Assist marketing objectives and help a company reach its goals.

Gilmore, Inc., just paid a dividend of $3.15 per share on its stock. The dividends are expected to grow at a constant rate of 6

egoroff_w [7]

Answer:

$66.78

Explanation:

Dividend Valuation method is used to value the stock price of a company based on the dividend paid, its growth rate and rate of return. The price is calculated by calculating present value of future dividend payment.

Value of Share = Dividend / (Rate of return - Growth rate)

P0 = D0 ( 1 + g ) / ( r - g )

where

P0 = Value of stock at time 0 / today = ?

D0 = Dividend paid at time 0 / current = $3.15

g = growth rate = 6%

r = rate of return = 11%

Placing all these values in the formula

P0 = $3.15 ( 1 + 6% ) / ( 11% - 6% )

P0 = $3.339 / 5%

P0 = $66.78

4 0

4 years ago

Read 2 more answers

Jane was a partner at a law firm earning $223,000 per year. She left the firm to open her own law practice. In the first year of

In-s [12.5K]

Answer:

accounting profit from her first year = $184000

so correct option is D. $184,000

Explanation:

given data

earning = $223,000 per year

generated revenues = $347,000

explicit costs = $163,000

to find out

accounting profit from her first year

solution

we know that accounting profit is the difference between explicit cost and explicit revenue so

we get accounting profit from her first year is as

accounting profit from her first year = generated revenues - explicit costs .................1

put here value we get

accounting profit from her first year = $347000 - $163000

accounting profit from her first year = $184000

so correct option is D. $184,000

6 0

3 years ago

What is globalization?

vagabundo [1.1K]

Globalisation is the growing interconnectivity of the world through the use of trade, travel and media.

4 0

3 years ago

XYZ Corp. applies manufacturing overhead costs to products at a budgeted indirect-cost rate of $65 per direct manufacturing labo

anzhelika [568]

Answer:

Total production costs= $57,500

Explanation:

Giving the following information:

Estimated manufacturing overhead rate= $65 per direct manufacturing labor-hour.

Direct materials of $35,000

250 direct manufacturing labor-hours at $25 per hour

<u>First, we need to allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 65*250= $16,250

<u>Now, the total production costs:</u>

Total production costs= 35,000 + 25*250 + 16,250

Total production costs= $57,500

8 0

3 years ago

Estella is trying to create an advertising message that communicates the tangible features of her company's laptop computers, te

nirvana33 [79]

Answer:

The correct answer is b) informational

Explanation:

The informational appear allows to show and explain detailly to customer the features and benefits that a product can gives. It is used to persuade the customer to purshase a specific product or service.

8 0

3 years ago