If the price of Iguana Handbags Inc. stock is $43, its required return is 20%, and the last dividend was $3, what is its dividend growth rate? (Round to the nearest tenth.)
A) 12.2%
B) 13.0%
C) 11.7%
D) 10.0%
E) 17.4%
A
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A general partner will not be personally liable for which of the following acts or transactions?
A. The gross negligence of one of the partnership's employees while carrying out the partnership business. B. A contract entered into by the majority of the other partners but to which the general partner objects. C. A personal mortgage loan obtained by one of the other partners on his or her residence to which that partner, without authority, signed the partnership name on the note. D. A contract entered into by the partnership in which the other partners agree among themselves to hold the general partner harmless.
Which of the following is not a goal of JIT partnerships?
A) removal of unnecessary activities B) removal of in-plant inventory C) removal of in-transit inventory D) inspect all incoming shipments to ensure zero defects E) All of the above are goals of JIT partnerships.