The next dividend payment by Hoffman, Inc., will be $2.85 per share. The dividends are anticipated to maintain a growth rate of 7.5% forever. Assume the stock currently sells for $49.30 per share. A. What is the dividend yield?B. What is the expected capital gains yield?

Answers

Answer 1

Answer:

A. Dividend yield;

= Next Dividend / Stock price

= 2.85/49.30

= 5.78%

B. Expected capital gains yield.

The stock price is going to increase by the amount that the dividend increases by so the capital gains yield will be the same as the growth rate which is;

= 7.5%


Related Questions

Increased government spending for investments such as highways or harbors financed by increasing the public debt would most likely:____________

Answers

Answer:

Complement private investment

Explanation:

Increased government spending for investments such as highways or harbors financed by increasing the public debt would most likely regulate economic growth and create additional employment opportunities.

The government stimulates the economy by investments in infrastructure projects like highways and harbors, which boosts demand for goods and services. Increasing output in response to this higher demand may result in the creation of new jobs.

It's crucial to remember that the effects of higher government spending and public debt on the economy can vary depending on a number of variables, including the general state of the economy, the effectiveness of the investments, and the capacity of the government to control the debt. Investments in infrastructure that are carefully aimed at specific needs can boost employment and economic growth.

Learn more about Investment here:

https://brainly.com/question/15105766

#SPJ4

Revenue from product Y is $6,000, variable costs are $4,000, and allocated fixed costs are $3,000. If you drop product Y in the long term, profit will:_____.a. increase by $2,000.b. increase by $1,000.c. decrease by $3,500.d. decrease by $100.e. decrease by $2,000.

Answers

Answer:

e. decrease by $2,000.

Explanation:

The computation of the profit is shown below:

Contribution margin = Sales revenue from product Y - variable cost

= $6,000 - $4,000

= $2,000

Since there is a contribution margin of $2,000 that absorbs the allocated fixed cost till $2,000 so in the case when the product is discontinued it falls the profit by $2,000

hence, the correct option is e.

Sandall and Schwartz describe six types of curriculum modifications that can help children with special needs participate fully; these include all EXCEPT:_______

a. Simplify activities.
b. Adaptive devices.
c. Specialized packaged and purchased curriculum.
d. Environmental support.

Answers

Answer:

Option C:specialized packaged and purchased curriculum.

Explanation:

It was a term from the building blocks curriculum (Sandall & Schwartz 2008). Specialized package are special programs for the children to aid their learning.

Programs that are good and help children grow Developmentally are based on What is known about how children develop and learn, individual differences between children, and qualities of their families and culture.

Developmentally good curriculum helps the various aspects of child development, individual differences, and the families and culture of the children in the program.

If a stock's P/E ratio is 13.5 at a time when earnings are $3 per year and the dividend payout ratio is 40%, what is the stock's current price?
A) $24.30
B) $18.00
C) $22.22
D) $40.50

Answers

Answer:

D) $40.50

Explanation:

The computation of the stock current price is as follows:

Stock price is

= Price earning ratio  × Earning per share

= 13.5 × $3

= $40.50

Hence, the stock current price is $40.50

Therefore the correct option is d.

We simply applied the above formula so that the correct value could come

And, the same is to be considered

List 5 Skills that demonstrate good professionalism:

Answers

Dealing with criticism, defensiveness, working under pressure, avoiding gossip, and dealing with negative feeling at least that’s what it says for me

A July sales forecast projects that 9,000 units are going to be sold at a price of $11.00 per unit. Management forecasts 2% growth in sales each month. Total August sales are anticipated to be:_______

a. $76,950.
b. $71,250.
c. $68,400.
d. $67,500.
e. $74,100.

Answers

Answer:

the expected august sales is $100,980

Explanation:

The computation of the expected august sale is shown below:

July Sales (9,000 units × $11 per unit) $99,000

Add: Growth ($99,000 × 2%) $1,980

Total August Sales $100,980

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

Hence, the expected august sales is $100,980

The same is to be considered

Wolf Company is giving a net bonus check of $500 to all of its employees. If each of the payments are subject to FIT (22% supplemental rate) and FICA taxes, but no state taxes, the gross amount of each bonus check would be

a. $662.75
b. $710.73
c. $663.75
d. $656.00
e. None of these choices are correct. ​

Answers

Answer:

e. None of these choices are correct.

Explanation:

Calculation for the gross amount of each bonus check

Using this formula

Gross amount=Net bonus/(1-Supplemental rate-

FICA taxes)

Note that FICA taxes includes :

Social Security tax = 6.2%

Medicare tax on earnings=1.45%

Let plug in the formula

Gross amount=$500/(1-22%-6.2%-1.45%)

Gross amount=$500/(1-14.35%)

Gross amount=$500/0.1335

Gross amount= $3,745.32

Therefore the gross amount of each bonus check would be $3,745.32

Wolf Company is giving a net bonus check of $500 to all of its employees. If each of the payments are subject to FIT (22% supplemental rate) and FICA taxes, but no state taxes, the gross amount of each bonus check would be

A 7.05 percent coupon bond with 25 years left to maturity can be called in eight years. The call premium is one year of coupon payments. It is offered for sale at $1,075.85. What is the yield to call of the bond? (Assume interest payments are semiannual.)

Answers

Answer:

Yield to call is 5.88% annually

Explanation:

The rate of return bondholders receives on a callable bond until the call date is called Yield to call.

Yield to Call = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

It is assumed that face value of Bond is $1,000

C = Coupon Payment = $1,000 x 7.05% x 6/12 = $35.25

F = Face value = $1,000

P = Call price = $1,075.85

n -= number of periods to call = 8 x 2 = 16 periods

Yield to Call = [ $35.25 + ( $1,000 - $1075.85 ) / 16 ] / [ ( $1,000 + $1075.85 ) / 2 ]

Yield to Call = [ $35.25 - 4.74 ] / $1,037.925

Yield to Call = $30.51 / $1,037.925

Yield to Call = 0.0294

Yield to Call = 2.94% semiannually

YTC = 2.94% x 12/6 = 5.88% annually

Activity rates from Mcelderry Corporation's activity-based costing system are listed below. The company uses the activity rates to assign overhead cost to products:
Processing customer orders $49.87 per order
Assembling products $2.88 per assembly hour
Setting up batches $18.26 per batch
Last year, Product Q06J involved 10 customer orders, 580 assembly hours, and 12 batches. How much overhead cost would be assigned to Product Q06J using the activity-based costing system?
a) 42,748.02
b) 2,388.22
c) 219.12
d) 71.01

Answers

Answer:

b) 2,388.22

Explanation:

Activity Cost Pool        Activity Rates                Activity   Overhead cost

Processing customer  49.87 per order                   10             498.7

orders

Assembling products   2.88 per assembly hour    580          1670.4

Setting up batches       18.26 per batch                    12            219.12

Total Overhead cost assigned                                               2,388.22

RetRyder Hand Trucks has a preferred share issue outstanding that pays a dividend of $1.30 per year. The current cost of preferred equity for RetRyder is 7.40 percent. If RetRyder issues additional preferred shares that pay exactly the same dividend and the investment banker retains 8.60 percent of the sale price, what is the cost of the new preferred shares for RetRyder?
What is the current price of preferred shares?

Answers

Answer:

Current price of preferred shares = P(ps)

= D/K(ps)

= $1.3 / 0.074

= 17.567568

= $17.56

Cost of preferred equity = Kps

= D / P(ps)*(1-f)

= $1.3 / $17.56(1 - 0.086)

= $1.3 / $16.04984

= 0.080998

= 8.09%

There are 200 units in inventory at the start of week 1. What are the net requirements in week 4 if there is a scheduled receipt of 100 units every other week and a two week production lead time?


1 2 3 4 5
Gross Requirements 550 450 400 400 500
Scheduled receipts 100 0 100 0 100
Projected ending Inventory
Net Requirements
Planned Receipts 350 450
Planned Orders 350 300

a. 250
b. 300
c. 350
d. 400

Answers

Answer:

a. 250

Explanation:

______________________ 1 _____ 2 _____ 3 _____ 4

Gross Requirements _____ 550 ___450 ____400 ___400

Scheduled receipts ______ 100 ____ 0 _____ 100 ___ 0  

Beginning Inventory _____ 200 ____100 ____ 100____150

Net Requirements  _______ 250____350____ 200____250

Planned Receipts ________350 ____450_____350 ___ 300

Projected Ending Inventory _100____ 100_____ 150____ 50

Planned Orders __________350 ___ 300_____300____ 0

The net requirement in week 4 is 250 units

Working

Formulas or calculations

Net Requirements = Gross requirements - Schedule receipts - Beginning Inventory

Projected Ending Inventory = PLanned receipt - Net requirements

Week 4

Net Requirements = Gross requirements - Schedule receipts - Beginning Inventory

PLacing values in the formula

Net Requirements = 400 - 0 - 150 = 250

The Patient Protection and Affordable Care Act subsidizes parts of the insurance industry in an attempt to lower insurance and health care costs.
O True
False

Answers

Answer:

the answer is true

Explanation:

The ________ is composed of department heads from both end-user and information systems areas.

a. project team
b. project management group
c. corporate strategic planning committee
d. IS steering committee system
e. planning committee

Answers

Answer:

d. IS steering committee system

Explanation:

The IS steering committee system is composed of department heads from both end-user and information systems areas.

Webster Corporation is preparing a master budget for the first quarter. The company budgets production of 2,980 units in January, 2,750 units in February and 3,490 units in March. Each unit requires 0.7 hours of direct labor. The direct labor rate is $14 per hour. Compute the budgeted direct labor cost for the first quarter budget.

Answers

Answer:

Total direct labor cost= $90,356

Explanation:

First, we need to determine the total direct labor hour for each month:

January= 2,980*0.7= 2,086

February= 2,750*0.7= 1,925

March= 3,490*0.7= 2,443

Total direct labor hours= 6,454

Now, the direct labor cost for the first quarter:

Total direct labor cost= 14*6,454

Total direct labor cost= $90,356

The beta of RicciCo.'s stock is 3.2, whereas the risk-free rate of return is 9 percent. If the expected return on the market is 18 percent, then what is the expected return on RicciCo.?a. 28.80%b. 48.60%c. 57.60%d. 37.80%

Answers

Answer:

d. 37.80%

Explanation:

Calculation for what is the expected return on RicciCo

Using this formula

Expected return = Risk free rate + Beta *(Market return - Risk free rate)

Let plug in the formula

Expected return = 9 + 3.2*(18-9)

Expected return = 9 + 3.2*9

Expected return= 37.80%

Therefore the expected return on RicciCo will be

37.80%

Campers Unlimited sells 15 campers in their slow months and 35 campers in their busy months. If Campers Unlimited wanted to develop a flexible budget, what interval should they use between each activity index?

A : 15 units

B : 5 units

C : 1 unit

D : 20 units

Answers

The answer is 5 units.

The Dodd Corporation, has 100,000 shares of common stock owned by its founder. Dodd owes $1,300,000 to its bank. Dodd has 11,400 customers. If the average ratio of total entity value to customers is $500 for a group of comparable public companies, what is its estimated stock value on a per share basis?

Answers

Answer:

$44 per share

Explanation:

The computation of the estimated stock value on a per share basis is shown below:

Total entity value is

= Total customer × average ratio

= 11,400 customers × $500

= $5,700,000

The value to the shareholder is

= Total value of the entity - debt

= $5,700,000 - $1,300,000

= $4,400,000

Now the estimated stock value on a per share basis is

= Value to the shareholder ÷ common stock shares

= $4,400,000 ÷ 100,000 shares

= $44 per share

Zeta Corporation is a manufacturer of sports caps, which require soft fabric. The standards for each cap allow 2.00 yards of soft at a cost of $2.00 per yard. During the month of January, the company purchased 25,000 yards of soft fabric at $2.10 per yard, to produce 12,000 caps. What is Zeta Corporation's materials price variance for the month of January? a. $2.000 F b. $2,000 U c. $2.500 F d. $2,500 U

Answers

Answer:

Direct material price variance= $2,500 favorable

Explanation:

Giving the following information:

The standards for each cap allow 2.00 yards of soft for $2.00 per yard. During January, the company purchased 25,000 yards of soft fabric at $2.10 per yard, to produce 12,000 caps.

To calculate the direct material price variance, we need to use the following formula:

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (2 - 2.1)*25,000

Direct material price variance= $2,500 favorable

Sarah and Jane formed a partnership with capital contributions of $210,000 and $123,000, respectively. Peter contributed $86,000 to acquire an ownership interest of 12% in the new partnership. How much is the total bonus for the existing partners?

Answers

Answer:

$35,720

Explanation:

The computation of the total bonus for the existing partners is shown below;

Total capital is

= $210,000 + $123,000 +$86,000

= $419,000

Now

Share of new partner

= $419,000 × 12%

= $50,280

But the actual amount that needs to pay is $86,000

So, the bonus would be

= $86,000 - $50,280

= $35,720

Hence, the  total bonus for the existing partners is $35,720

Huxley Building Supplies' last free cash flow was $1.75 per share . Its free cash flow growth rate is expected to be constant at 25% for 2 years, after which free cash flows are expected to grow at a rate of 6% forever. WACC is 12%. Huxley has $5 in short-term investments per share and $7 debt per share. What is the best estimate of the current intrinsic stock price?

Answers

Answer:

$40.6344 per share

Explanation:2.

Complete question "Huxley has $5 million in short-term investments and $7 million in debt and has 1 million shares outstanding. What is the best estimate of the current intrinsic stock price?"

Calculation of the value of firm is as below

Yr      Cash flow  Growth rate   New c.flow   Pv at 12%   Pv of cash flows

1            1.75                 25%            2.1875         0.893              1.9534

2           2.1875             25%            2.7344        0.797               2.1793

TCM                                                48.3083      0.797               38.5017

                                                      Value of firm                        42.6344

Note: TCM = Terminal cash floe = 2.7344*(1.06) / 12% - 6% = 48.3083 million

Now, Market value of firm = 42.6344 + 5 - 7 = 40.6344 million

Market price per share = $40.6344 million/1 million = $40.6344 per share

Snap On Inc has a beta of 2.67 and the expected market return is 0.19. In addition, Treasury bills (risk-free asset) are currently yielding 0.02. Find the expected return for Snap On Inc.

Answers

Answer: Expected Return = 0.47

Explanation:

Using the CAPM, The Capital Asset Pricing Model formulae , we have that  

Expected Return = Risk Free Rate + Beta(Market Return - Risk Free Rate)

Where

market return is 0.19

 Beta =2.67

risk-free asset= 0.02

Expected Return=0.02 +2.67 X (0.19 - 0.02)

=0.02 +2.67 X (0.17)

0.02 +0.4539

Required Return=0.47

Therefore Expected Return  for Snap On Inc is 0.47

Many people know the brand name BMW when thinking about automobile choices. This, or any, widely recognized brand name is a source of:________

a. A cost competitive advantage
b. Market augmentation
c. A product/service differentiation competitive advantage
d. A niche competitive advantage

Answers

Answer:

c. A niche competitive advantage

Explanation:

Note, the term niche is often synonymous with the term target market In other words, any widely recognized brand name like BMW has a niche competitive advantage, like been a luxury car, etc.

By niche, we mean when people think about a BMW they remember it's for the high-class persons, who fancy luxury cars, and there is this competitive advantage that arises as people long to get this high-class product.

Sunland Company purchased a new machine on October 1, 2017, at a cost of $80,360. The company estimated that the machine has a salvage value of $7,910. The machine is expected to be used for 70,800 working hours during its 7-year life. Compute the depreciation expense under the straight-line method for 2017 and 2018, assuming a December 31 year-end. (Round answers to 2 decimal places, e.g. 5,275.25.) 2017 2018 The depreciation expense under the straight-line method

Answers

Answer:

2017 = $2,587.50

2018 = $10,350

Explanation:

The computation of the depreciation expense using the straight line method for the year 2017 and 2018 are shown below:

As we know that

The formula to compute the depreciation expense under the straight-line method is

= (Purchased Cost - salvage value) ÷ useful life

For 2017 year

= ($80,360 - $7,910) ÷ 7 year

= $10,350

For 3 months, it is

= $10,350 × 3 ÷ 12

= $2,587.50

And, for 2018, it is $10,350

How long do financial records remain on your credit report?


Answers

approximately seven years

Last month Peggy Company had a $30,310 profit on sales of $350,000. Fixed costs are $92,190 a month. What sales revenue is needed for Peggy to break even? (Round your answer to the nearest dollar amount.)
A. $122,500
B. $380,310
C. $30,310
D. $263,400

Answers

Answer:

D. $263,400

Explanation:

Calculation for the What sales revenue is needed for Peggy to break even

First step is to calculate the contribution ratio

Contribution ratio=(30,310 + 92,190)/350,000

Contribution ratio= 35%

Second Step will be to calculate the Sales Revenue

Sales Revenue=92,190/35%

Sales Revenue= $263,400

Therefore What sales revenue is needed for Peggy to break even is $263,400

In central Florida, the demand for real estate has been increasing rapidly for years. Therefore, the _____ cost of capital is _____ in central Florida's orange groves.a) implicit;decreasingb) explicit;increasingc) implicit;increasingd) explicit;decreasing

Answers

Answer:

c) implicit;  increasing

Explanation:

Implicit cost may be defined as the cost that has already been occurred in the past but is not necessarily being shown or being reported as some separate expense. It is known by different names like the implied cost, imputed cost, etc. Implicit is something that is not said or mentioned clearly but is implied or suggested.

In the context, the demand for the real estate has increased rapidly in the recent years. Thus we can conclude that the implicit cost of the capital of people has increased in the orange groves of Central Florid.

An American student buys an airline ticket on the Royal Dutch Airlines, KLM. This enters the U.S. balance of payments accounts as a:_____.A. Credit in the financial account. B. Credit in the current account. C. Debit in the financial account. D. Debit in the current account.

Answers

Answer:

a

Explanation:

how to make the best of it and I will be there at last minute but I am not sure if I can make it to the meeting tonight but I will be there at last minute.

An American student buys an airline ticket on the Royal Dutch Airlines, KLM. This enters the U.S. balance of payments accounts as (A). Credit in the financial account.

So here is the explanation

Now let's understand the man, for example, let's give an example. Now, let's say you have his business owners, Mr. A and Mr. J. Who is Mr. Kay, the customer that Mr. A sells? From now on $ 100 OK Mr. J is Mr. A's trusted customer. Mr. J told Mr. Al that he would pay within two months of the three months.

Expense reports are ok. You have now identified three accounts. However, understanding this example is very questionable to arrive at a solution.

Learn more about credit financial at

https://brainly.com/question/13375913

#SPJ2

The sales level that results in a project's net income exactly equaling zero is called the _____ break-even.
A) operational
B) leveraged
C) accounting
D) cash
E) present value

Answers

Answer:

i think it c

Explanation:

Suppose your company has an option that gives them the right to sell $1 for 5 Reals in 3 months, what would you recommend your company do with the option?
A- Do not use the option but sell coffee in Brazil
B- Throw the option aways as it is not useful
C- Do not use the option but buy coffee in Brazil
D- Use the option and buy coffee in Brazil
E- Use the option and sell coffee in Brazil

Answers

Answer:

E- Use the option and sell coffee in Brazil

Explanation:

Real is the currency of the country Brazil.

In the context, it is said that, the exchange rate of the one dollar is five Brazilian reals in three months. Therefore I would recommend the company to sell the coffee in Brazil because they have a higher rate of exchange and this will help to earn more profit.

Therefore, I would recommend to use the option and would sell coffee in Brazil.

You are considering quitting your job where you earn $3,300 per month and opening a new business. The cost of renting an office is $2,500 per month, hiring employees would cost $3,100 per month, and utilities would cost $200 per month. The new business will earn a total revenue of $6,300 per month.

Required:
What is your economic profit?

Answers

Answer:

Economic profit= -$2,800

Explanation:

Giving the following information:

Old job= $3,300

The cost of renting an office is $2,500 per month, hiring employees would cost $3,100 per month, and utilities would cost $200 per month.

The new business will earn a total revenue of $6,300 per month.

The economic profit incorporates the opportunity cost of the old job.

Economic profit= 6,300 - 2,500 - 3,100 - 200 - 3,300

Economic profit= -$2,800

Other Questions
Read the last line from "The Moon." Which best describes the effect of this line? All love to be out by the light of the moon. O It illustrates that the light of the moon sometimes causes chaos, because it brings out all the animals. O It shows that all the different types of animals are connected by their feelings about the moon. It demonstrates that both people and animals love to make noise in the light of the moon. O It highlights the idea that most types of animals only come out when the moon is shining. An epeirogenic change:creates very high mountiansleaves the crust undeformedresults in highly volcanic regionsoccurs when rock layers are lifted out of sequence it is okay to a person to spend his/her time doing vices, and computer games? why? Which of the following is NOT a purpose of a conclusionsummarize information in a reportprovide a call to action or lesson learnedintroduce new information into the reportrestate the main idea presented in a report Where do i make the jumps? When previewing a text, what should you look for? Drag the correct characteristics to the table. Not all characteristics will be used. Select the characteristics that describe an autobiography. The author uses the pronouns he or she to describe the main character. The author depends on research from outside sources. The author uses the pronoun I to describe main character. The text contains the author's personal thoughts and opinions. The text tells an objective, opinion-free story. The text tells a personal story. Characteristics of Autobiography ill give you a brainliest if it is right Answer these questions:1. Why do you think people enjoy taking part in competitive sports?2. Do you think that it is a good idea for people to support a particular team? Why?/Why not?3. What is the difference between watching sport on TV and watching it live in a stadium?4. Do you think that major international sporting events have any real value?5. Do you agree that business is too involved in sport?6. Should children be encouraged to take part in competitive sport? Why?/Why not? which integer represents each situation deposit of $15 How were knights and samurai alike?Both were free to fight for whomever they wanted.Both wore heavy armor that would slow them down.Both preferred to use a bow and arrow when fighting.Both followed strict codes of honor to be brave and humble.helppppppppppp meeeeeeeeeee What is 15 3/5? 25919125 An example of a BIOTIC factor that can affect an ecosystem is:O EarthquakeO DroughtO DiseaseO Volcanic eruption Which expression is equivalent to 13(6x +3) p PLEASE ANSWER THE 2 QUESTIONS IN THIS SCREENSHOT FOR ME THANK YOU IF YOU DO AND HERE IS A BRAILIEST IF 2 PEOPLE ANSWER IT OF COURSE: Which statement describes the capsule at the end of a mosss sporophyte?A. It performs photosynthesis.B. It contains spores.C. It stores food.D. It absorbs nutrients. What is the motion of the object in section B of the graph? Explain By sending these children away, you are handing them a death sentence, says Jos Arnulfo Ochoa Ochoa, an expert in Honduras with World Vision International, a Christian humanitarian aid group. This abrogates international conventions we have signed and undermines our credibility as a humane country. It would be a disgrace if this wealthy nation turned its back on the 52,000 children who have arrived since October, many of them legitimate refugees. The Children of the Drug Wars, Sonia Nazario Which phrases indicate this passage is from an editorial? Check all that apply. handing them a death sentence an expert in Honduras a Christian humanitarian aid group undermines our credibility as a humane country would be a disgrace 52,000 children who have arrived private enterprise is run mainly to? Use the sliders to change the values of a, b, c, and d in the cosine function. Which equation has a maximum at (0, 1) and a minimum at ((StartFraction pi Over 3, negative 5)).