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zalisa [80]
2 years ago
14

Mature Products Corporation produces goods that are very mature in their product life cycles. Mature Products Corporation is exp

ected to pay a dividend in year 1 of $2.00, a dividend of $1.50 in year 2, and a dividend of $1.00 in year 3. After year 3, dividends are expected to decline at a rate of 1% per year. An appropriate required rate of return for the stock is 10%. The stock should be worth

Business
1 answer:
Pavel [41]2 years ago
3 0

Answer:

The value of stock = $10.567

Explanation:

We will solve it with the help of present value table, attached as follows:

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Ranada Company manufactures and sells sportswear products. Ranada uses activity-based costing to determine the cost of the custo
kramer

Answer:

Per unit customer costs = $4.5 per unit

Explanation:

Under activity based costing cost are allocated based on per activity rate.

Customer return processing activity rate = $45 per return

Shipping activity rate = $10 per shipment

for Product 1

Total cost of shipment and return will be as follows:

Shipment = 1,200 X $10 = $12,000

Returns = 150 X $10 = $1,500

Total = $12,000 + $1,500 = $13,500

Total units = 3,000

Per unit customer costs = $13,500/3,000 units = $4.5 per unit

4 0
2 years ago
Your automatic payment option pays bills of $23.17, $55.67, $2,345.15, $575.25 and $1.15. How much was the mean payment?
ollegr [7]

Answer:

$600.078

Explanation:

the mean is also the average which is the total sum divide by 5

0 0
2 years ago
Jervis sells $75,000 of its accounts receivable to Northern Bank in order to obtain necessary cash. Northern Bank charges a 5% f
Natasha2012 [34]

Answer:

Debit cash by $71,250, factoring expense by $3,750 and credit account receivable by $75,000.

Explanation:

Step 1 of 2

Calculate the amount of factoring fee.

Factoring fee = 5% ×Account Receivable

=5%×$75,000

=$3,750

​

Step 2 of 2. Journey record. Image attached.

Debit cash by $71,250, factoring expense by $3,750 and credit account receivable by $75,000.

4 0
2 years ago
In 2004, researchers Marianne Bertrand and Sendhil Mullainathan sent fictitious resumes in response to employers' help-wanted jo
Neporo4naja [7]

The results of this study indicate that employment decisions of some employers might not be status blind and could indicate illegal discrimination under Civil Rights Act of 1964.

<u>Explanation:</u>

An important act in US is The Civil Rights Act of 1964. This law came into act on 2nd July, 1964. This law has rules and regulations that are against the inequalities and discrimination that prevails in schools, public areas and also in employment areas. The inequality may be based on the gender, nationality, religion,race or color.

In the example given, the discrimination of employment occurs based on the names that belongs to white and black. It has been stated that the names related to whites will get 50% of callbacks when compared to the names of the blacks. Hence, the decisions that are taken by the employers should not be status blind  and this illegal inequalities comes under Civil Rights Act of 1964.

8 0
2 years ago
Assume a firm’s debtholders are promised payments in one year of $35 if the firm does well and $20 if the firm does poorly. Ther
dexar [7]

Answer:

$2 or 7.84%

Explanation:

we need to determine the expected value of the firm's payments:

  • $35 x 50% chance of doing well = $17.50
  • $20 x 50% chance of doing poorly = $10
  • total expected value = $27.50

Since investors are willing to pay $25.50 and the expected value in one year is $27.50, the promised return = $27.50 - $25.50 = $2 or 7.84% (= $2 / $25.50)

7 0
2 years ago
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