Answer:
P14 = $55.69545045394 rounded to $55.70
Explanation:
The dividend discount model (DDM) based on constant growth can help determine the current stock price. It assesses a stock’s price using the present value of the anticipated future dividends. The formula for determining today's price with a constant growth DDM is,
P0 = D1 / (r - g)
Where,
- D1 represents the expected dividend for Year 1 or the following year
- g denotes the constant growth rate for dividends
- r signifies the discount rate or the required rate of return
To find the stock price today, we will utilize the dividend expected in Year 1. Consequently, to compute the stock price 14 years into the future, we calculate D15. D15 can be figured out as follows,
D15 = D1 * (1+g)^14
D15 = 0.50 * (1+0.09)^14
D15 = $1.67086351362 rounded to $1.67
Now applying the DDM formula for the price,
P14 = 1.67086351362 / (0.12 - 0.09)
P14 = $55.69545045394 rounded to $55.70
The Citizen Band (CB) radio originated in 1940 when the Federal Communications Commission (FCC) began regulating it for local personal and business use. To listen or call for police help, one should switch to channel 9.
Answer:
Markup(%) = 216.67%
Explanation:
Markup indicates the profit earned expressed as a percentage of the cost.
Markup = Profit / cost × 100
The cost consists of direct material costs, direct labor costs, and fixed costs.
Cost per unit = 5 + (100,000/10,000)
= 15 per unit.
The total cost for a pair is = 2 × 15 = 30.
<pthe profit="" for="" each="" pair="95">$65
Markup(%) = $65 / 30 × 100 = 216.67%
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Answer:
Retained profits.
Explanation:
This typically happens when a business funds its operations through earnings generated from the sale of goods or services.
The income that Carol's Clothiers earns from the sales it conducts, referred to as retained earnings, acts as the main source of capital for expanding their operations.
Furthermore, as an LLP (limited liability partnership), where certain or all partners may have restricted responsibilities, they can utilize their retained earnings to provide dividends to shareholders or to repurchase shares.
Answer:
I concur with the statement made. Recent studies indicate that beef production is significantly taxing on freshwater resources (approximately 200 liters of water are required per kg of beef).
Explanation: Observing the current global climate change and the numerous species, aside from humans, facing extinction due to these environmental shifts strengthens my agreement with this perspective. Nevertheless, I find it challenging to alter my eating habits and find it hard to reduce meat consumption. I believe a key element for behavioral change is to establish varying stages, and many individuals like myself could benefit from a gradual approach to align consumption habits with a more conscious lifestyle.
