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Scrat [10]
1 year ago
10

Long Life Floors is expected to pay an annual dividend of $7 a share and plans on increasing future dividends by 2 percent annua

lly. The discount rate is 15 percent. What will the value of this stock be 5 years from today
Business
1 answer:
Vlad1618 [11]1 year ago
4 0

Answer: $60.62

Explanation:

Using the Gordon Growth model;

Value = Next dividend / (Required return - growth rate)

Next dividend in 5th year will be dividend in 6th year;

= 7 * (1 + 2%)⁶

= $7.88

Value₅ = 7.88 / (15% - 2%)

= $60.62

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1. Why might social business be especially useful for global companies?2. What were some of the benefits that IBM social tools c
Alinara [238K]

Answer:

Explanation:

Social business tools like networking and shared workspaces are important for global companies because they allow far-flung coworkers to collaborate and do their work more effectively.

2. Benefits include greater productivity, quicker decision making, and improved customer service. Every types of employees gets different benefits.

3. Cemex is a world wide company with several thousands of employees in more than 49 countries. A company-wide social network allowed employees around the globe to share ideas and collaborate with each other. This will lead to a new product creation.

4. If employees do not get good training on how to use social media, they may harm the company or its brand. If employees does not see the essence in a collaborative workplace, social initiatives may not work.

6 0
2 years ago
Adams Manufacturing allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Adams est
alexira [117]

Answer:

The overhead application rate is 1.8

Explanation:

In the question both the estimated and actual overhead cost , material and labor cost are provided -

                                     ESTIMATED                 ACTUAL

Overhead cost             $396,000                     $418,000

Material cost                $410,000                      $413,200

Direct cost                    $220,000                    $224,000

Overhead application rate can be calculated by dividing the total budgeted overhead cost by direct labor cost.

= Budgeted overhead cost / direct labor cost

= $396,000 / $220,000

= 1.8

7 0
1 year ago
Which of the following systems is especially suited to situations in which the procedure for arriving at a solution may not be f
Step2247 [10]

Answer:

The correct answer is the option D: Decision Support System.

Explanation:

To begin with, <em>''Decision Support System''</em> or DDS is the name given to a type of information system whose main purpose is to help the users in the decision making process by given them support regarding data mining and the recollection of information in order to <u>present several alternatives that may help the user to resolve a problem that may be rapidly changing and not easily specified in advance</u>, for example unstructured decision problems.

8 0
1 year ago
One year ago, Deltona Motor Parts deposited $16,500 in an investment account for the purpose of buying new equipment three years
IgorC [24]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

One year ago, Deltona Motor Parts deposited $16,500 in an investment account to buy new equipment three years from today. Today, it is adding another $12,000 to this account. The company plans on making a final deposit of $20,000 to the account one year from today.

To calculate the future value of the investment, we need to use the following formula:

FV= PV*(1+i)^n

First deposit= 16,500*(1.045^4)= 19,676.56

Second deposit= 12,000*(1.045^3)= 13,694

Third deposit= 20,000*(1.045^2)= 21,840.5

Total= $55,211.06

5 0
1 year ago
Emma Clumsy, the insured, makes a contract with Rest in Peace Insurance Company, the insurer, whereby Emma will pay quarterly pr
masya89 [10]

Answer:

Henry is the intended beneficiary of the insurance policy and as such, he is bound to the time limitations and all the other clauses included in the contract.

Explanation:

Intended beneficiaries are third parties that can benefit from a contract. Third parties are not part of the contract and may not even know that they were included as beneficiaries in it, but they are bound by all the legal clauses included in the contract. They must be included in the contract and all the benefits they might obtain have to be explicitly established.  

5 0
1 year ago
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