Business, 12.03.2021 15:30 dani6651

Lucent is a young firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 18% a year for the next four years and then decreasing the growth rate to 5.2% per year. The company just paid its annual dividend in the amount of $4.30 per share. What is the current value of one share if the required rate of return is 15%

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 01:30

The gomez company, a merchandising firm, has budgeted its activity for december according to the following information: • sales at $500,000, all for cash. • merchandise inventory on november 30 was $250,000. • the cash balance at december 1 was $20,000. • selling and administrative expenses are budgeted at $50,000 for december and are paid for in cash. • budgeted depreciation for december is $30,000. • the planned merchandise inventory on december 31 is $260,000. • the cost of goods sold represents 75% of the selling price. • all purchases are paid for in cash. the budgeted cash disbursements for december are:

Answers: 3

Answer

Business, 22.06.2019 03:10

On the first day of the fiscal year, a company issues an $7,500,000, 8%, five-year bond that pays semiannual interest of $300,000 ($7,500,000 × 8% × ½), receiving cash of $7,740,000. journalize the first interest payment and the amortization of the related bond premium. round to the nearest dollar. if an amount box does not require an entry, leave it blank.

Answers: 3

Answer

Business, 22.06.2019 11:30

4. chef a says that broth should be brought to a boil. chef b says that broth should be kept at an even, gentle simmer. which chef is correct? a. neither chef is correct. b. chef a is correct. c. both chefs are correct. d. chef b is correct. student c incorrect which is right answer

Answers: 2

Answer

Business, 22.06.2019 16:30

En major recording acts are able to play at the stadium. if the average profit margin for a concert is $175,000, how much would the stadium clear for all of these events combined?

Answers: 3

Answer

You know the right answer?

Lucent is a young firm in a rapidly growing industry. The company is planning on increasing its annu...

Questions