Answer:
The correct answer is (a)
Explanation:
In the United States, professionalism is the key and time is considered as an important factor. Maryanne is always late which means she needs to improve this habit because in the United States the attitude towards time is Folkway. Folkways are the traditions or norms that are followed by everyone in daily lives they are known as social norms.
Answer:
The correct statement is A firm can show a large amount of retained earnings on its balance sheet yet need to borrow cash to make required payments.
Explanation:
Answer:
Required return 10.27%
Dividend yield 5.77%
Expected capital gains yield 4.5%
Explanation:
Calculation for required return using this formula
A. R = (D1 / P0) + g
Let plug in the formula
Required return = ($2.30 / $39.85) + .045
Required return = .1027*100
Required return= 10.27%
Therefore Required return is 10.27%
Calculation for dividend yield using this formula
Dividend yield = D1 / P0
Let plug in the formula
Dividend yield = $2.30 / $39.85
Dividend yield = .0577*100
Dividend yield = 5.77%
Therefore Dividend yield is 5.77%
Calculation for the expected capital gains yield
Using this formula
Expected capital gains yield=Required return-Dividend yield
Let plug in the formula
Expected capital gains yield=10.27%-5.77%
Expected capital gains yield=4.5%
Therefore Expected capital gains yield is 4.5%
