The scenario given above is an example of cultural manners and customs. Cultural manners and customs has to do with the the ways societies do things in foreign countries. Manners and customs typically affect both the management and marketing operation of a company. International companies must understand the manners and customs of the country where they are located in order to succeed.
Answer:
$52.08
Explanation:
The computation of the value of the stock is shown below:
Year Dividend Present value factor at 12.9% Present value
1 $2.95 0.886 2.6137
2 $3.10 0.784 2.4304
$60 0.784 47.04
Total present value $52.08
The present value factor is computed below:
= 1 ÷ (1 + rate) ^ years
For Year 1 = 1 ÷ 1.129^1 = 0.886
For Year 2 = 1 ÷ 1.129^2 = 0.784
Answer:cost of investment/annual net cash flow
Explanation:
I believe the answer is...... B