bioscience inc. will pay a common stock dividend of $3.20 at the end of the year (d1). the required return on common stock (ke) is 14 percent. the firm has a constant growth rate (g) of 9 percent. compute the current price of the stock (p0). (do not round intermediate calculations. round your answer to 2 decimal places.)
Answers
The current price of the stock is $64.00.
We can use the constant growth model to find the current price of the stock:
P0 = D1 / (Ke - g)
where:
D1 = dividend at the end of the year = $3.20
Ke = required return on common stock = 14%
g = constant growth rate = 9%
Plugging in the values:
P0 = $3.20 / (0.14 - 0.09) = $64
A dividend is a payment made by a company to its shareholders, typically as a distribution of profits.
The required return on common stock, also known as the cost of equity, is the minimum rate of return that investors require for investing in a company's common stock. It reflects the risk associated with the investment and the opportunity cost of investing in other securities with similar risk profiles.
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Related Questions
In a bad economical crisis what are ways to overcome
Answers
Answer:
figure out different ways to invest and save your money maybe buy cheaper but good quality products
Explanation:
cause i said so
Answer:
Maximize Your Liquid Savings. ...
Make a Budget. ...
Prepare to Minimize Your Monthly Bills. ...
Closely Manage Your Bills. ...
Take Stock of Your Non-Cash Assets and Maximize Their Value. ...
Pay Down Your Credit Card Debt.
Explanation:
Project: Pet Grooming Website
You have a pet grooming business and want to create a new website. You want the website to have a video of your office, some pictures of your dog groomers, some testimonials from clients, a list of your prices, a description of your services, and a place to buy gift certificates or pre-pay for services. You want the site to use your color scheme, which is brown and black.
You decide to use a web development company. When you make the appointment, the receptionist tells you that you will meet with their project manager.
When you meet the project manager, she asks you for a good bit of detailed information. You decide that your budget will be $50,000. The project manager believes this will be a good budget because it will cost $20,000 for the web developer, $10,000 for the graphic artist, $5,000 for the photographer, $5,000 for the web hosting service, $5,000 to make the video, and $5,000 for various other expenses.
She explains that you will need to provide them with a list of clients that would be willing to participate as examples or provide testimonials. She warns you that they may expect to be paid for their participation and that there will need to be legal releases signed. She says that this will need to be done first.
Then, they will have the video company make the video and the photographer take the pictures. After this, the graphic artist can put together something for the web developer to create. All in all, the project should take about a month to complete.
Assignment
You will create a project plan document. The document will not be highly detailed. The information provided in the scenario above will be enough to create the document. You may have to guess or make up some of the details. You will not be graded on the accuracy of the details; instead, you will be graded on the project plan and your ability to structure it correctly and include the sections as described in the lesson. Make sure to give each section the proper heading and to write out your descriptions in complete sentences. The exception to this is when you create the project budget. You may do this in chart or column forma HELP
Answers
The planning of this project must have several stages, in general they can be classified as planning, execution and review.
What is planning?Planning is a term that refers to the decision-making process to achieve a specific objective taking into account the current situation and the internal and external factors that may influence the achievement of the objectives.
According to the above, planning would be the first process because in this we are going to draw a route of action in which we are going to specify all the tasks prior to the realization of the web page. This stage includes activities such as:
Interview with clients.Photos of services and products.Information gathering.Establishment of dates and objectives.In the execution stage, the creators of the page begin to work on the design and publication of the page, including all the information previously collected.
In the review stage, the entire team reviews whether the objectives set are being achieved and the necessary corrections are made.
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The accounting equation can be stated as
A. Expenses = Liabilities - Owner's Equity
B. Assets - Liabilities = Owner's Equity
C. Liabilities = Revenue + Owner's Equity
D. Owner's Equity = Assets + Liabilities.
Answers
Answer:
a
Explanation:
a
Which of the following statements about intangible assets is incorrect?a. Internally recognized intangibles are never recognized on the statement of financial position.b. Intangibles with finite lives are amortized but not tested for impairment.c. They are capital assets that have no physical substance.d. Intangibles with indefinite lives are not amortized but are tested for impairment.
Answers
The incorrect statement about intangible assets is: Internally recognized intangibles are never recognized on the statement of financial position. The correct answer is option a.
In reality, internally recognized intangible assets can be recognized on the statement of financial position. Intangible assets that are generated internally, such as research and development costs or costs associated with developing software, can be capitalized and recognized as assets on the financial statements if certain criteria are met.
These criteria typically involve demonstrating that the costs are directly attributable to the development of identifiable and expected future economic benefits, and that it is probable that these benefits will flow to the company.
So, the correct statement would be: a.
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When a startup wants to offer stock on the stock market, they go from a private to a public company.
Answers
Answer:
true...u didn't wrote if u want answer it or not but its true
In economics, decisions are necessary because ________ are scarce, while ________ are practically unlimited. group of answer choices
Answers
Economics involves making choices since resources are limited but demands and needs are virtually limitless.
What are the types of Business Resources?1) Resources in Physical Form
These are seen as tangible resources that the business employs to develop value-adding products and services for its clients. Among the physical resources include machinery, structures, stockpiles, etc.
2) Human resources
The most undervalued asset in every firm is its workforce. Without them, an organization's operations would halt. They are crucial for the operation of any organization.
3) Knowledge-based resources
These are nonphysical, intangible corporate resources, such as product patents, company branding, the right to reproduce key documents, and even partnerships.
4) Financial capabilities
These frequently include cash, credit, and lines of credit in addition to the option of stock plans for the organization's employees.
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The ge financial management program is designed to help potential employees develop leadership and analytical skills by cycling them through short-term, key assignments in financial planning, accounting, operations analysis, auditing, forecasting, cash management, and commercial finance. What type of work challenge stressor does this demonstrate?.
Answers
Work complexity type of work challenge .
What causes complexity?Complexity can come from both inside the system and outside of it. Modern hardware, such as super-scalar CPUs, is an example of an internal source, and the requirements for modifying previously successful systems are an example of an external source.
Why is complexity important in business?Complexity problems that corporate leaders must address the fact that complexity stifles innovation, which is essential for organizations looking to develop new products and revenue sources, is particularly problematic. Collaboration and the ability of firms to communicate knowledge across teams are killed by complexity.
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4-Strategy should focus PRIMARILY on the organization's: a. shareholders b. customers c. products d. employees
Answers
Answer:
b. customers
Explanation:
The organizational strategy can be understood as a plan that aims to develop action plans so that a company can achieve its objectives and goals, so it is correct to state that the strategy should focus primarily on the organization's customers.
A company exists to satisfy the desires and needs of potential customers, so that is the substantial reason for its existence and where its focus must be, of course, a strategy must understand the organizational whole, its internal and external environment including shareholders, products and employees, but the focus on the customer must be a priority, so that the company has acceptance, value and market positioning.
If the average variable cost is $24 at the profit-maximizing quantity, and if the firm’s fixed costs amount to $60, then the firm’s maximum profit is.
Answers
If the average variable cost is $24 at the profit-maximizing quantity, and if the firm’s fixed costs amount to $60, then the firm’s maximum profit is $228.
Does producing when MR = MC (profit maximization) imply an actual economic profit? The link between pricing and the average total cost will determine the solution. A business will make money if the price it charges is greater than its average cost of production for the volume produced.
In contrast, a company would experience losses if the price it charges is more than its average cost of manufacturing. You could assume that the farmer would want to stop operations right away in this circumstance.
So if AVC is $24 and FC is $60, then the firm’s maximum profit is $228.
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Briefly explain the term Gross Domestic product
Answers
Answer:
Explanation:
Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.
Politics is sort of like a game. And the best gamer is great at manipulating the rules.
Answers
Politics is about making agreements between people so that they can live together in groups such as tribes, cities, or countries. In large groups, such as countries, some people may spend a lot of their time making such agreements.
What is the annual profit when the income is $200,000.00 and the expenses are $150,000.00
Answers
Answer:
╭┄┈┄────────❥Let us take the example of a company with total revenue of $200,000 and explicit costs of $150,000. Calculate the economic profit of the company if the implicit costs are $30,000. Therefore, the company earned economic profit of $20,000.
Review the following scenario, then choose the response that correctly completes the last sentence. Maria bought 100 shares of OAK stock for $20 a share on May 23, 2018. On June 6, 2019, she noticed that the stock had increased in value to $25 a share and decided to sell her shares. Maria's only other income for the year consisted of $61,000 in wages. She will claim the standard deduction when she files her return. Maria's revenue from the sale of stock will increase her taxable income by: $500, and this $500 will be taxed at a capital gain rate of 15%. $500, and this $500 will be taxed at her regular marginal tax rate of 22%. $2,500, and this $2,500 will be taxed at a capital gain rate of 20%. $2,500, and this $2,500 will be taxed at her regular marginal rate of 22%
Answers
Answer:
The correct response would be:
$500.00 will be taxed at a capital gain rate of 15%
Explanation:
Review the following scenario, then choose the response that correctly completes the last sentence.
Hope it helps!
What is viability factors researches the demand for products or services?
Answers
Answer:
Viability is a mass noun that refers to something's capacity or potential for success. It may be a demand, an idea, a project, or even a plan to change how a business runs. Establishing viability is the goal of a viability evaluation. Product viability is the capacity of a software product to maintain itself or reach its potential.
Explanation:
The term "market viability" describes the commercial potential of a certain market. You may decide whether starting a business in a specific market makes financial sense with the use of a market viability analysis.
Industry size: Is there adequate room on the market for new vendors? Exists room for improvement?
Target market: Do potential customers have more money to spend? Can they afford to purchase your offering?
Competition: Who are the major retailers in this industry, in terms of competition? What are their advantages and disadvantages? How are you going to rival them?
Your objective is to eliminate any markets that are too small, too competitive, or comprised of clients who are unable or unable to pay your prices.
A random variable follows a binomial distribution with a probability of success equal to 0.59. Find:
For a sample size of n=6, find: The probability of exactly 4 success
The expected value(mean)
The expected variance
Answers
If a random variable follows a binomial distribution with a probability of success equal to 0.59 then the expected variance is approximately equal to 1.468.
Given that a random variable follows a binomial distribution with a probability of success equal to 0.59.
We need to find the following values:
For a sample size of n = 6, find: The probability of exactly 4 successes The expected value(mean)The expected variance
The probability of exactly 4 successes
The probability of exactly 4 successes can be calculated by using the following formula:
P(X = k) = nCk * p^k * (1 - p)^(n - k)
Where, P = Probability of success
n = sample size
nCk = combination of k successes in n trials
Therefore, the probability of exactly 4 successes can be calculated as
P(X = 4) = 6C4 * 0.59^4 * (1 - 0.59)^(6 - 4) = 0.2676
The probability of exactly 4 successes is 0.2676.
The expected value (mean) The expected value (mean) of a binomial distribution is given by the formula: μ = np
where, μ = mean of the binomial distribution n = sample size p = probability of success
Therefore, the expected value is: μ = 6 * 0.59 = 3.54 The expected value (mean) is 3.54.
The expected variance of a binomial distribution is given by the formula: σ^2 = np(1 - p) where σ^2 = variance of the binomial distribution = sample size p = probability of success
Therefore, the expected variance is:σ^2 = 6 * 0.59 * (1 - 0.59)≈ 1.468
The expected variance is approximately equal to 1.468.
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when an organization's primary tasks are routine and relatively simple, its design should: be more organic. utilize mediating technology. be set up as a matrix. be more mechanistic.
Answers
When an organization's primary tasks are routine and relatively simple, its design should be more mechanistic.
In a mechanistic organizational design, the work is structured and coordinated in a vertical hierarchy, and there is a clear chain of command. This kind of structure is best suited to organizations with routine and simple tasks as there are fewer decisions to make, and there is little need for flexibility or innovation.
Organizational design refers to the formal system of communication, roles, responsibilities, and authority established to achieve the organization's objectives. Organizational design can vary depending on the type of organization, its objectives, and the nature of the work being carried out. When an organization's primary tasks are routine and relatively simple, its design should be more mechanistic.
The mechanistic organizational design is a rigid and hierarchical structure where the decision-making power is centralized, with strict adherence to rules, regulations, and procedures. The design is useful in large organizations, where decision-making needs to be top-down, and tasks are repetitive, routine, and less complex. In a mechanistic organization, there is a clear division of labor, and everyone knows their role. For example, the military is a perfect example of a mechanistic organization, where the orders are followed down the chain of command with little deviation from the standard procedures.
In a mechanistic organization, the communication flow is vertical, meaning it flows from top to bottom and is based on a clear hierarchy. The rigid nature of the design makes it difficult for employees to think outside the box and innovate, and this can stifle creativity. However, the design is suitable for tasks that require little decision making, as it provides clarity of roles and responsibilities, which can reduce ambiguity and confusion.
In conclusion, when an organization's primary tasks are routine and relatively simple, the mechanistic design is best suited as it is rigid and hierarchical, with clear rules and procedures. This provides clarity of roles and responsibilities, which can reduce ambiguity and confusion. However, the design can stifle creativity, and innovation, which can be a hindrance to organizations that require a lot of flexibility and quick decision-making.
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Recall the four reasons some people favor trade restrictions. Give an example from the U.S. economy that you think best fits each reasons
Answers
Answer: See explanation
Explanation:
Trade restrictions simply means a way of protecting the local industries. This can be through imposition of tariffs on foreign goods, use of quota etc. The importance of trade restrictions are:
1. Trade restrictions are important in the protection of the infant indutries, that is, the young industries in a country that are just growing.
2. Trade restrictions is necessary to prevent dumping of goods. This mean selling of goods at lower prices or of low quality in a country. This gives such products an unfair advantage over other goods produced in the home country.
3. Trade restrictions is vital on order to protect the strategic indutries.
4. Trade restrictions is also vital in order to protect the jobs of the people in the country. When goods are imported rather than supporting local businesses, this can lead to unemployment as workers will lose their jobs.
why do savers and investors generally work through financial intermediaries
Answers
Savers and investors generally work through financial intermediaries because it provides them with several benefits and facilitates efficient capital allocation.
Financial intermediaries, such as banks, mutual funds, and investment firms, act as a bridge between savers and investors. They play a crucial role in the financial system by channeling funds from savers to borrowers or investors. This intermediation process offers several advantages for both parties involved.
Firstly, financial intermediaries provide savers with a convenient and efficient way to invest their funds. Instead of directly searching for investment opportunities or managing the investments themselves, savers can entrust their funds to intermediaries who have expertise in the field. This allows savers to benefit from professional investment management and diversification of their portfolios.
Secondly, financial intermediaries help reduce risk for savers and investors. They are responsible for conducting due diligence, assessing the creditworthiness of borrowers, and managing the associated risks. By pooling funds from multiple savers and investors, intermediaries can spread the risk across a larger portfolio of assets, reducing the impact of any individual default or investment loss.
Overall, working through financial intermediaries allows savers and investors to benefit from professional expertise, risk mitigation, diversification, and liquidity. It provides a more efficient and convenient way to allocate capital and participate in financial markets.
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A hypothetical element consists of four isotopes . Isotope one has a mass 135.90714 amu and 0.1900 % abundance. Isotope two has a mass 137.90599 amu and 0.2500 % abundance. Isotope three has a mass 139.90543 amu and 88.43 % abundance. Isotope four has a mass 141.90924 amu and 11.13 % abundance. What is the average atomic mass of this element
Answers
The average atomic mass of this hypothetical element is approximately 200.06 amu.
To calculate the average atomic mass of the element, we need to consider the mass of each isotope and its corresponding abundance. The average atomic mass is calculated using the following formula:
Average atomic mass = (mass of isotope 1 × abundance of isotope 1) + (mass of isotope 2 × abundance of isotope 2) + (mass of isotope 3 × abundance of isotope 3) + (mass of isotope 4 × abundance of isotope 4)
Let's plug in the values:
Average atomic mass = (135.90714 amu × 0.0019) + (137.90599 amu × 0.0025) + (139.90543 amu × 0.8843) + (141.90924 amu × 0.1113)
Calculating this equation will give us the average atomic mass of the element:
Average atomic mass = 25.85254266 + 34.764975 + 123.61695349 + 15.82448912
Average atomic mass ≈ 200.05896027 amu
Therefore, the average atomic mass of this hypothetical element is approximately 200.06 amu.
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Tia is going to carry a large piece of scrap metal to the dumpster. It's heavy and
has sharp edges. What PPE should she use to keep herself safe?
Answers
She needs a full complement of personal protective equipment, or PPE, for workers in a scrap metal facility. This includes protective eyewear, footwear, helmets, and gloves.
Personal protective equipmentPersonal protective equipment is the equipment that is used to protect us from harm or danger.
They are an important part of the costume in manufacturing industries and even in our homes.
For Tia that is going to carry a large piece of scrap metal to the dumpster, she needs a full complement of personal protective equipment, or PPE, for workers in a scrap metal facility. This includes protective eyewear, footwear, helmets, and gloves.
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the boston consulting group matrix is not the only product portfolio tool. another popular tool that is discussed in the textbook is the:
Answers
The Boston Consulting Group Matrix is a well-known product portfolio tool, but there are other popular tools discussed in the textbook. One such tool is the GE McKinsey Matrix. This matrix also uses a two-dimensional grid to evaluate a company's portfolio of products, but it looks at market attractiveness and business strength instead of market growth rate and relative market share.
The GE McKinsey Matrix helps companies to identify which products to invest in, which to divest, and which to maintain.
Another popular product portfolio tool is the Product Life Cycle (PLC) model. This model helps companies to understand the different stages of a product's life cycle, from introduction to decline. The PLC model helps companies to plan marketing strategies for each stage of the product's life cycle and to decide when to introduce new products or discontinue existing ones.
In conclusion, while the Boston Consulting Group Matrix is a popular product portfolio tool, there are other effective tools available, including the GE McKinsey Matrix and the Product Life Cycle model. Companies can use these tools to evaluate their product portfolios and make informed decisions about how to allocate resources.
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The Fed buys $10 million of securities from AIG. AIG has a desired reserve ratio of 0.05, and there is no currency drain.
As soon as the open market purchase is made, the bank's excess reserves are at $___ million
Answers
Answer:
$200,000,000
Explanation:
Given that:
Amount of securities purchased = $10 million
Desired reserve ratio = 0.05
The bank's excess reserve :
Money multiplier * amount of securities purchased
Money multiplier = 1 / reserve ratio
Money multiplier = 1 / 0.05 = 20
Excess reserve = 20 * $10,000,000
Excess reserve = $200,000,000
The Magnuson-Moss ______ Act directs manufacturers and sellers to detail the service coverage, terms, and exclusions on products.
Answers
Answer: Warrantly
directs manufacturers and sellers to detail the service coverage, terms, and exclusions on products.
What is missing from this goal that is preventing it from being a SMART goal?
Goal: I want to be successful right after high school by getting a job.
This goal is NOT
O Specific
0 Measurable
O Attainable
O Relevant
O Timely
Answers
firms will only adopt more automated methods of production when
Answers
Answer when the argument gets too long
Explanation:
when the supply of coffee decreases and the demand for coffee increases simultaneously, the price of coffee will:a. fallb. either rise or fallc. rised. fall initially and then rise as demand increases to meet the increased supply
Answers
When the supply of coffee decreases and the demand for coffee increases simultaneously, the price of coffee will either rise or fall.
B is correct option.
Two fundamental principles of economics are the law of supply and the law of demand. These two laws explain how supply and demand are affected by price shifts in terms of quantity.The law of demand states that, while other factors remain constant, a product's price increase will result in a decrease in the quantity demanded for the good. As a result, a rise in coffee's price will result in a drop in coffee consumption. Be aware that variables other than coffee price, like income and preferences, can only have an impact on demand for coffee.One such category of products includes tea and coffee. Decreased desire for coffee follows an increase in price for coffee. Therefore, if coffee's price doesn't go down, customers who previously drank coffee will switch to tea. It follows that the market for tea will now likely rise.
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economy where the government owns and offers all the goods and services is called ?
Answers
In such situation, we would have what is known as a command economy, in which the government owns, provides, and sets the prices for all goods and services.
The goal of a command economy, often referred to as a planned economy, is to maximise societal welfare by the planning, coordination, and direct supervision of all economic activity. In contrast to free-market economies, command economies do not permit market forces like supply and demand to control production or prices. All resources are allocated by the government in line with the overall plan. It strives to make the best use of the country's financial resources, labour force, and natural resources. A central authority determines both the maximum allowable output and the prices that can be paid for products and services under a political system with a command economy. Most industries are publicly held businesses.
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Help me with the question
Answers
Answer:
See below
Explanation:
Need Help
Ted is a single guy who’s living the good life. The spreadsheet below shows Ted’s cash flow for a month.
Based on his monthly cash flow, explain what part of Ted’s financial plan might be missing and why.
Answers
Answer:
Ted's net cash flow is zero. Therefore, he might want to work on managing his income to get a positive net cash flow. There is no indication that Ted is putting any money in savings.
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For an FBLA-PBL member who is interested in running for a state or national
office, what FBLA-PBL activity would be the most likely to help them?
O A. Participate in the Institute for Leaders
B. Network with local business people
C. Participate in local community service
D. Compete at the National Leadership Conference
SUBMIT
Answers
Answer:A
Explanation: i did the test