Shackleford Corporation net income this year is $800,000. The company generally retains 35% of
net income for reinvestment.
The company's common equity currently has a book value of
$5,000,000. They just paid a dividend of $1.37, and the required rate of return on this stock is 12%.
Compute the value of this stock if dividends are expected to continue growing indefinitely at the
company's internal growth rate.
A) $4.35 B) $15.63 C) $22.61 D) $11.42
C
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Customers who have purchased your product or service are familiar with its benefits
Assuming that your customers enjoyed the consumption experience, there is often potential left in the market from the current customers who could be persuaded to buy more. You, as a marketing manager, should therefore prioritize: A) market development strategy. B) diversification strategy. C) product development strategy. D) market penetration strategy.
To demonstrate sequences and procedures, which of the following should be used?
A) Slide transitions B) Decorative animation C) Functional animation D) Hyperlinks E) Slide builds
Which of the following is most likely true about shoppers who prefer to shop at "lifestyle centers"?
A) They use coupons. B) They prefer upscale stores. C) They prefer indoor shopping locations. D) They rarely dine out in expensive restaurants. E) They are motivated by deals on last year's merchandise.
The amount of income that would result from an alternative use of cash is called opportunity cost
Indicate whether the statement is true or false