Answer:
$37.79
Explanation:
The computation of the stock price is shown below:
Data given in the question
Next year dividend = $3.25
Growth rate = 3.5%
Required rate of return = 12.1%
So, the stock price is
= Next year dividend ÷ (Required rate of return - growth rate)
= $3.25 ÷ (12.1% - 3.5%)
= $3.25 ÷ 8.6%
= $37.79
We simply apply the above formula to find out the stock price
The term BUSINESS CYCLE is a popular way to describe the rescission-expansion pattern followed by the economy.
Information utility is a measure of preferences over some set of goods and services, it represents satisfaction experienced by the consumer from a good.
Answer:
a. benchmarking
Explanation:
Benchmarking is a management strategy that a business uses to measure productivity, or set goals based on the industry's best practices. An organization applies the benchmarking approach to evaluate its quality, processes and procedures, and performance against that of other firms. An organization uses the benchmarking report to improve its operating and product standards.
Benchmarking can be internal or external. Internal benchmarking involves comparisons between teams, departments, or individuals within an organization. External benchmarking is where a firm gauge its critical operations against those of its competitors or other similar companies.
Answer:
The main challenge associated with payments across international borders is the challenge of currency rates. Because currencies vary across countries, sometimes a payment can be either hugely benefitial or hugely detrimental for a company, depending on how expensive or cheap its domestic currency is compared to the foreign currency.
Another challenge is related to international legislation, banking systems, red tape, and so on. Banking laws in some countries are more favorable to firms than in others, for example, by charging less financial expenses or comissions.
