Answer:
b. implicit costs
Explanation:
Implicit costs refer to opportunity costs. Opportunity cost refers to the monetary value of the options foregone when an individual opts for another option instead.
In the given case, Susan foregone $25000 per year which she was earlier making, in exchange for starting a new catering business. This depicts loss of opportunities foregone in the form of $25,000 income which she could've continued earning had she not decided to shift to catering business.
Thus, $25,000 denotes an implicit or indirect cost incurred for starting the catering business.
Answer:
Michelle Fleshner is the Plaintiff
Explanation:
A Plaintiff
A plaintiff represents an individual in a law case who sues another person or party because of misconduct or unjust behaviour.
Michelle Fleshner worked with Pepose Vision Institute and was fired simply for providing the U.S. Department of Labour about her employer's overtime pay policy.
Her job was wrongfully terminated on the basis of the evidence given to the government, therefore she sued for the wrongful termination of her job.
Answer:
Generally real estate liens are prioritized following a temporal order, from first to last. This applies to all liens except taxes. Taxes are always first and they are collected before any other lien in the event of a foreclosure.
In this case, the following priority would go to the mechanic's lien from the the general contractor (as a result from court order), then the mortgage, and finally the other creditors.
Answer:
C. Consolidation warehousing.
Explanation:
Consolidation warehousing is basically a warehouse that puts together from a number of suppliers into the same geographical area and shipped them out.
Answer:
P14 = $55.69545045394 rounded off to $55.70
Explanation:
The constant growth model of dividend discount model (DDM) can be used to calculate the price of the stock today. DDM calculates the price of a stock based on the present value of the expected future dividends from the stock. The formula for price today under constant growth DDM is,
P0 = D1 / (r - g)
Where,
- D1 is the dividend expected in Year 1 or next year
- g is the constant growth rate in dividends
- r is the discount rate or required rate of return
To calculate the price of the share today, we use the dividend that is expected next year or in Year 1. Thus, to calculate the price of the share 14 years from now, we use use D15. The D15 can be calculated as follows,
D15 = D1 * (1+g)^14
D15 = 0.50 * (1+0.09)^14
D15 = $1.67086351362 rounded off to $1.67
Now using the equation for Price as provided by the DDM model,
P14 = 1.67086351362 / (0.12 - 0.09)
P14 = $55.69545045394 rounded off to $55.70