The next dividend payment by Hot Wings, Inc., will be $4.25 per share. The dividends are anticipated to maintain a 3 percent growth rate forever. Required:If the stock currently sells for $59 per share, what is the required return

Answers

Answer 1

Answer:

10.20%

Explanation:

According to the Gordon constant growth model :

value = D1 / r - g

D1 = next dividend = $4.25

r = required return

g = growth rate = 3%

value = $59

$59 = $4.25 / r - 0.03

4.25 / 59 = r - 0.03

0.072034 = r - 0.03

r = 0.102034

r = 10.20%


Related Questions

How does QuickBooks Online use machine learning in its reconciliation tool to help find any hidden transactions

Answers

Answer: b. It can identify transactions where the transaction date is in a future period and the cleared date is in the statement period .

Explanation:

QuickBooks online uses machine learning based on the transactions that it conducts with its millions of users so that it provides a better experience for those same users.

One way machine learning is used is in reconciliation where it identifies transactions that may have a future date but by virtue of their clearing dates should be in the current period and so may have been hidden.

Bloom Company management predicts that it will incur fixed costs of $269,000 and earn pretax income of $337,900 in the next period. Its expected contribution margin ratio is 51%.
Required:
1. Compute the amount of total dollar sales.
2. Compute the amount of total variable costs

Answers

Answer:

1. $1,190,000

2. $583,100

Explanation:

1. Total dollar sales

First, we will get the value for contribution margin

Contribution margin - Fixed cost = Operating income

Contribution margin = Operating income + Fixed cost

Contribution margin = $337,900 + $269,000

Contribution margin = $606,900

The next step is to use contribution margin ratio to determine the sales

Contribution margin / Sales = Contribution margin ratio

606,900 / Sales = 0.51

Sales = 606,900 / 0.51

Sales = $1,190,000

2. Total variable cost

We will use the contribution margin to solve total variable cost

Sales - Variable cost = Contribution margin

$1,190,000 - Variable cost = $606,900

Variable cost = $1,190,000 - $606,900

Variable cost = $583,100

Which of the following is the basis for research surveys?

O trial and error
O problem-solving strategy
O scientific method

Please help me

Answers

Answer:

A

Explanation:

Answer:

Actually, the answer is scientific method.

Explanation:

I took the stem test on edgenuiity and got it right.

Strand, Inc. is currently engaged in negotiations with one of its major unions. The company is covered by the LMRA. If Strand issues a factually correct statement regarding its financial status along with the opinion of its auditors that meeting the union demands would require the company to close down, it is likely that Strand will be in compliance with the act. True False

Answers

Answer: True

Explanation:

The Labour Market Regulatory Authority is responsible for regulation of the labour market.

Based on the information given in the question, we can say that Strand will be in compliance with the act. Therefore, the answer is true.

ccording to the U.S. Bureau of Labor Statistics, there were chefs/head cooks employed in the United States in and food service managers. Those numbers were projected to decrease to and by . Which job was facing the larger percent decrease? By how much? Round your answer to two decimal places, if necessary.

Answers

Answer:

Food service managers are facing a larger percent decrease at 3.31%

Explanation:

The percentage decrease in chefs/head cooks is:

= (100,600 - 99,800) / 100,600

= 0.795%

= 0.8%

Percentage decrease for food service managers is:

= (320,600 - 310,000) / 320,600

= 3.31%

How does a proportional taxation system work?
A. It makes wealthier citizens pay a higher percentage of their
income in taxes.
B. It makes less wealthy citizens pay a higher percentage of their
income in taxes.
C. It requires all citizens to pay all of their income in taxes for
redistribution.
D. It makes all citizens pay the same percentage of their income in
taxes.

Answers

Answer:

D. It makes all citizens pay the same percentage of their income in

taxes.

Explanation:

A proportional tax system imposes the same tax rate for all individuals regardless of the level of income. For example, if the tax rate is set at 5%, all taxpayers will be taxed at that rate. A person earning $10,000 will pay $500 (5% of 10,000) while the one earning $100,000 ( 5% of 5000)will pay $5,000.

A proportion tax system is also known as the Flat rate system. It is easy to compute and implement. The propositional tax system may appear to be fair because it treats all taxpayers equally and encourages people to earn more. However, it places a heavy tax burden on low-income earners.

8.) Suppose investors can earn a return of 2% per 6 months on a Treasury note with 6 months remaining until maturity. What price would you expect a 6-month-maturity Treasury bill to sell for

Answers

Answer: $9,803.92

Explanation:

There is information missing here which is that: The face value of the T-bill is $10,000.

The value of the Treasury bill is the face value discounted to the current period.

If it is to earn 2% every 6 months, this would represent one single period and  the present value would be:

= 10,000 / ( 1 + 2%)

= $9,803.92

Supervisor: "I need you to work on your team retention."
OK, I will work on improving my team's attitude.
OK, I will work on keeping my employees longer.
OK, I will tell my team they need to work overtime.
OK, I will work on improving my team's performance.
OK, I will tell my team they cannot take a vacation right now.

Answers

Answer: OK, I will work on keeping my employees longer.

Explanation:

Retention in business refers to keeping things longer and it is usually used in terms of employees. When therefore concepts like Team and Employee retention are said, they are referring to keeping employees and team members in a company for longer.

Team retention reduces the cost of labor because it means that less money will be spent on getting new employees and having to train them afresh every time. More seasoned employees also know how the business works and so will make fewer mistakes.

Assume Clarks cannot estimate the standalone selling price of a pair of SunBoots sold without a coupon. Prepare a journal entry to record revenue for the sale of 1,000 pairs of SunBoots.

Answers

Answer and Explanation:

The journal entry is shown below:

Cash Dr (1,000 × $65) $65,000  

     To Sales revenue $59,000  

     To Deferred Revenue -Discount coupon  $6,000

(1,000 × $100 × 30% × 20%)

(Being the sales revenue is recorded)

here the cash is debited as it increased the assets and credited the sales revenue and deferred revenue as it increased the revenue and liabilities


Select the correct answer.
Diversity awareness is the ability to understand and respect other cultures. Which interpersonal skill might be affected by a lack of diversity
awareness?
ОА
teamwork
OB
time management
OC goal-setting
OD self-representation

Answers

A Teamwork is affected by lack of diversity

Answer:

Teamwork

Explanation:

want more points?.//

Answers

Yesh please and thankk you!

Answer:

tq for your points ... bye have a great day....

Help I will give brainliest at least a couple done

Answers

Answer:

#2 is concierge

#3 is event planner

#4 is cafeteria worker

#5 is garden ranger

#6 is exhibit developer

#7 is kitchen steward

#8 is destination manager

#9 is pastry chef

#10 is desk clerk

#11 is bell captain

#12 is slot supervisor

#13 is club membership developer

#14 is dishwasher

#15 is motion picture something?

#16 is van driver

#17 is amusement ride attendant

#18 is waiter

#19 is sports book writer

#20 is product demonstrator

#21 is festival promotional something?

#22 is animal trainer

#23 is ticket taker

#24 is tour operator

#25 is dietician

#26 is welcome center supervisor

#27 is baggage porter

#28 is cut off

#29 is restaurant owner

#30 is barista

Explanation:

HOPE THIS HELPS! :)

At the end of the prior year, Doubtful Inc. had a deferred tax asset of $14,500,000 attributable to its only timing difference, a temporary difference of $58,000,000 in a liability for estimated expenses. At that time, a valuation allowance of $4,720,000 was established. At the end of the current year, the temporary difference is $53,000,000, and Doubtful determines that the balance in the valuation account should now be $5,000,000. Taxable income is $15,800,000 and the tax rate is 25% for all years. Required: Prepare journal entries to record Doubtful's income tax expense for the current year.

Answers

Answer:

S/N     Account Titles and Explanation           Debit           Credit

  1        Income tax expense (balance)         $6,780,000

                      Deferred tax asset                                        $1,250,000

                      (53,000,000*25%)  - 14,500,000

                      Income taxes payable                                   $5,530,000

                     (15,800,000 *35%)                  

            (To record tax expenses)  

2          Income tax expense                          $280,000

                      Valuation allowance - deferred tax asset    $280,000

                       (4,720,000 - 5,000,000)

            (To record valuation allowance)

Experience with capitation suggests that few providers have the administrative skills demanded by it. few providers have the data systems demanded by it. its financial risks for providers can be substantial. all of the above.

Answers

Answer: its financial risks for providers can be substantial.

Explanation:

Capitation is a type of payment plan that is used in the healthcare industry. It works by paying the healthcare provider a certain amount of money for a person in a specific period of time even if the person does not take advantage of this by coming to the provider.

This can pose substantial financial risk to the provider because a situation might arise where the person who was paid for comes in so many times for care that the provider spends more taking care of the person than if the person had paid for every visit.

8. A company manufactures two products X and Y. Each product has to be processed in three departments: welding, assembly and painting. Each unit of X spends 2 hours in the welding department, 3 hours in assembly and 1 hour in painting. The corresponding times for a unit of Y are 3, 2 and 1 respectively. The man-hours available in a month are 1500 for the welding department, 1500 in assembly and 550 in painting. The contribution to profits are $100 for product X and $120 for product Y.
A. Formulate the appropriate linear programming problem
B. Solve it graphically to obtain the optimal solution for the maximum contribution

Answers

I’m not sure. sorry i can’t answr

100x+120y = z, z= $ 63000 is the appropriate linear programming problem.

What is Linear Programming?

A mathematical formalism whose requirements are expressed by linear connections can be optimized using a technique known as linear programming. A particular type of mathematical programming is linear programming.

By applying different constraints, a linear function is maximized or reduced in linear programming, a mathematical modeling technique. In commercial planning, industrial engineering, and—to a lesser extent—the social and physical sciences, this method has proven helpful for directing quantitative decisions.

We obtain the equations of lines as 4x + y = 40 but also 2x + 3y = 90 by summing the constraints. Z has a minimum value of 127, hence, B (3, 28) provides the best option.

It is composed of linear functions that are subject to equations or inequalities. Combinatorial optimization makes heavy use of the linear programming technique, which consists of a linear inequality as well as a linear function. It is referred to as linear programming for these reasons.

Learn more about Linear Programming here:

https://brainly.com/question/29405467

#SPJ2

Season tickets for the Dingos are priced at $340 and include 17 home games. An equal amount of revenue is recognized after each game is played. When the season began, the amount credited to Unearned Ticket Revenue was $1,819,000. By the end of October, $1,284,000 of the Unearned Ticket Revenue had been recognized as revenue.

Required:
a. How many season tickets did the Dingos sell?
b. How many home games had the Dingos played by the end of October?
c. Prepare the entry to recognize the revenue after the first home game had been played.

Answers

Answer:

Season tickets sold = $1,819,000 / $340

Season tickets sold = 5,350 tickets

Games played by the end of October = [$1,284,000 / ($1,819,000 / 17 games)]

Games played by the end of October = $1,284,000 / 107,000

Games played by the end of October = 12 games

Journal Entry to record initial sale of ticket

Accounts title                            Debit             Credit

Cash                                      $1,819,000

Unearned Ticket revenue                          $1,819,000

Journal Entry to record first home game revenue

Accounts title                            Debit         Credit

Unearned Ticket revenue    $107,000  

Ticket revenue (earned)                          $107,000

There is a 10 percent chance that you will have healthcare bills of $200,000; a 20 percent chance that you will have bills of $10,000; a 59 percent chance that you will have bills of $1,000; and an 11 percent chance of having bills of $0. Your expected healthcare bills are Group of answer choices $22,590. $22,000. $20,590. $19,590.

Answers

Answer:

Expected value of healthcare bills = $22590

Explanation:

The expected value of the healthcare bills can be calculated by multiplying the probability of the a healthcare bill by the amount in case of that probability situation.

Expected value = pA * Amount in case of A  +  pB * Amount in case of B + ... + pN * Amount in case of N

Where,

p represents the probability of each scenario

Expected value of healthcare bills = 0.1 * 200000 + 0.2 * 10000 + 0.59 * 1000 + 0.11 * 0

Expected value of healthcare bills = $22590

Which of the following traits is most likely to be associated with the “A” in RIASEC?
A.
Problem solving
B.
Creative
C.
Good communicator
D.
Concerned with helping others

Answers

The correct answer is creative.

Thank me by clicking on the ❤️. Thanks!

Answer:

B, Creative

Explanation:

The scenarios each illustrate a principle of economics. Classify each scenario according to the principle that best fits it.

a. On Black Friday, there are huge sales for electronics at many retail stores. David must decide between buying a camera at one store or a flat screen TV at another store, and buying one means losing out on the ability to purchase the other.
b. An educational software company wants to expand the number of economics questions that it offers and is considering hiring another economist. The company compares how much adding another worker will improve the product to the additional cost.
c. Ava finds that there is not enough time after work to have dinner, exercise, and watch TV, and she must make choices about how to use her limited time.

1. Marginal Decisions
2. Resource Scarcity
3. Opportunity Cost

Answers

Answer:

3. Opportunity Cost

1. Marginal Decisions

2. Resource Scarcity

Explanation:

Opportunity cost or implicit is the cost of the next best option forgone when one alternative is chosen over other alternatives.

If David buys the camera he would forgo the opportunity to buy a tv and if he buys a tv, he forgoes the opportunity to buy a camera.

Marginal decisions look at the benefit of increasing or decreasing an input by little units. Here, the educational company is considering the marginal benefit of increasing the numbers of economist by one unit.

Ava has limited time to do all she would like to do. Time here is a scarce resource. Her wants her limited but the resources are scarce.

After Lynda's initial client assessment, she has noted that her client will require inventory management to avoid out-of-stock situations for their merchandise.

What business industry type does this best describe?
1) Professional services
2) Appointment-based services
3) Contractor/Field Services
4) Retail and e-commerce

Answers

Answer:

4) Retail and e-commerce

Explanation:

The retail industry comprises businesses that sell to the final consumers of goods and services. Examples of firms in the retail industry retail stores, supermarkets, banks, gas stations are all other businesses that sell to end consumers. The retail business requires inventory to sell to customers. Out-of-stock is a situation where a retail outlet has run out of a particular product or products to sell to customers. It results in customers being turned away and lost revenues.

eCommerce is business done via the internet. The retail industry has incorporated eCommerce in its operations.

Which of the following is an advantage of a small business?
Greater adaptability to changing market demands
High success rates
Diverse and large workforce
OLow levels of stress in managing the business
Highly trained and competent staff

Answers

Greater adaptability to changing market demands
Greater adaptability to changing market demands .

The following Is a list of well-known companies.
1. Alcoa Inc.
2. Boeing
3. Caterpillar
4. Citigroup Inc.
5. CVS
6. Dow Chemkal Company
7. eBay Inc.
8. FedEx
9. Ford Motor Company
10. Gap Inc.
11. Block
12. Hilton Hospitality, Inc
13. Procter & Gamble
14. SunTrust
15. Walmart Stores, Inc.

Required:
Indicate whether each of the above companies are primarily a service, merchandise, or manufacturing business.

Answers

Answer:

  The companies                              Indication

1. Alcoa Inc.                                     Manufacturing business

2. Boeing                                         Manufacturing business

3. Caterpillar                                    Manufacturing business

4. Citigroup Inc.                               Service business

5. CVS                                              Merchandising business

6. Dow Chemkal Company             Manufacturing business

7. eBay Inc.                                      Service business

8. FedEx                                           Service business

9. Ford Motor Company                  Manufacturing business

10. Gap Inc.                                       Merchandising business

11. H&R Block                                    Service business

12. Hilton Hospitality, Inc                 Service business

13. Procter & Gamble                       Manufacturing business

14. SunTrust                                      Service business

15. Walmart Stores, Inc.                   Merchandising business

Kara Fashions uses straight-line depreciation for financial statement reporting and MACRS for income tax reporting. Three years after its purchase, one of Kara’s buildings has a book value of $400,000 and a tax basis of $300,000. There were no other temporary differences and no permanent differences. Taxable income was $4 million and Kara’s tax rate is 25%. What is the deferred tax liability to be reported in the balance sheet? Assuming that the deferred tax liability balance was $20,000 the previous year, prepare the appropriate journal entry to record income taxes this year.

Answers

Answer:

A. Credit $5,000

B. Dr Income tax expense $1,005,000

Cr Income tax pay$1,000,000

Cr Deferred tax liability $5,000

Explanation:

Calculation for What is the deferred tax liability to be reported in the balance sheet

Deferred tax liability=[ (400,000-300,000)*.25]-20,000

Deferred tax liability=($100,000*.25)-$20,000

Deferred tax liability=$25,000-$20,000

Deferred tax liability=$5,000 Credit

Therefore the deferred tax liability to be reported in the balance sheet will be $5,000 Credit

B. Preparation of the appropriate journal entry to record income taxes this year.

Dr Income tax expense $1,005,000

Cr Income tax pay$1,000,000

(4million *.25)

Cr Deferred tax liability $5,000

Mary O. Andrettey wants to purchase an expensive sports car. She needs to borrow money to purchase the car, and has loan proposals from three different sources. The cash flows for each proposal are:

Answers

Answer: Proposal C

Explanation:

The way to solve this is to calculate the Present Values of all these payments. The smallest present value is the best.

Proposal A.

Periodic payment of $2,000 makes this an annuity.

Present value of Annuity = Annuity * ( 1 - ( 1 + r ) ^ -n)/r

= 2,000 * (1 - (1 + 0.5%)⁻⁶⁰) / 0.5%

= $103,451.12

Proposal B

Present value = Down payment + present value of annuity

= 10,000 + [2,200 * ( 1 - ( 1 + 0.5%)⁻⁴⁸) / 0.5%]

= 10,000 + 93,676.70

= $103,676.70

Proposal C

Present value = Present value of annuity + Present value of future payment

= [500 * (1 - (1 + 0.5%)⁻³⁶) / 0.5%] + [116,000 / (1 + 0.5%)⁶⁰]

= 16,435.51 + 85,999.17

= $‭102,434.68‬

Proposal C has the lowest present value and so is best.

When you compare prices for high definition televisions at various stores, you are using money as a(n)medium of exchange.standard of value.store of value.payment method.unit of currency.

Answers

Answer:

standard of value

Explanation:

The standard of the value permits all types of merchants and the economic entities to set the fix price for the goods and services in order to stable the economy

So as per the given situation since it is mentioned that in the case when you do the comparision for HD television so you are using the money via standard of value

So the same is relevant

The velocity of money increases if:

Select one:
a.
Each unit of money is used more frequently.
b.
Money is constant
c.
Each unit of money is used less frequently.
d.
None of the above

= Each unit of money is used more frequently.​

Answers

Answer:

= negative relationship = negative relationship between inflation and unemployment.= negative relationship between inflation and unemployment. inflation and unemployment.

Explanation:

= negative relationship between inflation and unemployment.= negative relationship between inflation and unemployment.= negative relationship between inflation and unemployment.= negative relationship between inflation and unemployment.= negative relationship between inflation and unemployment.= negative relationship between inflation and unemployment.= negative relationship between inflation and unemployment.

The Saturn Company records all collections from customers (including 5% sales tax) in the Sales Revenue Account. The account balance for 2025 is $100,000. Saturn's 12/31/25 Sales Tax Payable will be:

Answers

Answer:

$5,000

Explanation:

Calculation for what the Sales Tax Payable will be:

Sales Tax Payable=5% sales tax*Account balance $100,000

Sales Tax Payable=$5,000

Therefore the Sales Tax Payable will be: $5,000

Why do overhead costs often shift from high-volume products to low-volume products when a company switches from a conventional costing method to activity-based costing

Answers

Answer:

When a company is using conventional costing methods, the costs are allocated based on volume so those products with a high volume will get a higher share of the costs.

When Activity-based costing is used however, costs are assigned more accurately which will lead to the actual products that are causing the costs incurring them instead of those high-volume products so it will appear as though overhead costs have shifted from high-volume products to low-volume products.

How do you answer someones question i don't seem t obe able to do that

Answers

Answer:

You have to go to the question that wou want to answer and click the option that says "add answer" under the question. If that option isnt available it means that two people have already answered it. Therfore you are unable to add your response.

Hope this helped!! x

_______best tip of the waiter a.attitude b.gratitide c.money d.foods​

Answers

Answer:

Gratititude, because attitude is nice but not the best, money doesn't buy happiness, and the waiter serves YOU food.

Answer:

C: money. It would be money because the waiter or waitress doesn't care if your nice they just need to make a living.

Explanation:

             May I have brainliest please I'm trying to level up!

                             </3 PureBeauty

Other Questions
help it's either dark blue or yellow What tab group would you use tochange the format of cell A2 to matchcell A3?O CellsO StylesO FontO AlignmentO Number if 100 bullets cost $80? how much would 1 bullet cost? Read the paragraph.John C. Calhoun of South Carolina had a long-term impact on US history. He served as vice president under two different presidents: John Quincy Adams and Andrew Jackson. Much later in his career he served as secretary of state under President John Tyler. Calhoun is best known, however, for advocating the doctrine of nullification, which put states rights over national power. Congress had passed a high tariff, or tax, on imported goods. Calhoun believed the tariff hurt the South, which had few factories and imported many items. He maintained that a state could nullify, or ignore, national laws. In time, this helped bring about the Civil War.Which key detail supports the central idea of nullification?A tariff is a tax on imported goods.John C. Calhoun was secretary of state.Congress passed a high tariff on imported goods.John C. Calhoun thought the tariff hurt the South. Who saw our lady of the golden heart? Using the phase diagram for CO2, what phase is carbon dioxide in at 20Cand 25 atm pressure?A. It is at its melting point.B. It is at its boiling point.C. It is in the gas phase.D. It is in the liquid phase. The engineer designed the valve such that it would produce a mean pressure of 5.0 pounds/square inch. It is believed that the valve performs above the specifications. The valve was tested on 6 engines and the mean pressure was 5.4 pounds/square inch with a standard deviation of 0.7. A level of significance of 0.025 will be used. Assume the population distribution is approximately normal. Make the decision to reject or fail to reject the null hypothesis. A young engineer decides to save $240 per year toward retirement in 40 years. If he invests this sum at the end of every year at 9%, then how much will be accumulated by retirement time Trevor tutors French for $15 and hour and scoops ice cream for $10 an hour. He is going to work 15 hours this week. At least how many hours does he need to tutor to make more than $180? Let x equal the number of hours he tutors and y be the number of hours he scoops ice cream.x + y 180x + y = 1515 x + 10 y 1515 x + 10 y = 180 Which statement describes surface wave Draw a line representing the "rise" and a line representing the "run" of the line. State the slope of the line in simplest form. the slope that passes through the points (0 3) and (5 13) is cual es el simbolo quimico que tiene 55 protones ? Please help with this !! ASAP The ratio of the angles in a triangle is 8 : 12 : 16. What is the measure of the largest angle? Which quantity is proportional to 453?Check all that are true.90103011356906151 Find the slope of the given line, if it is defined.The line through the origin and (-9,12)Select the correct choice below and, if necessary, fill in the answer box to complete your choice.O A. The slope equals(Simplify your answer.)B. The slope is undefined. 75 miles in 3 hours ; 140 miles in 4 hours Hedex, Co. has the following information in its sales budget: Budgeted unit sales: April 50,000 May 52,000 June 53,500 July 55,000 The budgeted sales price is $60 per unit. Assume that all sales are on credit and are expected to be collected 10% in the month of sale and 90% in the month following sale. Calculate the total amount of budgeted cash collections from customers in June. a+b+c=4aa+bb+cc=10aaa+bbb+ccc=22aaaa+bbbb+cccc=???