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3 years ago

When did american business begin to concentrate on customer needs why?

1 answer:

3 0

<span>American businesses began to be more interested in the needs of their customers due to the increase in the competition between merchants and the demand of quality by the consumer which forced the merchants to pay more attention to consumer needs rather than their own necessities as an entrepreneur, since if the consumer does not need a product, then it is not commercially viable. Since the 1950's the increase in consumption has had a direct impact on entrepreneurs, business owners, and markets.</span>

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Future Motors is expected to pay a $3.30 a share annual dividend next year. Dividends are expected to increase by 2.75 percent a

sveta [45]

Answer:

$26.94

Explanation:

We know,

Current stock price = P0 = $\frac{D1}{ks - g}$

Given,

expected dividend = $3.30

Growth rate, g = 2.75% = 0.0275

Required rate of return, ks = 0.15

Putting the values into the formula, we can get

Current stock price, P0 = $\frac{3.30}{0.15 - 0.0275}$

Or, Current stock price, P0 = $\frac{3.30}{0.1225}$

Therefore, Current stock price, P0 = $26.94

3 0

2 years ago

Trudy inc had the following bank reconciliation at march 31 2013 all reconciling items at march 31 2013 cleared the bank in apri

djverab [1.8K]

Answer:

The cash balance per books at April 31, 2013 is $28,200.

Explanation:

It is required to compute the Balance per bank on 30, April:

Balance per bank on 30 April = Balance per bank statement + Deposits - Disbursement

= $37,200 + $46,700 - $49,700

= $83,900 - $49,700

= $34,200

The Cash balance per books on April 30, 2013 is computed as:

Cash balance per books on April 30, 2013 = Balance per bank on 30 April - Cleared the outstanding checks

= $34,200 - $6,000

= $28,200.

7 0

2 years ago

You are offered two jobs, one in Chicago paying $67,000 and one in Dallas paying $58,000. The price index in Chicago is 110.8, a

Sergeu [11.5K]

Answer:

you definitely take the job in Dallas because the real wage is higher there.

Explanation:

given data

Chicago paying = $67,000

Dallas paying = $58,000

price index in Chicago = 110.8

price index in Dallas = 91.5

solution

we get here Real wage in Chicago that is

Real wage in Chicago = 67000 × $\frac{100}{110.8}$

Real wage in Chicago = $60469

and

Real wage in Dallas is

Real wage in Dallas = 58000 × $\frac{100}{91.5}$

Real wage in Dallas = $63388

so you definitely take the job in Dallas because the real wage is higher there.

6 0

2 years ago

Say a pill existed that made people selfless. After taking it they were only interested in others, not themselves. Under the coo

seraphim [82]

Answer:

The correct answer is letter "C": there still would be an economic problem.

Explanation:

Coordination, in Economics, refers to the set of actions different individuals take to satisfy their needs mutually. Problems arise in case there is not enough coordination of the individuals in an economy bringing lower benefits for them. For coordination to take place there must be a leader driving people's activities the most efficient way possible.

In the case of the example, <em>after taking a pill that made people selfless, those individuals would still lack coordination because it would be difficult to determine which sector of individuals will be the priority for the satisfaction of needs. Therefore, even after the introduction of the pill, that society would give an economic problem.</em>

6 0

2 years ago

Gruber Corp. pays a constant $8.45 dividend on its stock. The company will maintain this dividend for the next 15 years and will

nata0808 [166]

Answer:

The price of the stock today is $54.61

Explanation:

The stock of this company pays a constant dividend for a defined period of time after equal intervals. Thus, it is just like an annuity. To calculate the price of such a stock, we will use the present value of annuity formula:

Assuming that the dividend is paid at the end of the period.

Present Value of Annuity = Dividend * [(1 - (1+r)^-n) / r]

Where,

r is the required rate of return
n is the number of years of annuity

The price of the stock today is,

P0 = 8.45 * [(1 - (1+0.13)^-15) / 0.13]

P0 = $54.607 rounded off to $54.61

5 0

2 years ago