Question
In: Finance
All Star Industries paid the following annual dividends from 2012 to 2019. 2012 $3.19 2013 $3.67...
All Star Industries paid the following annual dividends from 2012 to 2019.
2012 $3.19
2013 $3.67
2014 $4.04
2015 $4.39
2016 $4.64
2017 $4.89
2018 $5.09
2019 $5.32
What is the compound growth rate of All Star's dividends over the seven year period?
Solutions
Expert Solution
Compounded annual Growth rate = [(Ending Balance / Beginning Balance)^1/n - 1]*100%
=[(5.32/3.19)^1/8 - 1]*100% = 6.60%
jeff jeffy answered 2 years agoRelated Solutions
XYZ Industries paid $ 25,000,000 million in dividends in 2013 The balance of retained earnings in...
XYZ
Industries paid $ 25,000,000 million in dividends in 2013 The
balance of retained earnings in 2012 was $ 250,000,000 and the
balance of retained earnings in 2013 was $ 275,000,000 XYZ's net
income in 2013 was
Rosnan Industries' 2013 and 2012 balance sheets and income statements are shown below. Balance Sheets: 2013...
Rosnan Industries' 2013 and 2012 balance sheets and income
statements are shown below.
Balance Sheets:
2013
2012
Cash and equivalents
$100
$85
Accounts receivable
275
300
Inventories
375
250
Total current assets
$750
$635
Net plant and equipment
2,300
1,490
Total assets
$3,050
$2,125
Accounts payable
$150
$85
Accruals
75
50
Notes payable
150
75
Total current
liabilities
$375
$210
Long-term debt
450
290
Common stock
1,225
1,225
Retained earnings
1,000
400
Total liabilities and equity
$3,050
$2,125
Income Statements:...
Calculate the annual cash dividends required to be paid for each of the following preferred stock...
Calculate the annual cash dividends required to be paid for each
of the following preferred stock issues: Required: $4.00 cumulative
preferred, no par value; 290,000 shares authorized, 129,000 shares
issued. (The treasury stock caption of the stockholders' equity
section of the balance sheet indicates that 40,713 shares of this
preferred stock issue are owned by the company.) (Round your answer
to 2 decimal places.) 5%, $50 par value preferred, 214,000 shares
authorized, 156,000 shares issued, and 72,734 shares outstanding.
(Round...
The table below shows the average annual consumption bundle and prices in 2012 and 2013: Streaming...
The table below shows the average annual consumption bundle and
prices in 2012 and 2013:
Streaming Movies
Popcorn
2012 {quality, price/unit}
{10000 hrs, $1.00/hr}
{5000 bags, $2.00/bag}
2013 {quantity, price/unit}
{12000 hrs, $0.95/hr}
{4000 bags, $2.20/bag}
(a) What is the percentage change in the price of each good?
Calculate the consumer price index (CPI) for 2012 and 2013 using
2012 as the base year. What is the inflation rate in the CPI?
(b) Are all consumers equally affected by the...
(a) Consider a stock that pays annual dividends. It just paid $4.50 dividends per share, and...
(a) Consider a stock that pays
annual dividends. It just paid $4.50 dividends per share, and the
next dividend will be paid in 1 year. The dividends are expected to
remain constant at $4.50 per share for the next 10 years, after
which the dividends are expected to decrease at a rate of 0.5% per
year. The annual cost-of-capital is 15.50%. Find the fair value of
the stock today.
(b) Consider the same stock as
described in part (a), except...
(a) Consider a stock that pays annual dividends. It just paid $4.50 dividends per share, and...
(a) Consider a stock that pays annual dividends. It just paid
$4.50 dividends per share, and the next dividend will be paid in 1
year. The dividends are expected to remain constant at $4.50 per
share for the next 10 years, after which the dividends are expected
to decrease at a rate of 0.5% per year. The annual cost-of-capital
is 15.50%. Find the fair value of the stock today.
(b) Consider the same stock as described in part (a), except...
(a) Consider a stock that pays annual dividends. It just paid $4.50 dividends per share, and...
(a) Consider a stock that pays
annual dividends. It just paid $4.50 dividends per share, and the
next dividend will be paid in 1 year. The dividends are expected to
remain constant at $4.50 per share for the next 10 years, after
which the dividends are expected to decrease at a rate of 0.5% per
year. The annual cost-of-capital is 15.50%. Find the fair value of
the stock today.
(b) Consider the same stock as
described in part (a), except...
IBC has dividends and prices following the table above. Assuming dividends are reinvested, what was IBC’s annual return for 2019?
IBC
Date
1/1/2019
3/10/2019
6/9/2019
9/12/2019
12/31/2019
Price
50
45
55
52
54
Dividend
0.25
0.25
0.25
0.25
IBC has dividends and prices following the table above. Assuming
dividends are reinvested, what was IBC’s annual return for
2019?
Instruction: Type your answer in the unit of percentage point,
and round to three decimal places. E.g., if your answer is
0.0106465 or 1.06465%, should type ONLY the number 1.065, neither
0.0106465, 0.0106, nor 1.065%, because I already have percentage
sign at...
a) In 2012 Kabir Inc paid $1.25 as dividend. In the most recent dividend in 2019...
a) In 2012 Kabir Inc paid $1.25 as dividend. In the most recent
dividend in 2019 the dividend was $1.80. The number of
years between these two dividends (n) is 7 years. If the required
return of 12.21%. What is the current stock price if we anticipate
dividends stopping in 10 years (because the company will go
bankrupt)? B) if the company pays the dividends forever (does not
go bankrupt) what is the current stock price?
Quantitative Problem: Rosnan Industries' 2013 and 2012 balance sheets and income statements are shown below. Balance...
Quantitative Problem: Rosnan Industries' 2013
and 2012 balance sheets and income statements are shown below.
Balance
Sheets:
2013
2012
Cash and equivalents
$100
$85
Accounts receivable
275
300
Inventories
375
250
Total current assets
$750
$635
Net plant and equipment
2,300
1,490
Total assets
$3,050
$2,125
Accounts payable
$150
$85
Accruals
75
50
Notes payable
150
75
Total current liabilities
$375
$210
Long-term debt
450
290
Common stock
1,225
1,225
Retained earnings
1,000
400
Total liabilities and equity
$3,050
$2,125 ...
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