Answer: employees want the extra money more than they want to work at a pace that feels comfortable
Explanation:
A standard hour plan is based on the units that employees produce and once that unit is met, a set hourly wage is paid to the employees and an incentive can be given once the standard number of hours is exceeded.
It should be noted that a standard hour incentive plan is likely to be successful if employees want the extra money more than they want to work at a pace that feels comfortable. This will motivate them to work for extra hours since they want the extra money.
A listing agreement is a contract between the property proprietor and the estate broker. The listing agreement must have been an exclusive right to sell.
<h3>What is Exclusive Right-to-Sell Listing Agreement?</h3>
An Exclusive Right-to-Sell Listing Agreement is one of the types of listing agreement that is a contract signed by the broker and the owner. The broker acts as an agent that has been involved in sales.
The owner has to pay a commission to the broker even if the sales were not through the agent during the time period of the contractual agreement. The property in the time period cannot be listed with another broker.
Therefore, the listing agreement is Exclusive Right-to-Sell.
Learn more about exclusive right-to-sell, here:
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Answer:
a. If dividends are annual and expected to be constant, what is the intrinsic value (fair price) of ABC stock?
P₀ = $0.26 / 12% = $2.16667 = $2.17
b. What is ABC's dividend yield?
$0.26 / $2.17 = 12%
c. From now on, assume that the dividend of 0.26 was a quarterly dividend. What is the quarterly discount rate?
12% / 4 = 3%
d. What is the intrinsic value if dividends are constant and quarterly?
P₀ = $0.26 / 3% = $8.66667 = $8.67
e. We now think that dividends will grow by 0.3% from quarter to quarter. The firm just paid the quarterly dividend of 0.26. What is the intrinsic value of ABC stock?
P₀ = ($0.26 x 1.003) / (3% - 0.3%) = $9.6585 = $9.66
f. A different analyst thinks that ABC's dividends will grow by 5% for the next 4 quarters, and then grow by 0.3% thereafter. What is the intrinsic value?
Div₀ = $0.26
Div₁ = $0.273
Div₂ = $0.287
Div₃ = $0.301
Div₄ = $0.316
Div₅ = $0.317
terminal value in 4 quarters = $0.317 / (3% - 0.3%) = $11.74
P₀ = $0.273/1.03 + $0.287/1.03² + $0.301/1.03³ + $0.316/1.03⁴ + $11.74/1.03⁴ = $0.265 + $0.271 + $0.275 + $0.281 + $10.43 = $11.522
Answer:
In a true communist economy, the community makes decisions. In most communist countries, the government makes those decisions on their behalf. This system is called a command economy.
Answer:
$14,500
Explanation:
From the above, the below details are given;
Authorized share capital , which represent maximum number of shares that a company is allowed to issue.
Issued shares, which is the number of shares issued by a company including shares purchased and backed by a company(treasury stock).
There is also outstanding shares which is treasury stock less issued shares.
We do also know that treasury stock does not have any right of dividend because the shares are held by the company hence cannot pay dividend to itself.
Therefore, the total amount of the cash dividend is = 14,500 × $1.00
= $14,500
