answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
IrinaK [193]
2 years ago
8

The common stock of Royal Ranch House is selling for $20.23. The firm pays dividends that are expected to grow at a rate of 4.40

% indefinitely. Your investment horizon is 9 years. What do you estimate the price of Royal Ranch House stock will be at that time?
Business
1 answer:
ElenaW [278]2 years ago
7 0
20-(65)xy-mx+b might ce the ranch house stock
You might be interested in
You owe $8,000 in student loans and would like to pay it all off with your commissions. Use Goal Seek to determine the amount yo
shutvik [7]

Answer:

If we select G3 cell in the spreadsheet the limit will be set to $10,000

Explanation:

Goal seeking is technique used in Excel to calculate the input value that will give out the current output value. It can be used for trial or logical means. This can be referred to as what if analysis or back solving technique. In the current problem the cell G3 has the value of $8,000 that is owed as a student loan. We select the Goal seek in excel, set cell as G3 and set limit as $10,000.

3 0
2 years ago
Last year, Kaylor Equipment had $15,900 of sales, $500 of net new equity, dividend payments of $75, an addition to retained earn
ArbitrLikvidat [17]

Answer:

$1,135.05

Explanation:

Given:

Sales = $15,900

Net new equity = $500

Dividend payments = $75

Retained earnings = $418

Depreciation = $680

Interest expense = $511

Tax rate = 21% = 0.21

Now,

Net income = Retained earnings + Dividend payments

= $418 + $75

= $493

Profit before tax = Net income ÷ ( 1 - tax rate )

= $493 ÷ ( 1 - 0.21 )

= $624.05

Therefore,

Earnings before interest and taxes

= Profit before tax + Interest expense

= $624.05 + $511

= $1,135.05

4 0
2 years ago
Why is it important for the ALSA management team to understand the importance of social media in their work?
Bad White [126]

Answer: the ALSA management team must understand the importance of social media in their work because of globalization. People can work from one country to another country through social media. Through social media you can get answer to your problems at work quickly.

Explanation:

7 0
2 years ago
Read 2 more answers
Sapp Trucking's balance sheet shows a total of noncallable $45 million long-term debt with a coupon rate of 7.00% and a yield to
spin [16.1K]

Answer:

The difference between two WACC is 1.2%.

Explanation:

As we know that

WACC = Ke * Ve / (Ve + Vd (1-Tax))    +   Kd * Vd*(1-tax) / (Ve + Vd*(1-Tax))

Using the Book Value Method:

WACC =             14% *$65 / ($65m + $45m (1-40%))

                    + 6% *$45m*(1-.4) / ($65m + $45m (1-40%))

WACC = 10%  + 1.8% = 11.8%

<u>Using the market value method:</u>

Market Value of Common Stock = Common Shares * Market value per share

Market Value of Common Stock = 10 million * $22.5 per share = $225m

WACC =             14% *$225 / ($225m + $50m (1-40%))

                    + 6% *$50m*(1-.4) / ($225m + $50m (1-40%))

WACC = 12.35%  + 0.7% = 13%

The difference between two WACC is 1.2%.

4 0
2 years ago
__________ provide a more level ride by raising or lowering a car's wheels
Anna [14]

The correct answer is the suspension stability system. This is defined as a kind of detection by which it detects driving conditions by means of lowering or raising the vehicle’s wheel that makes the ride more leveled or more smoother.

7 0
2 years ago
Other questions:
  • Mace Auto Parts Company sells to retail auto supply stores on credit terms of "net 60". Annual credit sales are $300 million (sp
    5·1 answer
  • A bank asks customers to evaluate the drive-thru service as good, average, or poor. Which level of measurement is this classific
    14·1 answer
  • Rank the following three single taxpayers in order of the magnitude of taxable income (from lowest to highest). (First mean high
    7·1 answer
  • Josh bought a bond with a par value of 1,500 from company ABC. The bond pays twenty annual coupons of 90 and matures at the end
    11·1 answer
  • When you download and print the NCAA Basketball Tournament bracket (a paper to pick who you think will win the NCAA Men's Basket
    12·1 answer
  • If a firm applies its overall cost of capital to all its proposed projects, then the divisions within the firm will tend to ____
    13·1 answer
  • Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the
    9·1 answer
  • On Saturday, December 31, the company's owner provided ten hours of service to a customer. The company bills $100 per hour for s
    6·1 answer
  • Assume that Clark Electronics has a monopoly in the production and sale of a new device for detecting and destroying a computer
    14·1 answer
  • 1. lYour friend says, "I have some extra money, but I'm not sure if I should save or invest it." What key questions
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!