Jones Boats plans to pay a $6.51 a share dividend at the end of each of the next 2 years. At the end of year 3, it will pay a final liquidating dividend of $24.38 a share. After that, the company plans to close its doors permanently. What is the current value of this stock at a discount rate of 8 percent

Which of the following mechanisms would be most likely to motivate managers to act in the best interests of shareholders? a) decrease the use of restrictive covenants in bond agreements, b) take actions that reduce the possibility of a hostile takeover, c) elect a board of directors that allows managers greater freedom of action, d) increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries, e) eliminate a requirement that members of the board directors have a substantial investment in the firm's stocks

The simple interest in a loan of $200 at 10 percent interest per year is

You speak to a business owner that is taking in almost $2000 in revenue each month. the owner still says that they are having trouble keeping the doors open. how can that be possible? use the terms of revenue, expenses and profit/loss in your answer