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Dominik [7]
3 years ago
14

Stoneheart Group is expected to pay a dividend of $3.23 next year. The company's dividend growth rate is expected to be 3.6 perc

ent indefinitely and investors require a return of 12 percent on the company's stock. What is the stock price?
Business
1 answer:
prisoha [69]3 years ago
7 0

Answer:

$38.45

Explanation:

Data provided

Next year dividend = $3.23

Required rate of return = $12%

Growth rate = 3.6%

The solution of the stock price is shown below:-

Stock price = Next year dividend ÷ (Required rate of return - Growth rate)

= $3.23 ÷ (12% - 3.6%)

= $38.45

So, we have solved the stock price with the help of above formula.

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Estimates of current rates of extinction:_____________
NemiM [27]

It is to be noted that the current rates of extinction as relates to certain animals and plants species show the rates to be higher than the mass extinctions at the end of the Cretaceous Period.

<h3>What is the rate of extinction?</h3>

Rates of extinction simply refer to how quickly species are becoming non-existent.

The rates are said to be on the average of 100 E/MSY. In 2020 for instance about 15 species (according to IUC) were declared extinct.

E/MSY is Extinctions per Million Species-Years. The correct answer, thus, is C.

See the link below for more about rates of extinction:

brainly.com/question/17525293

7 0
2 years ago
Explain migration of population in economics.<br> pls its urgent
daser333 [38]

Answer:

Migration refers to the movement of a group of people from one geographical region (location) to another geographical destination in search of better living conditions, work or social amenities.

Explanation:

Migration refers to the movement of a group of people from one geographical region (location) to another geographical destination in search of better living conditions, work or social amenities.

Migration selectivity can be defined as the likelihood or tendency that a subset (part) of a group of people are going to move (migrate) out of a particular geographical location or area.

Some of the factors that influence migration selectivity are income level, age, education, gender etc.

One way migration affects various locations across the world such as Texas, Brazil, Paris, Rome, Stuttgart, Kyiv, etc., includes the establishment of different restaurants. For example, the establishment of KFC, McDonalds, Mr Biggs were influenced by the migration of people across European cities and as such served as tourist attraction centers, thus, positively affecting the character of these places.

6 0
3 years ago
On April 1, Garcia Publishing Company received $32,580 from Otisco, Inc. for 36-month subscriptions to several different magazin
Oksi-84 [34.3K]

Answer: Debit Unearned Fees, $8,145; Credit Fees Earned, $8,145.

Explanation:

The $32,580 are for 36 months so the amount per month would need to be calculated.

= 32,580/36

= $905

The subscriptions were paid on the 1st of April which means that only 9 months (April to December) of the first year will have revenue recognized for them.

= 905 * 9

= $8,145

Correct entry would be to debit the Unearned fees account as it is a liability that needs to reduce to reflect that fees have now been recognized.

Credit the Fees Earned account to recognize revenue.

Debit Unearned Fees, $8,145; Credit Fees Earned, $8,145.

4 0
3 years ago
A public debt which is owed to foreigners can be burdensome because: a foreign interest rates are persistently higher than domes
yulyashka [42]
<span>A public debt owed to foreigners can be burdensome because B) payment of interest reduces the volume of goods. This can usually be seen illustrated in the form of a nation lending another nation money. The debt is public because the whole nation takes it on. The lending nation then is lacking in terms of use by the lending nation.</span>
4 0
4 years ago
A seller (or provider) of goods or services to a business organization, usually a manufacturer or wholesaler, is known as a:
Hatshy [7]
He is known as a VENDOR. A vendor is a part of the supply chain, he makes goods and services available to companies and consumers. Companies typically provide a vendor with purchase order which clearly states the products that the company wants to buy, the number of units needed, the price, the delivery date and other specifics.
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3 years ago
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