Nike's common shares are currently trading at $57.12. Dividends on this stock are paid annually and are expected to grow at 2% per annum in perpetuity. Shareholders required return on this investment of 3%

The most recent dividend was paid yesterday and the next dividend will be paid in one year. How big was yesterday's dividend?
A) $0.55
B) $0.56
C) $0.57
D) $0.60
E) $0.62


B

Business

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Indicate whether the statement is true or false

Business

Which one of the following is not one of the areas in which administrative office managers are expected to have special skills?

A. Technical B. Financial C. Conceptual D. Human

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Salmone Company reported the following purchases and sales of its only product. Salmone uses a periodic inventory system. Determine the cost assigned to cost of goods sold using FIFO.DateActivitiesUnits Acquired at CostUnits Sold at RetailMay 1Beginning Inventory150 units @ $10.00 5Purchase220 units @ $12.00 10Sales 140 units @ $20.0015Purchase100 units @ $13.00 24Sales 90 units @ $21.00

A. $2,590 B. $2,980 C. $2,460 D. $2,850 E. $2,860

Business

The sum of the partners’ ending basis amounts equals the partners’ ending capital account balances.  These amounts are shown on the partnership's Schedule K.

Answer the following statement true (T) or false (F)

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