The common stock of ABC Industries is valued at $54.85 a share. The company increases their dividend by 3.1 percent annually and expects their next dividend to be $1.67. What is the required rate of return on this stock?
ABC Company has annual sales of $154,353 and cost of goods sold of $58,930. The average accounts receivable balance is $42,471. How many days on average does it take the firm to collect its accounts receivable? That is, what is the AR Period?