Answer:
a. Brokers bring buyers and sellers together and assist in negotiation.
Explanation:
Brokers are a kind of agents as, they help the buyers find the sellers, and the sellers to find the buyers.
They help in price negotiations and settling the deals. They are hired for individual deals, and not for a specified period.
They do not get any payments in the form of salary, but they get payment in the form of commission, based on the price of settlement of the deal.
Answer:
The total factory overhead to be charged to the desk lamps is $235,000
Explanation:
solution attached below
The idea behind this is that the musician chosen by a consumer will reflect that consumer's perception of the brand. This kind of research exemplifies "projective technique".
<h3>What is projective technique?</h3>
A form of personality testing known as projective approaches involves giving the subject of the test a straightforward, unstructured task with the intention of revealing personality traits.
The most well-known though contentious psychometric psychological testing method is frequently the projective methodology.
Key features of projective technique are-
- Respondents can project their real or subjective ideas and beliefs onto other persons or even inanimate things using projective techniques.
- From what the respondent says about other people, one might therefore infer the respondent's true feelings.
- Typically, projective techniques are applied in one-on-one or small-group interviews.
To know more about projective technique, here
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Answer:
The maximum that one should be willing to pay for this stock today is $21.38
Explanation:
The constant dividend paying company is the one whose dividend growth remains zero or unchanged. The zero growth model of the DDM is used to calculate the price or value of stock today of such a stock. This kind of stock is just like a perpetuity as it pays a fixed amount after fixed intervals of time forever.
The formula for price of such a stock or zero growth model is:
Price = Dividend / r
Price = 3.1 / 0.145
Price = $21.379 rounded off to $21.38