Answer:
Companies have a corporate social responsibility towards their environment.
Explanation:
Corporate social responsibility implies that companies are expected to engage in industrial practices that would not result in harm to their environment. For example, the amount of carbon being released into the environment must be controlled as excessive release of carbon can be detrimental to health. It is also not right for waste to be discharged into the oceans because the health of the sea animals, the ocean itself and those who swim in it are at risk.
To promote sustainability, companies avoid practices that would eventually harm their environment. Abiding by these practices might take a longer route, but is eventually cost effective and beneficial.
Answer:
B) -1.5
Explanation:
Cross-price elasticity of demand is calculated by dividing the percentage change in quantity demanded of good A by the percentage change in price of good B.
cross-price elasticity of demand = change in demand of flank steaks / change in price of gas grills = 15% / -10% = -1.5
Answer:
The stock price is $33.26
Explanation:
<u>Dividend of the year</u>
D1 = 1.85 * 1.24
D1 = 2.294
D2 = 2.294 * 1.18
D2 = 2.70692
D3 = 2.70692 * 1.12
D3 = 3.0317504
D4 = 3.0317504 * 1.06
D4 = 3.213655424
Price at year 4 = 2.70692 * 1.12 * 1.06^2/(14%-6%)
Price at year 4 = 42.58093437
Current price = 2.294/1.14 + 2.70692/1.14^2 + 2.70692*1.12/1.14^3 + 2.70692*1.12*1.06/1.14^4 + 42.58093437/1.14^4
Current Price = $33.26
So, the stock price is $ 33.26
