Uncle Tim's Inventions has an expected dividend next year of 3.60 ...

[hbsimmons88]

Uncle Tim's Inventions has an expected dividend next year of 3.60 and a required return of 12 percent. Assuming the dividends will be paid indefinitely, calculate the value of a share of common stock assuming a zero growth rate of dividends.
 
  What will be an ideal response?

Question 2

One way a firm can reduce the amount of cash it needs in any month is to ________.
 
  A) slow down the payment of receivables
  B) delay the payment of wages
  C) accrue taxes
  D) speed up payment of accounts payable

[k.lashomb]

Answer to Question 1

The value of a share of common stock = = 30

Answer to Question 2

B

[hbsimmons88]

Excellent

[carlsona147]

Thanks for the timely response, appreciate it