Answer: Evaluation and Control.
Explanation:
If the company is to measure it's performance based on their goal and objectives, this implies that the goal and objective of that company has become a tool with which the company can appraise their performance which is a form of evaluation.
Answer:
c.a restrictive indorsement.
Explanation:
-Blank endorsement refers to an instrument that allows any holder to request the payment.
-Qualified endorsement refers to a signature in an instrument that transfers the amount to other person.
-Restrictive endorsement puts a limit on an instrument like the sentence "For deposit only."
-Special endorsement enables to make a check payable to someone else.
According to this, the answer is that this is a restrictive endorsement.
Answer:
The market's required rate of return on Sure's stock is 16.5%
Explanation:
The required rate of return is the minimum return that investors would accept to invest in a stock based on the risk associated to that stock. The required rate of return can be calculated using the Capital Asset Pricing Model (CAPM). The formula for required rate of return under this model is,
Required rate of return (r) = rFR + Beta * (rM - rFR)
Where,
- rFR is the risk free rate
- Beta is the stock's measure of risk
- rM is the expected return on market
Thus, for Sure Tool, the required rate of return is,
r = 0.04 + 1.25 * (0.14 - 0.04)
r = 0.165 or 16.5%
