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Semmy [17]
3 years ago
6

In a limited service hotel, with no full time controller, who would most likely assume the controllers duties?

Business
1 answer:
kakasveta [241]3 years ago
5 0
The General manager would likely assume the controllers’ duties in a limited service hotel, with no full-time controller. Controllers duties includes guiding financial decisions and protects assets by establishing, monitoring, and enforcing policies, procedures and internal control. He/she monitors and confirms financial condition by conducting audits and providing information to external auditors.



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ART has come out with a new and improved product. As a result, the firm projects an ROE of 27%, and it will maintain a plowback
emmasim [6.3K]

Answer:

$41.14

Explanation:

Dividend per share=$4

Divided=1-retained profits=1-.2=.8

Cost of equity=15%

Growth rate=27%*.2=5.4%

The formula is;

Current Stock price=Dividend/(cost of equity-growth rate)

Current stock price=4(1-.2)/(.15-.27*.2)=$33.33

Share price after 4 year will be=$33.33(1+.27*.2)^4=$41.14

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Answer:

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