The last dividend of SPirex Corporation's common stock was $4.00, and the expected growth is 10 percent. If you require a rate of return of 20%, what is the highest price you should be willing to pay for this stock?
A) $44.00
B) $38.50
C) $40.00
D) $45.69
E) $50.00
A
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A performance measure which assesses a buyer's contribution to ROA is called the
A. break-even point. B. gross margin return on investment. C. cost plus pricing. D. gross margin. E. net profit.
The definition of personally identifying information is important to companies because it helps identify the types of information that need to be protected. It is also important for which of the following reasons?
A. It helps identify elements that can be stripped out of datasets in order to reduce data protection requirements. B. It helps identify potential data anomalies. C. It eliminates the need for companies to protect other types of information. D. It helps identify the associations between data elements required to develop an application's class model.
Rosiland, Inc. purchases 16,000 shares of its previously issued $2 par value common stock for $460 per share. Which of the following is the correct journal entry to record this transaction?
A) Debit Common Stock—$2 Par Value $7,360,000, and credit Cash $7,360,000. B) Debit Cash $7,328,000, and credit Paid-In Capital in Excess of Par—Common $7,328,000. C) Debit Cash $7,328,000, and credit Treasury Stock—Common $7,328,000. D) Debit Treasury Stock—Common $7,360,000, and credit Cash $7,360,000.
A package specification can contain declarations for procedures, functions, variables, exceptions, cursors, and types.
Answer the following statement true (T) or false (F)