Answer:
$20
Explanation:
Current Stock Price:
= (Net income ÷ common shares outstanding) × P/E ratio
= (900,000 ÷ 300,000) × 8
= $24
No of Stock Dividend issued:
= common shares outstanding × Percent of stock dividend approved
= 300,000 × 20%
= 60,000
No of Outstanding Sharing share after stock dividend:
= common shares outstanding + No. of Stock Dividend issued
= 300,000 + 60,000
= 360,000
Common stock price after the stock dividend:
= = (Net income ÷ common shares outstanding after stock dividend) × P/E ratio
= (900,000 ÷ 360,000) × 8
= $20
Answer:
Cross functional teams
Explanation:
Cross functional teams is the term which is defined as the groups which are made up of the people from the different functional areas within the company or firm such as the human resources, marketing, sales, customer service and distribution.
Under this teams are effective as each member could address the business decision from different view points.
Therefore, the cross functional teams are the one which compromise of the employees stating the various company functions.
Answer:
The correct answer is letter "B": Economical.
Explanation:
Economical or business writing takes place in the corporate world. Business writing is characterized for being objective, direct, avoid the use of redundancy, hidden verbs, exuberance, and wordy phrases. Managers, moreover, have little time to read, then, messages directed to top executives must be summarized without omitting relevant information that could allow them to take optimal decisions.
Answer:
8.5%
Explanation:
we can calculate the company's cost of equity in two different ways:
Re = risk free rate + (beta x market risk premium) = 2.89% + (0.87 x 7.3%) = 9.24%
or
we can use the dividend growth model
P₀ = Div₁ / (Re - g)
Re - g = Div₁ / P₀
Re = Div₁ / P₀ + g
- Div₁ = $3.53 x 1.032 = $3.64296
- P₀ = $68.69
- g = 3.2%
Re = $3.64296/$68.69 + 3.2% = 8.5%
Personally, I would consider the second calculation to be more exact since the market knows better.
I thonk the answer is d.secured l hope that helps