Castle, Inc paid a dividend yesterday of $2 per share. Castle management expects the dividend to
increase next year to $3 annually.
If the dividend is expected to stay at $3 per year for the
foreseeable future, what is the value of the stock to an investor with a required rate of return of
10%?
A) $32.00 B) $50.00 C) $7.50 D) $30.00
D
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When faced with potentially unpopular choices, having a team develop potential solutions and implementation methods can result in what?
A) Increased information B) Increased acceptance C) Higher performance levels D) Lower costs E) Hidden agendas
To find the days' payable,
A) divide 365 by the payables turnover. B) multiply the payables turnover by 365. C) divide the payables turnover by 365. D) subtract 365 from the payables turnover.
Factory employees' wages are recorded into the Work in Process Inventory account
Indicate whether the statement is true or false
Amengual Corporation began operations in 2011 and had operating losses of $400,000 in 2012 and $300,000 in 2013 . For the year ended December 31 . 2014, Amengual had a pretax financial income of $600,000 . For 2012 and 2013 . assume an enacted tax rate of 30 percent, and for 2014 a 35 percent tax rate. There were no temporary differences in any of the years. In Amengual's 2014 income statement,
how much should be reported as income tax expense? a. $0 b. $30,000 c. $180,000 d. $210,000