For the past six years, the stock price of Slippery Rock Mining has been increasing at a rate of 7.3 percent per year. Currently, the stock is selling for $77 per share and has a required return of 9.5 percent. What is the dividend yield

Answers

Answer 1

Answer: 2.2%

Explanation:

The dividend yield base on the information given in the question will be calculated as the difference between the required return on the stock and the growth rate. This will be:

= 9.5% - 7.3%

= 2.2%

Therefore, the dividend yield is 2.2%.


Related Questions

Question 6 (1 point)
Lauren has a job interview next week for an accounting position. Which of the
following would be LEAST important to prepare?

Answers

Based on the fact that Lauren has an interview for an accounting position, the least appropriate to prepare is her FB profile.

What should be prepared for a job interview?

Lauren is going for her job interview and should prepare her resume and cover letter. These two things will show her skills, training, and reasons why she should be employed for the accounting position.

The Linked profile will provide additional information for the employer if they want to see more about her social activities. Lauren's FB profile is the least appropriate to prepare as this is her personal life and should not be monitored by employers.

Options for this question:

resumeLinked profileFb profilecover letter

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Amanda's utility function is given by the equation u=10x+27, where x is the only good she is interested in purchasing. Given this information, what would Amanda's utility level be if she consumed one unit of x?

Answers

Answer:

37

Explanation:

From the given information;

if the utility function is given by:

u = 10x + 27

where;

x = one unit ( i.e. the quantity of the good she is interested in buying)

Then,

u = 10 (1) + 27

u = 10 + 27

u = 37

Thus, Amanda utility level if she consumed one unit of x = 37

Suppose a change in health care laws increases the cost of hiring an employee. We can expect output in the short run to __________ and output in the long run to __________.

Answers

Answer: decrease, be unaffected.

Explanation:

We should note that the output in the short run can be expected to reduce in the short run. This is due to the increase in the cost of employing an employee as there's at least a fixed input in the short run.

Subsequently, since the output is variable in the long run and not fixed like that of the short run, the output won't be unaffected in the long run.

what are the basic parts of business letter?​

Answers

Answer:

1. Opening of Business Letter.
2. The heading.
3. The inside address.
4. The salutation.
5. The punctuation mark.
6. Main body.
7. Conclusion.
8. Appropriate way to end it.
9. Signature. (Closing part)

It is a baked staple food made from flour,liquid and other ingredients

a. cakes
b.biscuit
c.cookies
d.muffins

Answers

D. Muffins

(I'm only in 7th grade, sorry if it is wrong.)

It can't be biscuits or cookies, since they require way more items. It is reasonable to choose muffins, since it doesn't need as much ingredients as cake.

A Golf company detemined that the budgeted cost of producing a product is $30 per unit. On June 1, there were 60,000 units on hand, the sales department budgeted sales of 225,000 units in June, and the company desires to have 90,000 units on hand on June 30. The budgeted cost of goods sold for june would be:_____.

Answers

Answer:

Budgeted cost of goods sold = $7,650,000

Explanation:

Computation table for budgeted cost of goods sold

Particular                                          Amount

Total Sales                                 225,000

Add: Desired stock in hand         90,000

Less: Beginning stock             60,000  

Budgeted production                 255,000

Budgeted cost of goods sold = 255,000 x $30

Budgeted cost of goods sold = $7,650,000

How would you handle the situation if you were Thomas Green? What strategies and methods would you use (Discuss in specific context of the Power and Conflict lecture)

Answers

Who is Thomas Green???

Aracel Engineering completed the following transactions in the month of June.

J. Aracel, the owner, invested $150,000 cash, office equipment with a value of $9,700, and $80,000 of drafting equipment to launch the company in exchange for common stock.
The company purchased land worth $58,000 for an office by paying $7,600 cash and signing a note payable for $50,400.
The company purchased a portable building with $57,000 cash and moved it onto the land acquired in b.
The company paid $2,000 cash for the premium on an 18-month insurance policy.
The company provided services to a client and collected $6,200 cash.
The company purchased $28,000 of additional drafting equipment by paying $11,800 cash and signing a note payable for $16,200.
The company completed $19,500 of services for a client. This amount is to be received in 30 days.
The company purchased $1,300 of additional office equipment on credit.
The company completed $22,000 of services for a customer on credit.
The company purchased $1,328 of TV advertising on credit.
The company collected $6,000 cash in partial payment from the client described in transaction g.
The company paid $1,700 cash for employee wages.
The company paid $1,300 cash to settle the account payable created in transaction h.
The company paid $955 cash for repairs.
The company paid a $9,670 cash dividend.
The company paid $1,300 cash for employee wages.
The company paid $4,200 cash for advertisements on the Web during June.

Answers

The journal entries for the June transactions by Aracel Engineering are as follows:

Journal Entries:

Debit Cash $150,000

Debit Office Equipment $9,700

Debit Drafting Equipment $80,000

Credit Common Stock $239,700

Debit Land $58,000 Csh $7,600

Credit Note Payable $50,400

Debit Building $57,000

Credit Cash $57,000

Debit Prepaid Insurance $2,000

Credit Cash $2,000

Debit Cash $6,200

Credit Service Revenue $6,200

Debit Drafting Equipment $28,000

Credit Cash $11,800

Credit Note Payable $16,200

Debit Accounts Receivable $19,500

Credit Service Revenue $19,500

Debit Office Equipment $1,300

Credit Accounts Payable $1,300

Debit Accounts Receivable $22,000

Credit Service Revenue $22,000

Debit Advertising Expense $1,328

Credit Accounts Payable $1,328

Debit Cash $6,000

Credit Accounts Receivable $6,000

Debit Wages expense $1,700

Credit Cash $1,700

Debit Accounts Payable $1,328

Credit Cash $1,300

Credit Cash Discounts $28

Debit Repairs Expense $955

Credit Cash $955

Debit Dividend $9,670

Credit Cash $9,670

Debit Wages expense $1,300

Credit Cash $1,300

Debit Advertising expense $4,200

Credit Cash $4,200

Transaction Analysis:

Cash $150,000 Office Equipment $9,700 Drafting Equipment $80,000 Common Stock $239,700

Land $58,000 Csh $7,600 Note Payable $50,400

Building $57,000 Cash $57,000

Prepaid Insurance $2,000 Cash $2,000

Cash $6,200 Service Revenue $6,200

Drafting Equipment $28,000 Cash $11,800 Note Payable $16,200

Accounts Receivable $19,500 Service Revenue $19,500

Office Equipment $1,300 Accounts Payable $1,300

Accounts Receivable $22,000 Service Revenue $22,000

Advertising Expense $1,328 Accounts Payable $1,328

Cash $6,000 Accounts Receivable $6,000

Wages expense $1,700 Cash $1,700

Accounts Payable $1,300 Cash $1,300 Cash Discounts $28

Repairs Expense $955 Cash $955

Dividend $9,670 Cash $9,670

Wages expense $1,300 Cash $1,300

Advertising expense $4,200 Cash $4,200

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Question Completion:

Journalize the transactions

A corporation: Select one: A. Is less costly to organize than a partnership B. Is subject to less regulation and supervision than a partnership C. Is subject to federal income taxes on its earnings, whereas a partnership is not D. Has an owner's capital account for each owner, whereas a partnership does not

Answers

Answer:

A corporation:

C. Is subject to federal income taxes on its earnings, whereas a partnership is not.

Explanation:

The other options fit a partnership more than a corporation.  The chief advantages of a corporation over a partnership are the limited liability status of the shareholders of a corporation, which benefits all the shareholders and secondly, the corporation is a separate legal entity from the owners.  This second advantage allows professional managers to lead the company.  With respect to federal income taxes on the earnings, the corporation is taxed directly on its earnings and shareholders also pay taxes on their income from all sources (unless it is an S-corporation), while partners in a partnership enjoy pass-through taxation of their partnership earnings.

Benefits like improved water quality and air quality, increases in biodiversity and habitat protection, and reductions in greenhouse gases (GHG), are all inherent in a strategy that protects and preserves land

Answers

Explanation:

This statement is correct. In reference to organizations, we can say that environmental management is increasingly a requirement for stakeholders when relating to a company, so there is an exponential growth of companies that seek to adopt more sustainable parameters in their production processes in order to reduce their impacts by environment to thus demonstrate to consumers and investors a company image that is concerned with positively developing society.

So there are some barriers that make the adoption of environmental processes more difficult in organizations, such as the difficulty of measuring environmental impacts, since many factories pollute the air in their production processes, for example, which is a factor that is difficult to measure.

The companies' focus then is to significantly reduce these impacts, and not just quantify them, this can be done through environmental programs, such as the Environmental Management System and ISO 14000 standards, which standardize processes and provide policies and procedures for the organization to adapt and achieve continuous improvement in its processes that contribute to the improvement of the environment as a whole.

Factors affecting communication in a an organization

Answers

FACTORS AFFECTING COMMUNICATION

Status / Role.

Cultural differences .

Choice of communication channel .

Length of communication .

Use of language .

Individual Perceptions / Attitudes / Personal

Data from Fontecchio Corporation's most recent balance sheet appear below:
Cash $ 37,000
Marketable securities $ 39,000
Accounts receivable $ 97,600
Inventory $ 77,000
Prepaid expenses $ 32,000
Current liabilities $ 248,000
The corporation's acid-test ratio is closest to:_______
a. 0.56
b. 0.37
c. 0.19
d. 0.35

Answers

Answer:

the acid test ratio is 0.7 times

Explanation:

The computation of the acid test ratio is shown below;

Acid test ratio is

= Quick assets ÷ current liabilities

= (Cash + marketable securities + account receivable) ÷ current liabilities

= ($37,000 + $39,000 + $97,600) ÷ ($248,000)

= 0.7

Hence, the acid test ratio is 0.7 times

This is the answer but the same is not provided in the given options

Which Energy career pathways work with renewable energy? Check all that apply.
Energy Conversion
Energy Generation
Energy Analysis
Energy Transmission
Energy Distribution

Answers

Answer:

2, 4, 5 :D

Explanation:

\(◕ヮ◕)/ *screeches yw* \(◕ヮ◕)/

Answer:

2,4,5 :D

Explanation:

If you invest $1,600 at the end of every year for four years at an interest rate of 14%, the balance of your investment in 4 years will be closest to:____________

Answers

Answer:

If you invest $1,600 at the end of every year for four years at an interest rate of 14%, the balance of your investment in 4 years will be closest to:____________

$7,873.83

Explanation:

a) Data:

Annual investment = $1,600

Interest rate = 14%

Number of period = 4 years

b) Calculations, using an online finance calculator:

FV (Future Value) $7,873.83

PV (Present Value) $4,661.94

N (Number of Periods) 4.000

I/Y (Interest Rate) 14.000%

PMT (Periodic Payment) $1,600.00

Starting Investment $0.00

Total Principal $6,400.00

Total Interest $1,473.83

c) The investment of $1,600 at the end of every year for fours will grow to $7,873.83 with the principal amount of $6,400 ($1,600 * 4) plus compounded interest of $1,473.83.

Consumers may keep as a gift any unordered merchandise that they receive in the mail. Group of answer choices True False

Answers

Answer: True

Explanation:

It should be noted that Consumers may keep as a gift any unordered merchandise that they receive in the mail based on what was noted by the Federal Trade Commission.

Any good that one receive but didn't order can be decided to be kept by the person and one won't be forced or told to pay for it by the company that sent it. One can let the company know about it though but in case one doesn't, one can't be forced to pay.

Do all companies need to be audited?

Answers

Answer:

no

Explanation:

companies of a certain size and that make a certain amount from their profits

Decision Point: Choosing a Different Strategy

In the next meeting with the CEO you begin discussing the plan for revitalizing Decathlonwear's sales. She does not support your recommendation.



"Given the fact that we have consumer behavior insights that show that consumers are not willing to sacrifice functionality for a sustainable product choice, I think we need to re-evaluate your recommendation."



You now need to develop an alternative strategy. Which should you choose?



Select an option from the choices below and click Submit.


Social media campaign: Invest in a social media campaign to strengthen the relationship with Decathlonwear's customers.


Athleisure: Promote the current product line to target consumers looking for athleticwear to wear as everyday wear.

Answers

On basis of alternative strategy i would choose Social media campaign:   Invest in a social media campaign to strengthen the relationship with Decathlon wear's customers.

Social media campaign :

A social media campaign is a planned marketing effort to reinforce or assist with a business predefined goal using one or more social media platform's. Campaigns are  different  from everyday social media efforts as they keep eye on their increased focus, targeting and measurability.

Why social media campaign is important?

Using social media will allow us  to reach your target audience, engage with current and potential customers, create brand loyalty, increase in website traffic, and drive sales.

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Professionals with careers in the administrative support pathway typically have salaries which are _____ other careers.

Equal to

Lower than

Higher than

Answers

Professionals with careers in the administrative support pathway typically have salaries which are Higher than other careers.

The administrative support pathway covers careers that assist corporate operations through a range of administrative and clerical tasks, such as project management, data processing and gathering, and information and communication management.

This indicates that the position is highly sought after and that demand for it is steady because it is not reliant on a particular industry. A lot of administrative assistants enjoy successful, lengthy careers. Transferable administrative skills exist. You can use your abilities at any kind of business and in any industry, providing you a wider range of work opportunities.

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the answer is C, higher than

Papa PePe's Pizza purchased a used pizza oven for $9785. The company makes a down payment of $1000 and agrees to 36 monthly payments of $278.45 per month. Find the total finance charge.

Answers

Answer:

$1,239.2

Explanation:

finance charge refer the cost of using credit funds. It is the total amount a borrower pays to lender on top of the amount borrowed.

In this case, the total amount the customer paid for the oven

The deposit $1000.00

Monthly installment; $278.45 x 36= $10,024.2

Total amount paid =$278.45 +$10,024.2

=11,024.2

finance charge =  total amount paid - cost of the item

= $11,024.2 - $9,785.

=$1,239.2


2. A sample of 81 observations is taken from a normal population with a standard deviation of
5. The sample mean is 40. Determine the 95% confidence interval for the population mean.

Answers

If a sample of 81 observations are taken from a normal population. The sample mean is 40, and the sample standard deviation is 5. The 95%  confidence interval for the population mean is: 38.911, 41.089.

Confidence interval

Using this formula

Confidence interval=Sample means± (z-score× Standard deviation/√Sample size)

Let plug in the formula

The corresponding z-scores for 95% confidence interval is ± 1.96

Hence:

Confidence interval=40± (1,96×5÷√81)

Confidence interval=40± (1.96×5÷9)

Confidence interval=40± (1.96×0.5555)

Confidence interval=40± 1.089

Confidence interval=(40-1.089); (40+ 1.089)

Confidence interval=38.911, 41.089

Therefore If a sample of 81 observations are taken from a normal population. The sample mean is 40, and the sample standard deviation is 5. The 95%  confidence interval for the population mean is: 38.911, 41.089.

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If a person has ATM fees each month of $18 for 6 years, what would be the total cost of those banking fees?

Answers

Based on the cost of the ATM fees per month, the total cost of the banking fees in 6 years is  $1,296

What is the total of the banking fees?

The total fees charged by the bank as ATM fees can be solved by the formula:

= Fees per month x number of months

Solving for the total fees charged by the bank gives:

= 18 x 6 x 12 months a year

= 18 x 72

= $1,296

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A common bracket can be purchased in large quantities for $0.67. The company can make the bracket at a variable cost of $0.41 by buying a machine for $33,000. Demand over the next two years (the anticipated life of the product and machine) is estimated to be normally distributed with mean 100,000 units and a standard deviation of 10,000 units. Would you recommend making or buying this bracket?

Answers

Answer:

we recommnend to buy this bracket

Explanation:

The computation is shown below:

Given tyhat

Buying cost of the machine = $33,000 = x

x_1 = $0.67

And, x_2 = $0.41

Now the break even point is

X = x ÷ (x_1 - x_2)

= $33,000 ÷ ($0.67 - $0.41)

= 126,923 units

Therefore

Probability  (Demand > Break even point)

= 1 - [tex]\phi[/tex] ($126,923 - 100,000) ÷ 10,000

= 1 - [tex]\phi[/tex] (2.69)

= 0.36%

where

[tex]\phi[/tex] = function of cumulative distribution of N (0,1)

Therefore the probability is that it makes economically the items would be lesser

Thus, we recommnend to buy this bracket

Which of the following should men avoid wearing in the workplace?
OA. Bow ties
OB. Jeans
C. Sweaters
OD. Sandals

Answers

Answer:

D. Sandals

Explanation:

Sandals aren't a preferred clothing item when going into a workplace, it's more informal than the other options provided.

( A salesperson is trying to decide which element of the sales presentation mix to emphasize in a particular presentation . She wants to make sure her communication will resonate with the prospect What term describes the process this salesperson is going through ?

Answers

Answer:

she is trying to persuade the people to buy her products.

Explanation:

if you persuade the person the people

Consider an Erlang loss system. The average processing time is 3 minutes. The average interarrival time is 4 minutes. The number of servers is 2. What is the rate of lost demand in customers per hour?
A. 1.33
B. .65
C. 1.5
D. 2

Answers

Answer:

D. 2

Explanation:

The computation of the rate of lost demand is shown below;

Given that

p = 3

a = 4

M  =2

Now

r = p ÷ a

=3 ÷ 4

= 0.75

Now determine the value from the erlang table having r = 0.75 and M = 2

= 0.123  

Now,

The  Rate of lost demand is

= demand rate × 0.123 × 60minutes

= (1 ÷ 4) × 0.123 × 60

= 1.845 or 2

= 2

Hence, the correct option is d.

The calculated rate of lost demand in customers per hour is 2.

Given Data

Average processing time (p) = 3

Average interarrival time (a) = 4

Number of servers (m)  =2

r = p/a

r = 3/4

r = 0.75

The value derived from erlang table having r = 0.75 and M = 2 is 0.123.

 

The formula to be used to derive the Rate of lost demand is {Demand rate * P(r,m) * 60 minutes)

Rate of lost demand = (1/4) * 0.123 * 60

Rate of lost demand = 1.845

Rate of lost demand =  2

Therefore, the Option D is correct because the calculated rate of lost demand in customers per hour is 2.

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A well-defined road map to achieving a career goal is a/an: ​

Answers

Answer:

A career plan

Explanation:

A career plan is kinda like a road map for achieving your career goals!

Hope this helps and peace and love

Legal status of a person or entity that cannot repay the debts they oweStays on credit report for 7 years

Answers

Answer:

i think its 5

Explanation:

because the overtime of this will add up

Which of the following conditions would prevent an ironworker from doing the job?


claustrophobia

presbyopia

muscle aches

vertigo

Answers

Answer:

Muscle A

Explanation:

Well they require to build bridges or roads like reinforce it. So if a worker had muscle aches then it would be a pain to lift up big chunks of metal steel etc. Pardon me if I'm wrong..

Answer:

vertigo

Explanation:

ironworkers build structures for things like bridges and work at great heights. vertigo is a sensation of loss of balance that can happen from looking down from high heights or an ear disease.

The costs of services charged to a profit center on the basis of its use of those services are:__________a. support department allocationsb. noncontrollable chargesc. activity chargesd. operating expenses

Answers

Answer:

a. support department allocations

Explanation:

These costs are known as support department allocations or service department charges. Every company tends to have these costs since this applies to any department or third party which provides the company with a service. Many times this mainly refers to manufacturing departments and production departments since both provide a service that every company needs in order to obtain their desired product.

When creditors, managers, and investors look at expenses as a percentage of revenue, they are __________.

Answers

Answer:

Doing a financial statement analysis.

Explanation:

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

Financial statement analysis can be defined as the process of analyzing, estimating and reviewing the financial statements of a business firm or organization in order to make better economic decisions and profits in the future.

Hence, when creditors, managers, and investors look at expenses as a percentage of revenue, they are doing a financial statement analysis.

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