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Arisa [49]
3 years ago
7

City Equipment announced this morning that its next annual dividend will be decreased to $1.90 a share and that all future divid

ends will be decreased by an additional 1.9 percent annually. What is the current value per share if the required return is 16.8 percent?
Business
1 answer:
FrozenT [24]3 years ago
4 0

Answer:

$10.16

Explanation:

Calculation for What is the current value per share if the required return is 16.8 percent

Using this formula

Current value per share Decreased in Annual dividend/Decreased in future dividends +Required return

Let plug in the formula

Current value per share =$1.90/1.9 percent+16.8 percent

Current value per share =$1.90/0.187

Current value per share =$10.16

Therefore the current value per share if the required return is 16.8 percent will be $10.16

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If a startup pioneers an industry or a new concept within an industry, the name recognition the startup establishes may create a
Sidana [21]

Option D

If a startup pioneers an industry or a new concept within an industry, the name recognition the startup establishes may create a formidable nontraditional barrier to entry referred to as a(n): first-mover advantage

<u>Explanation:</u>

The first-mover advantage commits to a benefit obtained by a company that prime proposes a commodity or service to the business. The first-mover advantage enables a company to build powerful brand recognition and product/service reliability ere other competitors.

First movers in an industry are nearly constantly supplanted by opponents that strive to gain on the first mover's success and grow market share. The limitations of first movers cover the chance of products being duplicated or enhanced upon by the opposition.

3 0
3 years ago
Highlight the difference between progressive and regressive tax.
Misha Larkins [42]

Answer:

see below

Explanation:

A progressive tax system imposes taxes depending on income earned. The higher the income, the higher the tax rate. It means individuals and entities with a higher income with pay more taxes. A progressive tax system promotes equity by imposing higher taxes on the wealthy and lower taxes on the poor. The US income tax system is an example of a progressive tax.

A regressive tax system does not discriminate on income. It taxes all eligible taxpayers equally regardless of their income level. A regressive tax applies the same tax rate for everyone. Sale tax imposed on goods sold is an example of regressive tax. The regressive tax system takes a higher proposition of income from the low-income earners.

4 0
3 years ago
Being a mason requires a five-year apprenticeship, a program that requires trainees to work for an experienced mason in order to
andrey2020 [161]

It is a false statement that to become a mason requires a five-year apprenticeship,

<h3>Who is a mason?</h3>

These are people that have some skills to carry out some of their responsibilities.

The profession is known as one uses that uses bricks, concrete blocks etc build structures such as walls, walkways, etc

The apprenticeship years for mason varies from people to people, therefore, it is a false statement.

Read more about mason

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4 0
2 years ago
5. One-year interest rates are 2% in the U.S. and 5% in Canada. “Jackie the carry trader” borrows $3,000,000 to execute a carry
pogonyaev

A)

  • Firstly convert $3000000 into CAD

          So, CAD is 3405221.33938

  • Invest CAD  in Canada 5% for 1 year
  • In t= 1yr realize canadian investment with interest so, CAD  on maturity

        = CAD 3405221.33938 (1+ 0.05)

        = CAD 3575482.40634

  • Again now convert CAD into US $ so, equivalent  US $ realised on conversion = CAD 3575482.40634 * $0.865/ CAD

                            = $ 3092792.28148

  • US repayment = $ 3000000*(1+ 0.02)

                                  = $ 3060000

That's why,

Profit over the year = $3092792.28148- $3060000

                                  = $32792.28148

B) doesn't depreciates relative to USD

C) appreciates relative to Canadian dollar

D) BEEX = US$ borrowings to be repaid with interest/ CAD realized with interest on maturity

               = $3060000/ CAD 3575482.40634

               = 0.8558

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7 0
2 years ago
Sutton Enterprises makes gadgets using a two-step process that involves machining and assembly, respectively. During the period,
MaRussiya [10]

Answer:

Total equivalent units= 11,890

Explanation:

Giving the following information:

Assembly Department completes 10,200 gadgets and transfers them to Finished Goods Inventory.

The Assembly Department has 2,600 gadgets in the process that are 65% complete for conversion.

<u>To calculate the equivalent units, we need to multiply the % complete for the number of units started:</u>

Units completed= 10,200

Units in ending inventory= 2,600*0.65= 1,690

Total equivalent units= 11,890

5 0
3 years ago
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