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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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How well acquainted with a sport would a publicist need to be in order to do his or her job effectively?
Mrac [35]

Answer:

at the very least, understand the basics of the sport in question

Explanation:

A publicist is an individual who generates and manages publicity for a company, a brand, or a public figure. If the publicist works for a sports company/magazine they need to, at the very least, understand the basics of the sport in question such as the rules, basic terminology used, player names/states, etc. This is because they need to write articles that make sense, and since the audience reading them will be very well versed in the sport, then the information provided needs to be accurate.

8 0
1 year ago
The Walden Manufacturing Corp. has office support salaries of $4,000, factory supplies of $1,000, indirect labor of $6,000, dire
Sedbober [7]

Answer: <em>Total Period Cost = $20,500</em>

Explanation:

Given :

Salary = $4000

Factory supply = $1000

Indirect labor = $6000

Direct material = $16000

Advertising expense = $2500

Office expense = $14000

Direct labor = $20000

Period costs are the costs incurring that do not tend to be a section of manufacturing process. Therefore, we compute the Period Cost using the following formula:

<em> Period costs = Salary + Advertising expense + Office expense </em>

<em> = $4,000 + $2,500 + $14,000 </em>

<em> = $20,500</em>

7 0
2 years ago
CDF Appliances has assembly plants in Atlanta and Fort Worth where it produces a variety of kitchen appliances, including a 12-c
zloy xaker [14]

Answer:

Cappuccino machines should be produced in Atlanta and coffee makers in Fort Worth. The Fort Worth facility would need to operate 100 hours per week and the Atlanta facility would need to operate 140 hours per week.

Total costs associated to operating the facilities = ($2,400 x 100) + ($600 x 140) = $324,000

Explanation:

Since there is not constraint regarding the total number of labor hours that each plant can operate, then we must choose the plant that operates at the lower cost. The only restriction is total time = 7 days x 24 hours = 168 hours per week:

production costs Atlanta:

coffee maker = $600 / 160 = $3.75 per unit

cappuccino machine = $600 / 200 = $3 per unit

production costs Fort Worth:

coffee maker = $2,400 / 800 = $3 per unit

cappuccino machine = $2,400 / 200 = $6 per unit

Cappuccino machines should be produced in Atlanta and coffee makers in Fort Worth. The Fort Worth facility would need to operate 100 hours per week and the Atlanta facility would need to operate 140 hours per week.

6 0
2 years ago
A portfolio consists of the following two funds. Fund A Fund B $ Invested $ 12,000 $ 8,000 Weight 60 % 40 % Exp Return 15 % 12 %
vova2212 [387]

Answer:

Sharpen Ratio   =            <u>    Rp  - Rf</u>

                         standard deviation of portfolio

                        =    <u>13.8%  - 3.6%</u>

                                     173.11%

                              =   0.05892

                              = 0.059

workings

Return of portfolio   =   Ra*wa  +  Rb*Wb

                            =  15%*0.6  +  12%*0.4  

                           =   9%  +  4.8%  =  13.8%

Standard deviation of portfolio =  square root of variance

= √ stdA²wa² + stadB²wb² + 2wawbcorrAB

= √(24%*0.6)² +(14%*0.4)²  + 2*0.6*0.4*1.27

=  √207.36% + 31.36% + 0.6096

=  √2.9968

= 1.73

=  173.11%

                                                 

Explanation:

7 0
2 years ago
Several factors can contribute to long-term organizational success. one is the establishment of a core ideology that collins and
andrew11 [14]

Original Source Material

Student Version

Merck, in fact, epitomizes the ideological nature--the pragmatic idealism--of highly visionary companies. Our research showed that a fundamental element in the "ticking clock" of a visionary company is a core ideology--core values and a sense of purpose beyond just making money--that guides and inspires people throughout the organization and remains relatively fixed for long periods of time.

References:

Collins, J. C., & Porras, J. I. (2002). Built to last: Successful habits of visionary companies. New York, NY: Harper Paperbacks.

Several factors can contribute to long-term organizational success. One is the establishment of a core ideology that Collins and Porras (2002) describe as "core values and sense of purpose beyond just making money" (p. 48). Also, the importance of a visionary leader that guides and inspires people throughout the organization and remains relatively fixed for long periods of time is hard to over emphasize.

References:

Collins, J. C., & Porras, J. I. (2002). Built to last: Successful habits of visionary companies. New York, NY: Harper Paperbacks.

Which of the following is true for the Student Version above?

Word-for-Word plagiarism

Paraphrasing plagiarism

This is not plagiarism

This is not plagiarism.

Answer: Option 3.

<u>Explanation:</u>

Plagiarism in very simple words is the copying of the content of the document that has been written by some one else in to your own document. During this copying the due acknowledgement is also not given to the document from which it has been taken.

The document that has been talked about in the question above is not an example of plagiarism. The proof for this is the due acknowledgement given to the references from whose document the content has been taken into the document.

8 0
1 year ago
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