You've collected the following information from your favorite financial website. 52-Week Price Hi 64.60 Lo 4780 Div Yld % 1.9 Net Chg -05 18 145.94 171.13 91.80 62 Stock (Div) Abbott 1.12 Ralph Lauren 2.50 IBM 6.30 Duke Energy 3.56 Disney 1.68 70.28 139.13 71.96 96.20 PE Ratio 235.6 70.9 238 176 15.5 Close Price 62.91 139.71 145.39 74.30 4.3 4.9 84 113.19 17 10 According to your research, the growth rate in dividends for IBM for the next 5 years is expected to be 5 percent Suppose IBM meets this growth rate in dividends for the next five years and then the dividend growth rate falls to 3.5 percent indefinitely. Assume investors require a return of 10 percent on IBM stock. a. According to the dividend growth model, what should the stock price be today? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) b. Based on these assumptions, is the stock currently overvalued, undervalued, or correctly valued? LE 1 a. Current stock price b. Valuation 1

Fanning company is considering the addition of a new product to its cosmetics line. the company has three distinctly different options: a skin cream, a bath oil, or a hair coloring gel. relevant information and budgeted annual income statements for each of the products follow. skin cream bath oil color gel budgeted sales in units (a) 110,000 190,000 70,000 expected sales price (b) $8 $4 $11 variable costs per unit (c) $2 $2 $7 income statements sales revenue (a × b) $880,000 $760,000 $770,000 variable costs (a × c) (220,000) (380,000) (490,000) contribution margin 660,000 380,000 280,000 fixed costs (432,000) (240,000) (76,000) net income $228,000 $140,000 $204,000 required: (a) determine the margin of safety as a percentage for each product. (b) prepare revised income statements for each product, assuming a 20 percent increase in the budgeted sales volume. (c) for each product, determine the percentage change in net income that results from the 20 percent increase in sales. (d) assuming that management is pessimistic and risk averse, which product should the company add to its cosmetics line? (e) assuming that management is optimistic and risk aggressive, which product should the company add to its cosmetics line?

Provide an example of open-ended credit account that caroline has. caroline blue's credit report worksheet.

Which of the following would be an accurate statement about achieving a balanced budget