Answer:
Price of share = $10.96
Explanation:
next year dividends would be .9*(!+0.035) = 0.9315
Price of share = div1/(r-g)
= 0.9315/(.12-0.035)
= $10.96
Answer:
Rewriting each line by hand.
Answer: Managing for Long-Term Profits
Explanation:
When the immediate profit is given up by companies by developing quality products in order to penetrate competitive markets over the long term.
Products are priced relatively low when compared to their development cost, but the company later expects to make greater profits because of the company's high market share.
<u>ISO standards</u> ensure that goods produced in one country will meet the requirements of buyers in another country.
The International Organization for Standardization (ISO), is a non-governmental organization which comprises standards bodies from more than 160 countries, with one standards body representing each member country.
ISO standards provide a strong basis for the development of national and international regulation, helps in saving time and reduce barriers to international trade. International Standards mean that consumers can have confidence that the products are reliable and of good quality.
Hence, through the ISO standards the requirements of buyers are met in another country.
To learn more about ISO standards here:
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