Each Component (Services/Agencies) uses the guidance provided by the Planning phase of the Planning, Programming, Budgeting, and
1 answer:
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The correct statement is "Hockey sticks had their prices reduced by $0. 41 more than baseball bats."
Mark down refers to a reduction in price of an item or good. The reduction is generally done as a percentage of price of the item. The purpose behind mark down is to increase sales volume.
<h3>Calculation of reduction in price:</h3>Given:
Markdown in price of baseball bats is 42%
Cost of baseball bats after markdown is $21.46
Markdown in price of hockey sticks is 29%
Cost of hockey sticks after markdown is $39.05
For calculating the amount of markdown, we need to find the original cost of baseball bats and hockey sticks.
Calculation of cost of baseball bats before markdown:
Hence the markdown in price of baseball bats is
Similarly, for hockey sticks:
Markdown in the cost of hockey sticks is .
Difference in markdown is:
Therefore it can be concluded that markdown in cost of hockey sticks is more as compared to baseball bats by $0.41
Hence the correct statement is "Hockey sticks had their prices reduced by $0. 41 more than baseball bats."
Learn more about markdown here:
Answer:
The stock will trade for 4.30 dollars in the market
Explanation:
The stock will be valued at the discounted value of their future cash flow.
w calculate the cas flow by multiplying by the grow rate given.
Then we discount using the present value of a lump sum:
Maturity $0.5000
time 3.00
rate 0.18
PV 0.30
Then, for the entire of the dividend after year 6th we use the gordon model:
dividends / (rate - grow) and then we discount that
Y# Cashflow Discounted
0 0
1 0
2 0
3 0.5 0.304315436
4 0.825 0.425525822
5 1.36125 0.595014921
6 1.4565375 2.971555503
Total 4.296411682