Answer:
e)  $37.05
Explanation:
Using the dividend growth model, the value of a stock is the present value of the future dividends receivable discounted at the required rate of return . The required rate of return is given as 12%.
So we discount the year 3 dividend using the dividend growth model formula
P = D (1+g)/r-g
r- rate of return, g = growth rate
Present value of the future dividends:
PV of Year 1 = 1.55(1.015)m × 1.12^(-1)
                      = 1.4047
PV of Year 2 = 1.55 (1.015)(1.015) × 1.12^(-2)
                      =  1.27 
PV of Year 3 (this will be done in two steps)
Step 1; PV (in yr 2) of year 3 dividend 
= (1.55)(1.015)^2×(1.08)/(0.12-0.08)
=43.114
Step 2 : PV (in yr 2) of year 3 dividend 
   =43.114 × (1.12^(-2))
    = 34.37
 Best estimate of stock = 1.40 + 1.27 +34.37
                                        = $37.05
Note 
To discount the year 3 dividend, we use two steps. The first stp helps get the PV in year 2, and step 3 helps to take it further to the PV in year 0
          
 
        
             
        
        
        
Answer: 2.4%
Explanation:
Cash dividend = $0.85
Earnings per share = $3.50
Market price per share = $35.50
The dividend yield will be calculated as:
= Cash dividends / Market price per share
= $0.85 / $35.50
= 0.024
= 2.4%
The dividend yield is 2.4%.
 
        
             
        
        
        
Answer:
2016 = $3.36
2017 = $4.59
Explanation:
The solution of total assets turnover is shown below:-
Particulars                                              2016          2017  
Total assets in the beginning     $1,686,000    $1,800,000
Total assets at the end                $1,800,000    $1,982,000
Average assets                            $1,743,000    $1,891,000
(Assets in the beginning + Assets at end) ÷ 2	
Sales revenue                               $5,856,480   $8,679,690
Total assets turnover                     $3.36              $4.59
(Sales revenue ÷ Average Total assets)
 
        
             
        
        
        
Answer:
c.  It hopes to make more money available for loans
hope this helps!
add me/mark brainist<3
 
        
             
        
        
        
Answer:
$69020
Explanation:
Selling price -$54
Incremental selling price =54*(1-0.16)=45.36
Incremental sales - 45.36*7000= 317520
Contribution - 
Direct materials = 24*7000 =     (168000)
Direct labor = 6*7000 =              (42000)
Variable manufacturing =           (21000)     (3*7000)
Variable selling price =                (3500)        2*(1-0.75)
Total contribution =                      83020
Additional cost of machine       (14,000)
Incremental profit                        69,020