If the price of Iguana Handbags Inc. stock is $43, its required return is 20%, and the last dividend was $3, what is its dividend growth rate? (Round to the nearest tenth.)
A) 12.2%
B) 13.0%
C) 11.7%
D) 10.0%
E) 17.4%
A
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The comment that "items that are not material may be recorded in the financial statements in the most economical and expedient manner possible" is representative of:
a. matching. b. conservatism. c. realization. d. materiality. e. None of the answers are correct.
Stock dividends have little economic substance for shareholders
Indicate whether the statement is true or false
Division X of O'Blarney Company has sales of $300,000, cost of goods sold of $120,000, operating expenses of $58,000, and invested assets of $150,000. What is the rate of return on investment for Division X?
A) 9.15% B) 81.3% C) 40.7% D) 200%
An acceptance sampling plan is to be designed to meet the organization's targets for product quality and risk levels. Which of the following is true?
A) n and c determine the AQL. B) AQL, LTPD, ? and ? collectively determine n and c. C) n and c are determined from the values of AQL and LTPD. D) ? and ? are determined from the values of AQL and LTPD. E) None of the above is true.