Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Phoenix Industries has pulled off a miraculous recovery. Four years ago it was near bankruptcy. Today, it announced a $1 per share dividend to be paid a year from now, the first dividend since the crisis. Analysts expect dividends to increase by $1 a year for another 2 years. After the third year (in which dividends are $3 per share) dividend growth is expected to settle down to a more moderate long-term growth rate of 8%. If the firm's investors expect to earn a return of 16% on this stock, what must be its price? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Web Cites Research projects a rate of return of 20% on new projects. Management plans to plow back 30% of all earnings into the firm. Earnings this year will be $6 per share, and investors expect a rate of return of 12% on stocks facing the same risks as Web Cites.
a. What is the sustainable growth rate?
b. What is the stock price?
c. What is the present value of growth opportunities (PVGO)?
d. What is the P/E ratio?
e. What would the price and P/E ratio be if the firm paid out all earnings as dividends?
Discuss why organisations report their sustainability performance, particular when in many countries such reporting is voluntary.
An investor invested a total of $2,600 in two mutual funds. One fund earned a 7% profit while the other a 3% profit. If the investor's total profit was $138, how much was invested in each mutual fund? The amount that was invested in the mutual fund t..
What is the increase or decrease in liabilities of Hodges as of October 31, 2013?
What is a Business Activity Statement (BAS)? How often does a company need to issue this statement? What type of businesses are required to submit a BAS
Prepare the company's Sales Budget and Production Budget. Albert Inc. ("the company") needs your help with preparing their operating budgets for the coming year
Whose net book value and fair value are $500,000 and $800,000, respectively. At what amount is the building reported on the consolidated balance sheet?
Basic Motor Corporation uses target costing. Assume that Basic marketing personnel estimate that the competitive selling price for the QuikCar in the upcoming model year will need to be $23,300. Assume further that the QuikCar's total unit cost for t..
BB (Pty) Ltd, Recognise the all the transactions above as journal in the accounting records of BB (Pty) Ltd which relate to the trademark
Advise Trina on starting her new business versus continuing as an employee. Also, provide any business recommendations you can, with detailed analysis
Expected variable cost for July 2020: Direct materials R20 per unit and Direct labour R10 per unit. Calculate the marginal income per unit
Compare the relative risks of the two companies. Compute the operating breakeven point ( units& dollars) for Company M and N
A new assistant controller was heard saying, "All the assembly workers in this plant are covered by union contracts, so there should be no labor variances." Was the controller's remark correct? Why? Would the use of standards be appropriate in a nonm..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd