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Alexus
5 days ago
13

Bretton, Inc., just paid a dividend of $3.15 on its stock. The growth rate in dividends is expected to be a constant 5 percent p

er year, indefinitely. Investors require a return of 13 percent on the stock for the first three years, a rate of return of 11 percent for the next three years, and then a return of 9 percent thereafter. What is the current share price for the stock?
Business
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A firm with $900,000 in sales, cash on hand of $1,150,000, liabilities of $400,000 and total assets of $2 million has a total as
Mariulka [3825]

Answer:

0.45

Explanation:

Total asset turnover indicates the ratio of total assets to total revenue. It evaluates how effectively a company is employing its assets to generate sales.

The calculation is performed as follows: Net Sales / Average Total Assets.

Average total assets are determined by: (Asset at Start + Asset at End) / 2.

Using the given data:

Total revenue = $900,000 and total assets = $2,000,000.

$900,000/$2,000,000 = 0.45.

Note: Since the beginning and ending assets are not specified, we assume $2,000,000 represents the average assets.

4 0
3 months ago
Lisa surveyed a sample group of people. Based on her survey, Lisa suggested to her company that they develop a customizable trav
stepan [3596]

Answer:

I believe the correct answer is e) ad analysis

Explanation:

She conducted a survey among a group of individuals. Following this, she recommended to her company the development of a customizable travel app.

8 0
2 months ago
Why do you think a reliable scholarly source is always stressed in academic writing?<br><br>​
harina [3808]
The importance of a reliable scholarly source in academic writing is emphasized, as it provides trustworthy information regarding the subject matter presented. It is crucial for writers to utilize credible sources, as the audience anticipates that their claims will be substantiated by factual evidence. Moreover, incorporating reliable scholarly sources enhances communication and fosters trust. Ultimately, it is essential for researchers or individuals to exclusively rely on credible sources in their writing.
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1 month ago
JTM Ltd incurs costs of $16 per unit ($12 variable, $4 fixed) for a widget it sells for $22. JTM has received two special offers
marusya05 [3725]

Answer:

We need to evaluate the possible gains from selecting one order over the other:

Current costs for JTM:

  • $12 variable per unit
  • $4 fixed per unit

If JTM proceeds with Firm A's order, its fixed costs will remain unchanged and it stands to gain an additional profit of: ($17 - $12) x 10,000 = $50,000.

However, if JTM opts for Firm B's order with its existing cost framework, it lacks the capacity to fulfill it unless variable or fixed costs rise—though we can’t ascertain by how much. Therefore, the contribution margin would likely be less than the $5 obtainable from Firm A's order.

Alternatively, JTM could accept Firm B's order while foregoing the sale of 2,000 units through standard sales channels. This choice would enhance profits but would also incur a loss of regular profits:

($5 x 14,000 units) - ($6 x 2,000 units for forgone regular profits) = $70,000 - $12,000 = $58,000. If JTM manages to cancel the sale of those 2,000 units, Firm B's proposition would increase profits by $58,000, surpassing Firm A's by $8,000, but this hinges on the feasibility of canceling the routine sales.

3 0
3 months ago
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