Answer: a. No, it is not a good buy because the stock is worth $30.56
Explanation:
Using the Gordon Growth model, the value of the stock is;
Value = Next Dividend / ( Required return - growth rate)
= 2.75 / (18% - 9%)
= $30.56
<em>The stock is worth $30.56 yet it is selling for $37.35. It is therefore overvalued and not a good buy. </em>
Answer:
Demographic segmentation.
Explanation:
Market Segmentation: Marketers tend to create segments of a whole market to identify the required market they will the push their product into. This helps in cutting marketing costs as the marketer will be focusing on specific segment not on the whole market.
- In the current case, marketer is trying to focus on <em>demographic segmentation.</em>
Demographic segmentation: In this segmentation, marketer creates segments regarding age, sex, religion, ethnicity, gender and income.
Joe's working rate = 1/16 per hour
Joe's working rate = 1/22 per hour
Let t = hours spent when working together.
Then
t = 1/(1/16 + 1/22)
= 1/(0.0625 + 0.0455)
= 9.263 hours
= 9 hours + 0.263*60 min
t = 9 hours, 16 minutes
Answer: 9 hours, 16 minutes
A flexible budget is one that is allowed to adjust based on a change in the assumptions used to create the budget during management's planning process. A static budget, on the other hand, remains the same even if there are significant changes from the assumptions made during planning.
A flexible budget adjusts based on modifications in real revenue or other activities. The result is financed within reason closely aligned with real effects. This approach varies from the extra commonplace static price range, which incorporates nothing but constant rate quantities that don't vary with actual sales levels.
A static budget is a budget that makes use of anticipated amounts for a given period prior to the period beginning. The unique element of a static budget is that it does not change irrespective of deviations in sales and prices.
The process of a flexible budget lets you alter spending throughout the 12 months; advantages consist of much less overspending, more possibilities, and faster responses to changing market and business conditions.
Learn more about flexible budget here: brainly.com/question/25353134
#SPJ4