Answer:
Required rate of return on clover's stock is 8.99%
Explanation:
The required rate of return on Clover's stock can be computed using Miller and Modgliani capital asset pricing model formula given below:
Ke=Rf+beta*(Rm-Rf)
Ke is the required rate of return, the unknown
Rf is the risk free rate of return of 4.00%
beta for Clover is 0.80
Rm is the not known as well but can computed using the Parr paper's details below:
beta is 1.442
required return IS 13%
13.00%=4.00%+1.442*(Rm-4.00%)
13%-4%=1.442*(Rm-4.00%)
9%=1.442*(Rm-4.00%)
9%/1.442=Rm-4%
6.24%
=Rm-4%
Rm=6.24%+4%
Rm=10.24%
Now the required return on Clover's stock can be computed
Ke=4%+0.8*(10.24%-4%)
Ke=8.99%
Answer:
$245,500
Explanation:
Given that,
Net income under variable costing = $221,000
Beginning and ending inventories were 6,900 units and 11,800 units, respectively
Net operating income under absorption costing:
= Net operating income under variable costing + fixed manufacturing overhead cost deferred in inventory
= $221,000 + [(11,800 - 6,900) × $5.00]
= $221,000 + (4,900 kg × $5.00)
= $221,000 + $24,500
= $245,500
Answer:
Engagement is a sense of purpose, belonging, and commitment to an organization, whereas motivation is the willpower and drive to act on those feelings.
Internal motivation may lead us to take some action; for many, engagement refers to what we experience during the activity
Explanation:
Internal motivation may lead us to take some action; for many, engagement refers to what we experience during the activity.
Simply put, Decision making is defined as the process involved in making a decision. It involves comparing alternatives and finding a solution to a problem.
The four styles of decision making are directive, analytical, conceptual and behavioral. Each style is a different method of weighing alternatives and examining solutions.
Kyle prefers to base decisions on lots of data, both objective data from information systems and qualitative data from people - Analytical decision style
Bill prefers simple, clear-cut solutions to problems. - Directive decision style.
Josie likes to talk to people one on one to find out how the decision will affect them - Behavioural decision style.