question archive 1) Universal Forest's current stock price is $154
1) Universal Forest's current stock price is $154
Subject:FinancePrice: Bought3
1) Universal Forest's current stock price is $154.00 and it is likely
to pay a $5.23 dividend next year. Since analysts estimate Universal Forest will have a 13.0 percent growth rate, what is its required return?
2) Choose the most accurate statement: 'An increase in total assets ...' : A) means that net working capital is also increasing. B) requires an investment in fixed assets. C) means that stockholders' equity must also increase. D) must be offset by an equal increase in liabilities and stockholders' equity. E) can only occur when a firm has positive net income.
3) Both Jenny and Masur are salespeople for Athletic Shoes. Jenny
gets paid $8 per hour plus 4% commission on the sales. Masur gets paid $10 per hour plus 8% commission on the sales in excess of $1,000. If they work 8-hour days, for what sales amount would they both earn the same daily amounts?
