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aliina [53]
1 year ago
14

Symon's Suppers Co. has announced that it will pay a dividend of $4.23 per share one year from today. Additionally, the company

expects to increase its dividend by 4.4 percent annually. The required return on the company's stock is 10.6 percent. What is the current share price?
Business
1 answer:
sweet-ann [11.9K]1 year ago
6 0

Answer:

$68.23

Explanation:

In this question, we apply the dividend growth rate model which is shown below:

The computation of the current share price is shown below:

= (Current year dividend) ÷ (Rate of return on company stock - growth rate)

= ($4.23) ÷ (10.6% - 4.4%)

= ($4.23) ÷ (6.2%)

= $68.23

We simply find out the ratio between the current year dividend per share and difference between the rate of return and the growth rate

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Companies can improve job cost accuracy by using ________. a. a plantwide overhead rate direct-labor hours b. to apply overhead
Alex787 [66]

Answer: c. multiple predetermined overhead costs

Explanation:

Companies can improve job cost accuracy by using ________.

(A) a plantwide overhead rate

(B) direct-labor hours to apply overhead

(C) multiple predetermined overhead rates

(D) number of units in the job to apply overhead

By applying multiple predetermined overhead costs, companies can improve job cost accuracy. This is because it provides more accurate product costs. It is usually employed in large companies. Here, each department engaged in production runs its own predetermined overhead rate. Though while more complex, is known to be more accurate since it reflects the differences across the various production departments in how overhead costs are incurred, hence, job accuracy is improved significantly.

6 0
2 years ago
Urgency, specific application, and size of order are examples of ________ segmentation variables for business markets.a. Situati
taurus [48]

Answer:

Letter a is correct. <u>Situational factors.</u>

Explanation:

Situational factors are defined as the set of temporary environmental factors that will influence consumer behavior in the purchasing process.

These may include:

  • <u>the physical environment:</u> physical characteristics that influence purchase such as the organization and size of space.
  • <u>the social environment:</u> influence of consumption by other people.
  • <u>the task:</u> convenience of purchase for some reason.
  • <u>the time:</u>  time the person has to make a purchase.
  • <u> antecedent psychological states:</u>  spirit and psychological states that influence people to buy.
4 0
2 years ago
Theo wants to have $40,000 for a down payment on a house five years from now. He can either deposit one lump sum today or he can
juin [17]

Answer:

$1932.37

Explanation:

To find out how much additional money he must deposit if he waits for 1 year rather than making a deposit today we need to find the difference:

Difference = Value after 1 year - Present value

We first convert the interest rate percentage by dividing interest rate value by 100

Present Value = $40 000 / (1 + 0.035)5 = $7729.47

Value after 1 year = $40 000 / (1 + 0.035)4 = $9661.81

Difference = $9661.81 - $7729.47 = $1932.37

4 0
1 year ago
Whispering Corporation had income from continuing operations of $10,775,400 in 2020. During 2020, it disposed of its restaurant
pantera1 [17]

Answer:

                                   Whispering Corporation

                             Partial income statement for 2020

Income from continuing operations                           $10,775,400

Income from discontinuing operation:

Division operated loss                             ($321,500)

Division disposal Loss                            <u> ($200,100) </u>

                                                                                    <u>($521,600)</u>

Net Income                                                                  $<u>10,253,800</u>

8 0
2 years ago
Steve is good at setting up and managing groups of computers for large cities. In which Information Technology career pathway is
olchik [2.2K]

Steve is good at setting up and managing groups of computers for large cities. In which Information Technology career pathway is he most likely to get a job? Steve would most likely get a job in the computer engineering career field if he is good at setting up and managing groups of computers for large cities. This type of job requires someone who is computer savvy, understands what could happen and how to fix it so a large company that runs in large cities are not without computer access for too long. A computer engineer designs and develops computer systems and other tech devices.

5 0
2 years ago
Read 2 more answers
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