Answer: 6%
Explanation:
Inflation increases prices in an economy and therefore makes a currency weaker because the currency will only be able to buy less than what it was able to.
Inflation therefore affects returns which is why the real returns are the more relevant measure.
The real interest rate accounts for inflation by using the formula:
= Nominal rate - Inflation rate
= 24% - 18%
= 6%
Answer:
A. participative budgeting
Explanation:
Participative budgeting -
It refers to the type of method of budgeting , where the person implementing the budget as well as the person getting affected by the budget are involved in the process of creating the budget , is referred to as participative budgeting .
In this method the top - level managers are supposed to share the decision of budgeting with the bottom - level managers as well .
Hence , from the given information of the question ,
The correct answer is A. participative budgeting .
Answer:
he would be part of the energy distribution process
Explanation:
As Viet drives around and checks meters to document the amount of electricity used in homes since the electricity is distributed off a power line into the house and then within the house by the wiring to the lights and the electrical outlets for usage by the inhabitants.
Answer:
1. Investigate the invoices that have been send out (sequencing, their details and amounts) and cross check the invoices that have been paid up. Then for invoices paid up verify that date descriptions and amounts have been entered correctly or as purported by the co-worker.
2. The Cash Account is Decreasing after the correction.
3. It is not professional to accepts such special treats from co-workers for helping them in the workplace.
Explanation:
All financial information must be treated with great caution as reckless acts my constitute to fraud and irregularities.
Exercise Professionalism by doing a bit of background check on error and the intent of the worker. Also allow internal controls to take course in terms of authorization privileges to alter transactions.
Answer:
a. will be higher than the present value of stock B
Explanation:
Use the formula for dividend discount model (DDM) to calculate the price of each stock;
<u>For Stock A</u>
Price = Div1 /(r-g)
where Div 1 = next year's expected dividend
r = required rate of return
g = dividend growth rate
Price = 4 / (0.10- 0.06)
Price = $100
<u>For Stock B</u>
Price = Div1 /(r-g)
Price = 4 / (0.10 - 0.05)
Price = $80
Therefore, the intrinsic value of stock A will be higher than the present value of stock B
