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2 years ago

If D0 = $2.25, g (which is constant) = 3.5%, and P0 = $54, then what is the stock's expected dividend yield for the coming year?

Business

1 answer:

makvit [3.9K]2 years ago

3 0

Answer:

4.31%

Explanation:

The computation of the expected dividend yield is shown below:

As we know that

Dividend yield = (Annual dividend ÷ Market price) × 100

where,

Annual dividend would be

= $2.25 + $2.25 × 3.5%

= $2.25 + 0.07875

= $2.32875 per share

And, the market price is $54 per share

So, the expected dividend yield is

= ($2.32875 per share ÷ $54 per share) × 100

= 4.31%

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Senath Company's annual report reveals net credit sales of $240,000 and average accounts receivable of $20,000. The report also

kirill115 [55]

Answer:

b. the average number of days to collect receivables is 31.

Explanation:

The calculation of average number of days is shown below:-

Accounts receivable turnover = Net credit sales ÷ Average accounts receivable

$240,000 ÷ $20,000

= 12

Average number of days to collect receivable = Number of days in a year ÷ Accounts receivable turnover

= 365 ÷ 12

= 31 days

Therefore for computing the average number of days to collect receivable we simply divide accounts receivable turnover by number of days in a year.

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2 years ago

The last data-entry clerk stealthily resigned in the middle of an overwhelmingly difficult database conversion project. Identify

slamgirl [31]

Answer:

The answer is b. Difficult.

Explanation:

The correct answer to the given question is b. Difficult. The word which describes the quality or intensity of verb is known as an adverb. The word Difficult is an adverb as it clarifies the measures the verb which is data base conversion project. Stealthiness is an adjective, the word Overwhelming is a verb and Data-Entry is also a noun.

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1 year ago

Pettijohn Inc. The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization

Tom [10]

Answer:

The appropriate solution is "$2.91". A further explanation is given below.

Explanation:

Seems that the given question is incomplete. Below is the attachment of the full problem.

According to the question,

Common dividend,

= 509.83

Shares outstanding,

= 175

Now,

The dividend per share will be:

= $\frac{Common \ dividend}{Shares \ outstanding}$

On substituting the values, we get

= $\frac{509.83}{175}$

= $2.9133$

or,

= $2.91$

8 0

1 year ago

Deep Hollow Oil issued 135,000 shares of stock last week. The underwriters charged a spread of 8.05 percent in exchange for agre

Neporo4naja [7]

Answer:

The ratio of flotation cost to funds raised is 20.13%

Explanation:

First of all, it is noteworthy that actual amount received per share by Deep Hollow Oil is the issue price minus the underwriting spread of $2.6565 (8.05% of $33),in other words the net issue price is $30.3435

The total amount raised is $ 4,096,372.50 (135000*$30.3435 ),while total flotation costs are as follows:

Underwriting costs $ 358,627.50

Legal and accounting fees $418,000

Indirect costs $48,000

Total flotation costs $824,627.50

However, the flotation costs as a percentage of funds raised is given below:

$824,627.50 /$4,096,372.50=20.13%

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2 years ago

The demand for corn has increased in May without any change in supply. Eight months later there still has been no change in corn

kramer

Answer: d. price control.

Explanation:

Price control is a mechanism used by government in order to control price, this is done when government sets a minimum and maximum price for certain goods and services, this is done in order to manage the purchasing power for such goods. Most times government adopt price control system for things like food, energy product, etc. Price control can lead to a situation where there will either be shortage or over supply.

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2 years ago

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