What is the multi-stage DDM applied price of a stock which is expected to begin paying...

What is the multi-stage DDM applied price of a stock which is expected to begin paying a $3 dividend 6 years from now. The firm is expected to grow dividends by 15% per year for the next four years after that, followed by a constant growth rate of 4% thereafter forever. Assume that investors require a rate of return of 16% for this firm’s common shares. $25.75 $16.36 $11.23 $18.75

Question 18 A business enterprise has the following budgeted marginal costing profit and loss account for...

Question 18 A business enterprise has the following budgeted marginal costing profit and loss account for the month ended 31 December 2018 GHS000                            GHS000                                      Sales                                                                                   48                                     Cost of sales:                                           Opening stock                         3                                           Production costs                  36                                           Closing stock                          (7)                                                                 ( 32)                                                                               16                                     Other variable costs: Selling                                                                                       (3.2) Contribution                                                                                    12.8                                      Fixed costs:                                         Production overheads                                                              (4) Administration                                                                          (3.6) Selling                                                                                          (1.2)                                      Net profit                                                                                        4.0 The standard cost per unit is:                                                                    GHS Direct...

Universal Chemical Company uses oil to produce two types of plastic products, P1 and P2. Universal...

Universal Chemical Company uses oil to produce two types of plastic products, P1 and P2. Universal budgeted 27,300 barrels of oil for purchase in April for $64 per barrel. Direct labor budgeted in the chemical process was $209,700 for April. Factory overhead was budgeted $314,500 during April. The inventories on April 1 were estimated to be: Oil $14,700 P1 9,900 P2 8,400 Work in process 12,200 The desired inventories on April 30 were: Oil $16,100 P1 9,000 P2 8,000 Work...

A barge has dimensions of length, width, and height equal to 10 m, 6 m, and...

A barge has dimensions of length, width, and height equal to 10 m, 6 m, and 4 m, respectively. A pride of lions, all with mass of 230 kg, are investigating the enticing odor of sardine oil that is on the floor of the barge, possibly from the shoes of an unsuspecting zookeeper. The barge is floating in fresh water, which has a density of 1000 kg/m3. When the barge is empty, it floats with 80% of its volume submerged....

A firm is considering Projects S and L, whose cash flows are shown below. These projects...

A firm is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable. The CEO wants to use the IRR criterion, while the CFO favors the NPV method, and you were hired to advise the firm on the best procedure. If the CEO's preferred criterion is used, how much value will the firm lose as a result of this decision? WACC: 13.00% 0 1 2 3 4 CFS -$1,025...

1-The price elasticity of demand for furniture is estimated at 1.3. This value means a one...

1-The price elasticity of demand for furniture is estimated at 1.3. This value means a one percent increase in the A.price of furniture will decrease the quantity of furniture demanded by 1.3 percent. B.price of furniture will increase the quantity of furniture demanded by 1.3 percent. C.quantity of furniture demanded will decrease the price of furniture by 1.3 percent. D.quantity of furniture demanded will increase the price of furniture by 1.3 percent. 2.An advance in technology lowers the price of...

3 elastic balls (with masses m1,m2,m3) at rest are lined up along a straight line on...

3 elastic balls (with masses m1,m2,m3) at rest are lined up along a straight line on a smooth plane. At t=0, ball 1 moves along the line at velocity v1. Assume v1,m1 and m3 are given. Find the mass of the second ball (m2) such that the 3rd ball is at max velocity after the collisions.

Blue Ink, Inc has the following unadjusted account balances at year end December 31, 2017 Cash...

Blue Ink, Inc has the following unadjusted account balances at year end December 31, 2017 Cash 430,000 Accounts Receivable 2,000 Prepaid Insurance 14,000 Prepaid Rent 22,000 Equipment 60,000 Accumulated Depreciation - Accounts Payable 10,000 Common Stock 16,000 Sales Revenue 823,100 Wage Expense 290,400 Utilities Expense 11,200 Insurance Expense 8,500 Rent Expense 11,000 Depreciation Expense - At year-end Blue Ink, Inc. makes adjusting journal entries to properly record revenue and expenses. The following information applies to the adjusting journal entries. a....

1. You are to administer 15 units of regular Insulin and 45 units of NPH. How...

1. You are to administer 15 units of regular Insulin and 45 units of NPH. How do you draw this up? How many total units? Mark the syringe. Insulin is in multi-dose vials 100 units per 1 mL. How long may we use Insulin once opened?

You build several models predicting job performance (sales dollars in thousands) as a function of years...

You build several models predicting job performance (sales dollars in thousands) as a function of years of industry experience. The parameter estimate is .50 (p < .0001) for a simple linear regression and .50 (p<.0001) when including three other predictors (education level, SAT score, and age) in a multiple linear regression. What does the .5 mean in the simple linear regression? What does the .5 mean in the multiple linear regression?

A letter offers one $1,000 prize, one $500 prize, and one $100 prize. One though sand...

A letter offers one $1,000 prize, one $500 prize, and one $100 prize. One though sand tickets are sold at $3 each. Find the expected value if person buys one ticket

b. An auditor discovers that a client’s accounts receivable turnover is substantially lower for the current...

b. An auditor discovers that a client’s accounts receivable turnover is substantially lower for the current year than for the prior year. This trend may indicate that (1) the client recently tightened its credit-granting policies. (2) employees have stolen inventory just before year-end. (3) fictitious credit sales have been recorded during the year. (4) an employee has been lapping receivables in both years.

Week 6 - Question 1 (10 marks) Polyester is a direct or of Style Pty.  Limited involved...

Week 6 - Question 1 Polyester is a direct or of Style Pty.  Limited involved in making women's clothing . Situation 1. She arranges with the company's bank to transfer an amount of $65000 from the company account into a personal bank account held by her in her own name. She uses the funds to finalise some outstanding personal debts. Situation 2. As a director she receives information that the company is in a serious financial position. She arranges to transfer...

Captive mink are farmed for their fur. Many mink are kept in small cages in barns....

Captive mink are farmed for their fur. Many mink are kept in small cages in barns. Distemper is a viral disease that can be deadly to mink and other mammals. Wild mink can pass this virus to farmed mink if they get into the barns. Strains of distemper found in wild mink rarely cause serious disease in their hosts. However, distemper strains found on affected mink farms are often very deadly, sometimes wiping out all of the animals on the...

The random sample shown below was selected from a normal distribution. 5 ​, 3 ​, 7...

The random sample shown below was selected from a normal distribution. 5 ​, 3 ​, 7 ​, 6 ​, 6 ​, 9 Complete parts a and b. a. Construct a 99 ​% confidence interval for the population mean mu . left parenthesis nothing comma nothing right parenthesis ​(Round to two decimal places as​ needed.) b. Assume that sample mean x overbar and sample standard deviation s remain exactly the same as those you just calculated but that are based on...

You want to save €150 a month to buy a car costing €5,000. How long will...

You want to save €150 a month to buy a car costing €5,000. How long will you have to save if interest rates are 0.5% a month

Wagon wheel. While working on your latest novel about settlers crossing the Great Plains in a...

Wagon wheel. While working on your latest novel about settlers crossing the Great Plains in a wagon train, you get into an argument with your co-author regarding the moment of inertia of an actual wooden wagon wheel. The 70-kg wheel is 120-cm in diameter and has heavy spokes connecting the rim to the axle. Your co-author claims that you can approximate using I = MR2(like for a hoop) but you anticipate I will be significantly less than that because of...

Shown below is activity for one of the products of Broken Bow Office Equipment: Units Cost/Unit...

Shown below is activity for one of the products of Broken Bow Office Equipment: Units Cost/Unit Total Cost January 1 balance 500 $55 $27,500 Purchases: 10-Jan 500 60 20-Jan 1,000 63 Sales: 12-Jan 800 28-Jan 750 Required: Compute the January 31 ending inventory and cost of goods sold for January, assuming Broken Bow uses the FIFO inventory method. Use the Excel file template provided.

Draw the prisoners dilemma payoff matrix. What are the dominant strategies in this game?

Draw the prisoners dilemma payoff matrix. What are the dominant strategies in this game?

The use of regression analysis as it relates to the improvement of forecasting. Answer the following...

The use of regression analysis as it relates to the improvement of forecasting. Answer the following question: What are some ways companies in the real-world do this? You can show actual information put out by a business, or you can use a news article to explain this, but please also reference the textbook as you do so.