National income figures are an important tool of macroeconomic analysis and policy.
National income estimates are the most comprehensive measures of aggregate economic activity in an economy.
After prospects have been identified and qualified, the next step in the selling process is the preapproach. This step requires the salesperson to learn as much as <span>possible about the potential customers wants and needs.</span>
Because of the Sarbanes-Oxley act, accountants must maintain financial documents and audit work for five years.
This act was enacted in 2002 in the US. It has to do with the accuracy of financial information, and was named after the sponsors of the act, US <span>Senator </span>Paul Sarbanes<span> </span><span>and U.S. Representative </span>Michael G. Oxley.
The three approaches to management which are considered to be historical perspectives are:
1. The classical view point: this emphasize finding ways to manage work more efficiently.
2. The behavioral view point: emphasize the need to understand human behavior and to encourage employees toward achieving the company's goals.
3. The quantitative view point: this emphasizes the application of quantitative measures to management.<span />
We will use the constant growth model to calculate the required stick of return. This will be:
R = (D1 / Po) + G
R = ($1.60/$30) + 6%
R = 0.0533 + 0.06
R = 0.1133
R = 11.33%
The required return is 11.33%