Answer:
The best estimate of the company’s cost of equity is 12%
Explanation:
Estimate of the company’s cost of equity = (Required Return as per Capital Asset Pricing Model + Cost of Equity) / 2
Required Return as per Capital Asset Pricing Model = Risk Free rate + Market Risk Premium * Beta
= 4.9 % + ( 6% * 1.2)
= 0.049 + 0.06 * 1.2
= 0.049 + 0.072
= 0.1210
= 12.10%
Cost of Equity = (Expected Dividend/Price) + Growth Rate
= [( $ 1.30 * 1.08) / $ 36] + 8%
= 0.039 + 0.08
= 0.1190
= 11.90%
The best estimate of the company’s cost of equity = (12.10 % + 11.90 % )/ 2
= 24% / 2
= 12%
Hence, the best estimate of the company’s cost of equity is 12%
<span>The most practical way to avoid mismanagement of a checking account is D.create a budget and stick to it. </span>
Answer:
B) David will most likely lose the case as it is legal for police officers to be subjected to mandatory retirement.
Explanation:
According to relevant laws, an officer must retire upon attaining the age of 62 of after 20 years of uniformed service (if it is an Early Retirement) or 22 years of uniformed service (if it is a Normal Retirement).
Regardless of whether it is a Normal or Early retirement, the officer must disengage at the age of 62.
The relevant laws which govern the administration of the NYPD retirement process as wells pensions are:
- the Administrative Code of the City of New York (NYCAC);
- the New York State Retirement and Social Security Law (RSSL), and
- the Rules of New York City Police Pension Fund (NYCPPF)
Cheers!
Answer:
The four basic elements of business are:
A. Production, fiance, marketing, and customer service.
Explanation:
These elements make up a business organizational structure. Functional structures and hierarchies revolve around these basic elements. Production in some organizations will be described as operations. It is the core of the business. Revenues that sustain the business are generated from production or operations. Finance handles the revenues and the costs associated with running a business. Marketing ensures that the goods and services from production or operations are made known to customers through research, information acquisition, and customer education. Finally, customer service ensures good relationships between the business and the customers, who are the chief patrons of the business. These essential elements ensure business success.
