Author Question: Data for a share of common stock of ABC Company appear below: Dividend: 2005 actual 1.000 2006 ... (Read 51 times)

nramada

  • Hero Member
  • *****
  • Posts: 580
Data for a share of common stock of ABC Company appear below:
 
  Dividend: 2005 actual  1.000
   2006 actual 1.100
   2007 actual 1.210
   2008 expected 1.331
  Current market price per share: 20.000
 
  Assuming the dividend pattern above will continue in the future and also assuming that it is the first of January, 2008, the estimated current return for the stock is
  A)
 
  6.67.
  B)
 
  10.00.
  C)
 
  5.05.
  D)
 
  16.67.

Question 2

In preparing a cash budget, the ________ seasonal and uncertain a firm's cash flows, the ________ the number of budgeting intervals it should use.
 
  A) more; greater
  B) more; fewer
  C) less; greater
  D) less; fewer



mcarey591

  • Sr. Member
  • ****
  • Posts: 365
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

For a complete list of videos, visit our video library