Answers
Answer:
$41.66
Explanation:
Let us assume the dividend in year n be denoted by Dn and the Stock price by Pn
Given that,
D0 = $1.50
Now
Growth rate for next 3 years
g1 = 15%
D1 = D0 × (1 + g1)
= 1.50 × (1 + 0.15)
= 1.725
D2 = D1 × (1 + g1)
= 1.725 × (1 + 0.15)
= 1.984
D3 = D2 × (1 + g1)
= 1.984 × (1 + 0.15)
= 2.282
Subsequent Growth rate = g2 = 4%
Now
D4 = D3 × (1 + g2)
= 2.282 × (1 + 0.04)
= 2.373
So, According to Gordon's Growth Rate,
P3 = D4 ÷(r - g2)
P3 = 2.373 ÷ (0.09 - 0.04)
= $47.46
Now
Value of Stock now is
= P0
= D1 ÷ (1 + r) + D2 ÷ (1 + r)^2 + D3 ÷ (1 + r)^3 + P3 ÷ (1 + r )^3
= 1.725 ÷ (1 + 0.09) + 1.984 ÷ (1 + 0.09)^2 + 2.282 ÷ (1 + 0.09)^3 + 47.46 ÷ (1 + 0.09)^3
= $41.66
Related Questions
Africanisation (how will you incorporate the learners culture or heritage into the contemporary socio-economic issues lesson
Answers
By incorporating culturally relevant examples, guest speakers, local data, cross-cultural comparisons, a multilingual approach, and artistic expressions, we can incorporate learners' culture or heritage into the contemporary socio-economic issues lesson.
To incorporate the learners' culture or heritage into a contemporary socio-economic issues lesson, it is important to create a culturally responsive and inclusive learning environment that recognizes and values the African context. Here are some strategies to achieve this:
Culturally Relevant Examples: Use examples and case studies from African countries or communities that relate to the socio-economic issues being discussed. This helps students connect with the content on a personal and cultural level, fostering engagement and understanding.
Guest Speakers and Community Involvement: Invite guest speakers from diverse African backgrounds who can share their experiences and perspectives on the socio-economic issues being studied. This provides authentic and firsthand insights into how these issues manifest in different African contexts.
Local Data and Research: Incorporate local data and research from African sources to illustrate the impact of socio-economic issues. This helps students see the relevance of these issues within their own communities and promotes a sense of ownership and empowerment.
Cross-Cultural Comparisons: Encourage students to explore and compare socio-economic issues between African countries, as well as with other regions of the world. This broadens their perspective, promotes critical thinking, and encourages understanding of global interconnections.
Multilingual Approach: Recognize and embrace the diversity of languages spoken by students. Incorporate key terms, discussions, and resources in various African languages, ensuring that students can engage with the content in their native languages and feel valued.
Art, Music, and Literature: Incorporate African art, music, and literature that address socio-economic issues. This helps students explore these topics through creative expressions that resonate with their cultural heritage.
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who is sus? pink or blue im playing among us
Answers
Answer:
pink smh
Explanation:
Answer:
Its blue i have photographic evidence
Explanation:
An office building is expected to create operating cash flows of $30,500 a year for three years, based on tenants' rental income. The purchase of the fixed assets for this building will cost $63,000. These assets will have no value at the end of the project. An additional $2,000 of net working capital will be required throughout the life of the project. Calculate the net present value of this project if the required rate of return is 14 percent
Answers
Answer:
The net present value of this project is $5,809.78.
Explanation:
Note: See the attached excel file for the calculation of net present value of this project.
In the attached excel file, the discounting factor is calculated as follows:
Discounting factor = 1 / (100% + required rate of return)^n
Where n is a particular year in focus.
From the attached excel file, we have:
Net present value = $5,809.78
Therefore, the net present value of this project is $5,809.78.
Fixed-income recipients, savers, and creditors are hurt by unanticipated inflation because inflation ______. Multiple choice question. redistributes real income away from them and toward others reduces the burden of debt is indexed redistributes real income towards them and away from others
Answers
Unanticipated inflation usually hurt the creditors, Fixed-income recipients as well as savers simply because:: inflation redistributes real income away from them and toward others
Unanticipated inflation can be regarded as kind of inflation whereby, people are not aware that there will be inflation, it caught them unaware until there is general price level increases. When this happens, alot of people will be left unprotected, especially those lenders that will be paid back with the same amount they Lent out even though there is a reduction in purchasing power.Therefore, unanticipated inflation usually caught people unaware.
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A foreign company (whose sales will not affect Benjamin's market) offers to buy 4,300 units at $7.83 per unit. In addition to variable manufacturing costs, selling these units would increase fixed overhead by $630 and selling and administrative costs by $330. Assuming Benjamin has excess capacity and accepts the offer, its profits will:
Answers
Question Completion:
Benjamin Company had the following results of operations for the past year:
Sales (16,000 units at $9.90) $158,400
Direct materials and direct labor $94,400
Overhead (20% variable) 14,400
Selling and administrative expenses (all fixed) 31,800 (140,600)
Operating income $17,800
Answer:
Benjamin Company
The company's profits will increase by $6,635.
Explanation:
a) Data and Calculations:
Variable costs of production:
Direct materials and labor = $5.90 ($94,400/16,000)
Variable overhead = $0.18 ($2,880/16,000)
Fixed overhead = $11,520 ($14,400 - $2,880)
Fixed selling and admin. expense = $31,800
Relevant costs:
Direct materials and labor ($5.90 * 4,300) = $25,300
Variable overhead ($0.18 * 4,300) = 774
Fixed overhead = 630
Selling and admin. expense = 330
Total relevant costs for the special offer = $27,034
Sales revenue ($7.83 * 4,300) $33,669
Profit from the special offer = $6,635
The EPS for TJX for the fiscal years ending January 2006 (FY2005) through January 2010 (FY2009) are:
Answers
Answer:
Fiscal Year:
2005 $1.40
2006 $1.60
2007 $1.70
2008 $2.00
2009 $2.80
Explanation:
Earnings per share is the residual profit after interest and dividends available for shareholders. EPS is calculated by dividing net profit by outstanding shares. It indicates company profitability and analysts use this ratio to make prediction about future performance of the company.
9. Is it ever okay to argue or disagree with your boss? Why?
Answers
Yes, Is it ever okay to disagree with your boss in a case whereby the ethics of the organization is not followed.
What is ethics?As it investigates what is morally right or wrong, just or unjust, ethics looks at the intellectual justification for our moral judgements.
The study of ethics, often known as moral philosophy, "involves systematizing, defending, and endorsing conceptions of good and bad action," according to Wikipedia. Axiology is a subfield of philosophy that consists of the fields of ethics and aesthetics. These fields are concerned with issues of value.
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For Wildhorse Company, variable costs are 68% of sales, and fixed costs are $199,000. Management’s net income goal is $77,800. Compute the required sales in dollars needed to achieve management’s target net income of $77,800. (Use the contribution margin approach.)
Answers
Answer: $865000
Explanation:
Contribution margin ratio would be gotten as:
= 100% - 68%
= 32%
= 0.32
Then, the desired sales would be:
= (Fixed cost + desired profit) / CM ratio
= (199,000 + 77800) / 0.32
= 276800 / 0.32
= $865000
What is the degree of alignment between what Netflix is currently
doing (actions) and their mission, vision, values, structure, and culture.
Answers
A manufacturing company has total liabilities of $52,000 and total stockholders' equity of $75,000. What is the debt-to-equity ratio?
Answers
Answer:
0.693
Explanation:
Debt to equity ratio= Total liability/ Shareholder equity
=$52,000/$75,000= 0.693
Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $156,000. The machine's useful life is estimated to be 20 years, or 110,000 units of product, with a $1,000 salvage value. During its second year, the machine produces 4,400 units of product. Determine the machines' second-year depreciation under the straight-line method.
Multiple Choice
$7,800.
$6,240.
$6,200.
$7,850.
$7,750.
Answers
Answer:
Explanation:
Annual depreciation=(cost-salvage value)/useful life
Annual depreciation =(156,000-1000)/20
Annual depreciation =$7750/year
Hence Depreciation for second year=$7750.
If a perfectly competitive firm receives a marginal revenue of $10 for its product and the minimum average variable cost is $11, then the firm should, in the short run:
a.reduce the level of output its produces
b.increase the level of output it produces
c.neither increase nor decrease the level of output it produces
d.shut down
Answers
If a perfectly competitive firm receives a marginal revenue of $10 for its product and the minimum average variable cost is $11, then the firm should, in the short run shut down.
For a perfectly competitive firm, the marginal revenue tends to equal price and as well as the average revenue. So, this implies that the firm's marginal cost curve in its short-run supply curve for values is thus greater than the average variable cost. So, if the price drops below average variable cost, the firm shuts down.
So, a firm's total profit is maximized by the producing the level of output at which marginal revenue for the last unit produced will thus equal its marginal cost, or MR = MC.
Hence, option D is correct.
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On the form provided, identify the accounts affected by each transaction and the amount of increase or decrease in each account. Make sure the accounting equation is in balance after each transaction. 1. Jan Swift, owner, deposited $30,000 in the business checking account. 2. The owner transferred to the business a desk and chair valued at $700. 3. WordService issued a check for $4,000 for the purchase of a computer. 4. The business bought office furniture on account for $5,000 from Eastern Furniture. 5. The desk and chair previously transferred to the business by the owner were sold on account for $700. 6. WordService wrote a check for $2,000 in partial payment of the amount owed to Eastern Furniture Company.
Answers
Answer:
1. Jan Swift, owner, deposited $30,000 in the business checking account.
Accounts that increase:
Cash (Asset) by $30,000Common stock (Equity) by $30,000Accounts that decrease:
None2. The owner transferred to the business a desk and chair valued at $700.
Accounts that increase:
Office furniture (Asset) by $700Common stock (Equity) by $700Accounts that decrease:
None3. WordService issued a check for $4,000 for the purchase of a computer.
Accounts that increase:
Office equipment (Asset) by $4,000Accounts that decrease:
Cash (Asset) by $4,0004. The business bought office furniture on account for $5,000 from Eastern Furniture.
Accounts that increase:
Office furniture (Asset) by $5,000Accounts payable (Liability) by $5,000Accounts that decrease:
None5. The desk and chair previously transferred to the business by the owner were sold on account for $700.
Accounts that increase:
Accounts receivable (Asset) by $700Accounts that decrease:
Office furniture (Asset) b y$7006. WordService wrote a check for $2,000 in partial payment of the amount owed to Eastern Furniture Company.
Accounts that increase:
NoneAccounts that decrease:
Cash (Asset) by $2,000Accounts payable (Liability) by $2,000The accounts affected, the amount of increase decrease in each account, and the accounting equation are shown in the attachment below.
What is an accounting equation?The accounting equation represents the relationship between assets, liabilities, and equity in a business. The relationship can be represented as:
\(\rm Assets = Liabilities + Owner's \:Equity\)
The accounting equation ensures the dual effect of every transaction and hence promotes accuracy in accounting.
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Prepare Journal Entries in a Revenue Journal Horizon Consulting Company had the following transactions during the month of October: Oct. 2 Oct. 3 Oct. 14. Oct. 24 Oct. 29 Issued Invoice No. 321 to Pryor Corp. for services rendered on account, $380 Issued Invoice No. 322 to Armor Inc. for services rendered on account, $540. Issued Invoice No. 323 to Pryor Corp. for services rendered on account, $190. Issued Invoice No. 324 to Rose Co. for services rendered on account, $790 Collected Invoice No. 321 from Pryor Corp.
a. Record the October revenue transactions for Horizon Consulting Company in the following revenue journal format revenue journal Accounts Rec. Dr DATE Invoice No. Account Debited Post. Ref Fees Earned Cr Oct. 2 Oct. 3 Oct. 14 Oct. 24 Oct. 31
b. What is the total amount posted to the accounts receivable and fees earned accounts from the revenue journal for October? Accounts receivable Fees earned c. What is the October 31 balance of the Pryor Corp, customer account assuming a zero balance on October 1?
Answers
Answer and Explanation:
The recording and the computations are as follows
a. The recording of the October revenue transactions are shown below:
DATE INVOICE NO. ACCOUNT DEBITED POST.REF.
ACCOUNT REC. DR. FEES EARNED CR.
Oct 2 321 Pryor Co.
380
Oct 3 322 Armor Co.
540
Oct 14 323 Pryor co.
190
Oct 24 324 Rose co.
790
Oct 31 1900
b) Now the total amount for account receivable and fees earned is
Account receivable = 1900
Fees earned = 1900
c) The October 31 balance is
October 31 balance
= $380 + $190 - $380
= $190
Dale is a guitar teacher and Terrence is a tile layer. If Dale teaches Terrence's daughter to play the guitar in
exchange for Terrence tiling Dale's kitchen floor,
a. only Dale is made better off by trade.
O b. both Dale and Terrence are made better off by trade.
c. neither Dale nor Terrence are made better off by trade.
O d. only Terrence is made better off by trade.
Answers
If Dale teaches Terrence's daughter to play the guitar in exchange for Terrence tiling Dale's kitchen floor Option B. both Dale and Terrence are made better off by trade.
In this scenario, Dale is a guitar teacher and Terrence is a tile layer. Dale teaches Terrence's daughter how to play the guitar in return for Terrence tiling Dale's kitchen floor. It is a classic example of trade and bartering. Dale, the guitar teacher, would have had to pay for tile installation if he hadn't bartered with Terrence, the tile layer. Terrence, on the other hand, would have had to pay for guitar lessons if he hadn't traded with Dale.
Both Dale and Terrence, therefore, benefit from the trade, and they are both better off as a result. Because Dale receives tile installation in exchange for teaching guitar lessons, and Terrence receives guitar lessons in exchange for tile installation, both benefit.
In conclusion, the answer is (b) both Dale and Terrence are made better off by trade. When both parties are better off after a trade, it is known as a mutually beneficial trade. Trade, in general, promotes mutual gains by allowing people to concentrate on what they do best and exchange their output with others for goods and services that they desire. Therefore, the correct option is B.
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Involving employees in the development of safety policies, reviewing details of accidents, recommending corrective action,
and participating in safety inspections help ensure employee interest buy-in.
Answers
An OSH policy that the employer is committed to and that is shared with all employees should be laid out in writing after consultation with the workforce and their representatives.
How can workplace health and safety be managed?
An essential component of running a business is controlling safety and health. Businesses must conduct a risk assessment to identify the hazards and dangers present in their workplace(s) and put appropriate control measures in place to ensure that these risks cannot endanger employees.
ILO-OSH 2001 is a set of guidelines for developing occupational safety and health management systems.
Worker involvement
The OSH management system within the company must include worker participation.
The employer is responsible for making sure that employees and their representatives for safety and health are included in all OSH-related decisions at work, including emergency plans.
When organizing, planning, implementing, evaluating, and taking corrective action to enhance the OSH management system, the employer should make sure that employees and their representatives for safety and health have the time and resources necessary.
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What is a tax free savings account that can only be used for educational expenses
Answers
A tax-free savings account that can only be used for educational expenses is called a 529 plan, which is specifically designed for education purposes and includes education expenses such as tuition, fees for books, etc.
What is the significance of the savings account?Savings accounts keep track of personal expenses such as a person's bank balance, which can be withdrawn when needed; savings accounts earn interest as a result, the money grows over time and helps the person get a loan with a certain amount, etc.
Hence, tax-free savings account that can only be used for educational expenses is called a 529 plan, which is specifically designed for education purposes and includes education expenses such as tuition, fees for books, etc.
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Precision Camera Services started the year with total assets of $80,000 and total liabilities of $40,000. The revenues and the expenses for the year amounted to $140,000 and $60,000, respectively. During the year, the company did not issue any common stock, but it distributed dividends of $55,000. What is the amount of stockholders' equity at the end of the year?
Answers
Answer:
$65,000
Explanation:
Stockholder's equity is the net value of a company's asset. It is the remaining value of a company asset after adjusting for retained earnings and liabilities.
For Precision Camera Services.
Current year additions to stakeholder equity will be the retained earnings.
Retained earning is revenues- expenses - dividends paid out
=$140,000 - $60,000 - $55,000
=$25,000
Stockholders equity : Assets + retained earning - liabilities
=$80,000 + $25,000 - $40,000
=$105,000- $40,000
=$65,000
Which of the following combinations best describe a universal life insurance policy?
Answers
A universal life insurance policy is best described by option D. A flexible premium deposit fund and a monthly renewable term insurance policy.
Universal life insurance is a type of permanent life insurance that combines a savings component with a death benefit. It offers flexibility in premium payments and death benefit coverage. The policyholder can adjust the premium payments and death benefit amount within certain limits, making it a flexible and customizable insurance option.
Option D describes the key features of a universal life insurance policy:
Flexible-Premium Deposit Fund: Universal life insurance allows policyholders to adjust the premium payments based on their financial circumstances. They can pay higher premiums to accumulate more cash value or lower premiums when they face financial constraints. The flexible premium deposit fund in option D reflects this feature of universal life insurance.
Monthly Renewable Term Insurance Policy: Universal life insurance typically includes a cost of insurance charge, which covers the mortality risk. This cost of insurance can be based on a monthly renewable term insurance policy. The policyholder pays a monthly cost of insurance charge that provides the death benefit coverage.
By combining a flexible premium deposit fund with a monthly renewable term insurance policy, option D captures the essence of a universal life insurance policy. It highlights the flexibility in premium payments and the inclusion of a cost of insurance component that provides the death benefit coverage.
It's important to note that universal life insurance policies can vary in their specific features and options offered by different insurance companies. Therefore, while option D represents a general description of a universal life insurance policy, it's essential to review the specific terms and conditions of the policy being considered to fully understand its features and benefits. Therefore, the correct option is D.
The question was incomplete, Find the full content below:
Which of the following combinations best describes a universal life insurance policy?
A. A mutual fund and an endowment policy
B. A term insurance policy and a whole life policy
C. A modified endowment policy and an annual term insurance policy
D. A flexible premium deposit fund and a monthly renewable term insurance policy
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Name three major events that you think will affect US public finance
Answers
1) Managing the budgetary demands of decreased revenues, increased service demands and the costs of unfunded state and federal mandates.
2) Meeting the demands of infrastructure and its associated costs.
3) Understanding and addressing barriers for shared service agreements or voluntary mergers.
MAKE ME BRAINLIST PLSFriday, Sept. 10, 2021 Bellringer
What are 3 sections of a Resume'?
Answers
Answer:
Personalia, work experience amd education
What are the rewards and challenges of managing a workforce composed of workers from different generations?
Explain why new employee orientation is important.
Answers
The rewards include having a diverse group of individuals with varied perspectives, experiences, and skills that can lead to more creativity and innovation in problem-solving.
Managing a workforce composed of workers from different generations can provide both rewards and challenges. It can also promote a positive work culture by encouraging mutual respect and understanding between generations. New employee orientation is important for several reasons. Firstly, it helps new employees feel welcome and valued by the organization. This can lead to increased employee engagement and job satisfaction, which can ultimately result in improved performance and reduced turnover.
Secondly, orientation provides essential information about the organization's culture, policies, and procedures, which can help new employees understand what is expected of them and how to navigate their new workplace. This can help reduce confusion and increase productivity. Finally, orientation can also help new employees develop relationships with colleagues and supervisors, which can foster a sense of belonging and improve teamwork.
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3. What kind of method of growth does McDonald’s apply in the case ? How does it contribute to the McDonald’s value chain
Answers
The kind of method of growth that McDonald’s apply in the case is Market penetration.
McDonald's value chain analysis identifies all the major actions and supporting activities that significantly enhance the company's end product, and the business carefully examines these activities in order to either save costs or increase differentiation.
What method did McDonald's employ?Offering food at affordable costs has long been McDonald's pricing approach. This has contributed to the restaurant's long-term success. This has significantly contributed to McDonald's development as one of the world's leading fast-food brands.
When a product or service is successfully sold in a particular market, this is referred to as market penetration. The sales volume of an existing good or service in relation to the overall target market for that good or service is used to measure it.
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A portfolio consists of $13,400 in Stock M and $18,900 invested in Stock N. The expected return on these stocks is 8.50 percent and 11.60 percent, respectively. What is the expected return on the portfolio?
Answers
Answer:
The expected return on the portfolio is:
10.31% ($3,331.40)
Explanation:
a) Data and Calculations:
Portfolio investments: Expected Returns % Expected Returns $
Stock M = $13,400 8.50% $1,139
Stock N = $18,900 11.60% $2,192.40
Total $32,300 10.31% $3,331.40
Total expected returns in percentage is Expected Returns $/Total Investments * 100
= $3,331.40/$32,300 * 100
= 10.31%
b) The expected returns on the portfolio is derived by calculating the expected returns for each investment and summing up. Then dividing the expected portfolio returns by the portfolio investment. This yields 10.31% percentage value.
in the short run, which of the following firms should attempt to produce where average costs are at a minimum in order to maximize profits or minimize losses?
a. perfectly competitive firm
b. a monopolistically competitive firm
c. an oligopoly
d. a monopoly
e. none of the above
Answers
Answer: A perfectly competitive firm
Explanation:
When the perpetual inventory system is used, the inventory sold is debited to
Answers
How do lines 345-365 illustrate the Cyclops’ societal failure?
Answers
Corporate bonds have higher yields than T-bonds because of higher credit and liquidity risks?
a. True
b. False
Answers
High levels of GDP per capita indicate...
Answers
High levels of GDP per capita indicate an excellent standard of living. An increase in GDP per capita is frequently linked to favorable outcomes across a variety of domains.
What is GDP per capita?Gross Domestic Product (GDP) per capita measures a nation's GDP as a percentage of its entire population. A common indicator of a nation's affluence, level of life, and all-around well-being is its GDP per capita. A low number signifies that a nation struggles to meet the needs of its citizens. The GDP per capita provides a substantially more realistic picture of living standards when compared to GDP alone. Since a country's national revenue is inversely correlated with its population, a growth in GDP makes perfect sense as the population grows.Learn more about GDP per capita here:
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Which of the following is a wise practice for making important purchases?
A. Skim return policies and warranties
B. Trust customer claims from the manufacturer
C. Ignore professional reviews
D. Be wary of customer testimonials
SUBMIT
Answers
Based on the question above, the correct answer is D
Be wary of customer testimonials SUBMITConsumer testimonialsThis is the reports from customers which will confirm the positivity or negativity of the product based on their experiences on the product.Therefore, the correct answer is D Be wary of customer testimonials SUBMIT
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Answer:D
Explanation: it’s right