Blockbuster inc. just paid a dividend of $2 per share. dividends are expected to grow at a rate of minus 50% annually over the next three years. after that, it is expected that blockbuster will cease paying dividends forever. what is the fair market price for a share of blockbuster if shareholders require a return of 12%?
a) $2.21
b) $2.95
c) $1.61
d) $0
e) $1.47

Which organization was established to train the hard-core unemployed? - better business bureau- equal employment opportunity commission- environmental protection agency- affirmative action committee- national alliance of business

Which value describes the desire to be one’s own boss? a. autonomy b. status c. security d. entrepreneurship

Aquatic marine stores company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. aquatic uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 3 pounds per unit; $ 6 per pound direct labor: 4 hours per unit; $ 19 per hour during the first quarter, aquatic produced 5 comma 000 units of this product. actual direct materials and direct labor costs were $ 65 comma 000 and $ 330 comma 000, respectively. for the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 5 comma 000 units.