Answer:
$12.14
Explanation:
The computation of the current value of one share of the stock is shown below:
D2 = (1 × 1.25) = $1.25
D3 = (1.25 × 1.25) = $1.5625
Now
Value after year 3 is
= (D3 × Growth rate) ÷ (Required return - Growth rate)
= (($1.5625 × 1.06) ÷ [0.17 - 0.06)]
= $15.05681818
Now
Current value is
= Future dividends × Present value of discounting factor(17%,time period)
= $1 ÷ 1.17 + $1.25 ÷ 1.17^2 + $1.5625 ÷ 1.17^3 + $15.05681818/1.17^3
= $12.14
Explanation:
To understand the basic philosophy behind the four factors of production
Land - Labor - Capital - Entrepreneurship
Lets consider an example:
Someday, just finishing your college, you think of starting a pizza business and you start selling pizza's one day. You might end up making a Pizza brand like Pizza Hut.
Here, in this example, to start your pizza shop, you need a place or area, this is known as Land factor. When you start making pizza, you need someone to work in that shop, (or if you doing it by yourself too) there should be at least some human being doing it, this factor is referred as Labor. To start the pizza shop, you need to buy the equipment, taking a shop on rent, or buying it, renovation of the shop etc. All of these things need, of course, Money, which is referred as Capital here. The idea you going to start this business, the courage to make it, definitely makes you an Entrepreneur, in utilizing all other factors effectively and efficiently. Therefore, this is linkage between these four factors of production, and how they fit together.
accelerated filer, A company reporting requirements for five years and has an aggregate worldwide market cap of $300 million is an accelerated filer.
More about accelerated filer?
A publicly traded company that, as of the end of its fiscal year, satisfies each of the following requirements:
- As of the final business day of the company's most recent completed second fiscal quarter, the total worldwide market value of the voting and non-voting common equity held by its non-affiliates (or public float) was $75 million or more but less than $700 million.
- For at least 12 months, the company has been required to report in accordance with Sections 13(a) or 15(d) of the Exchange Act.
- The business has previously submitted at least one annual report in accordance with Exchange Act Sections 13(a) or 15(d).
- The company does not meet the revenue requirements (which include those listed below), so it is not eligible for smaller reporting company status.
Learn more about accelerated filer here: brainly.com/question/14855960
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For the case of a consumer with an inelastic demand curve, it is less costly to cater for them, hence reducing the production fixed cost. given that different customers will be charged differently for the same product, it is easy to cover for a low profit range.
Answer:
Price falls, output rises
Explanation:
We know that the ethanol is used as an input in the production of gasoline. So, if the price of ethanol is lower then this will reduce the cost of production of gasoline. If the cost of production of ethanol is lower then this will give an incentive to the producers of gasoline to produce more and supply more.
This will shift the supply curve of gasoline rightwards, as a result there is a fall in the equilibrium price level and increase in the equilibrium quantity of gasoline.
