Answer:
The correct answer is option (B) perfectly inelastic
Explanation:
It is a known facts that anytime tax is imposed on any goods at any given time, the tax falls totally on the consumers provided the elasticity of demand is zero.
Since increase in tax doesn't affect the demand for goods and services, and no matter the increment in price from the supplier, the demand remains the same. Therefore, the demand curve for goods Y is said to be perfectly inelastic.
Answer:
A. participative budgeting
Explanation:
Participative budgeting -
It refers to the type of method of budgeting , where the person implementing the budget as well as the person getting affected by the budget are involved in the process of creating the budget , is referred to as participative budgeting .
In this method the top - level managers are supposed to share the decision of budgeting with the bottom - level managers as well .
Hence , from the given information of the question ,
The correct answer is A. participative budgeting .
Answer:
e. The managers of established, stable companies sometimes attempt to get their state legislatures to impose rules that make it more difficult for raiders to succeed with hostile takeovers
Explanation:
A hostile takeover refers to a type of corporate merger or acquisition that is carried out against the wishes of the managers of the target company. As a result the stable organisations management attempt to get their state legislatures impose their administrative regulations; thus making it far more difficult for the corporate raider to succeed in hostile takeovers. Moreover the management usually does not prefer the hostile takeovers
Answer:
$12.93
Explanation:
First , find the dividend amount per year;
D1 = 4.25
D2,D3,D4,D5, D6 = 0
D3 = 2.2020(1.024) = 2.2548
D7 onwards = 2.35
Next, find the present value of the dividends at 12.6%;
PV (of D1) = 4.25/ 1.126 = 3.7744
PV (of D2 to D6) = 0
PV (of D7 onwards) today = (2.35/0.126) /(1.126^6)
PV (of D7 onwards) today = 18.6508 / 2.0381 = 9.1511
Add the PVs to find price of stock;
= 3.7744 + 0 + 9.1511
= $12.93
