The most recent dividend per share paid on the stock is $4.20 per share. Therefore, the correct option is B.
We are supposed to determine the most recent dividend per share paid on the stock given that the Mannix Corporation stock currently sells for $105 per share. The market requires a return of 8 percent on the firm's stock and the company maintains a constant 4 percent growth rate in dividends. However, the dividend per share is given by the following formula;
Dividend per share = Dividend payout ratio × Earnings per sharewhere
Dividend payout ratio = 1 − Retention ratio
Earnings per share (EPS) = Net income ÷ Number of shares outstanding
Therefore, we need to determine the EPS and then calculate the dividend per share.The constant 4% growth rate implies that the dividend next year is 4% greater than this year's dividend. Therefore, the dividend next year will be:
Dividend next year = Dividend this year × (1 + growth rate)
We know the current stock price and the required return, thus we can determine the expected dividend yield:
Dividend yield = Dividend this year ÷ Stock price
Dividend yield + Capital gain yield = Required return
8% = Dividend yield + 4%
Dividend yield = 4%
Substituting this value and the current stock price, we get;
Dividend this year = Dividend yield × Stock price= 4% × $105= $4.20 which corresponds to option B.
Note: The question is incomplete. The complete question probably is: Mannix Corporation stock currently sells for $105 per share. The market requires a return of 8 percent on the firm's stock. If the company maintains a constant 4 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? Multiple Choice A) $3.88 B) $4.20 C) $12.64 D) $4.04 E) $6.20.
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What is the basis of the law of demand?
Group of answer choices
Self-interested behavior
Marginal utility
Utility curves
Market timing
market timing
Explanation:
because that way u wont miss customers
Q09: Business Processes include which of the following? Workflow Controls Timing, Time Fences All choices Data Objectives
Business processes include workflow controls, timing, time fences, data objectives .Workflow Controls Timing, Time Fences All choices Data Objectives
Business processes refer to the systematic series of activities or steps that organizations undertake to achieve specific objectives. These processes encompass various elements, including workflow controls, which involve defining and managing the flow of tasks and information within the organization. Timing is crucial in business processes as it involves scheduling activities and ensuring they occur at the right time. Time fences are predetermined points in time that establish deadlines or limits for specific activities or decisions. Data objectives involve defining the desired outcomes and goals related to data management and utilization within the business processes.
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Which are well-known organized exchanges in the united states?
The answer is York Stock Exchange (NYSE), Chicago Mercantile Exchange (CME) ,Intercontinental Exchange (ICE) CBOE Global Markets
An organized exchange is a type of market where standardized contracts for a wide range of financial instruments such as equities, options, futures, and commodities are traded by multiple buyers and sellers on a regulated platform. The United States has many well-known organized exchanges, some of which are discussed below:New York Stock Exchange (NYSE): The New York Stock Exchange is the world's largest stock exchange and the oldest organized exchange in the United States. NYSE has more than 2,800 companies listed, making it a leading global equities trading center.Nasdaq: Nasdaq is another major organized exchange in the United States. It specializes in technology companies and is known for its computer-based trading platform. Nasdaq is also a global leader in electronic trading, with more than 4,000 companies listed on the exchange.Chicago Mercantile Exchange (CME): The CME is a well-known organized exchange that primarily trades in futures and options. It is one of the largest and most diverse exchanges in the world and offers trading in agricultural products, metals, currencies, and energy products.Intercontinental Exchange (ICE): The ICE is a global exchange that primarily focuses on energy trading, futures, and options. The exchange provides a range of services and products to help companies manage their energy risks and operates a variety of markets, including power, natural gas, and crude oil.CBOE Global Markets: The CBOE is a well-known exchange that offers trading in options and futures. It is known for its volatility index (VIX), which is used by traders to predict market volatility.The above are some of the well-known organized exchanges in the United States
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According to the lesson, texas ranks _____ highest in the country for unemployment rate.
Answer:
The answer should be 9th
Explanation:
texas ranks 9th highest in the country for unemployment rate.
What is a key requirement of a savings plan?
0 to prioritize saving regularly without exception
O to save any money that has not been spent
Oto prioritize saving money when it is convenient
O to save money whenever you are at the bank or an ATM
To prioritize saving regularly without exception.
What is a saving plans?
Savings plans are financial solutions intended to encourage responsible saving while providing consistent returns that aid in reaching your financial objectives. These plans, which are typically life insurance products, protect your loved ones' finances in the event that something were to happen to you.What are the benefits of savings plan?
Helps Save Taxes: Since saving plans are essentially life insurance plans, they offer the same tax benefits offered by other insurance plans. In particular, you can avail an exemption of up to Rs 1.5 lakh towards your premium payments, as per Section 80C of the Income Tax Act.Why is saving crucial?
Having a budget can assist you:Manage unforeseen expenses and crises. Reach your financial objectives, such as saving for a car, a down payment for a home, or your retirement.To know more about savings, checkout this link:
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show the vegetable market of nepal in pyramid
Due to massive increases in agriculture and production area over the last two decades, per capita vegetable consumption has increased to 105 kg from 60 kg. Nepal has reported 3,243,521 vegetable holdings. Vegetable crops are grown on a total of 232,295 hectares of cultivable land.
What is market?A market is a collection of systems, institutions, procedures, social relations, or infrastructures through which parties exchange goods and services. While parties can barter for goods and services, most markets rely on sellers offering their goods or services to buyers in exchange for money. The exchange of goods and services that occurs as a result of buyers and sellers coming into contact with one another, either directly or through mediating agents or institutions, is referred to as a market.A market is defined as the total number of buyers and sellers in the area or region under consideration. The area could be the entire planet, a country, a region, a state, or a city.To learn more about market, refer to:
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Byron Books Inc. recently reported $9 million of net income. Its EBIT was $16.1 million, and its tax rate was 25%. What was its interest expense
To find the interest expense of Byron Books Inc., we can start with the formula for calculating net income:
Net Income = EBIT - Interest Expense * (1 - Tax Rate)
Rearranging the formula, we can solve for interest expense:
Interest Expense = (EBIT - Net Income) / (1 - Tax Rate)
Given that Byron Books Inc. reported a net income of $9 million, EBIT of $16.1 million, and a tax rate of 25% (or 0.25), we can substitute these values into the formula:
Interest Expense = (16.1 million - 9 million) / (1 - 0.25)
Interest Expense = 7.1 million / 0.75
Interest Expense = $9.4667 million or approximately $9.47 million
Therefore, the interest expense of Byron Books Inc. is approximately $9.47 million.
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The interest expense of Byron Books Inc. is $7.1 million.
Explanation:Interest expense is a financial cost that a company or individual incurs when borrowing money. It's typically associated with loans, bonds, or credit lines. This expense represents the amount paid to the lender as compensation for the use of their funds. For businesses, it's a deductible expense, reducing taxable income. Monitoring and managing interest expense is crucial for financial health, as excessive interest payments can strain cash flow and negatively impact profitability. Byron Books Inc. recently reported $9 million in net income. Thus,
To find the interest expense, we can use the formula:
Interest Expense = EBIT - Net Income
Substituting the given values:
Interest Expense = $16.1 million - $9 million
= $7.1 million
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Which of the following three situations is least likely to occur at the same time as the other two situations? Why?
1) Real GDP is less than potential GDP.
2) An economy in a strong, 5-year expansion.
3) An unemployment rate above the natural rate of unemployment.
Answer: I'm going to take a guess and say 1 and 3.
Explanation: Just taking a guess.
What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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Use tables such as Tables 2 and 3 to illustrate what happens to bank balance sheets when each of the following transactions occurs:
a. You withdraw $100 from your checking account to buy concert tickets.
b. Sam finds a $100 bill on the sidewalk and deposits it into his checking account.
c. Mary Q. Contrary withdraws $500 in cash from her account at Hometown Bank, carries it to the city, and deposits it into her account at Big City Bank.
Withdrawing $100 from checking account to buy concert tickets will reduce the assets, deposit of $100 will increase balance sheets, Mary Q. Contrary withdraws $500 will reduce the assets.
A balance sheet is a financial statement that lists an organization's assets, liabilities, and shareholder equity. Among the three main accounting records used to assess a company is the balance sheet. It provides a snapshot of a corporation's assets and liabilities as of the publication date. The sum of the liabilities and shareholders' equity is equal to the assets on the balance sheet. Value investors use balance sheets to calculate financial ratios. Each asset the business owns is listed on the balance sheet alongside the funding method, which can either be equities or borrowing. A statement of one's financial condition or perhaps a review of net worth are some other names for it.
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Jagswear Inc. earned operating income of $81,000 during 2020 . The compary wants to earn operating income of $160,000 during 2020. Its fixed costs are expected to be $50.975, and variable costs are expected to be 25% of sales. Determine the required sales to meet the target operating income during 2020. Fill in the dollar amounts for the summary income statement for 2020 below based on your answer to part a.
The required sales to meet the target operating income during 2020 by Jagswear Inc. can be determined using the formula; Sales = (Target Operating Income + Fixed Costs) / (1 - Variable Cost %) = $108,800.
To determine the required sales to meet the target operating income during 2020, Jagswear Inc. should use the formula; Sales = (Target Operating Income + Fixed Costs) / (1 - Variable Cost %).
The target operating income during 2020 for Jagswear Inc. is $160,000. Its fixed costs for 2020 are expected to be $50,975 and variable costs are expected to be 25% of sales. Substituting the values into the formula; Sales = (160,000 + 50,975) / (1 - 0.25)Sales = $277,633.33 (rounded to the nearest cent). Therefore, the required sales for Jagswear Inc. to meet the target operating income during 2020 is $277,633.33. The dollar amounts for the summary income statement for 2020 can now be filled as follows:
Sales = $277,633.33, Fixed Costs = $50,975, Variable Costs = 25% of Sales = $69,408.33, Operating Income = $160,000, Net Income = Operating Income - Income Taxes = $108,800.
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Complete question is:
Jagswear Inc. earned operating income of $81,000 during 2020 . The compary wants to earn operating income of $160,000 during 2020. Its fixed costs are expected to be $50.975, and variable costs are expected to be 25% of sales. Determine the required sales to meet the target operating income during 2020. Fill in the dollar amounts for the summary income statement for 2020 below based on your answer to part a?
Sterling Company paid $1,200 for 3 months of rent on April 1 of the current year. On April 30, Sterling Company made an adjusting entry to account for the rent that expired during the month of April. The adjusting entry contained a debit to Rent Expense in the amount of $ _______ and a credit to Prepaid Rent in the amount of $ ______. The remaining balance in the Prepaid Rent account after the adjustment was $ ______.
Explanation:
the rent start on February first and paid 400 the expense rent are for 29 days on 13.7 USD per day
you are in an car crash
The word is CAR.................
WHERE ARE YOU?
WHERE IS THE CAR LOCATED?
WHAT COLOR IS?
WHO IS WITH YOU?
HOW DID YOU ARRIVE AT YOUR DESTINATION?
WHERE WERE YOU TRYING TO GO?
ARE YOU INJURED?
IS ANYONE ELSE INJURED?
HOW ARE YOU FEELING?
IS IT DAYTIME OR NIGHT TIME?
DOES THE CAR BELONG TO YOU?
HAVE THE POLICE BEEN CALLED?
ANY CHILDREN OR PARENTS AROUND?
HOW ARE THEY REACTING?
Answer:
ayudaaaáaaaaaaaaaaaaaaaaaaaaaaaaaa
True or False: Homeowners in states like Texas or Florida may have to purchase special insurance based on their home's geographic location.
A lot of people do buy special insurance for their homes. Homeowners in states like Texas or Florida may have to purchase special insurance based on their home's geographic location is a true statement.
Special insurance policy expressly are often made so as to offer a sure or verified form of protection in the event of some particular circumstances.The business or property that one has would need own set of special insurance coverages for the unforeseen risks and it is better to take a special policy that is based on one's geographical location.
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In business, a group of people who work together in an attempt to achieve some specific purpose is known as a(n) _____. Multiple choice question. cadre symposium cohort organization
There are different kinds of firms. In business, a group of people who work together in an attempt to achieve some specific purpose is known as an organization.
What is an organization?An organization is regarded as a combination or a group of people that are said to be working together such as an association, a charity, a union, etc.
The word organization also connote a group or business, or to the process establishing something.
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oriole industries and waterway inc ebnter into an agfreement that requires waterway inc to build three disel-electric engines
When Oriole Industries and Waterway Inc enter into an agreement that requires Waterway Inc to build three diesel-electric engines, it means that Oriole Industries has hired Waterway Inc to manufacture three engines that are powered by a combination of diesel fuel and electricity.
When two companies, Oriole Industries and Waterway Inc, enter into an agreement, they agree on certain terms and conditions. In this case, the agreement states that Waterway Inc is responsible for constructing three diesel-electric engines for Oriole Industries.
A diesel-electric engine is a type of hybrid engine that combines the use of diesel fuel and electricity to generate power. This combination allows for more efficient and environmentally-friendly operation. These engines are commonly used in various industries, such as marine vessels, locomotives, and power plants.
Waterway Inc, as the manufacturer, will be tasked with designing and building these engines according to the specifications and requirements provided by Oriole Industries. The construction process involves integrating diesel engines with electric generators and other electrical components to create a system that utilizes both fuel types.
By entering into this agreement, Oriole Industries is entrusting Waterway Inc with the responsibility of manufacturing three diesel-electric engines to meet their specific needs. The engines will likely be used in their operations to power machinery, vehicles, or equipment.
In summary, when Oriole Industries and Waterway Inc enter into an agreement requiring the construction of three diesel-electric engines, Waterway Inc is contracted to build these engines using a combination of diesel fuel and electricity to fulfill Oriole Industries' requirements.
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hi please give me your opinion. help me :-[
2. Do young people still eat lots of traditional types of food?
Why / Why not?
lol i accidentally put the subject as business. i am very desperate to get the answer :,-)
Answer:
nope coz we are living in modern lives whereby they are foods with spieses but some do because they don't wanna forget their tradition
Answer:
Yes, young people do like to eat traditional food because they love the traditional flavor and this also helps them to understand the culture of a place.
mark me as brainliest plz.
government spending and taxes group of answer choices do not change aggregate demand. are an important component of aggregate supply. are a major determinant of aggregate demand. do not play a big role in determining gdp.
The correct answer is (c) are a major determinant of aggregate demand. Government spending and taxes do play a major role in determining aggregate demand, which in turn affects GDP.
When the government spends more money on goods and services, this increases demand for those products, which can lead to an increase in production and GDP. Conversely, when taxes are increased, this reduces the amount of disposable income that households have to spend, which can decrease demand and ultimately reduce GDP.
Additionally, government spending and taxes can also impact aggregate supply. For example, government spending on infrastructure can lead to an increase in productivity and efficiency, which can help to increase the overall supply of goods and services. On the other hand, high taxes can discourage businesses from investing and expanding, which can reduce the potential supply of goods and services.
Overall, while government spending and taxes may not be the only factors that influence GDP, they are certainly important components of both aggregate demand and aggregate supply. Policymakers must carefully consider the effects of their decisions on these factors when making decisions about fiscal policy.
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Which of the following statements is FALSE? A. Preferred stock cannot be converted into common stock. B. Preferred stock usually has a stated or par value but unlike bonds, this par value is not repaid at maturity because preferred stocks do not have a maturity date. C. The only time the par value of preferred stock would be paid to the shareholder is if the company ceases operations or retires the preferred stock. D. Skipped preferred dividends become a liability of the company.
Answer:
c
Explanation:
Disclosure related to revenue Group of answer choices does not require capitalized costs to obtain and fulfill a contract requires disaggregation of revenues by reportable segments requires disclosure of remaining performance obligations does not require judgments that affect amount and timing of revenues from contracts
The correct option is B ; requires disclosure of remaining performance obligations.
Disclosure of remaining performance obligations is often required to provide information about the amount of revenue that is expected to be recognized in future periods from existing contracts with customers. Capitalized costs to obtain and fulfill a contract may need to be disclosed if they are significant and not presented elsewhere in the financial statements. Judgments that affect the amount and timing of revenues from contracts, such as the allocation of transaction price to performance obligations.
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Full Question ;
Disclosure related to revenue
A) requires disaggregation of revenues by reportable segments.
B) requires disclosure of remaining performance obligations.
C) does not require capitalized costs to obtain and fulfill a contract.
D) does not require judgments that affect amount and timing of revenues from contracts.
organizations that have few projects as part of their normal business operations would generally be fine using which type of project management structure?
A dedicated project team works on an as-needed basis under the less formal project management structure.
Define managing a project?The hierarchy and authority of those working in a given project are established using an organisational structure for project management. For team members to refer to while working on a project, the structure specifies the roles of each team member and their reporting lines on a chart.
What is the ideal framework for project management?The matrix organisational structure is advised because it gives the staff or employees two organisers or leaders to whom they can submit. For a project manager who lacks the full potential for effective team management, this form of organisational structure works well.
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Questions:
1. How did Ray engage in market planning?
2. How did Ray conduct marketing-information management?
3. What type of product/service management did Ray do?
4. What activities were involved in the pricing function?
5. How did Ray use the channel management function?
6. What activity is an example of the promotion function?
7. How did a salesperson use the selling function?
Ray engaged in market planning by hiring a research firm to determine the demand for home theater seating and identifying the target market for his new theater seats.
Ray conducted marketing-information management by gathering information from consumers and retailers through surveys and research to inform the design and marketing of his new theater seats.
Ray engaged in product/service management by designing a new type of theater seating, specifying the production process, and managing the quality of the final product.
The activities involved in the pricing function included calculating the manufacturing cost of the theater seats, setting a wholesale price that covered expenses and earned a reasonable profit, and determining the final retail price for the seats.
Ray used the channel management function by developing a network of wholesalers and retailers to distribute the theater seats to consumers.
An example of the promotion function is the display of a theater seat in a store with a plasma TV and accessories to show how it would look in a home.
A salesperson used the selling function by promoting the features and quality construction of the theater seat to potential customers.
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An innovative business idea that no one has never had
An innovative business idea that no one has never had is Offering virtual assistance to other businesses.
What is innovative business idea ?innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.
It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.
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Complete question:
State An innovative business idea that no one has never had
En este tipo de enfoque para el desarrollo de nuevos productos, todos los departamentos implicados en el desarrollo de nuevos productos siguen un proceso secuencial
Answer:
El enunciado describe el enfoque secuencial de desarrollo de productos.
Explanation:
En el enfoque secuencial, el proceso de producción de un producto pasa por diferentes etapas, y a su vez, dichas etapas son abordadas por diferentes departamentos dentro de la organización.
La característica principal radical entonces, en que cada departamento de producción se encarga de una etapa específica del proceso de forma secuencial, es decir, el departamento A hace su parte del proceso productivo, y una vez finaliza, inmediatamente sigue el departamento B con su proceso productivo, y luego el departamento C, y así de esa forma.
En otras palabras, en el enfoque secuencial no hay desarrollo simultáneo del proceso productivo.
You are in charge of purchasing supplies for a lighting company and need to buy 125 feet of electrical wire. A local supplier sells the wire for $1.25 per foot, plus 5% sales tax. An online company sells the wire for $1.75 per foot. The online company also offers a rebate of 10% for the whole order and charges no additional sales tax. If you choose the better of the two prices, how much will you pay for the 125 feet of wire?
Answer:
$164.06 for the 125 feet
Explanation:
total costs from brick and mortar store = ($1.25 x 1.05) x 125 feet = $164.06
total costs from online store = $1.75 x (1 - 10%) x 125 feet = $196.88
after you compute the total costs per store, you should purchase the electrical wire from the brick and mortar store
Formulate and answer a True/False question for each of the following topics:
a. Integer Optimization – Binary Constraint Types
b. Integer Optimization – Fixed Charge Model and Excel Solving
c. Project Scheduling – Impact of shortening an activity
d. Project Scheduling – Impact of delaying an activity
a. In Integer Optimization, binary constraint types restrict variables to only take on values of 0 or 1. True.
b. The Fixed Charge Model is a type of Integer Optimization problem and can be solved in Excel using the Solver add-in.
True.
c. False. Shortening an activity in a project schedule may not always result in a reduction of the project duration if the shortened activity is not on the critical path.
d. True. Delaying an activity in a project schedule will always result in an increase in the project duration, as it will push back the start and end dates of subsequent activities.
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A company has a book value per share of $26.70 at the end of 2019. Its EPS in 2020 is $6.42. Its beta is 1.7, the risk-free rate is 2.17% and the equity risk premium is 5.25%. What is the company's residual income in 2020? a. $4.96
b. $3.46
c. $3.96
d. $4.46
The residual income is calculated as follows:
Residual income = EPS - (Cost of equity * Book value per share).
The cost of equity is calculated using the capital asset pricing model (CAPM):
Cost of equity = Risk-free rate + Beta * Equity risk premium
In this case, the risk-free rate is 2.17%, the beta is 1.7, and the equity risk premium is 5.25%. Therefore, the cost of equity is 10.36%.
The book value per share is $26.70. Therefore, the residual income is:
Residual income = 6.42 - (0.1036 * 26.70) = $3.96
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Please read the following case study carefully and answer the questions that follow.
When Stephanie Mayer first started working as an office assistant with AOC Enterprises Limited, she was eager and enthusiastic. She was determined to prove herself a valuable employee, so she willingly accepted additional duties and responsibilities. She eventually found that she had more work than she could manage and was unable to type some essential documents before they were due. She told her supervisor that she had placed them on her desk the previous evening, but apparently someone had moved them. When reprimanded by her supervisor, she became offended and reminded him how much she usually does for the business. She withdrew her enthusiasm and began complaining that her boss was ungrateful.
List THREE positive and THREE negative qualities that Stephanie displayed. (6points)
State TWO poor decisions Stephanie made. (2 points)
Suggest THREE ways in which Stephanie could have prevented this conflict. (6 points)
Explain how the business can be affected by the deterioration of the relationship between Stephanie and her supervisor. (4 points)
The positive qualities that Stephanie displayed include passion, determination, self-reliance while the negative qualities that she displayed include impatience, apathy, and lack of respect.
The poor decisions that were made by Stephanie include:
Complaining about how ungrateful her supervisor was.Shouting back at her supervisor rather than trying to resolve the issue.The ways that Stephanie could have prevented this conflict include:
Explaining what really happened to her supervisor.Not complaining about the ungratefulness of her boss.She could have been patient as well rather than confronting her supervisor.The deterioration of the relationship between Stephanie and her supervisor can bring about disunity in the workplace and this can lead to lower productivity.
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Which of the four dimensions of theEI competency framework is characterized by the ability to understand wider groups
The EI (Emotional Intelligence) competency framework comprises four dimensions, including self-awareness, self-management, social awareness, and relationship management.
Among these four dimensions, social awareness is characterized by the ability to understand wider groups.
Social awareness involves the capacity to comprehend and empathize with the emotions, needs, and perspectives of others. It includes the ability to read and interpret social cues, such as body language and facial expressions, and to identify the emotional states of others relationship management. accurately. Social awareness also encompasses an understanding of group dynamics, such as power structures, norms, and values, and how these factors influence behavior and interactions.
By being socially aware, individuals can navigate social situations more marginal cost effectively, build positive relationships with others, and collaborate more successfully in group settings. It is a vital skill in leadership, teamwork, and any situation that involves interacting with others.
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___ establishes the salary of the chief executive officer of a company
A) Internal managers
B) Employees
C) The board of directors
D) The CEO
Answer:
C.The board of directions I think