1. Metroplex Corporation will pay a $5.60 per share dividend next year. The company pledges to increase its dividend by 6.10 percent per year indefinitely. Required: If you require an 10.50 percent return on your investment, how much will you pay for the company's stock today?
Sedman, Corp., has projected the following sales for the coming year: Q1 Q2 Q3 Q4 Sales $ 900 $ 980 $ 940 $ 1,040 Sales in the year following this one are projected to be 10 percent greater in each quarter.
a. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 30 percent of projected sales for the next quarter. Assume that the company pays immediately. (Round your answers to 2 decimal places, e.g., 32.16.) Q1 Q2 Q3 Q4 Payment of accounts $ 294 $ 282 $ 312 $
b. Calculate payments to suppliers assuming a 90-day payables period. (Round your answers to 2 decimal places, e.g., 32.16.) Q1 Q2 Q3 Q4 Payment of accounts $ $ $ $
c. Calculate payments to suppliers assuming a 60-day payables period. (Round your answers to 2 decimal places, e.g., 32.16.) Q1 Q2 Q3 Q4 Payment of accounts $ $ $ $