Cost of common stock equity Ross Textiles wishes to measure its cost of common stock equity. The firm's stock is currently selling for $49.39. The firm just recently paid a dividend of $3.99. The firm has been increasing dividends regularly. Five years ago, the dividend was just $3.04. After underpricing and flotation costs, the firm expects to net $43.96 per share on a new issue. a. Determine average annual dividend growth rate over the past 5 years. Using that growth rate, what dividend would you expect the company to pay next year? b. Determine the net proceeds, Nn, that the firm will actually receive. c. Using the constant-growth valuation model, determine the required return on the company's stock, r Subscript s, which should equal the cost of retained earnings, r Subscript r. d. Using the constant-growth valuation model, determine the cost of new common stock, r Subscript n. a. The average annual dividend growth rate over the past 5 years is?
In: Finance
write a program named Combinations.java that gets user input for two integers n and k, then computes and displays the value of n choose k using the efficient method of equation. you may assume that the user's input makes sense (i.e, n and k are non negative, and n is at least k). your code should work for any reasonably small non- negative values of n and k, including zero.
In: Computer Science
A retail outlet sells a perishable product for $12 per unit. The cost of the product is $6 per unit. The product not sold has the salvage value of $1.
a) Compute the overage cost and underage cost per unit.
b) If the demand follows the normal distribution with the average of 400, and the standard deviation of 100. What is the optimal order quantity to maximize the expected profit?
c) What is the optimal ordering quantity if the retailer uses the following discrete distribution for demand?
quantity 200 250 300 350 400 450 500 550 600
probability 0.05 0.05 0.15 0.15 0.20 0.15 0.15 0.05 0.05
d) What is the profit or loss for the quantity obtained from c)?
In: Operations Management
Marigold Corp. was organized on January 1, 2021. During its first year, the corporation issued 1,900 shares of $50 par value preferred stock and 125,000 shares of $10 par value common stock. At December 31, the company declared the following cash dividends: 2021, $4,100; 2022, $12,700; and 2023, $29,400.
Show the allocation of dividends to each class of stock,
assuming the preferred stock dividend is 5% and noncumulative.
(Do not leave any answer field blank. Enter 0 for
amounts.)
2021 | 2022 | 2023 | ||||
Total dividend | $ | $ | $ | |||
Allocation to preferred stock | ||||||
Remainder to common stock | $ |
Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 6% and cumulative.
2021 | 2022 | 2023 | ||||
Total dividend | $ | $ | $ | |||
Allocation to preferred stock | ||||||
Remainder to common stock |
$ |
Journalize the declaration of the cash dividend at December 31, 2023, under part (b).
Account Titles and Explanation
Date Debit Credit
Dec. 31
In: Accounting
Instructions JAVA PROGRAMMING
1. Ask the user for a year input (positive integer - should be between 1500 and 2019, inclusive).
2. If the year input is not between 1500 and 2019, do not check for leap year, rather print that this year cannot be checked.
3. Take a year input from the user (should be between 1500 and 2019)
4. If the input year is a leap year, print that year is a leap year; otherwise, print that the year is not a leap year.
5. Point of thought: how will you handle centurial years, i.e., years ending in 00, e.g., 1900, 1800, 1700, 2000 etc.?
Goals
File/Project Naming
Your project/file should be named “Main.java”.
Test Your Program
Sample Output
Your output should look like this:
This year cannot be checked. Try again!
This year cannot be checked. Try again!
Yes, 2016 is a leap year!
Nope, 1900 is NOT a leap year!
In: Computer Science
For the next 7 questions, please refer to the following
information.
Mr. Cherry owns a gas station on a highway in Vermont. In the
afternoon hours, there are, on average, 30 cars per hour passing by
the gas station that would like to refuel. However, because there
are several other gas stations with similar prices on the highway,
potential customers are not willing to wait—if they see that all of
the pumps are occupied, they continue on down the road.
The gas station has three pumps that can be used for fueling
vehicles, and cars spend four minutes, on average, parked at a pump
(filling up their tank, paying, etc.).
f. What is the utilization of the pumps?
g. How many pumps should it have to ensure that it captures at least 98 percent of the demand that drives by the station?
In: Operations Management
Compute the YTM:
Pros Inc has a bond | |
Coupon: | 5.0% |
Term | 5 yrs |
Currently sells for | $957.35 |
semiannual; payments |
In: Finance
The following two technologies provide support for SCM (supply chain management). For each of the following two technologies, provide an example and explain how each example could help to improve Target’s SCM:
(i) Electronic data interchange (EDI) which is a communication standard that enables business partners to exchange routine documents electronically. (Section 11.7, p. 319-320).
(ii) Extranets, which link business partners over the Internet by providing them access to certain areas of each other’s corporate intranets. (Section 11.7, p. 321-322).
In: Operations Management
Create a form that has the following fields:
Create two arrays of objects, one for US States, one for Canadian Provinces. The object should contain Name and Abbreviation. You don’t need to do all the states or provinces, just a few to make sure your code works. (3 OF EACH)
When the user selects either US or Canada, populate the drop down using the array of object. The first, default option should be “Please Select State” or “Please Select Province” depending on the selected country.
On Submitting the form, validate all form fields. Validate the Postal Code according to the rules for the selected country… US or Canada. You should do JavaScript Validation even if you use HTML5 controls
Follow good practices for JavaScript
Use the appropriate form controls from all the available form controls – HTML and HTML5.
Make the form accessible by using labels.
THIS IS TO DONE USING HTML/HTML5 AND JAVASCRIPT
In: Computer Science
What are some of the key characteristics of unknown sample of an aqueous solution containing an ionic compound?
Specific questions:
1. Given that the cation is from Group 1A, what is the identity of the group 1A metal ion in your solution?
2. Given that the ionic compound contains either chloride or hydroxide, how can you determine which? (Two pieces of evidence are required and one must be related to solubility rules)
3. What is the concentration of your solution? (Your unknown sample is known to be about 1 M, but you need to determine the concentration to 3 significant figures using titration. You should plan ahead so that you know approximately what volume of your sample you will need in order to use approximately 25 mL of 0.100 M sulfuric acid for the titration).
I'm confused as to how I would go about figuring out these things when even actual information.
In: Chemistry
You are going to value Lauryn’s Doll Co. using the FCF model. After consulting various sources, you find that Lauryn's has a reported equity beta of 1.5, a debt-to-equity ratio of 0.4, and a tax rate of 30 percent. Assume a risk-free rate of 5 percent and a market risk premium of 7 percent. Lauryn’s Doll Co. had EBIT last year of $46 million, which is net of a depreciation expense of $4.6 million. In addition, Lauryn's made $6.25 million in capital expenditures and increased net working capital by $3.6 million. Assume the FCF is expected to grow at a rate of 3 percent into perpetuity. What is the value of the firm?
In: Finance
Sam's Construction had a balance in its allowance for doubtful accounts at the end of 2014 of $44,500. Sam reported credit sales of $5,000,000 in 2014 and wrote off receivables of $43,000 during 2014. At the end of the year, Sam estimates un-collectible accounts receivable based on the year-end aging using the assumptions provided at left.
What should the balance be in Sam's Construction allowance for doubtful accounts as of December 31,2015?
As of December 31, 2015 | Estimated | |
Days Past Due | Receivables | Uncollectible |
0-30 days past due | 300,000 | 2.50% |
31-60 days past due | 125,000 | 9.00% |
61-90 days past due | 55,000 | 23.00% |
90+ days past due | 15,000 | 65.00% |
495,000 | ||
Allowance for doubtful accounts at 12/31/14 | 44,500 | |
Write-offs in 2015 | 43,000 | |
2015 Sales | 5,000,000 |
In: Accounting
Based on A. Nilsson's (2016) 'The Psychology of Worldviews' what are some of the psychological characteristics of worldviews, and how do those affect us? How do those influence our cultural, social, political, and relational beings? How do we find out our own worldviews from Arthur Nilsson's (2016) Psychology of Worldviews?
In: Psychology
C Programming
Please modify this code to display the "guess" value from the calculation and the "iterations" it took to complete. Please also add the input to the program.
Input: Program will prompt the user to provide the desired decimal-place accuracy, in the range of [1-15], inclusive. User prompt must clearly indicate what is a valid input. User input must be validated - ensuring that the value entered is an integer in the above range.
Sample output for one perfect number would look something like:
This may take up to 30 seconds to complete...
Perfect number: 6 = 1 + 2 + 3;
Initial “guess” = 2.0
Expected square root of 6 = 2.4494897...
Computed square root of 6 = 2.4494897...
reached in 8 iterations
using threshold of 0.0000...
for 12 decimal-place accuracy
#include <stdio.h>
int square(int n)
{
int a = n;
int b = 1;
int count = 0;
int e = 0.000001;
while(a - b > e)
{
a = (a + b)/2;
b = n/a;
++count;
}
return a;
}
int main(void) {
// your code goes here
int sum=0,p,i,j =0;
int arr[4],k;
printf("\n Perfect numbers between 1 and 100 are: ");
for(i= 1; i<= 10000; i++){
p=1;
while(p<=(i/2)){
if(i % p == 0)
sum=sum+p;
p++;
}
if(sum==i)
{
arr[j] = i;
printf("%d\t",arr[j]);
++j;
}
sum=0;
}
k = sizeof(arr) / sizeof(int);
for(int l = 0;l<k;l++)
{
printf("\nthe perfect number is %d\n",arr[l]);
printf("expected squareroot is %lf\n",sqrt(arr[l]));
printf("computed square root is %lf\n",square(arr[l]));
}
return 0;
}
In: Computer Science
discuss technology convergence and content convergence
In: Operations Management