FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Bouchard Compary's EPS was $5.40 in 2021 , up tram $3.26 in 2016 . The compary poys out 50% of its earnings at dividends,

image text in transcribed
The Bouchard Compary's EPS was $5.40 in 2021 , up tram $3.26 in 2016 . The compary poys out 50% of its earnings at dividends, and its common stock sells for $33.00. b. The last dividend nas D3=0.50(55.40)=$270. Catculye the next expected dividend, D1, assiming that the post gronth rate continues. Do not rownd intermediate calculaions. heund your answer to the nesest cent. \$

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Modeling An Introductory Guide To Excel And VBA Applications In Finance

Financial Modeling An Introductory Guide To Excel And VBA Applications In Finance

Authors: Joachim Häcker, Dietmar Ernst

1st Edition

1137426578, 978-1137426574

More Books

Students also viewed these Finance questions

Question

★★★★★
Rami Corp. forecasts sales of US$650,000 for 2013. Assume the firm has fixed costs of US$250,000 and variable costs amounting to 35 percent of sales. Operating expenses are estimated to include fixed...

Answered: 1 week ago

Question

★★★★★
In the regression analyses, the three values of each variable were coded as 1, 0, and 1, respectively, giving the accompanying data (the value y8 19.3 was reported, but our value y8 20.3 results in...

Answered: 1 week ago

Question

★★★★★
Which schools of thought for counseling could an advisor combine? Developmental and Humanistic. Humanistic and Cognitive-Behavioral. Developmental and Cognitive-Behavioral. All 3 schools of...

Answered: 1 week ago

Question

★★★★★
A Truck on a Drawbridge A loaded cement mixer drives onto an old drawbridge, where it stalls with its center of gravity three-quarters of the way across the span. The truck driver radios for help,...

Answered: 1 week ago

Question

★★★★★
The Bouchard Compary's EPS was $5.40 in 2021 , up tram $3.26 in 2016 . The compary poys out 50% of its earnings at dividends, and its common stock sells for $33.00. b. The last dividend nas...

Answered: 1 week ago

Question

★★★★★
help please Pharoah Industrial Products Inc is a diversified industriaf-cleaner processing company. The company's Dargan plant produces two products: a table cleaner and a floor cleaner from a common...

Answered: 1 week ago

Question

★★★★★
A 8 B = 0.25, 0.50 105 0 The uniform slender bar has an ideal roller at its upper end A. Determine the minimum value of the angle e for which equilibrium is possible for us = 0.25 in degrees round...

Answered: 1 week ago

Question

★★★★★
Figures 2 show a statically determinate beam under distributed loading conditions where C is the constant. q(x) = C(2x- - x L Figure 2 A RA L RB a) Determine the resultant of the distributed load...

Answered: 1 week ago

Question

★★★★★
the reactor core using an electromagnetic pump. A point A, the pipe has a diameter of 3-in and the sodium measures 20-psi gauge pressure. The sodium moves through the pipe at A with a velocity given...

Answered: 1 week ago

Question

★★★★★
Steve makes calls to prospective clients to set up an appointment for insurance sales calls. 15% of the calls that he makes result in an appointment with a prospective client. Give your answers...

Answered: 1 week ago

Question

★★★★★
3) Determine the change of volume caused in the block due to the application of the forces (Bulk Modulus Problem) c=60 mm 100 kN b=50 mm 50 kN a= = 100 mm 180kN

Answered: 1 week ago

Question

★★★★★
d. What language(s) did they speak?

Answered: 1 week ago

Question

★★★★★
1. How do electronic means of communication (e-mail, the Internet, fax, and so on) differ from face-to-face interactions?

Answered: 1 week ago

Question

★★★★★
3. What are some of the potential challenges organizations face as they become more diverse?

Answered: 1 week ago

Previous Question Next Question