Answer:
(i) $76.63(Approx)
(ii) $99.80 (Approx)
; $135.81 (Approx)
Explanation:
Current price = Dividend for next period ÷ (Required return - Growth rate)
= (3.3 × 1.045) ÷ (0.09 - 0.045)
= $76.63(Approx)
Price in 6 years:
= $99.80 (Approx)
Price in 13 years:
= $135.81 (Approx)
Middle-income nations are generally less industrialized than wealthy nations but more industrialized than poor nations.
Answer:
Manufacturing is the process of transforming raw resources into a form that customers can utilize. A picture frame maker creates completed items out of wood and glass. A baker is someone who transforms flour, sugar, and spices into pies and cakes. Manufacturing, more than any other industry, lends itself to large-scale operations. This is due to the fact that many of these businesses, such as automotive manufacturing, require significant quantities of money and a big number of employees to get started.
Explanation:
Wholesalers purchase items from extractive or manufacturing firms and resell them to other businesses. They often acquire in big numbers before selling in tiny ones.
Retailers purchase items from wholesalers, manufacturers, and extractive companies and sell them to customers. Most people associate retail with a store where they may purchase products.
Answer:
<u>product recalls</u>
Explanation:
Note, the Consumer Product Safety Commission is an agency that is concerned with consumer product safety in general regardless of whether they are food-related products or not.
Hence, <u>this agency among its stated primary objectives on its official website includes carrying out product recalls where necessary.</u>
Answer: A. The supply is more elastic than the demand
Explanation: When the supply of a product is more elastic than the demand the buyer of a good will bear the larger tax burden, when the demand for a good is more elastic than the supply the producer will bear the larger burden of the tax. When the tax placed on buyers of a product increases, the buyers will have to pay more for the good,this will lead to a reduced effective income for the sellers and generally Demand will become less elastic while the supply will now become more elastic as consumer preference will tend to reduce.
