Answer: B
Explanation: Victor had a certification in science and was not certified in art
Answer: Bureaucratic organizations
Explanation: These organisations works with a high degree of formality in their operations. The structure of authority in such organisations are fixed and usually depicts pyramid structure.
The decisions under such organisations are made in an organized and predetermined basis. In such organisations, a separate pyramid structure of authority is followed by every different department.
Answer:
The value of stock A is higher than the value of Stock B and option A is the correct answer.
Explanation:
The constant growth model values the intrinsic value of a stock based on a constant growth rate in the dividends paid by the stock. This is a part of DDM and it values a stock based on the present value of the expected future dividends from the stock.
The formula for price today under constant growth model is,
P0 = D1 / (r - g)
Where,
- D1 is the expected dividend for the next period
- r is the required rate of return
- g is the growth rate in dividends
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We will calculate the P1 and discount is back one year to calculate the price today because we are given P1 and the constant growth rate applies from Year2 or D2.
<u>Stock A</u>
P1 = 4 * (1+0.06) / (0.1 - 0.06)
P0 = 106 / (1+0.1)
P0 = $96.36
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<u>Stock B</u>
P1 = 4 * (1+0.05) / (0.1 - 0.05)
P0 = 84 / (1+0.1)
P0 = $76.36
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Thus the value of stock A is higher than that of Stock B.
Answer:
$932 per unit
Explanation:
The computation of direct materials cost per equivalent unit is shown below:-
Work in process ending 100% complete in material = 840 + 290
= 1,130
Total cost = Direct material + Direct materials costs added during March
= $346,000 + $707,500
= $1,053,500
Material Equivalent unit cost = Total cost ÷ Units to account for
= $1,053,500 ÷ 1,130
= $932 per unit
<u>Answer:
</u>
Until the late 18th and early 19th centuries, most organizations were relatively small and were owned and operated as sole proprietorships or partnerships.
<u>Explanation:
</u>
- After the advent of industrialization, many individuals chose to shift to mass production of commodities.
- These individuals set up small businesses of their own with their own capital.
- The ones who could not afford to start a set up with what they had entered into partnerships.
- As there was no concept of corporations, the trend of shared ownership among more than two persons did not exist.