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Akimi4 [234]
1 year ago
15

The Buckeye Corporation expects to pay a dividend of $3.15 per share at the end of next year. The firm expects the dividend to c

ontinue growing at the rate of 8% per year for the foreseeable future. If you require a return of 13% per year, the most you should pay for this stock is ______?
Business
1 answer:
ANEK [815]1 year ago
4 0

Answer:

Answer is $63.

Explanation:

Price = D1/(ke- g) = 3.15/(.13 - .08) = $63

Answer is $63.

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Tickets Now contracts with the producer of Riverdance to sell tickets online. Tickets Now charges each customer a fee of $4 per
Lemur [1.5K]

Answer:

The correct option: $14 because both the fee from the customer and the producer are earned

Explanation:

Based on the information given we were told that Tickets Now charges each of their customer a fee amount of $4 per ticket in which they receives the amount of $10 per ticket from the producer which means that the amount of revenue Tickets should Now recognize for each Riverdance ticket they sold will be $14 ($10 per ticket +$4 per ticket) because both the fee from the customer and the producer are earned.

7 0
1 year ago
Remember that Molly has a $2500 down payment saved for this purchase. The dealer will take the $500 Cash Allowance straight off
ivann1987 [24]

Answer:

The complete questions is

Molly is celebrating her exciting new career and wants to upgrade her junky old car for a shiny new Jeep

Patriot. She heads to Jeep’s website and sees the following financing deals:

Remember that Molly has a $2500 down payment saved for this purchase. The dealer will take the $500 Cash Allowance straight off her total. How much loan does Molly need?

Explanation:

6 0
2 years ago
Suddeth Corporation has entered into a 6 year lease for a building it will use as a warehouse. The annual payment under the leas
ratelena [41]

Answer:

A) $12,528

Explanation:

We should consider the rent payment as an annuity. Because we are paying, it should be considered the present value of an annuity.

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C  2,468

time 6

rate         0.05

2468 \times \frac{1-(1+0.05)^{-6} }{0.05} = PV\\

PV $12,526.8080

We are asked for the closet option, so we have to chose A) 12,528

6 0
1 year ago
This is section 3.8 problem 30: a motel owner observes that when a room is priced at $60 per day, all 80 rooms of the motel are
inna [77]

Answer:

see explanations

Explanation:

First, for 80 room charged at $60 per room ,all rooms are occupied

Let the demand function, expressed by p , the price in dollars charged for each room per day, as a function of x as,

p(x)=$60x ------------where x in the number of rooms

When the price per room is increased by $3, the demand function will be;

p(x)=$63x

Maintenance per room after price increase will be;

p(x)=$16x

This means: $63x -$60x=$16x

3*80 p(x)=16*80

p(x)=(16*80)/(3*80) =5.33

Due to price increase the number of rooms occupied reduced by 5 rooms to 75 rooms. Because of unoccupied rooms bringing no revenue the maintenance cost increased. The demand for room decreased.

6 0
1 year ago
The company you work for currently has ISDN service in place. Your supervisor wishes to know what sort of ISDN service is being
uranmaximum [27]

Answer:

Basic Rate Interface (BRI).

Explanation:

Basic Rate Interface (BRI, 2B+D, 2B1D) is an Integrated Services Digital Network (ISDN) configuration intended primarily for use in subscriber lines similar to those that have long been used for voice-grade telephone service.

4 0
1 year ago
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