Consider a company that earned​ $4.00 per share last year and paid a dividend of​ $1.00. The firm has maintained a consistent payout ratio over the years and analysts expect this to continue. The firm is expected to earn​ $4.40 per share next​ year, and the stock is expected to sell for​ $30.00. The required rate of return is​ 12%. What is the best estimate of the​ stock's current​ value?

Coca-cola was primarily known for its core competencies in marketing, bottling, and distributing aerated drinks. however, with the success of gatorade, coca-cola developed competencies in the development and marketing of its own sports drink, powerade. which of the following is true of coca-cola? a. it is leveraging existing core competencies to improve current market position. b. it is building new core competencies to protect and extend its current market position. c. it is redeploying and recombining existing core competencies to compete in markets of the future. d. it is targeting the chasm between the early adopter and early majority market segment.