Calculate the Growth Rate in Wesfarmers Ltd Dividends Given Its

question 68

Essay

Calculate the growth rate in Wesfarmers Ltd dividends given its annual dividend has increased from $0.73 in 2000 to $1.80 in 2013.Assuming this growth rate continues and that investors require a return of 12%, estimate the company's share price just after the 2013 dividend was paid.

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Definitions:

Vocational School

An educational institution that provides training and skills for specific trades or careers, focusing on practical job-related skills.

Revenue Variances

The difference between actual revenue and budgeted or forecasted revenue, indicating if a business is performing above, on, or below expectations.

Spending Variances

Differences between actual spending and budgeted amounts in a company's budget, indicating over or underspending.

Departmental Managers

Individuals responsible for overseeing the operations of specific departments within an organization, ensuring goals and objectives are met.