Advanced Corporation's growth has slowed to a constant rate during the past few years. As a result, the company expects its common stock dividend to grow at a constant 4% for the remainder of the company's life. A few days ago, Advanced paid common stockholders a $5 dividend. If the required rate of return on the company's stock is 12%, what is the value of the stock today?
Answers
Based on the concept of the Dividend Growth Model and percentage, and the context of the question, the value of the stock today is $65.
What is Dividend Growth Model?Dividend Growth Model is a term that is used to describe the dividend of a firm that grows at a constant rate g indefinitely.
Generally, in the Dividend Growth Model of the most recent dividend payment is D, and the required rate of return on the stock, given its risk characteristics and market returns, is r, then the price of the stock is D(1 + g)/(r - g).
Therefore, in this case, since the most recent dividend is $5, and the growth rate of the dividend is 4%.
And the required rate of return is 12%.
Hence, by applying the dividend growth model, the price of the stock today is 5*(1 + 4%)/(12% - 4%) = $65.
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Related Questions
LEONE COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Finished goods inventory, beginning Cost of goods manufactured Goods available for sale Less: Finished goods inventory, ending Cost of goods sold Gross profit General and administrative expenses Selling expenses Net income $ 84,000 84,000 92.000 $ 3,251,000 $ (8,000) 3,259,000 127.000 603,000 2,529,000
How do you find the cost of goods manufactured?
Answers
The cost of goods manufactured (COGM) is the cost of all the products that a company has manufactured during a period.
How to calculateIt is calculated by adding the beginning finished goods inventory to the total manufacturing costs, and then subtracting the ending finished goods inventory.
In the income statement you provided, the cost of goods manufactured is calculated as follows:
COGM = $92,000 + $3,251,000 - $127,000 = $3,224,000
Therefore, the cost of goods manufactured for Leone Company is $3,224,000.
Here is the formula for calculating COGM:
COGM = Beginning finished goods inventory + Total manufacturing costs - Ending finished goods inventory
The total manufacturing costs include direct materials, direct labor, and manufacturing overhead.
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Dribbling in field hockey is when you.
Answers
Answer:
Dribbling is a technique used in field hockey to move the ball forward using small touches with a hockey stick.
Critique the concept of Socialism using appropriate examples
Answers
The concept of socialism can be critiqued using examples of countries in which socialist economic systems have been enforced similar as the former Soviet Union, Venezuela, Cuba.
Critics argue that these countries have experienced economic recession, low norms of living, and a lack of individual freedoms due to the absence of free request competition and government control over resources and product. Socialism's critics argue that the absence of incentives for individual initiative, innovation, and profit has led to low situations of effectiveness, productivity and quality in these countries.
sympathizers of socialism argue that there are also examples of socialist systems that have achieved high living norms and greater economic equality similar as in Scandinavia.
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In a communist economy all economic activities are controlled by?
Answers
Answer:
benefits of quality management
A successful data-driven market segmentation program depends on each of the following except:
a.
the rejection of tradiitional marketing research techniques
b.
the use of transactional and event data
c.
a common definition of market segments across all areas of the business
d.
developing a centralized and accessible CRM (Customer Relationship Management) database
Answers
A successful data-driven market segmentation program depends on the "use of transactional and event data", "a common definition of market segments", "and the development of a centralized CRM database" but it does not depend on "the rejection of tradiitional marketing research techniques".
The correct option to the given question is option a.
Traditional marketing research techniques, such as surveys, focus groups, and interviews, have long been used to gather insights about consumer behavior and preferences. While these techniques may have limitations, they still play a valuable role in understanding customer motivations and attitudes. Data-driven market segmentation programs can benefit from a combination of both traditional and data-driven research approaches. The use of transactional and event data is crucial for a data-driven market segmentation program. This type of data provides valuable information about customer behaviors, purchase patterns, and interactions with the business.
Having a common definition of market segments across all areas of the business ensures consistency and alignment in marketing efforts. This allows for targeted and personalized messaging that resonates with each segment. It also facilitates coordination between different departments, such as marketing, sales, and customer service, leading to a more cohesive and effective customer experience.
Finally, developing a centralized and accessible CRM database is essential for managing and analyzing customer data. It enables the integration of data from various sources, such as transactions, interactions, and demographic information, into a single platform. This centralized database provides a comprehensive view of customers, enabling more accurate segmentation and personalized marketing initiatives.
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You answer a call from a customer who
asks to speak to a
immediately
manager or someone higher up.
What would you do?
Answers
What you should do when answering a call from a customer who asks to speak with a manager or someone higher up right away is try to understand the situation to see if you can resolve it yourself.
How to provide quality service?It is necessary to always be attentive to the customer's needs, helping them in the process before and after the purchase, in addition to explaining the services and products, being kind, cordial and ethical.
Therefore, the best way to deal with customers is through ethics, patience and dedication to solving the problem.
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Nash Corporation had income from continuing operations of $10,813,600 in 2020. During 2020, it disposed of its restaurant division at an after-tax loss of $206,600. Prior to disposal, the division operated at a loss of $316,100 (net of tax) in 2020 (assume that the disposal of the restaurant division meets the criteria for recognition as a discontinued operation). Nash had 10,000,000 shares of common stock outstanding during 2020. Prepare a partial income statement for Nash beginning with income from continuing operations. (Round earnings per share to 2 decimal places, e.g. 1.48.)
Answers
Answer and Explanation:
The presentation of the partial income statement is presented below:
Nash Corporation
Partial income statement
Income from continuing operations $10,813,600
Discontinued operations
Loss from operations of a division $316,100
Loss from disposal of the division $206,600 ($522,700)
Net income $10,290,900
Earning per share
Income from continuing operations
($10,813,600 ÷ 10,000,000 shares) $1.08
Less Discontinued operations
($522,700 ÷ 10,000,000 shares) -$0.05
Net income
($10,290,900 ÷ 10,000,000 shares) $1.03
We simply deduct the losses from the income so that the net income could arrive
Which intangible assets are amortized over their useful life?
a. trademarks
b.goodwill
C. patents
d. all of these
Answers
Answer:
D. All of the above
Explanation:
Hope this helps
Analyse the potential consequences of unresolved conflict within a team.
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Answer:
Unresolved conflict within a team can have various negative consequences for the team members, the team leader, and the organization as a whole1234. Some of these consequences are:
Reduced morale and motivation: Conflicts affect the emotional and psychological well-being of team members. If conflicts remain unresolved, then employees naturally feel stressed out and unable to focus on their job. When conflicts linger on for longer periods of time, then employees feel uncertain about their role and the future. This mental state is the main cause of their low morale and motivation.Poor communication and collaboration: Conflicts create barriers and distrust among team members. They hinder effective communication and information sharing, which are essential for teamwork and innovation. Conflicts also reduce the willingness and ability of team members to cooperate and coordinate with each other, resulting in inefficiency and errors.Decreased performance and productivity: Conflicts distract team members from their core tasks and goals. They consume time and energy that could be otherwise spent on productive work. Conflicts also impair the quality and quantity of work output, as team members may avoid or sabotage each other’s efforts. Conflicts can also lead to missed deadlines, wasted resources, and lost opportunities.Increased turnover and absenteeism: Conflicts create a hostile and unpleasant work environment for team members. They may cause employees to feel dissatisfied, frustrated, or burned out with their job. This may lead them to seek alternative employment or quit altogether. Conflicts may also cause employees to take more sick leaves or avoid coming to work altogether, which affects the availability and continuity of the team.Damaged reputation and customer service: Conflicts can affect the external image and reputation of the team and the organization. They can damage the relationships with customers, clients, partners, or stakeholders, who may perceive the team as unprofessional, unreliable, or incompetent. Conflicts can also affect the quality and timeliness of customer service, as team members may be less responsive, courteous, or helpful to customersUnresolved conflicts within a team can lead to several negative consequences such as:
Decreased productivity, lower morale, loss of trust ,increased turnover, damage to relationships ,missed opportunities.
-Unresolved conflicts can cause tension and distractions, which can decrease productivity and disrupt the work environment.
-Conflicts can lower team morale and create an atmosphere of negativity, which can lead to reduced job satisfaction and motivation.
-Conflicts can cause team members to lose trust in one another, which can make it difficult for them to work together effectively.
-Conflicts can distract team members from important opportunities and prevent them from reaching their full potential.
Therefore, these are the consequences of unresolved conflicts within a team.
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From the picture below, the marketing vice president is interested in the revenue numbers broken down by month, division, customer demographics, sales office, product version, and plan. These are her business dimensions along which she wants to analyze her numbers.
Question: In the case of Marketing Manager and Financial controller, what are their business dimensions they analyze their numbers?
Answers
The business dimensions to be analyzes by the Marketing Manager and Financial controller includes:
profitabilityliquiditysolvencyefficiencyvaluation.Who is a Marketing Manager & Financial controller?Marketing Manager are those managers that specializes in the development of marketing strategies for their organizations while the Financial controller is a top-hierarchy manager that oversees and controls the firm's day-to-day financial operations.
The main role of the Marketing Manager is to promote the firm's business, product, service etc while the main role of the Financial controller is to records and manages the accounting function.
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Inventory is an
•expense
•asset
•neither
Answers
pls help i will give branlyist
Choose a specific administrative support job. Then explain the type of multitasking a person might have to do in that job.
Give an example of a clear subject line for an email and an unclear subject line. Then explain why the clear subject line is better.
Answers
The administrative position of human resources entails multiple tasks, including payroll, hiring, recruiting, preserving the work environment, and others.
Describe human resources.?Human resources professionals hire, interview, and screen job prospects as well as designate positions for newly hired personnel. They could also be in charge of pay and benefits, employee relations, and training. Professionals in labor relations supervise and assess employment contracts.
Processing payroll, writing job descriptions, establishing workplace norms, and purchasing benefits are all common HR administration tasks.
Thus, the administrative position is in human resources.
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which of the following statements is true? group of answer choices oil is classified as part of the resource category land. a person working for a company is classified as part of the resource category capital. a machine in a factory is classified as part of the resource category land. a person with the particular talent for organizing the resources of land, labor, and capital to produce goods, seek new business opportunities, and develop new ways of doing things is classified as part of the resource category labor. a and d
Answers
Oil is viewed as a land asset, as oil is normally happening in the old rocks of the earth in this way are called raw petroleum happens in crude structures. Around 84% of oil holds happen in offshores.
The complete assessed oil repository of the oil depends on the geologic information acquired from the oil wells. With approx, 4.1 million barrels of oils are held in essential stores.
Strategies for the assessment of oil in places are Volumetric techniques, material equilibrium techniques, and creation decline bend strategy. New exploration recommends that the oil saves have been tracked down in Canada and the Antarctic circle.
Most extreme stores have been tracked down in Venezuela, Saudi Arabia, and Canada as these terrains have extraordinary stores of mineral sand and sedimentary stone.
Therefore oil is the land resource.
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which stage of short run production is efficient? why?
Answers
The range of variable input employment where marginal utility of variable factor is dropping yet positive is efficient area of production located. This manufacturing stage is rational or economic stage.
What exactly is a job?A compensated cooperative work agreement here between recruiter and also an employee is called an employment. This phrase refers to a person who is hired by an organization to perform labor or duties in exchange for a wage or other kind of payment.
What is the name of employment?The terms business, calling, métier, profession, pursuit, and work are some frequent synonyms for employment. Employment denotes labor in which one has been hired and is receiving compensation from an employer, despite the fact that all of these phrases refer to "a specific ongoing activity engaged in expressly to earn one's livelihood."
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Sixty to sixty-five percent of its value can be used as collateral for a loan.
Insurance policies
Equipment
Real estate
Accounts receivable
Answers
explain all the dimensions of Management functions in Human Resource management
Answers
Answer:down
Explanation:The four dimensions of human resource management practices are: Managing The Human Resource Environment, Acquisition and Preparation of Human Resources, Assessment and Development of Human Resources, and Compensation of Human Resources as stated by Noe et al (2010).
Answer: HR managers carry out a variety of tasks to ensure a business runs smoothly. The various dimensions of management functions in Human Resource management are as follows:
Explanation:
a. Planning
Planning for various things, from the hiring process to training and development programs, is the most crucial duty of an HR manager. Planning lays the foundation for other HR management responsibilities, such as determining job qualifications and the organization's need for recruitment.
b. Organizing
An HR manager is responsible for performing this role after the planning phase (discussed above) is finished. To meet the requirements and wants of the workforce while achieving business goals, they must create strategies and programs.
c. Directing
To carry out the goals and plans they have developed, HR managers need personnel. As a result, they lead their teams in a way that carries out the manager's goals and strategies. They assign tasks to the team members and keep tabs on their performance to assess their progress.
d. Controlling
One of the most significant managerial duties and obligations of an HR manager is this. In doing so, the HR manager monitors deviations, corrects them, and compares the results to the objectives. This entails tasks like audits and appraisals.
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Propose your top three potential social causes for your organization and why your selected social cause or issue is a good match with your chosen corporation for creating a corporate social responsibility (CSR) campaign.
Answers
By selecting a social cause that aligns with their values and corporate goals, companies can create a CSR campaign that resonates with stakeholders and helps to build a positive reputation for their brand.
There are various social causes that companies may choose to support, depending on their corporate social responsibility goals. Here are the top three social causes that I would recommend for an organization, along with reasons why they are good matches for creating a CSR campaign:1. Environmental conservation: Protecting the environment and promoting sustainable practices is a social cause that has gained widespread attention in recent years.
As climate change continues to be a pressing issue, businesses that take a proactive approach to reducing their carbon footprint can establish themselves as responsible and sustainable entities. This is a good match for companies that have a large environmental impact, such as those in the manufacturing or transportation sectors. A CSR campaign focused on environmental conservation can include initiatives such as reducing waste, using renewable energy sources, and promoting eco-friendly practices among employees and customers.
2. Education: Investing in education is one of the most effective ways to support social development and empower individuals and communities. For companies that want to create a CSR campaign that has a tangible impact on people's lives, education is a great choice. This is especially relevant for companies that have a strong local presence and want to support the communities in which they operate. A CSR campaign focused on education can include initiatives such as donating educational resources to schools, providing scholarships to students, or organizing workshops and training programs for employees and community members.
3. Health and wellness: Promoting health and wellness is a social cause that has become increasingly relevant in light of the COVID-19 pandemic. Companies that prioritize the well-being of their employees and customers can create a positive image for themselves and build strong relationships with stakeholders. This is a good match for companies in the healthcare or hospitality sectors, as well as those that offer wellness-related products or services.
A CSR campaign focused on health and wellness can include initiatives such as promoting healthy lifestyles, providing access to healthcare services, or supporting mental health awareness and treatment programs.Overall, each of these social causes has the potential to create a meaningful and lasting impact, both for the company and the communities it serves.
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Sunland Company had the following department data: Physical Units Work in process, beginning 0 Completed and transferred out 90900 Work in process, ending 7800 Materials are added at the beginning of the process. What is the total number of equivalent units for materials during the period?
Answers
Answer:
Equivalent units of production= 98,700
Explanation:
Giving the following information:
Physical Units Work in process, beginning 0
Completed and transferred out 90,900
Work in process, ending 7,800
Materials are added at the beginning of the process.
To calculate the equivalent units, we need to use the following formula:
Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production
Equivalent units of production= 0 + 90,900 + 7,800*1
Equivalent units of production= 98,700
Because the materials are added at the beginning of the process, the percentage of completion is 100%.
what is enterprenuer
Answers
Answer:
person who have an idea to start a business
Answer:
a person who starts up a business in order to make profit
Which questions can most help a writer revise an argumentative essay?
Answers
Answer:
Explanation:
Argumentative essays are written to prove a point and convince the reader that your claim is superior to opposing points. Therefore, A) “Do details help support the claim?” Is the best answer out of these choices..
when did among us come out?
2017
2018
2016
2015
Answers
Answer:
2018
Explanation:
smarts i have been playing it science the begining
Answer:
2018!?
Explanation:
The worst crash rate involving fatalities is in the age group of drivers ...
A. ages 21 to 25.
B. ages 19 years old and younger.
C. ages 75 and older.
Answers
Answer:
The age group with the most fatal crashes is drivers between the ages of 25 and 34. There are nearly 1,000 more deaths per year among 25- to 34-year-olds than drivers under 25.
The age group with the worst crash rate involving fatalities is generally the 19 years and younger group. This is largely due to factors like inexperience and risk-taking behavior. However, statistics can vary and elderly drivers can also have higher crash rates.
Explanation:Based on statistical data, the age group with the worst crash rate involving fatalities is typically B. ages 19 years old and younger. This is often due to a combination of inexperience, risk-taking behavior, and lack of maturity. However, it's important to note that numbers can vary slightly depending on the region and the specific year being considered. It's also worth mentioning that older drivers, specifically those ages 75 and older, can also have higher crash rates due to factors such as declining health conditions and slower reaction times.
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Which of the following words is easy to pronounce and remember?
1,Eudemos 2,Udemos 3,Defenshell 4,Defeme 5,guard-Juicy
6,Urban-Juicy 7,Speed-S 8,X-tend 9,J-self
Answers
Answer:
X-tend 9
Explanation:
Answer:
In my opinion I think
7, speed - s.
Most payments in the United States for goods and services are made using Group of answer choices traveler's checks. checking account deposits. currency. gold.
Answers
Answer:
checking account deposits.
Explanation:
In economics or financial accounting, money can be defined as any asset used by an individual or business entity to make purchases of goods and services at a specific period of time.
Simply stated, money refers to any asset which can be used to purchase goods and services by customers.
This ultimately implies that, money is any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.
Additionally, the rate at which an asset can be used to purchase any goods or services refers to its liquidity. Thus, liquidity is a quality or characteristics of money as a medium of exchange. Therefore, money is a generally accepted medium of exchange around the world.
The three (3) main functions of money all over the world are;
I. Medium of exchange.
II. Unit of account.
III. Store of value.
However, most payments in the United States for goods and services are made using checking account deposits.
30 points, please help
Answers
Answer: You didn’t post a picture can you please post it so I can answer it?
Explanation: I’ll help you but add a picture.
Answer:
Explanation:
? There’s no picture, :(
The effect of MIS in government revenue collection/generation
Answers
Government spending is made possible by these revenues. A key component of the government's fiscal strategy is the amount of government spending and revenues.
What difficulties do collectors of taxes face?It was specifically revealed that there are a number of significant factors that contribute to low revenue collections, such as administrative inefficiencies, a lack of public awareness, political meddling, corruption, tax evasion, a lack of adequate information about taxes, and a lack of auditing of tax revenue returns and draughts.
What has an impact on government revenue?More personal income taxes, excise taxes, corporate taxes, and levels of employment of the human capital in the economy can all result in larger tax revenues for the government.
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Sonor Systems undertakes its own machine maintenance. The depreciation on the equipment is $20,000 per year and operating cost is $2 per machine hour. Last year 275,000 machine hours were used to produce 100,000 units. If 300,000 machine hours had been worked last year, what would be the total machine maintenance cost
Answers
Answer:
$570,000
Explanation:
Total machine maintenance cost calculation.
Depreciation expenses $20,000
Operating cost
($275,000 MH × $2). $550,000
Total machine machine maintenance cost $570,000
Therefore, the total machine maintenance cost of the machine is $570,000
For which career path is a mastery of basic computer skills a requirement?
A.
mortician
B.
emergency medical technician
C.
university administrator
D.
fish and game warden
Answers
Among the given options, the career path for which a mastery of basic computer skills is a requirement is most likely option C, university administrator.
What is an administrator?An administrator is an individual or group responsible for managing and overseeing the operations of an organization, business, or institution. Administrators are typically responsible for making decisions and developing strategies to ensure the organization runs smoothly and achieves its goals. Their duties can include supervising employees, allocating resources, setting policies, and managing budgets. Administrators may also be responsible for developing and implementing programs or initiatives to improve the efficiency or effectiveness of the organization. Depending on the size and complexity of the organization, administrators may have different titles such as CEO, president, director, or manager. Effective administrators must possess strong leadership skills, communication skills, and problem-solving abilities to successfully manage and lead their organizations towards success.
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A company with 86,000 authorized shares of $7 par common stock issued 31,000 shares at $13. Subsequently, the company declared a 2% stock dividend on a date when the market price was $23 per share. What is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend?
Answers
The amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend is $39,560.
What is a stock dividend?In accounting, a stock dividend refers to the dividend payment to shareholders that is made in shares instead of cash. It has the advantage of rewarding shareholders without reducing the company's cash balance. These stock distributions are generally made as fractions paid per existing share.
The computation of the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend is as follows:
= Shares issued * Percentage of stock dividend * Market price
= 86,000 shares * 2% * $23
= 86,000 * 0.02 * $23
= $39,560.
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Which of the following is true about debit cards?
Answers
Answer:
Debit cards reduce the need to carry cash or physical cheques while making transactions and may also be used to withdraw cash from ATMs. Debit cards typically have daily purchase restrictions, so making a very big purchase using a debit card may be impossible.
Explanation:
Branliest pls
Answer:
A
Explanation:
A debit card is usually a rectangular piece of plastic, resembling any charge card. It is linked to the user's checking account at a bank or credit union. The amount of money that can be spent with it is tied to the account size (the amount of funds in the account).