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aivan3 [116]
2 years ago
6

The common stock of RMW Inc. is selling at $88 a share. It just paid a dividend of $4. Investors expect a return of 15 percent o

n their investment in RMW Inc. From this information, what is the expected growth rate of future dividends?
Select one:
a. 9%
b. 10%
c. 11.5%
d. 12%
Business
1 answer:
Nina [5.8K]2 years ago
6 0

Answer:

12%

Explanation:

R=D1/P0+g

15  =4/88+g

 15 =0.0454+g

15/15=0.0454/15 +g

g=0.3026

.15-0.03=.12

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If you cannot make a tax payment in full, what is the BEST next step to take?
alexira [117]

Answer:

Contact the IRS to see if there is a payment plan that works for you.

Explanation:

In a situation where someone determines that they cannot pay the tax liability, it is advisable to still file the tax return by the stipulated deadline. Additionally, contact the Internal Revenue Services(IRS) and explain your situation; they most likely have other payment plans that would work for you. Ignoring the tax bill and hoping that IRS will overlook it can lead to penalty; this might be very costly.

8 0
3 years ago
The risk-free rate is 2.2 percent and the market expected return is 11.9 percent. What is the expected return of a stock that ha
zepelin [54]

Answer:

the expected return of a stock is 10.542%

Explanation:

The computation of the expected return on a stock is shown below:

Expected return on stock is

= Risk free rate + beta × (market rate of return - risk free rate)

= 2.2% + 0.86 × (11.9% - 2.2%)

= 2.2% + 0.86 × 9.7%

= 2.2% + 8.342

= 10.542%

hence, the expected return of a stock is 10.542%

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And, the same is to be considered

5 0
3 years ago
The Phoenix Corporation's fiscal year ends on December 31. Phoenix determines inventory quantity by a physical count of inventor
lutik1710 [3]

Answer:

1. Merchandise held on consignment for Trout Creek Clothing.

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2. Goods shipped f.o.b. destination on December 28 that arrived at the customer's location on January 4.

  • Included in the company's year-end inventory because FOB destination shipments transfer ownership only after they are delivered, not while on transit.

3. Goods purchased from a vendor shipped f.o.b. shipping point on December 26 that arrived on January 3.

  • Included in the company's year-end inventory because FOB shipping point shipments transfer ownership after they leave the seller's facilities.

4. Goods shipped f.o.b. shipping point on December 28 that arrived at the customer's location on January 5.

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5. Phoenix had merchandise on consignment at Lisa's Markets, Inc.

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6. Goods purchased from a vendor shipped f.o.b. destination on December 27 that arrived on January 3.

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7. Freight charges on goods purchased in 3.

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3 0
3 years ago
Blossom, Inc. decided to establish a petty cash fund to help ensure internal control over its small cash expenditures. The follo
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Answer:

The Journal entry with their narrations shown below:-

Explanation:

The Journal Entry is shown below:-

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       To Cash $271

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2. Freight-in Expenses(delivery charges) Dr, $76

Supplies expenses Dr, $41

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(Being disbursement of cash is recorded)

3. Petty cash Dr,  $116

       To cash  $116

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Presto will record the acquisition cost of the equipment as $22,250 (21,500+430+320) which is the total cost for making the fixed asset ready for operation. The Generally accepted accounting principle requires a company to record all of the acquisition cost of a fixed asset. Thus, Presto company must capitalize all cost related to the fixed asset.
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3 years ago
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