The high growth company last dividend

Assignment Help Managerial Accounting
Reference no: EM13939064

The High Growth Company's last dividend was $1.50. The dividend growth rate is expected to be constant at 30% for 3 years, after which dividends are expected to grow at a rate of 6% forever. If High Growth's required rate of return is 13%, what is the company's current stock price?

Reference no: EM13939064

Questions Cloud

Design and code an ansi standard c program : Design and code an ANSI Standard C program which enhances the code below only so as to make it a modular program. (each of the program four tasks of ask, get, alter and display are now separate functions).
Assume the average word is five letters long : Many computers use one byte (8 bits) of data for each letter of the alphabet. There are 44 millions words in the Encyclopedia Brittanica.(a) What is the bit density (bit/in^2) of the head of a pin if the entire encyclopedia is printed on it? Assume t..
Research the history of graphic novels : Research the history of graphic novels. where did they orginate? what defines a graphic novel? how have graphic novels evolved over the past 50 years
What is the probability of two faces : A dice has one face painted in red, two other faces painted in blue, and the other three faces painted in green. If we throw the dice twice, what is the probability of two faces upward show the same color?
The high growth company last dividend : If High Growth's required rate of return is 13%, what is the company's current stock price?
Investment in expatriate management assignments : You are the vice president of a large multinational corporation. You are tasked with developing a ‘business case' to justify the ongoing investment in expatriate management assignments.
Visualization of behaviour of autonomic systems and services : Topic: "Knowledge representation and visualization of behaviour of autonomic systems and services"Your report will be on current research in that topic area.
Write the decimal equivalents for these ieee floating point : Write the result of the following addition as both 8-bit binary and decimal numbers. For each part, use standard binary
Calculate the loss rate for each year : Calculate the loss rate for each year from 2006 through 2009. Determine whether there appears to be a significant change in the loss rate over time.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Determine the company break-even point

Green with Envy provides environmentally friendly lawn services for homeowners. Its operating costs are as follows.

  Why did knut need to introduce the new performance measures

Why did Knut need to introduce these new performance measures? That is, why does he need to use these performance measures over and above the operating profit numbers for the period?

  Show how the dividend would be allocated

A corporation has 100 shares of $100 par common stock outstanding and 100 shares of $50 par preferred stock, 8%. The total dividend declared is $30,000 and the preferred stock is fully participating. Show how the dividend would be allocated.

  Management accounting:-reconcile the absorption costing

Mistry Company manufactures a line of electric garden tools that are sold in general hardware stores.

  Describe key elements that you would include in scorecard

Is Snyder's strategy one of product differentiation or cost leadership? Explain briefly. Describe briefly key elements that you would include in Snyder's balanced scorecard and your reasons for doing so.

  Prepare the investing activities section

On January 1, 2013, Poole Company had a balance of $178,000 in its Land account. During 2013, Poole sold land that had cost $71,000 for $95,000 cash.

  Determine the net income for the quarter april

Determine the net income for the quarter April 1 to June 30 - determine the total assets and total liabilities at June 30, 2012 for Kreutz Company.

  Calculate the firms break-even point

Calculate the firm's break-even point in units of production and predict the firm's profitability if volume is 1,200 units.

  Incurred actual total manufacturing overhead costs

The company incurred actual total manufacturing overhead costs of $249,000 and 10,800 total direct labor-hours during the period. Required: Determine the amount of manufacturing overhead that would have been applied to all jobs during the period.

  Demonstrated its social and environmental accountability

Discuss the way in which BHP Billiton has demonstrated its social and environmental accountability and discuss the stance and initiatives of the Australian accounting profession on corporate social responsibility

  Cvp analysis of detroit disk

Detroit Disk, Inc. is a retailer for digital video disks. The projected net income for the current year is $600,000 based on a sales volume of 400,000 video disks. Calculate Detroit Disk's break-even point for the current year in number of video di..

  You have recently hired a new assistant susan thompson who

you have recently hired a new assistant susan thompson who previously worked in a financial accounting office preparing

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd