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Karolina [17]
3 years ago
10

River rock, inc. just paid an annual dividend of $2.80. the company has increased its dividend by 2.5 percent a year for the pas

t ten years and expects to continue doing so. what will a share of this stock be worth six years from now if the required return is 16 percent?
Business
1 answer:
belka [17]3 years ago
5 0
The answer to this should be 24.65.
I could be wrong but I think you are suppose to add.

Hope this helped :)
Have a great day
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With practical illustration, how can managers leverage on organizational behavior components to maximize business success
densk [106]

Explanation:

The study of organizational behavior in a company can be beneficial for managers to optimize people management practices.

The attitudes of employees in an organization are responsible for creating an organizational climate focused on harmony and ethics, so it is necessary for managers to know the profile and motivations of employees, to develop strategies that will help in creating a favorable organizational culture. the development of skills and abilities.

Knowing organizational human capital is extremely necessary to analyze how employees communicate individually and in teams, in order to develop tactics that maximize their potential and keep them motivated and engaged, so that there is integration and increased employee productivity, an essential factor for assist in business maximization and success.

3 0
3 years ago
PRO FORMA INCOME STATEMENT Austin Grocers recently reported the following 2016 income statement (in millions of dollars): Sales
padilas [110]

Answer:

Net income = $169.2

Growth in dividend = 76.25%

Explanation:

The projected figures are as below:

Sales = $700 x (1 + 15%) = $805 <em>(15% increase in sales)</em>

Operating costs including depreciation = $805 x 60% = $483 <em>(60% of sales)</em>

Interest expense = 40 <em>(remain constant)</em>

EBIT = Sales - Operating costs including depreciation = $805 - $483 = $322

EBT = EBIT - Interest expense = $322 - $40 = $282

Net income = EBT x (1 - Tax rate) = $282 x (1 - 40$) = $169.2

Dividend = Net income x Dividend payout ratio = $169.2 x (32/96) = $56.4

Growth in dividend = $56.4/$32 = 76.25%

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4 0
3 years ago
July 31: during july, ps music provided guest disc jockeys for kxmd for a total of 115 hours. the contract requires ps music to
Cloud [144]

Answer:

The journal entries to record service revenue during July should be:

Dr Cash 3,600

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Dr Accounts receivable [(115 - 80 hours) x $40] 1,400

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Since the company has collected only the regular hours provided according to the contract, the remaining hours should be recorded as accounts receivable.

5 0
3 years ago
William and Charlotte Collins divorced in November of Year 1. William moved out and Charlotte remained in their house with their
musickatia [10]

Answer:

Charlotte has the priority to claim Autumn as her dependent even though William covered 70% of her living expenses during the year. In order for a parent to be able to claim a child as a dependent, he/she must live with the child for more than half the year. In this case, since William left the house, Charlotte has preference over claiming Autumn as her dependent (even though William lived with Autumn for 10 months). Also, a parent always has priority over other relatives including a grandparent.

7 0
3 years ago
As a member of the crisis management team, you will attend our biannual crisis management workshops. These workshops will prepar
marin [14]

Answer: Topic Sentence

Explanation:

The Topic sentence contains the idea that the whole paragraph is centered on. It is in the topic sentence that the leader gets a grasp of what is going on and then reads the support sentences to find out an elaboration of this sentence. For this reason it is usually the first sentence though not always.

In the text, the sentence <em>As a member of the crisis management team, you are required to attend our biannual crisis management workshops </em>is a topic sentence because it introduces the Crisis Management team and then elaborates on it.

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