Robert gillman, an equity research analyst at gillman advisors, believes in efficient markets, he has been following the mining industry for the past 10 years and needs to determine the constant-growth rate that he should use while valuing pan asis minin co.
robert has the following information available.
pan asis minin co. stock is trading at $23.75
the company's stock is expected to apy a year-end divfident of $1.14 that is expected to grow at a certain reat.
the stock's expected rate of return is 11.40%
based on the information just given, what will be robert's forecast of pamc's growth rate?
a. 6.60%b.11.35c. 5.48%d. 9.90%
which of the following statements accurately describes the relationship between earning and dividends when all other factors are held constant?
a. growth in earning requires in dividends.
b. long-run earnings growth occurs primarily because firms pay dividends to reward their shareholders for investing in the company
c. retaining a higher percentage of earning will result in a higher growth rate.

Arival company manufactures fuel tanks for cars using a different production technique. the total weekly cost (in dollars) of producing x tanks is given by c(x) = 10000 +90x - 0.04x2 find the marginal cost at a production level of 500 fuel tanks per week to approximate the cost of the 501st unit (round to the nearest 2 decimal places, if needed)

Eliminating entries (including goodwill impairment) and worksheets for various years on january 1, 2013, porter company purchased an 80% interest in the capital stock of salem company for$850,000. at that time, salem company had capital stock of $550,000 and retained earnings of $80,000.differences between the fair value and the book value of the identifiable assets of salem company were asfollows: fair value in excess of book valueequipment$130,000land65,000inv entory40,000the book values of all other assets and liabilities of salem company were equal to their fair values onjanuary 1, 2013. the equipment had a remaining life of five years on january 1, 2013. the inventory was sold in2013.salem company’s net income and dividends declared in 2013 and 2014 were as follows: year 2013 net income of $100,000; dividends declared of $25,000year 2014 net income of $110,000; dividends declared of $35,000required: a. prepare a computation and allocation schedule for the difference between book value of equity acquired andthe value implied by the purchase price. b.present the eliminating/adjusting entries needed on the consolidated worksheet for the year endeddecember 31, 2013. (it is not necessary to prepare the worksheet.)lo6lo1

Vincent is interested in increasing his earning potential upon completing his internship at a major accounting firm. which option can immediately boost his career in the intended direction? b. complete a certification from a professional organization c. complete a new four-year undergraduate program in a related field d. complete a two-year associate degree in a related field e. complete an online course in accounting