Answer:
D. intellective
Explanation:
The Intellective task is the task that includes the group capability for making the decision or the judgement
Since in the given situation it is mentioned that the company directors wants the group of the top level manager where the expansion strategy should be called via having the situation on the hand so here the task allocated to the group represent the example of the intellective task
Answer:
(a) $51.92
(b) She will face a loss of $7.66
Explanation:
(a) Market Value of Preferred Stock:
= Dividend ÷ Required Return
= $5.40 ÷ 10.4%
= $51.92
(b) If she sells the stock when the required return on similar-risk preferred stocks has risen to 12.2%.
Market value of the securities:
= $5.40 ÷ 12.2%
= $44.26
therefore,
Market value of the securities - Market Value of Preferred Stock
= $44.26 - $51.92
= $7.66
She will face a loss of $7.66
Answer:
False
Explanation:
"An auditor is a watchdog and not a blood hound". The purpose of conducting an audit is to provide 'reasonable assurance" and not 'absolute assurance' to the management of an entity and users of financial statements.
An auditor cannot be held liable for any misstatement or fraud if he proves that he did his work diligently, and acted bona fide, and as per the evidence available to him, arrived at such an opinion.
But, in cases wherein an auditor has acted grossly negligent or colluded with management or window dressing of accounts, such auditor would be held personally liable and accountable. For e.g Enron case.
Answer:
$71.80
Explanation:
First, calculate the present value (PV) of each year's dividend at 11% required return;
PV(of D1) = 1.65 / (1.11) = 1.4865
PV(of D2) = 1.97 / (1.11²) = 1.5969
PV(of D3) = 2.54 / (1.11³) = 1.8572
Find D4 = 2.54(1+0.08) = 2.7432
Next find Present value PV of terminal cashflows
PV(of D4 onwards) = 
Add the PVs to find the current value of the stock today;
= 1.4865 + 1.5969 + 1.8572 + 66.8601
= 71.8007
Therefore, it is worth $71.80
