1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Colt1911 [192]
3 years ago
14

Question 7

Business
1 answer:
elena-14-01-66 [18.8K]3 years ago
6 0

Today's share price for CCN is $16.67

Today's share price for CCN can be determined using the Gordon constant dividend growth model

The Gordon growth model is used to determine the value of the share of a firm using the value of its dividend with the assumption that the firm grows at a constant rate.

The formula of the Gordon constant dividend growth model :  

price = d1 / (r - g)

d1 = next dividend to be paid = $0.50

r = cost of equity = 12%

g = growth rate = 9%

0.50 / (12% - 9%)

0.50 / 3%

0.50 / 0.03

= $16.67

A similar question was answered here: brainly.com/question/15023105?referrer=searchResults

You might be interested in
AND is a boolean operator that refines an internet search to include all items in the search field
bija089 [108]
Is this a question??
7 0
3 years ago
Read 2 more answers
Delta Diamonds had 5 one-carat diamonds available for sale this year: 1 purchased June 1 for $500, 2 purchased July 9 for $550 e
NISA [10]

Using a periodic specific identification, Delta Diamonds' Inventory after the December 24 sale is <u>$2,250</u>.

<h3>What is the specific identification method?</h3>

The specific identification method is an inventory method that identifies specific inventories sold and uses their specific costs in valuing the cost of goods sold.

<h3>Data and Calculations:</h3>

Date             Units       Unit Cost         Total       Balance

June 1               1               $500          $500        $500

July 9               2              $550         $1,100      $1,600

Sept. 23           2              $600        $1,200     $2,800

Dec. 24           -1              $550          $550      $2,250

Thus, using a periodic specific identification, Delta Diamonds' Inventory after the December 24 sale is <u>$2,250</u>.

Learn more about specific identification methods at brainly.com/question/25056275

4 0
2 years ago
Choose all that apply. Select each of the costs or consequences of being financially irresponsible. having a low credit score ea
Aleksandr [31]
I feel all can apply?
hope this helped?! :/
8 0
3 years ago
Read 2 more answers
Kodak is a company name associated with photography. The company has recognized that digital photography is a threat to the futu
Ksivusya [100]

Answer:

The correct answer to the following question will be Option B (design competition).

Explanation:

  • Design competition seems to be a platform that allows participants to overcome a problem domain as well as compete against someone else, mostly their colleagues, to obtain an honor or perhaps a construction project.
  • In comparison to the greatest design, arts as well as architecture blogs around the world, A' Design Recognition and Competition distributes every information throughout the design internet networks.

Some other available options have no connection with the given scenario. So choice B seems to be the right answer to that.

5 0
3 years ago
Journalize the following transactions in the general journal: Sept. 1 Sold common stock for cash $60,000. 1 Paid rent for the mo
faust18 [17]

Answer: See explanation

Explanation:

September 1:

Debit Common stock $6000

Credit: Cash $60000

September 1:

Debit: Rent $1500

Credit: Cash $1500

September 3:

Debit: Cash $10000

Credit: Note payable $10000

September 3:

Debit: Cleaning Equipment $5,500

Credit: Cash $3,000

Credit: Account payable $2,500

September 4:

Debit: Supplies $4200

Credit: Cash $4200

September 10:

Debit: Cash $3500

Credit: Service revenue $3500

September 21:

Debit: Account receivable $3800

Credit: Service revenue $3800

September 23:

Debit: Account payable $2500

Credit: Cash $2500

September 28:

Debit: Bank $2800

Credit: Account receivable $2800

September 29:

Debit: Electricity expense $85

Credit: Electricity payable $85

September 30:

Debit: Wages $1950

Credit: Cash $1950

September 30:

Debit: Gasoline $275

Credit: Cash $275

September 30:

Debit Dividend $900

Credit Cash $900

3 0
3 years ago
Other questions:
  • Why do Marketers use perceptual maps as a means to display or graph in two dimensions the location of products or brands?
    9·1 answer
  • Rug Designs Inc, a manufacturer of large area rugs, markets its products throughout the United States using a network of regiona
    13·1 answer
  • List 5 store documents pls ASAP​
    15·1 answer
  • While it is often sufficient to rely on informal methods of estimating the market value of real estate assets, the complexity an
    15·2 answers
  • Which statement is FALSE concerning the skin's role in protection?Which statement is FALSE concerning the skin's role in protect
    13·1 answer
  • entrepreneurs are the back of the nation.in line with this statement evaluate the contribution of entrepreneurs to the nation by
    13·1 answer
  • In each part that follows, use the economic data given to find national saving, private saving, public saving, and the national
    8·1 answer
  • Effective service recovery entails all of the following EXCEPT _______. listening to the customer placing blame with the custome
    8·2 answers
  • How does increased competition through FDI in the form of greenfield investments affect the host country
    10·1 answer
  • in 2001 an outbreak of hoof-and-mouth disease in europe led to the burning of millions of cattle carcasses. discuss the demand a
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!