Metallica Bearings, Incorporated, is a young start-up company. No dividends will be paid on the stock over the next nine years because the firm needs to plow back its earnings to fuel growth. The company will pay a dividend of $14 per share 10 years from today and will increase the dividend by 3.9 percent per year thereafter. If the required return on this stock is 11.5 percent, what is the current share price

Answers

Answer 1

Answer:

$69.08

Explanation:

Calculation to determine the current share price?

First step is to determine the price of the stock in year 9

P9=$14/(.115− .039)

P9=$14/0.076

P9=$184

Now let determine the Current price

P0=184.00/(1+.115)^9

P0=184.00/1.115^9

P0=184.00/2.6636

P0=$69.08

Therefore the current price is $69.08


Related Questions

Spending more money on advertising will make the firms' demand increase – shifting to the right (parallel). Therefore, the firms' demand become more elastic at every price level. Providing examples to support your answer.

Answers

Answer:

Example of such product : Ferrari sports car.   due to various alternatives of sports cars available in the market, when the price level of a Ferrari car increases the demand of the product might become more elastic

Explanation:

When more money is spent on advertising by any firm the demand for the firm's product will most likely increase and this is simply because more potential clients will be reached through advertising.

But when the demand of the goods become more elastic with increase in price level, it is simply because the product has suitable alternatives/competitions in the open market.

Example of such product : Ferrari sports car.   due to various alternatives of sports cars available in the market, when the price level of a Ferrari car increases the demand of the product might become more elastic

describe your management experience , including a time you effectively resolved a difficult situation from a management capacity

Answers

Answer:

I managed workers of seven in the associate degree info Services department whose responsibilities enclosed delivering specifications and software package to internal purchasers. My role was that of PM or Project Manager, and my responsibilities enclosed one. guaranteeing every staffer was alert to their specific duties, 2. maintained the relevant timelines and ensured every team-member's deliverables arrived on time, 3. arranged, coordinated, and crystal rectifier conferences to debate current and approaching come, and 4. maintained knowledgeable and cozy social atmosphere for my workers.

One of the tougher problems I Janus-faced was after we employed a very bright developer whose my leader had W2'd in from the Asian nation. though he was very precocious in development of the cultural variations between his land and our mostly-female dev team quickly became telling. Sensing the growing hostility in my work cluster, and distinctive the problem, I quietly organized for the W2 worker to attend a cultural sensitivity coaching seminar (couching it as a necessary attend for all employees), and taking aside the pained parties and asking in a well-mannered way to figure with Maine on desegregation him. In the end, he came to a lot of embarrassed, apologized, and our team ran like mechanism thenceforth

The practitioner completes an incision and drainage of a patient's infected right heel, which tested positive for MRSA. What statement is true regarding how the perioperative team should perform postoperative cleaning after this patient leaves the OR?

Answers

Answer:

after the patient leave

When increasing production from 12,000 computers to 15,000 ​computers, the​ company's average cost of production will A. increase from ​$10.10 to ​$10.40 due to the​ learning-curve effect. B. increase from ​$16.80 to ​$18.90 due to the​ learning-curve effect. C. decrease from ​$10.40 to ​$10.10 due to diseconomies of scale. D. decrease from ​$10.40 to ​$10.10 due to the​ learning-curve effect. E. increase from ​$16.80 to ​$18.90 due to economies of scale.

Answers

Answer:

When increasing production from 12,000 computers to 15,000 computers, the company's average cost of production will

D. decrease from $10.40 to $10.10 due to the learning-curve effect.

Explanation:

The learning-curve effect describes the learning-curve theory.  This theory states that there is an improved performance of workers who are producing computers over time.  The whole idea behind this theory is that the more workers produce computers, the better they will get at its production.  In turn, this improved production performance will, in the long run, translate to both lower cost and higher output for the organization.

What does it mean to be in business? And what are the benefits of having your own business?
(Take your time please and thank you)​

Answers

Benefits of having your own business is being independent ,you can be your own boss
•you get all the profits
• schedule your own time so it’s easy to plan your life
•promotions
• you control everything

Management at the Relaxing Pines resort chain places great emphasis on customer satisfaction and loyalty. They emphasize quiet, luxurious rooms and personalized service. In fact, bonuses are based primarily on customer evaluations. What perspective does this reflect

Answers

Customer Focus. They convey their soul focus is on the customers enjoyment

The clerical and editorial employees in a publishing house need to be at their desks by 8:00 AM and follow a set of precise procedures dictated by management. The jobs of these clerical and editorial employees ________.

Answers

Answer: Formalization

Explanation:

Formalization could be defined as the length of an organization's policies, description and rules all spelt out for everyone to see. What makes up formalized structures or what we can know them for are their rules and regulations.

The jobs of these clerical and editorial employees are related to Formalization, they either form this rules out with the management or play the role of spelling it out(written) for all to see.

formula for calculating weekly salary from yearly salary?

Answers

First, divide the employee’s annual salary by 52 weeks (the number of weeks in a year).

Example : $31,200 ÷ 52 = $600 per week

''if there are diminishing returns, the marginal cost curve must be positively sloped '' is true or fall, why?

Answers

Answer to the following question is TRUE.

The given statement "If average cost rises, marginal cost should rise" is correct.

This is because, according to theory, as the estimated price of an item rises, the marginal cost rises more than that rise. And, as the illustration of these two curves shows, when Average Cost grows, so does Marginal Cost.

Learn more:

https://brainly.com/question/7781429?referrer=searchResults

Providing incentives for customers to learn more about your service is known as
A. branding
(B. advertising Not the answer)
C. permission marketing.
D. search engine optimization.

Answers

For your answer it’s letter c Because Providing incentives for customers to learn more about your services is known as Permission marketing

In 1910, the price of a Model T Ford was $950. By 1917, the average price for the same car was $360. In 1910, fewer than 19,000 Model T's were sold. In 1917, over 730,000 were sold. What conclusion can you draw from this information?: (A)The cost of living must have gone down between 1910 and 1917. (B)Henry Ford was making less money in 1917 than he was in 1910 (C)It cost the Ford Motor Company less to produce a Model T in 1917 than it did in 1910. (D)There is no relationship between the price of the Model T's and the number sold.

Answers

The conclusion that can be reached is that (C)It cost the Ford Motor Company less to produce a Model T in 1917 than it did in 1910.

The price of a good or service is usually directly proportional to its cost. This means that if something was costly to produce or to provide, the price that the company providing will charge will be high as well.

The reason for this is that the company needs to make a profit so they charge a higher price than the cost in order to make back the cost and some profit. This is called cost plus pricing.

In 1910, the Model T Ford cost $950 but in 1917 the same car cost $360. This means that the cost must have been less in 1917 than it was in 1910 which was why the Ford company was able to charge less for it.

The correct answer is therefore C.

For more information on cost plus pricing check https://brainly.com/question/23632044.

Answer:

option c is the correct answer

i think this helps u

Social media objectives should: Choose only ONE best answer. A Be independent of competing marketing and organizational goals. B Adhere to the S.M.A.R.T. framework (Specific, Measurable, Achievable, Resourced, Time-bound). C Adhere to the CCAF framework: context, challenge, activity, feedback. D Flow from, and directly support, social media tactics. E Be finalized early, so marketing goals can be designed around them

Answers

Answer:

B is the best answer for this question.

Explanation:

It uses the smart goal which helps you make an achievable and realistic goal

The strategy that schedules processes based on their group affiliation is generally referred to as _________ . Select one: a. simulation modeling b. queuing analysis c. shortest process next d. fair share scheduling

Answers

Answer:

D. Fair share scheduling.

What is the first step in the standard purchasing process practiced by most
companies?
A. Solicit bids
B. Requisition
C. Invoicing
D. Purchase order

Answers

Answer:

B. requisition

Explanation:

i have done this before, hope i helped

I think b
Hope its help for your questions

One of the strengths of Six Sigma program's has been its a.laser-like focus on worker satisfaction. b.clarity of process and the steps companies must take to adopt it. c.contribution to research in production quality. d.increase in customer loyalty.

Answers

HahahjshhHwjjshdhdhaha

Lets say you were a teacher. If parent approaches you to encourage you to give information about another child, what should you do.

Answers

first of all I will ask the parents what's the matter, if they explain me then also I will not going to give the child's information, I will contact to the principal about this matter and school management will look out at this matter.

I surely won't give.Privacy of children is my first priority .If some one acquires that Then it will hamper that students privacy .So I won't give.

Concord Company sells merchandise on account for $3300 to Pharoah Company with credit terms of 1/10, n/30. Pharoah Company returns $800 of merchandise that was damaged, along with a check to settle the account within the discount period. What entry does Concord Company make upon receipt of the check

Answers

Answer:

Dr Cash $825

Cr Sales Returns and Allowances $800

Cr Sales Discounts $25

Explanation:

Preparation of the journal entry that Concord Company make upon receipt of the check

Dr Cash $825

($800+$25)

Cr Sales Returns and Allowances $800

Cr Sales Discounts $25

(To record receipt of the check)

Sales discount=(Sales Price -Sales return) × 1%

Sales discount=($3300 - $800) × 1% = $25

12. Market efficiency and perfect price discrimination Perfect price discrimination is efficient because it converts what would have been deadweight loss into consumer and producer surplus inefficient because it converts a portion of consumer surplus into producer surplus inefficient because it results in no consumer surplus efficient because it converts into producer surplus what had been consumer surplus and deadweight loss

Answers

Market efficiency and perfect price discrimination is efficient because it efficient because it converts into producer surplus what had been consumer surplus and deadweight loss.

Perfect price discrimination allows a firm to be more efficient by making it sell at more output level. The firm would have more efficiency level at its factors of production.

Market efficiency is achieved with perfect price discrimination because what would have been dead-weight loss is converted into consumer and producer surplus through perfect price discrimination.

For the market, efficiency is achieved because the dead-weight loss is converted into producer and consumer surpluses, with enormous benefits to the society.

Thus, perfect price discrimination achieves allocation efficiency for both the producer and the consumer (or the society as a whole).

Learn more about market efficiency and price discrimination here: https://brainly.com/question/10234084

a woman sells her home for $450 000. she had purchased it for $300 000 and has lived there for 3 years. how much will she owe to IRS due to the gain on the sale?

Answers

Answer: $0

Explanation:

As a single homeowner, you are allowed to sell your house and get a $250,000 exemption on capital gains tax so long as you had stayed in the house for 2 years or more out of the last 5 years.

The woman in question has stayed in her home for 3 years when she sold it so she qualifies for the exemption.

Her capital gain is:

= Selling price - cost price

= 450,000 - 300,000

= $150,000

This is less than the exemption of $250,000 so the woman will be totally exempted from capital gains tax.

No amount will be gained by the woman

The amount that every house owner is exempted to gain is $250,000

The woman sold her house for $450,000

She purchased the house for $300,000

The gain can be calculated as follows;

$450,000-$300,000

= $150,000

This amount is less than $250,000 hence there is no gain

Please see the link below for more information

https://brainly.com/question/19261107?referrer=searchResults

Suppose the demand for cherries sold from roadside stands in Michigan is perfectly elastic. The owner of one roadside stand raises the price of cherries by 10%, as a result 1 point A. Zero cherries are sold at this stand. B. No change in the quantity demanded at this stand. C. A 10% decrease in the quantity demanded at this stand. D. A 10% increase in the quantity demanded at this stand. E. All available cherries will be sold.

Answers

Answer:

A

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price  

Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases

it is in perfectly competitive markets that demand is perfectly elastic

Consider Luis's decision to go to college. If he goes to college, he will spend $21,000 on tuition, $11,000 on room and board, and $1,800 on books. If he does not go to college, he will earn $16,000 working in a store and spend $7,200 on room and board. Luis's cost of going to college is

Answers

Answer:

$42,600

Explanation:

The computation of the cost of going to college is given below:

the total cost when he goes to college he spends

21,000 on tuition

11,000 on room and board

1,800 on books

So, the total should be $33,800

Now in the case when he does not go to college

So,  

he will earn 16,000 working in a store

and spend 7,200 on room and board

So, the saving amount should be

=  16,000 - 7,200

= $8,800

Now the cost should be  

= 33,800+8,800

= $42,600

An unlevered firm has a cost of capital of 12.46 percent and a tax rate of 35 percent. The firm is considering a new capital structure with 35 percent debt. The interest rate on the debt would be 6.68 percent. What would be the firm's levered cost of

Answers

Answer:

Firm's levered cost of capital = 14.48% (Approx.)

Explanation:

Given:

Cost of capital = 12.46 percent = 0.1246

Tax rate = 35 percent = 35%

New capital structure = 35 percent debt = 35%

Interest rate = 6.68 percent = 0.0668

Find:

Firm's levered cost of capital

Computation:

Firm's levered cost of capital = 0.1246 + [35% / (1 - 35%)](1 - 35%)(0.1246 - 0.0668)

Firm's levered cost of capital = 0.1448

Firm's levered cost of capital = 14.48% (Approx.)

Which school faculty member should you talk to about enrolling in an AP
course?

Answers

Answer: The guidance counselor

Explanation:

Social worker is someone who helps people cope with the challenges tahtnthwy face in their lives. Social workers work with people who have addiction issues, people with disabilities, children etc.

A paraprofessional refers to someone who's specially trained to support students in school. Such oeeosn can be a teaching assistant, special education paraprofessional etc.

A registrar is the keeper of records in an educational institution whinis charged with the responsibility of registering students, and keeping their academic records.

The guidance counselor is a professional who provides career, academic, and social-emotional competencies to the students in a schoool through counseling. Such person is the faculty member smtaht you should talk to about enrolling in an AP.

course?

MC Qu. 05 Within the marketing concept, a service... Within the marketing concept, a service orientation is an integrated organizational effort that revolves around Multiple Choice finding out what consumers want and providing it for them. making goods and services that will earn the most profit. training employees to sell services in unique ways. making sure customers are satisfied.

Answers

Answer:

making sure customers are satisfied.

Explanation:

A service can be defined as a collection of intangible goods that are being offered by a service provider to the end user in order to meet their needs or requirements. Thus, it is any intangible offering that involves a deed, performance, or effort that cannot be physically possessed by the service takers.

Marketing can be defined as the process of developing promotional techniques and sales strategies by a business firm, so as to enhance the availability of goods and services to meet the unending requirements, needs or wants of the end users or consumers through advertising and market research. Thus, it comprises all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers.

On a related note, it typically involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.

Within the marketing concept, a service orientation is an integrated organizational effort that revolves around making sure customers are satisfied.

what is business ? please tell us​

Answers

Answer:

Noun, a person's regular occupation, profession, or trade.

Explanation:

Suppose that Paolo divorces Sharon and leaves the family without paying alimony or child support. Sharon must now support her two children alone,
so she begins working full time and earns a total of $16,000. Are Sharon and her children living in poverty?

O Yes

O no

Answers

Answer:

yes, based on chart and the number of children. her income level is well bow poverty. if you multiple the number in household under 65 related the income level should be well above 16000

रचनात्मक र नविन्तम अबधारण लेख्नुहोस। नयाँ ब्यब्साय विभिन्न विधि हरु ब्य्ख्य गर्नुहोस​

Answers

Answer:

लेख्नुहोस। नयाँ ब्यब्साय विभिन्न विधि हरु ब्य्ख्य गर्नुहोस​

Explanation:

causes of corruption?​

Answers

Answer:

Personal greed, Decline of personal ethical sensitivity, the size and structure of governments, economic freedom/openness of economy, Cultural environments that condone corruption, Lack of transparency, Slow judicial processes, etc.

Explanation:

Answer:

MAIN CAUSE OF CORRUPTION ATE

1)GREATER NUMBER OF POPULATION.

2) WEAKNESS OF THE SOCIETY

3) THERE BE LESS AWARNESS.

4)SELF DESTRUCTIVE MINDED PERSON.

5) MAKING MUCH RICH AND LIVING COMFORTABLE

Jade puts a picture of a collection of rare sports memorabilia up for bids on BuyBay, an Internet auction site. Khalil makes the highest bid and sends the payment, which Jade receives. Jade deposits the money but does not send the collection because she doesn't own it. This is Group of answer choices

Answers

Answer:

cyber fraud.

Explanation:

Cyber fraud can be regarded as one the numeeous type of cybercrime fraud, it could be a deception or tricks in the use the Internet just to defraud people, stealing of victims information and other valuables. These could able hiding of information by the fraudster or giving fake information so he/she can rob victims online of their valuables.

Toby has been working on collecting tidbits over the past year from a financial firm's trash in an effort to eventually break into their system. Even though the financial firm has strict restrictions on access to their trash, Toby has been able to bypass these restrictions. How has Toby most likely done this

Answers

Answer:

By acting or posing as a waste management collector looking to fix the dumpster or collect the debris

Explanation:

The computer as an electronic machine has served as a tool or an object of the crime, subject of the crime and an instrument of the crime

Cyber crime

This is simply known as a criminal act. It is the process by which there is the stealing or destruction of information, resources, or funds utilizing computers, computer networks and the Internet.

Computer fraud

This is simply a type of fraud committed with the use of contemporary technology and it is regarded as a law crime. It includes theft of information and corporate espionage etc.

Most cyber crimes are usually well organized. The individual committing the crime usually puts a lot of efforts in achieving their goal. Toby could only have gained access to the company dumpster if he poses as the one or company sent to collect the trash.

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