
$5
Explanation:
Equilibrium is when the quantity demanded equals the quantity supplied.
At $5, quantity demanded = quantity supplied = 6
At the other prices, quantity demanded isn't equal to quantity supplied.
I hope my answer helps you
A product with a high level of elasticity of demand has the feature of the B. Demand for the product rises and falls depending on circumstances.
<h3>What is Elasticity of Demand?</h3>
This refers to the extent to which there is a price change that causes a product to have a change in demand.
Hence, we can see that when there is a high elasticity of demand, it is usually because there is a variable change in the quantity demanded in relation to its price and this means that B. Demand for the product rises and falls depending on circumstances.
Read more about elasticity of demand here:
brainly.com/question/19141990
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