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Elena-2011 [213]
3 years ago
8

Healthy Foods just paid its annual dividend of $2.90 a share yesterday. The firm recently announced that all future dividends wi

ll be increased by 2.8 percent annually. What is one share of this stock worth to you today if you require a 14 percent rate of return?
Business
1 answer:
ra1l [238]3 years ago
4 0

Answer:

$26.617

Explanation:

Stock price = D1 ÷ (r - g)

where,

D1 = next expected dividend  

r = required return  = 14 percent

g = growth rate  = 2.8 percent

Therefore, the stock price will be as follows:

= [$2.90 × (1 + 2.8%)] ÷ (14% - 2.8%)

= 2.9812 ÷ 11.2%

= $26.617

Therefore, one share of this stock worth $26.617 today if I require a 14 percent rate of return.

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Rafner Manufacturing identified the following budgeted data in its two production departments. Assembly Finishing Manufacturing
miss Akunina [59]

Answer:

1. $53.75 per direct labor hour

2. $80.625 per machine hour

Explanation:

Total manufacturing overhead costs= $1112500+$500000  = $1612500

Total direct labor hours= 11000+19000=30000

Total machine hours= 5000+15000=20000

1.       Company’s single plantwide overhead rate based on direct labor hours

= Estimated overhead costs/Estimated direct labor hours

=$1612500/30000 =$53.75 per direct labor hour

2.       Company’s single plantwide overhead rate based on machine hours

= Estimated overhead costs/Estimated Machine hours

=$1612500/20000 =$80.625 per machine hour

3 0
3 years ago
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klasskru [66]

This is done by connecting a device called a modem to the digital computer. This process of converting a digital signal to an analog signal is known as modulation. On the receiving end, the incoming analog signal is converted back to digital form in a process known as demodulation.

7 0
4 years ago
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Which of the following is an example of how advanced technology has helped the modern economy ?
OlgaM077 [116]
Its between a an B  but i think its A
7 0
4 years ago
Which quote best represents a person performing a cost-benefit analysis​
sergiy2304 [10]
I need help on that too
4 0
3 years ago
One bag of flour is sold for $1.00 to a bakery, which uses the flour to bake bread that is sold for $3.00 to consumers. A second
Phoenix [80]

Answer:

The correct answer is option b.

Explanation:

GDP is a measure of economic growth that shows the level of final goods and services produced in an economy in a year. It includes only final goods and services, intermediate goods are not included.  

So here the value of flour used to make bread will not be included as it is an intermediate good. But the value of bread will be included. The value of the second bag of the floor will be included as it is a final good sold to the consumer.  

Increase in GDP

= $3 + $2

= $5

8 0
3 years ago
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