Answer:
$27.14
Explanation:
Calculation for the price of the firm's perpetual preferred stock
Using this formula
Price of the firm perpetual preferred stock = Annual dividend / Required return
Where,
Annual dividend =$1.90
Required return=7% or 0.07
Let plug in the formula
Price of the firm perpetual preferred stock = $1.90 / 0.07
Price of the firm perpetual preferred stock=$27.14
Therefore the Price of the firm perpetual preferred stock will be $27.14
Most likely Michaela experienced an orientation. Orientation usually involve meeting people, seeing the facilities, and learning basic information about the job and the company.
Answer:
Stillwater Designs
Sales Budget 2014
Year 2014
Product First Second Third Fourth Total
<u>quarter quarter quarter quarter </u>
S12L7 800 2,200 5,600 4,600 13,200
S12L5 1,300 1,400 5,300 3,900 11,900
A sales budget gives us an estimate of how many units (and $) the company will sell in the following months, quarters or even years.
Answer:
Planning
Explanation:
Planning is one of the major functions of a manager. The others are organizing, leading, and controlling.
Planning involves setting an organization's goals and objectives and putting in measures to achieve them. A manager must select the best option for achieving the set goals. Planning will include allocating human and other resources in areas they are best suited and setting timelines for completing critical tasks. The planning role requires managers to delegate responsibilities, set priorities, and check on progress to ensure the organization is on track in meeting its goals.