The best estimate of the stock's current market value is $43.34.Option (D) is the correct answer.
Burke Tires just paid a dividend of D0 = $1.45. Analysts expect the company's dividend to grow by 25% this year, by 15% in Year 2, grow by 10% in Year 3, and at a constant rate of 596 in Year 4 and thereafter. The required return on this low-risk stock is 10.00%. We are to find out the best estimate of the stock's current market value.
Determining the current stock price: Dividend in year 1, D1 = D0 (1 + g1) = $1.45 (1 + 0.25) = $1.81Dividend in year 2, D2 = D1 (1 + g2) = $1.81 (1 + 0.15) = $2.08Dividend in year 3, D3 = D2 (1 + g3) = $2.08 (1 + 0.10) = $2.29Dividend in year 4, D4 = D3 (1 + g4) = $2.29 (1 + 0.06) = $2.43Dividend in year 5, D5 = D4 (1 + g4) = $2.43 (1 + 0.06) = $2.57Dividend in year 6, D6 = D5 (1 + g4) = $2.57 (1 + 0.06) = $2.72
Since the dividend is expected to grow at a constant rate after year 4, we can use the Gordon growth model to find the stock price today using the formula, V0 = D1 / (r - g) + D2 / (r - g)² + D3 / (r - g)³ + P / (r - g)³where, r = required return = 10%g1 = growth rate in year 1 = 25%g2 = growth rate in year 2 = 15%g3 = growth rate in year 3 = 10%g4 = growth rate in year 4 and thereafter = 6%D0 = $1.45D1 = $1.81D2 = $2.08D3 = $2.29V0 = $2.43 / (0.10 - 0.06) + $2.57 / (0.10 - 0.06)² + $2.72 / (0.10 - 0.06)³V0 = $43.34Hence, the best estimate of the stock's current market value is $43.34.Option (D) is the correct answer.
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Jeff believes in the principle of rights theory and uses it to make ethical decisions for his business. He must decide whether to expand his business into Asia. Several key employees do not want the business to expand overseas and have threatened to quit if Jeff makes this move. Under the principle of rights theory, he will make this decision by considering:
Drag each tile to the correct location. Match each scenario to the appropriate form of business communication. Arty wants to talk with a coworker about providing support for another coworker. Samir wants to share an editing checklist he created with his team. Elena wants to quickly ask her team leader a question about a task she's working on. Rosanna needs to talk to an employee about his poor performance.
Answer:
digital messaging:
Samir wants to share an editing checklist he created with his team.Elena wants to quickly ask her team leader a question about a task she’s working on.face-to-face or phone calls
Rosanna needs to talk to an employee about his poor performance.Arty wants to talk with a coworker about providing support for another coworkerMax is using a search engine to do research on trends in his industry when he comes across a website that isn’t necessarily related to his research–but is interesting and engaging. Without realizing it, Max spends over an hour browsing through the webpage’s numerous articles and links. When his boss asks him if his research report will be ready by the end of the day, Max isn’t sure how to respond. He’s hardly done any work–but it’s not like he was purposely avoiding work. He was using the search engine for the purpose of research, after all. It’s not his fault that the search results weren’t very relevant. Max is considering asking his boss for an extension on his deadline so that he can spend more time researching. What do you think? What should Max do?
In this situation, Max has to first give his boss some advance notice that he wont be able to complete the report before deadline, explain himself briefly as to why that is, then ask for more time to be able to complete the task.
What is a deadline?A deadline indicates that a task or project is anticipated to be finished by that date and time. There is a clear expectation of what must be provided and by when thanks to deadlines. Employees are able to take charge of their work in this way and include deadlines into their time management techniques.
It's critical to schedule deadlines in advance because your work may be delayed. Recognize that some resources might be delayed and that some people might not be available. You may prevent the disaster of missing a deadline by making plans in advance.
Deadlines are crucial in business for a variety of reasons. They establish standards and encourage productive behavior in the workplace.
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The monetary value of what a firm received for goods sold, services rendered, and other payments is termed:.
Answer:
Revenue?
Explanation:
Revenue is the monetary worth of what a company receives for items sold, services given, and other payments.
What is the revenue?The total amount of income earned by the sale of goods or services connected to the company's principal operations is referred to as revenue. Because it appears at the top of the income statement, revenue, also known as gross sales, is sometimes referred to as the “top line.”
Revenue refers to the overall earnings generated by a company via its primary operations, such as product or service sales, property leases, recurring payments, interest on borrowings, and so on. It is also defined as monetary value of what a company receives in exchange for goods sold, services rendered, and other payments.
It is calculated before any expenditures, like as discounts and refunds, are deducted. Sales, money from fees, and income created by property are all examples of revenue.
Therefore, it is revenue.
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How can I become rich???
Explanation:
1, Don’t focus on a job, use the income from your job to invest to create different forms of income
2, Fastest way to get rich is to form a business
that's it :)
Company E, a diversified company, is experiencing an economic regression in its country. However, an analysis of the company showed that it could still be profitable in this economic downturn if it divested one of its business units. Which of the following businesses would Company E find it most easy to exit?
a.
the home electronics business, where the company has a large number of fixed costs
b.
the tv industry, where the company has contractual obligations with suppliers
c.
the computer software business, where investments in assets are low
d.
the computer business, where the company’s strategic commitments are long-term
Based on the information provided, the business unit that Company E would find it most easy to exit in the economic regression would be:
c. the computer software business, where investments in assets are low.Since the computer software business has low investments in assets, it implies that the company has fewer physical assets tied up in this business unit. This makes it easier for Company E to exit the software business compared to the other options.In contrast, the other options have specific factors that may make them more difficult to exit:a. the home electronics business, where the company has a large number of fixed costs: Exiting this business would require dealing with substantial fixed costs, which could make it more challenging to exit profitably.b. the TV industry, where the company has contractual obligations with suppliers: Exiting this industry may involve breaking contractual obligations with suppliers, which could result in legal or financial consequences for Company E.d. the computer business, where the company's strategic commitments are long-term: If the company has long-term strategic commitments in the computer business, exiting this sector may involve complications, such as breaching contracts or facing penalties for early termination. Therefore, considering the low investments in assets, the computer software business would likely be the easiest business unit for Company E to exit in the current economic regression.
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The extent to which assets are used to support sales is indicated by which of the following ratiosliquidity ratiosasset utilization ratiosfinancial leverage ratiosprofitability ratios
The extent to which assets are used to support sales is indicated by asset- b. utilization ratios. These ratios measure how efficiently a company is using its assets to generate revenue.
What does it have?They include metrics such as inventory turnover, accounts receivable turnover, and fixed asset turnover. Liquidity ratios, on the other hand, measure a company's ability to meet short-term obligations and are not directly related to asset usage.
Financial leverage ratios measure a company's debt and equity levels and their impact on profitability. Profitability ratios measure a company's ability to generate earnings from its sales and assets.
Overall, asset utilization ratios are key indicators of a company's operational efficiency and effectiveness.
Hence, option b. is correct.
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4. According to Cutler et al. (2006), the wide acceptance of germ theory in the 1880-1890s led to a wave of new public health initiatives and information about safe health practices. Provide some examples of macro and micro public health initiatives and explain what happened after these initiatives were enacted
After these initiatives were enacted, significant improvements in public health were observed. The overall health of populations improved, and the prevalence of infectious diseases decreased. Life expectancy increased, and communities became more resilient to disease outbreaks. These initiatives laid the foundation for modern public health practices and continue to shape health policies today.
According to Cutler et al. (2006), the wide acceptance of germ theory in the 1880-1890s led to a wave of new public health initiatives and information about safe health practices. These initiatives can be classified into two categories: macro and micro public health initiatives.
Macro public health initiatives refer to large-scale programs implemented at the population level. Some examples of macro public health initiatives during this time period include:
1. Sanitation reforms: Governments implemented measures to improve sanitation by providing clean water supplies, sewage systems, and waste management. This helped to reduce the spread of diseases caused by contaminated water and unsanitary conditions.
2. Vaccination campaigns: With the discovery of vaccines, mass vaccination campaigns were launched to protect people from diseases like smallpox, diphtheria, and polio. These campaigns aimed to immunize as many people as possible, leading to a decline in the prevalence of these diseases.
Micro public health initiatives, on the other hand, focus on individual-level interventions. Examples of micro public health initiatives include:
1. Health education programs: Public health officials conducted educational campaigns to raise awareness about hygiene practices, such as handwashing, proper food handling, and personal cleanliness. These initiatives aimed to empower individuals with knowledge to protect themselves and prevent the spread of diseases.
2. Quarantine measures: In response to outbreaks of infectious diseases, authorities implemented quarantine measures to isolate and prevent the further spread of the disease. This involved separating infected individuals from the general population, which helped to control the transmission of diseases.
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Otis driftwood is buying a home for $205,700 with a 90% conventional loan. the loan factor for determining the principal-and-interest amortized payment is $8 per $1,000. the transaction will close on september 3. what is the principal and interest payment, and when will that first payment be due?
Otis Driftwood's monthly principal and interest payment is $1,481.04. To determine the principal and interest payment for Otis Driftwood's loan, we can use the following formula:
Payment = Loan amount x Loan factor
First, we need to calculate the loan amount, which is equal to 90% of the home price:
Loan amount = $205,700 x 0.9 = $185,130
Next, we can calculate the payment:
Payment = $185,130 x $8/$1,000 = $1,481.04
Therefore, Otis Driftwood's monthly principal and interest payment is $1,481.04.
To determine when the first payment is due, we need to know the loan's closing date and when the loan's payment cycle starts. Assuming that the loan's payment cycle starts on the first day of the month following the loan's closing date, and that the loan closes on September 3, the first payment will be due on November 1 (since the payment for October will be covered by the closing costs).
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What is institutional advertising focused on promoting?
A. A company
B. The Internet
C. A service
D. A good
Please select the best answer from the choices provided
Answer:
Product advertising focuses on promoting specific individual products while institutional advertising focuses on your overall brand
Answer:
A. A company
Explanation:
Right on EDGE 2021
Which of the following statements is true?
Answer:
True
Explanation:
Which of the following is a consequence of an unbalanced psychological contract?
A. Eustress
B. Fundamental attribution error
C. Projection
D. Withdrawal
E. False sense of confidence
D. Withdrawal A consequence of an unbalanced psychological contract is the tendency for individuals to experience withdrawal.
An unbalanced psychological contract refers to a perceived imbalance or violation of the mutual expectations and obligations between an individual and their organization. When there is a discrepancy between what an individual expects from their organization and what they actually receive, it can lead to feelings of dissatisfaction, disillusionment, and a decreased commitment to the organization. Withdrawal behaviors can manifest in various forms, such as reduced effort, absenteeism, lateness, turnover, or disengagement from work tasks. These behaviors are often seen as a response to the perceived breach of the psychological contract, as individuals may choose to disengage or distance themselves from the organization in response to the perceived unfairness or lack of reciprocity. Other options listed, such as eustress (positive stress), fundamental attribution error (an attributional bias), projection (a defense mechanism), and false sense of confidence, are not directly related to the consequences of an unbalanced psychological contract.
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Wilbur has $800 to open a checking account. He can maintain a minimum balance of at least $500. He plans to use the ATM twice a month and he maintains a savings account at the same bank. His employer has direct deposit and he sometimes overdrafts his account. Bank Account Terms and Conditions Bank Account terms and conditions. Bank A is best for Wilbur. Wilbur wants a checking account with the lowest fees. Which checking account would be best for Wilbur? Account A Account B Account C Account D.
Answer:
Account A
Explanation:
It should be noted that the checking account that would be best for Wilbur is Account A.
A checking account simply means a type of bank account that allows one to easily deposit and withdraw money to carry out transactions.
From the complete information, it can be noted that Wilbur wants a checking account with the lowest fees. Therefore, the best option that should be chosen is Account A.
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what needs to be determined to compute break-even sales for a mix of two or more products?
Hi! To compute break-even sales for a mix of two or more products, you need to determine sales mox, selling price, variable cost, fixed cost etc.
these are given below in detail-
1. Sales Mix: The ratio of the quantities of each product in the mix. This shows the proportion of each product that contributes to total sales.
2. Selling Price: The price at which each product is sold. This is important for calculating the revenue generated from the sales of each product.
3. Variable Cost: The cost that varies directly with the production and sale of each product. It includes costs like direct labor and direct materials.
4. Fixed Costs: The costs that remain constant regardless of the production or sales level, such as rent, salaries, and insurance.
To compute the break-even sales, follow these steps:
1. Calculate the contribution margin for each product by subtracting its variable cost per unit from its selling price per unit.
2. Determine the weighted average contribution margin by multiplying the contribution margin of each product by its respective sales mix ratio, and then summing the results.
3. Divide the total fixed costs by the weighted average contribution margin to find the break-even sales in units.
4. Multiply the break-even sales in units for each product by their respective selling prices to obtain the break-even sales in dollars.
By following these steps, you can accurately compute the break-even sales for a mix of two or more products.
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what is the liability of an mco (e.g., hmo, ppo) when it makes decisions about insurance coverage for hospital stays?
A patient sues an MCO for bodily harm that they claim was caused by the MCO's inadequate investigation of their healthcare providers. Vicarious liability for conduct of affiliated providers. An enrollee holds an MCO vicariously accountable for any alleged malpractice by a hired or network ophthalmologist.
- More about liability of an MCO :
- MCO (managed care organizations) liability, including that of HMOs (health maintenance organizations) and PPOs (preferred provider organizations). What responsibility does the managed care business have when its employees decide whether to cover hospital stays under their insurance policies?
- Although various scenarios related to MCO decision-making, such as the approval or denial of medically essential therapy (or limitations of treatment), mention particular scenarios. The analysis cannot be confined to analysis of length of stay. Include the potential liability consequences and provide a comprehensive defense of the position.
- Talk about what choices MCO or PPO plan participants may have, if any, if their medically necessary care is not covered.
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Cattle is not an effective form of money. What essential characteristic of money does cattle lack that most makes it ineffective
Answer:
medium of exchange
Explanation:
Cattle is not an effective form of money. Cattle lacks medium of exchange, which makes it ineffective.
What is the name of India's indigeneous Turbofan engine ?
Answer:
Kaveri engine is the answer of this que
Explanation:
i hope this helps!
The name of India's indigenous Turbofan engine is known as the Kaveri engine.
What is the Kaveri engine?It was an engine that first ran in 1996 and was developed in India under a governmental Defence Research program.
It gained fame for being one of the first indigenous turbofan engines made by India.
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Calculate the state income tax owed on a 50000per year salary
To calculate the state income tax owed on a $50,000 per year salary, we need to know the tax rate for the state in question. Each state has its own tax rate, so the amount of state income tax owed will vary depending on the state.
Assuming a tax rate of 5%, the state income tax owed on a $50,000 per year salary would be:
$50,000 x 0.05 = $2,500
Therefore, the state income tax owed on a $50,000 per year salary would be $2,500.
Here is the step-by-step explanation:
Step 1: Determine the tax rate for the state in question. In this example, we are assuming a tax rate of 5%.
Step 2: Multiply the salary by the tax rate to calculate the state income tax owed. In this example, $50,000 x 0.05 = $2,500.
Step 3: The result is the state income tax owed on the salary. In this example, the state income tax owed on a $50,000 per year salary is $2,500.
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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Question 6 of 10
The practice of fractional reserve banking means that:
O A. banks are required by law to operate as nonprofit organizations.
O B. banks are not allowed to use deposited funds to make loans.
O C. banks can change the interest rates on loans at any time.
O D. banks only keep a portion of their deposits as cash reserves.
Answer:
D. banks only keep a portion of their deposits as cash reserves.
Explanation:
A fractional reserve system needs a commercial bank to maintains the customer deposit percentage at the time of custody. This means that at any time the deposit fraction should have the cash backing i.e. physical also the fraction should be maintained
So according to the given situation, the last option is correct as the bank keep a portion of the deposits in cash reserves
Company A enters into a forward contract to purchase 16,000 barrels of oil at $48/barrel in 6 months. What is the net gain or loss if the spot price of oil is $53/barrel at expiration
When Company A entered into a forward contract to purchase 16,000 barrels of oil at $48/barrel in 6 months, it locked in the price of oil to protect itself against any potential price fluctuations in the future. However, if the spot price of oil at expiration is $53/barrel, Company A will incur a net loss on the contract.
To calculate the net gain or loss, we need to consider the difference between the forward price and the spot price. In this case, the forward price is $48/barrel, and the spot price is $53/barrel. The difference between the two is $5/barrel.
Since Company A is buying 16,000 barrels of oil, the total loss on the contract would be $80,000 ($5/barrel x 16,000 barrels). This means that Company A will have to pay $80,000 more than the current market price of oil at expiration.
Overall, the net gain or loss on the forward contract is dependent on the spot price of oil at expiration. If the spot price is higher than the forward price, the company will incur a loss, and if the spot price is lower than the forward price, the company will gain a profit.
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why is bill gates influential? (select three)a.he overlooks core values in business decisions.b.he has a vast fortune.c.his financial contributions havealtered the landscape of world health.d.he created a new segment of the computer market
Bill Gates is influential for several reasons, but three key factors stand out. First, he has a vast fortune that has allowed him to fund and invest in various projects and initiatives. Secondly, his financial contributions to global health efforts have had a significant impact and altered the landscape of world health. Lastly, Gates created a new segment of the computer market with the development of Microsoft, which has revolutionized the technology industry.
Gates' wealth and success as the co-founder of Microsoft have allowed him to become one of the wealthiest people in the world. This wealth has given him a platform to fund and invest in numerous projects aimed at solving global issues, such as education, climate change, and global health. His philanthropic efforts have been particularly notable, and through the Bill and Melinda Gates Foundation, he has donated billions of dollars to support initiatives aimed at improving global health outcomes. This has included funding for vaccines, research on infectious diseases, and initiatives to improve maternal and child health in developing countries.
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Which group is legally responsible for implementing
protection and controls that ensure your workplace
meets safety standards?
A. Employers
B. Unions
C. Employees
D. Government
Answer:
A
Explanation:
Answer:
It SHOULD be employers but i may be wrong... if i'm not CAN I PLES HAVE BRAINLYIEST
Explanation:
Also, if i'm right there is no need to thank me unless you want too
how evade taxes pls tell me how to evade taxes i am only nine years old and need not pay taxes cause i hate taxes, taxes are for nerds
Answer:
you simply cease to do your legal documentation
Explanation
you dont have taxes until u have a job
fast pls The Fair Labor Standards Act does not cover which of the following?
unemployment compensation
child labor
minimum wage
overtime pay
Rick is thinking about starting his own business. The start-up costs he has identified include $12,000 to lease the office, $25,000 for inventory, and $30,000 for the first year’s payroll. For the first year, he projects that he would make a slight profit of $3,250. Would it be better to use the money to open the business or to invest the money in a savings bond with a first year return of 5.99%?
Add up your costs and expenditures. Include one-time charges and the cost of business resources coupled with a short period of regular business costs as your first step in analyzing your start-up costs.
How to Calculate Startup Costs?
Making a financial projection of the company, covering all expenses before to the company's opening and continuing until a profit is realized, is required to determine start-up costs. Make a list of all the start-up assets you will need to buy for your business, including equipment, computers, automobiles, and merchandise.
Set your goals and milestones in the first step. The first step in figuring out initial costs is to start with the end in mind.Construct a financial road map Your next step is to develop a financial roadmap after examining your objectives.Start considering funding in Step 3...Set funding objectives in Step 4...Use funding to balance milestones in Step 5...To learn more about Startup Costs refer to:
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china is the leading producer of ________, but the united states is also a major producer and user.
China is the leading producer of rare earth elements, but the United States is also a major producer and user.
Understanding China and United StatesChina is the leading producer of rare earth elements (REEs), which are essential in various industries such as electronics, renewable energy, and military technology.
However, the United States is also a significant producer and user of these valuable resources. REEs are crucial in the manufacturing of smartphones, electric vehicles, and wind turbines, among other high-tech applications.
The U.S. relies on these elements to maintain its competitive edge in technological innovation and national defense.
Although China dominates the global market, the U.S. has been making efforts to increase domestic production and reduce dependence on foreign sources for these vital materials.
Both countries play crucial roles in the global supply chain for rare earth elements, driving technological advancements and shaping the future of sustainable energy solutions.
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5. When should permissions be a part of a company's internal control process? (1
point)
Answer:
when they don't have what you want and they don't know what they are doing
Explanation:
Considering absolute and comparative advantages, how would you explain the growth in AJC exports from China to the USA?
The growth in AJC (Aluminum Junction Clips) exports from China to the USA can be explained by both absolute and comparative advantages.
Absolute advantage refers to a country's ability to produce a good more efficiently and at a lower cost compared to other countries. In the case of China, it is likely that they have a lower production cost for AJC due to factors such as cheaper labor and access to raw materials. This lower cost allows Chinese producers to offer competitive prices in the US market, leading to increased exports.
Comparative advantage, on the other hand, refers to a country's ability to produce a good at a lower opportunity cost compared to other goods it can produce. It is possible that China has a comparative advantage in the production of AJC, meaning that they can produce AJC at a lower opportunity cost compared to other goods they could produce. This encourages Chinese producers to specialize in AJC production and export it to the USA, where they can take advantage of their comparative advantage.
In conclusion, the growth in AJC exports from China to the USA can be attributed to China's absolute advantage in terms of lower production costs and its comparative advantage in the production of AJC. These advantages enable Chinese producers to offer competitive prices and specialize in AJC production, leading to increased exports to the USA.
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Explain the importance of office for an organization long answer
Answer:
The answer to this question is given below in this explanation section.
Explanation:
" importance of office for an organization"
An office is the center point of organization.It is a place to perform different activities of a business organization.The office is the brain of the whole organization.The office performs a critical function such as information collection,collection,recording analyzing distribution of information and executive function such as planning,organization,policies formulation,decision making etc.
It is used by management for the purpose of planning,organizing,staffing,directing,and controlling.Office not only keep record of information but also pay the role of reliable channel of communication the information.It is required for smooth functioning of the organization.
Proper organisation facilities the intensive use of human capital.Organization stimulates creativity.By providing well defined areas of work and ensuring delegation of authority,Organization provides sufficient freedom to the managers and encourages their initiative,independent thinking and creativity.