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Bess [88]
3 years ago
7

Mandy has perfected the art of glass-blowing. She has made gifts for her friends for years and has always gotten rave reviews. S

he decided to make a business out of her craft. She plans to run the business out of her home so she can be there to raise her children and still participate in all of their activities. Mandy is not interested in growing a large business; she just wants to make extra income. Mandy is best described as a(n) ________.
Business
1 answer:
OLEGan [10]3 years ago
8 0

Answer: Micropreneur

Explanation: In simple words, micropreneur refers to an individual who is willing to start a business at a very small level. Usually these individuals pursue their hobbies as their business so that they can gain some profit while living a balanced life style.

In the given case, Mandy is willing to start a business out of an art she is perfect in. Also she is going to start it at a very small level o that she can take care of her children at the same time.

Hence from the above we can conclude that Mandy is a micropreneur.

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The ______technique for group decision making in which discussion is structured and the final solution is decided by silent vote
alukav5142 [94]

Answer:

The correct answer is nominal group technique.

Explanation:

This nominal group technique is a type of brain storming where structured meetings are being held among the members, where they will try to take out the solutions to the problems identified by them, and thus facilitating decision making. The meetings are structured here because the goal is to make sure the meetings are not dominated by few individuals and the silent members also share their thoughts and ideas with the rest of the group.

5 0
3 years ago
Universal Laser, Inc., just paid a dividend of $3.10 on its stock. The growth rate in dividends is expected to be a constant 6 p
Vadim26 [7]

Answer:

Ans. The current price of the stock is $56.82

Explanation:

Hi, well, the problem here is that we have different discount rates, in other words the required rate of return for the stock changes several times, therefore we are going to break this problem in 3 parts, or bring to present value all the cash flows in 3 steps. Let´s start with the value of the dividends.

We have to use the following formula.

Dn=D_{(n-1)} *(1+g)

Where, D(n-1) is last dividend and Dn is the dividend that we are looking for, for example, D1 = 3.10*(1+0.06)=3.29, D2=3.29*(1+0.06)=3.48, and so forth. The amount to pay on dividends per share is,

D1=3.29; D2=3.48; D3=3.69; D4=3.91; D5=4.15; D6=4.40; D(7)=4.66

Since the first 3 years are to be discounted at a 15%, this is how the formula should look like.

PV(1)=\frac{D1}{(1+r(1))^{1} } +\frac{D2}{(1+r(1))^{2} } +\frac{D3}{(1+r(1))^{3} }

PV(1)=\frac{3.29}{(1+0.15)^{1} } +\frac{3.48}{(1+0.15)^{2} } +\frac{3.69}{(1+0.15)^{3} }=7.92

Now, for the second part, we have to bring all cash flows to year 3 at r(2)=13% and then bring it to present value at r(1)=15%. This is because we have 2 different discount rates, this is as follows.

PV(2)=(\frac{D4}{(1+r(2))^{1} } +\frac{D5}{(1+r(2))^{2} } +\frac{D6}{(1+r(2))^{3} })*\frac{1}{((1+r(1)^{3} }

PV(2)=(\frac{3.91}{(1+0.13)^{1} } +\frac{4.15}{(1+0.13)^{2} } +\frac{4.40}{(1+0.13)^{3} })*\frac{1}{(1+0.15)^{3} } =6.42

Finally, we need to bring all the future cash flows from year 7 and beyond, notice that we need to use the return rate r(3) to bring everything to year 6, then we have to bring it to year 3 and then to present value, everything as follows.

PV(3)=(\frac{D7}{(r(3)-g)} )*(\frac{1}{(1+r(2))^{3} } )*(\frac{1}{(1+r(1))^{3} } )

PV(3)=(\frac{4.66}{(0.11-0.06)} )*(\frac{1}{(1+0.13)^{3} } )*(\frac{1}{(1+0.15)^{3} } )=42.48

So, the price of the stock is PV(1) + PV(2) + PV(3), or:

Price=7.92+6.42+42.48=56.82

Price= $56.82/share

Best of luck.

3 0
3 years ago
A firm that purchases electricity from the local utility for $200,000 per year is considering installing a steam generator at a
Sonja [21]

Answer:

-1,551,758.16

5 0
3 years ago
Economists generally agree that increases in the minimum wage increase employment.a. TRUEb. FALSE
andreyandreev [35.5K]

Answer:

b. FALSE

Explanation:

Economists do not have a unanimous consensus that an increase in the minimum wage will cause greater employment opportunities. In fact, the opposite is the case because research shows that when the minimum wage is increased, there is less demand for low-skill workers. Given that these firms would be paying more, they would want to only employ those that have a high-skill set and thus save their organization of some funds. Since businesses are not charity organizations, they must make decisions that will benefit them.

5 0
3 years ago
_____ was established by the Better Business Bureau to evaluate ads directed at children based on guidelines that encourage sens
kaheart [24]

Review Unit for Children's Advertising  was established by the Better Business Bureau to evaluate ads directed at children based on guidelines that encourage sensitivity to their level of sophistication and knowledge, as well as an emphasis on positive social traits such as friendship and kindness.

<u>Explanation: </u>

In 1974, the US self regulatory organization was created by the National Advertising Review Board. The Children's Advertising Review Unit is an organization of the Council of Better Business Bureaus, basically has two missions:  

  1. to protect kids from misleading or unwanted coverage across all channels and;  
  2. CARU partners with companies in order they conform to all relevant legislation and the autonomous CARU standards which take account of the exceptionally impressive and disadvantaged children's audience, both marketing and data collection practices.

When advertising or data gathering practices are discovered to be ambiguous, improper or inconsistent with the CARU guidelines, CARU aims to change through voluntary participation between companies.

4 0
3 years ago
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