Answer:
New price (P1) = $72.88
Explanation:
Given:
Risk-free rate of interest (Rf) = 5%
Expected rate of market return (Rm) = 17%
Old price (P0) = $64
Dividend (D) = $2
Beta (β) = 1.0
New price (P1) = ?
Computation of expected rate on return:
Expected rate on return (r) = Rf + β(Rm - Rf)
Expected rate on return (r) = 5% + 1.0(17% - 5%)
Expected rate on return (r) = 5% + 1.0(12%)
Expected rate on return (r) = 5% + 12%
Expected rate on return (r) = 17%
Computation:
Expected rate on return (r) = (D + P1 - P0) / P0
17% = ($2 + P1 - $64) / $64
0.17 = (2 + P1 - $64) / $64
10.88 = P1 - $62
New price (P1) = $72.88
Tortilla chips are most likely Convenience <span>products since they are purchased with little shopping effort.
Convenience products refer to the type of products that bought by the customers without proper plannings Usually these type of products are cheap, fast to consume, and ordered in a pretty large quantity., </span>
Answer:
Mexicans
Explanation:
According to the GLOBE project and Hofstede's cultural dimensions, Mexico falls under category of high power distance, whose culture is more based on collectivism. Leaders in these cultures who are successful are the ones who make decisions collectively, therefore any individual approach by these managers in an organization towards decision-making would be viewed negatively.
Answer:
b. Married filling jointly
Explanation:
From the question we are informed about taxpayer's spouse who dies in August of the current year. In this case,
the taxpayer's filing status for the current year would be Married filling jointly. Joint return can be regarded as tax return which is been filed with the Internal Revenue Service by two married taxpayers that decide to have a filing status of "married filing jointly" or a widowed taxpayer that decide to have a filing status of " Qualifying Widow "A joint return give room for the
taxpayers to join their tax liability as well as report their income, credits and
deductions on the same joint return.
The joint return rates still validly
apply even two year after the death of a particular spouse, so far the
surviving spouse of the dead spouse does not remarry and still maintains a household as regards a dependent child.
Running a company and protecting the interests of owners and other stakeholders is known as <u>Corporate Governance</u>.
<h3>What is a Corporate Governance?</h3>
Basically, the corporate governance refers to the system by which companies are directed and controlled.
The Boards of directors are responsible for the governance of their companies while the shareholders' role in governance is to appoint the directors.
Therefore, the running of a company and protecting the interests of owners and other stakeholders is known as corporate Governance.
Read more Corporate Governance
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