Answer:
Spend 10% on clothing and 10% on entertainment.
Explanation:
There are some expenses that you can lower that will not radically affect your lifestyle while other expenses should be more important.
For example, you shouldn't try to save money by eating less or going to live in an ugly place where you pay a very small rent.
If you want to save money, then you should cut some costs from non essential expenses like entertainment and new clothes.
Firm b pays a constant dividend (D0) = $9.50
Number of years (N) = 11 years
Rate of return on the stock ( R ) = 11%
The share price of the stock (P0) = Present value of dividend for 11 years at 11%
P0 = D0*PVIFA (k%,n)
P0 = $9.50*PVIFA(11%,11)
P0 = $9.50*6.20625
P0 = $58.96
Hence, the price of the stock is $58.96
Answer:
b) Thank the representative and accept the offer to cover expenses of your participation.
Explanation:
Since the representative asked for your participation on an expert panel that will be held at an upcoming international professional conference. The representative offered to pay for travel and lodgings for you and a guest to the conference.
The response that be most effective for helping you to make an ethical decision is to first of all, thank the representative and accept the offer to cover expenses of your participation.
As a sign of gratitude, you should thank them for the honor and privilege bestowed on you to be a part of the panel.
Also, having them offering to pay your travel and lodging costs would help you channel your energy into preparing and equipping yourself with necessary information and knowledge about the conference.
