Gentleman Gym just paid its annual dividend of $3 per share, and it is widely expected that the dividend will increase by 5% per year indefinitely.
A. What price should the stock sell at? The discount rate is 15%.
B. How would your answer change if the discount rate was only 12%? Why does the answer change?
Answers: 2
Business, 22.06.2019 11:40
In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?
Answers: 2
Business, 22.06.2019 22:30
Ski powder resort ends its fiscal year on april 30. the business adjusts its accounts monthly, but closes them only at year-end (april 30). the resort's busy season is from december 1 through march 31. adrian pride, the resort's chief financial officer, the museums a close watch on lift ticket revenue and cash. the balances of these accounts at the end of each of the last five months are as follows:
Answers: 3
Business, 23.06.2019 08:00
Wriston company is preparing its cash budget for the upcoming month. the beginning cash balance for the month is expected to be $15,000. budgeted cash disbursements are $72,500, while budgeted cash receipts are $89,600. wriston company wants to have an ending cash balance of $30,000. the excess (deficiency) of cash available over disbursements for the month would be
Answers: 2
Gentleman Gym just paid its annual dividend of $3 per share, and it is widely expected that the divi...
History, 17.07.2019 19:30
Mathematics, 17.07.2019 19:30
Mathematics, 17.07.2019 19:30
Mathematics, 17.07.2019 19:30
Biology, 17.07.2019 19:30
Mathematics, 17.07.2019 19:30
Geography, 17.07.2019 19:30
Mathematics, 17.07.2019 19:30