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Nastasia [14]
2 years ago
6

Show Boat Dinner Theatres has paid annual dividends of $0.32, $0.52, and $0.60 a share over the past three years, respectively.

The company now predicts that it will maintain a constant dividend since its business has leveled off and sales are expected to remain relatively flat. Given the lack of future growth, you will only buy this stock if you can earn at least a 19 percent rate of return. What is the maximum amount you are willing to pay for one share of this stock today
Business
1 answer:
Hunter-Best [27]2 years ago
3 0

Answer:

$3.16

Explanation:

Since in the question it is given that the company wants to maintain a constant dividend.

So, the maximum amount you are willing to pay for one share is

= $0.60 ÷ 19%

= $3.16

We simply divide the dividend for 3 year by the earning rate of return so that the maximum price could come

All the other information which is given is not relevant. Hence, ignored it

You might be interested in
If the substitution effect of the real interest rate on saving is larger than the income effect of the real interest rate on sav
Kay [80]

Answer:

rise, fall

Explanation:

In the case when the subsitution effect with respect to the real rate of interest should be saved and more than the income effect on the real rate of interest so if there is an increased in the real rate of interest so there is an increase in the consumption also there is the fall in the savings

Also, if there is a more income effect, the consumption should rise and the savings would decline

Therefore the rise and fall should be considered to fill the blanks

3 0
1 year ago
An employee of a sports franchise is a Seventh Day Adventist. Seventh Day Adventists hold their worship services on Saturdays. H
polet [3.4K]

Answer:

Retaliation

Explanation:

Based on the information provided within the question it seems that in addition to his first filing, he is now eligible to also file a Retaliation complaint against his employer. This is a complain that is usually filed when an employer  retaliates by firing an employee who made a discriminatory complaint against them. Which is exactly what happened in this situation since the employee was fired because he filed a complaint with the EEOC because his employer would not accommodate his religious needs.

If you have any more questions feel free to ask away at Brainly

3 0
2 years ago
Bradford Company derived the following cost relationship from a regression analysis of its monthly manufacturing overhead cost:
Firdavs [7]

Answer:

Bradford's estimated variable manufacturing overhead cost is $127,200

Explanation:

The cost function=$83,000+$12M

where M stands for machine hours required to produce the expected output in the month under review.

Each one-six unit case of Bradford's single product requires two machine hours,hence 5,300 cases would require 10,600 hours(5,300*2hrs).

Total estimated variable manufacturing overhead=cost per machine hour*expected number of machine hours

cost per machine hour is $12 as seen in the cost function

estimated variable manufacturing overhead=$12*10,600=$127,200

3 0
2 years ago
If all you knew about a production system was that total daily output was 400 units and the total labor necessary to produce the
Serjik [45]

Answer:

partial measure

Explanation:

Based on the information provided it can be said that the kind of productivity measure that can be used would be a partial measure. Partial Productivity measure relates output to a single input unit. For example, capital productivity deals with output per unit of capital while energy productivity relates output per joule of energy used. In this scenario, we would need labor productivity which is output per hour worked.

6 0
2 years ago
A major liquor store finds that it sells an average of 100 bottles a week of regular 750 ml bottles of Jameson Irish Whiskey. As
Semmy [17]

Answer:

  • 0.04 year
  • 200 bottles
  • 100 bottles
  • 250
  • 200

Explanation:

A)  The current order cycle length = 2 weeks

= 2 / 50 year = 0.04 year

B) The current order size

cycle time ( 2 weeks ) * demand per unit time ( 100 bottles )

= 2 * 100 bottles = 200 bottles

C) average inventory

= order size / 2 weeks = 200 / 2 = 100 bottles

D) calculate how much the liquor store spend per year on ordering

first we calculate the number of orders per year = 50 / 2 = 25

next the amount spent per year on ordering = 25 * 10 = 250

E) calculate  inventory holding costs per year

= average inventory * cost of holding per bottle

= 100 * 2 = 200

7 0
1 year ago
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