Consolidated Software does not currently pay any dividends but is expected to start doing so in four years. That is, Consolidated will go for three more years without paying any dividends and then is expected to pay its first dividend ($1) at the end of the 4th year. Once the company starts paying dividends, it is expected to continue to do so. The company is expected to have a dividend payout ratio of 60% and to maintain a return on equity of 20%. Based on the Dividend Discount Model, and given a required rate of return of 12%, what is the maximum price you should be willing to pay for this stock today?

Transactions on april 1 of the current year, andrea byrd established a business to manage rental property. she completed the following transactions during april: opened a business bank account with a deposit of $45,000 from personal funds. purchased office supplies on account, $2,000. received cash from fees earned for managing rental property, $8,500. paid rent on office and equipment for the month, $5,000. paid creditors on account, $1,375. billed customers for fees earned for managing rental property, $11,250. paid automobile expenses for month, $840, and miscellaneous expenses, $900. paid office salaries, $3,600. determined that the cost of supplies on hand was $550; therefore, the cost of supplies used was $1,450. withdrew cash for personal use, $2,000. required: 1. indicate the effect of each transaction and the balances after each transaction: for those boxes in which no entry is required, leave the box blank. for those boxes in which you must enter subtractive or negative numbers use a minus sign. (example: -300)

As sales exceed the break‑even point, a high contribution‑margin percentage (a) increases profits faster than does a low contribution-margin percentage (b) increases profits at the same rate as a low contribution-margin percentage (c) decreases profits at the same rate as a low contribution-margin percentage (d) increases profits slower than does a low contribution-margin percentage

What so u want to be when u grow up?