Common stock valueVariable growth Newman Manufacturing is considering a cash purchase of the stock of Grips Tool. During the year just completed, Grips earned $ per share and paid cash dividends of $ per share (D0). Grips' earnings and dividends are expected to grow at % per year for the next 3 years, after which they are expected to grow % per year to infinity. What is the maximum price per share that Newman should pay for Grips if it has a required return of % on investments with risk characteristics similar to those of Grips? The maximum price per share that Newman should pay for Grips is $ nothing. (Round to the nearest cent.)

The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east westsales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 )the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss) of: multiple choice$91,900$(64,100)$(142,000)$(50,100)