Answer:
E. was due to factors within or outside the firm's control.
Explanation:
The purpose of variance analysis is to address the differences between the budgeted and actual performance of the company.
Variance analysis aids in understanding the reasons fluctuations happen with the aim of reducing or avoiding adverse variances, which eventually leads to improved budgeting.
The reason an organisation would want to know if variances were due to factors within or outside the organisation is because they need to address all such variances that are under management control by looking at what could have been differently.
Answer: Price of stock at year end =$53
Explanation:
we first compute the Expected rate of return using the CAPM FORMULAE that
Expected return =risk-free rate + Beta ( Market return - risk free rate)
Expected return=6% + 1.2 ( 16%-6%)
Expected return= 0.06 + 1.2 (10%)
Expected return=0.06+ 0.12
Expected return=0.18
Using the formulae Po= D1 / R-g to find the growth rate
Where Po= current price of stock at $50
D1= Dividend at $6 at end of year
R = Expected return = 0.18
50= 6/ 0.18-g
50(0.18-g) =6
9-50g=6
50g=9-6
g= 3/50
g=0.06 = 6%
Now that we have gotten the growth rate and expected return, we can now determine the price the investors are expected to sell the stock at the end of year.
Price of stock = D( 1-g) / R-g
= 6( 1+0.06)/ 0.18 -0.06
=6+0.36/0.12
=6.36/0.12= $53
Answer:tortious interference
Explanation:
tortious interference is a law term that comes to mind when there is a breach of contract resulting from the competitor's actions. Tortious interference in Tort law(an area of law) deals with the situation in which there is damage to property emanating from intentional or negligent acts of the defendant, in this case the competitor in business. In which case the actions(competitive behaviour) of defendant is not justifiable and permissible and simultaneously breaches contract of plaintiff, it becomes tortious interference.
X = 10.71 rounded to the hundredth
Answer:
D) laissez-faire
Explanation:
Connie sees her role as someone who provides direction and resources for her team then gets out of their way and lets them do their work however they think best. Connie uses the laissez-faire style of leadership. This style presents an attitude that takes place without interfering, letting things take their own course. Connie generally uses this leadership style.
