Beagle Beauties engages in the development, manufacture, and sale of a line of cosmetics designed to make your dog look glamorous. Below you will find selected information necessary to compute some valuation estimates for the firm. Assume the values provided are from year-end 2015. Also assume that the firm’s equity beta is 1.40, the risk-free rate is 2.20 percent, and the market risk premium is 6.4 percent.
a. Using these values, estimate the current share price of Beagle Beauties stock according to the constant dividend growth model. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
b. If The required return is 12.82 percent. Use the clean surplus relationship to calculate the share price for Beagle Beauties with the residual income model. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Dividends per share | $ | 2.64 | |
Return on equity | 10.00 | % | |
Book value per share | $ | 17.30 | |
Earnings | Cash Flow | Sales | ||||||||
2015 value per share | $ | 5.50 | $ | 6.85 | $ | 25.90 | ||||
Average price multiple | 13.60 | 9.57 | 2.56 | |||||||
Forecasted growth rate | 13.58 | % | 11.66 | % | 7.64 |
% |
In: Finance
What measures can be put in place to identify when IT infrastructure such as virtualised servers would require an upgrade?
In: Computer Science
State Grice's rule of quantity completely.
In: Psychology
Suppose that a country’s inflation rate increases sharply. Explain what happens to inflation tax on the holders of money? . Can you think of anyway in which holders of savings accounts are hurt by the increases in the inflation Rate?
In: Economics
Compensating balance versus discount loan Weathers Catering Supply, Inc., needs to borrow $ 145,000 for 6 months. State Bank has offered to lend the funds at an annual rate of 9.1 % subject to a 9.9 % compensating balance. (Note: Weathers currently maintains $ 0 on deposit in State Bank.) Frost Finance Co. has offered to lend the funds at an annual rate of 9.1 % with discount-loan terms. The principal of both loans would be payable at maturity as a single sum.
a. Calculate the effective annual rate of interest on each loan.
b. What could Weathers do that would reduce the effective annual rate on the State Bank loan?
In: Finance
Show the decimal integer -143 in 10-bit sign magnitude, one's complement, two's complement and excess-511 respectively in the given order
In: Computer Science
2) Part A: In your own words, define performance management and a performance evaluation system. Summarize your understanding of the difference between these two concepts. Part B:Why is it important for HRMs to investigate performance issues to identify the root cause? How would you handle an employee conduct violation, such as harassment or theft? How would you counsel an employee who lacked the skills and knowledge to perform his/her job responsibilities? What type of performance issues(s) could benefit from a performance improvement plan?
In: Operations Management
Calculating Weighted-Average Cost Inventory Values The Brattle Corporation began operations in 2018. Information relating to the company’s purchases of inventory and sales of products for 2018 and 2019 is presented below.
2018
March 1 Purchase 220 units @ $12 per unit
June 1 Sold 120 units @ $25 per unit
September 1 Purchase 100 units @ $15 per unit
November 1 Sold 130 units @ $25 per unit
2019
March 1 Purchase 70 units @ $16 per unit
June 1 Sold 80 units @ $30 per unit
September 1 Purchase 100 units @ $18 per unit
November 1 Sold 90 units @ $35 per unit
Calculate the weighted-average cost of goods sold and ending inventory for 2018 and 2019 assuming use of (a) the periodic method and (b) the perpetual method.
a. Weighted-Average Periodic. Do not round your cost per unit. Do not round until your final answer. Round your answers to the nearest whole number.
2018
Cost of goods sold ___3,234_______
Ending inventory _____906_____
2019
Cost of goods sold ____3,195______
Ending inventory ______945____
b. Weighted-Average Perpetual. Do not round your cost per unit. Do not round until your final answer. Round your answers to the nearest whole number.
2018
Cost of goods sold _____3,195_____
Ending inventory _____945_____
2019
Cost of goods sold __________?
Ending inventory __________?
In: Accounting
1) Why do you believe organizations invest in training and career development programs for employees? How does the organization benefit? How can training and development support an organization’s strategic goals? Why should HRMs focus on the career development of employees?
In: Operations Management
Discuss how horizontal and vertical integration relate to an organization’s business planning. How would you use horizontal integration to expand an organization of your interest; give strategies and examples.
In: Operations Management
SOSC 102 In case study Wild Child Speechless after Tortured life. Do you believe that Genie was taken advantage of by scientists? Did they do everything they could to help her? Or was she simply an experiment to study development and language acquisition?
In: Psychology
c program
//the file's size in bytes
unsigned int fileSize(const char* name){
return 0;
}
//same as fileSize except if the file is a directory then it
recursively finds the size of directory and all files it
contains
unsigned int fileSizeRec(const char* name){
return 0;
}
In: Computer Science
JAVASCRIPT:
- Please create an object (grade) with 10 names and 10
grades.
- Create a method (inputGrade) that can put a name and a grade to
the grade object.
- Create another method (showAlltheGrades) to show all the grade in
that object.
- Create the third method (MaxGrade) that can display the maximum
grade and the student name.
- Using “prompt” and inputGrade method input 10 student names and
their grades.
- Display all the grades and names by using showAlltheGrades
method.
NOTE: Make sure to use the push() method when adding elements to the arrays.
Please post the code and a screenshot of the output. Thanks!
In: Computer Science
You own a lot in Key West, Florida, that is currently unused. Similar lots have recently sold for $1,370,000. Over the past five years, the price of land in the area has increased 5 percent per year, with an annual standard deviation of 28 percent. You have approached a buyer and would like the option to sell the land in 12 months for $1,520,000. The risk-free rate of interest is 3 percent per year, compounded continuously. What is the price of the put option necessary to guarantee your sales price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
In: Finance
Chapter 10 Discussion questions: Ethics Discuss allowing someone to die. Discuss patient self-determination act. Discuss the hospice approach to care for dying. Discuss mercy death. Discuss suggested safeguards for mercy death.
In: Operations Management