You are considering the purchase of a share of Ranch's common stock. You expect to sell it at the
end of 1 year for $32.00. You will also receive a dividend of $2.50 at the end of the year. Ranch just
paid a dividend of $2.25.
If your required return on this stock is 12%, what is the most you would
be willing to pay for it now?
A) $28.57 B) $30.80 C) $33.05 D) $20.83
B
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If a company uses $1410 of its cash to purchase supplies, the effect on the accounting equation would be:
A. One asset increases $1410 and another asset decreases $1410, causing no effect. B. Assets decrease $1410 and equity increases $1410. C. Assets decrease $1410 and equity decreases $1410. D. Assets increase $1410 and liabilities decrease $1410. E. Assets increase $1410 and liabilities increase $1410.
Give an example of a speech topic that would be appropriate for the problem-cause-solution organizational pattern and explain why.
What will be an ideal response?
List and describe the six steps of a formal decision-making process.
What will be an ideal response?
The largest, most powerful, most influential economy is the __________ economy.
a. China b. Europe c. Japan d. United States e. Russia