Answer: Low risk taking culture
Explanation:
Organisational culture includes the behaviour, beliefs, value and principles in which an organisation operates on. It's entails the way business are done, decisions are made etc.
Low risk taking is an organisation culture aimed at minimising risks. Recommendations and Decisions are based on facts and genuine data not on abstract and unreal thoughts with decisions fully documented.
Answer:
The depreciation expense for year 2 is $13,469
Explanation:
Computing the depreciation expense for year 1 is:
Depreciation expense = Asset cost / Number of useful life
= $110,000 / 7
= $15,714.28
Computing the depreciation expense for year 2 is as:
Asset cost for year 2 = Asset cost - Depreciation expense for year 1
$110,000 - $15,714.28
= $94,285.72
So, depreciation expense would be:
Depreciation expense = Asset cost for year 2 / Number of useful life
= $94,285.72 / 7
= $13,469
Answer:
Explanation:
1)
Stock’s current price:
= P/E Ratio×EPS
= 12×$3
= $36
2)
Price of Stock = Annual Dividend / Discount Rate
Price of Stock = $6.00 / 0.08
Price of Stock = $75.00
3)
Price of Bond = Quoted price * Par Value
$982.50 = Quoted price * $1,000
Quoted price = 98.25
5)
D1 = Dividend yield *price = 0.08 *25 = $ 2
D4 = D1(1+G)^N
D4 = 2(1+.06)^3
D4 = 2* 1.19102
D4 = $ 2.38 per share