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(answered) – 1 points QUESTION 13 ABC Company’s last dividend was $3.1. TheDescriptionSolution downloadThe Question1 pointsQUESTION 13?????? ABC Company’s last dividend was $3.1. The dividend growth rate is expected to be constant at 9% for 3 years, after which dividends are expected to grow at a rate of 4% forever. The firm’s required return (rs) is 15%. What is its current stock price (i.e. solve for Po)??Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.???????????? ????1 pointsQUESTION 14???????? ABC Company has the following projected sales:?? ????? Month???????? Sales $???????? Jan?? ???????? 18,935???????? Feb?? ???????? 42,207???????? Mar?? ???????? 32,561???????? Apr?? ???????? 48,674???????? ?15% of the sales are on cash and the remainder are on credit. Out of the credit sales, 40% are collected in the first month after sale, 26% are collected in the second month after sale, and the remainder are collected in the third month after sale. What is the amount of the April collections? ?Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.??????1 pointsQUESTION 15???????? ABC Inc. just paid its first annual dividend of $1.28 a share. The firm plans to increase the dividend by 3.6 percent per year indefinitely. What is the firm?s cost of equity if the current stock price is $74.55 a share? ?Enter your answer in percentages rounded off to two decimal points.????????? ?????1 pointsQUESTION 16???????? ABC Company has annual sales of $677,261. The cost of goods sold are $390,032. The firm has an accounts receivable balance of $14,920 and an accounts payable balance of $13,327. How many days does it take the firm to pay its suppliers? Assume 365 days. ?Enter your answer rounded off to two decimal points. ??????1 pointsQUESTION 17???????? A company sells 143,743 units per year. Fixed costs per order are $156 and carrying cost is $39 per unit per year. What is the Economic Order Quantity? ?? Enter your answer rounded off to two decimal points.??????1 pointsQUESTION 18???????? ABC?s last dividend paid was $4.58, its required return is 19%, its growth rate is 7%. What is ABC’s expected stock price in 6 years??Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.????????? ?????1 pointsQUESTION 19???????? ABC?s next dividend is expected to be $2.02, its required return is 21%, its growth rate is 6%. What is ABC’s expected stock price in 7 years??Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.????????? ??20.25 ???1 pointsQUESTION 20???????? Annual demand 144,503 units?Carrying costs $1.14 per unit ?Fixed Costs per order $5.5?Number of orders 27?What are the total costs??Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. ????????? ?????1 pointsQUESTION 21?????? The common stock of ABC Industries is valued at $88.33 a share. The company increases their dividend by 4.2 percent annually and expects their next dividend to be $3.07. What is the required rate of return on this stock??Note: Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box. For example, if your answer is 0.12345 then enter as 12.35 in the answer box.?????????? ????1 pointsQUESTION 22???????? At the start of the day, the ledger balance and the available balance for ABC Company was $5,504.

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