Answer: True
Explanation: Ivy lee is the father of public relations theory and suggested that for having healthy relation with clients in any business, the management in business should be honest and direct towards the client as this will help to win their confidence .
As per his understandings, deception with the client will not last long in the market leading to poor image.
Answer:
b) 2,000
Explanation:
sales price = $30
10% from each sale = $3
the amount of rent paid as a percentage of sales = $15,000 - $9,000 = $6,000
the indifference point in units = $6,000 / 10% revenue margin = $6,000 / $3 = 2,000 units
If Bates sells less than 2,000 units, then he should prefer option 2, but if he sells more than 2,000 units, then option 1 is better for him.
Answer:
$5.50 dividend per share to common stock
Explanation:
In case a company has cumulative preference shares then the company has to pay preference dividend in arrears
Here, preference dividend was not paid in the year 2017
Preference dividend for 2017 = 500
$100
4%
= $2,000
Since the dividend is paid in between the year 2018, dividend is paid for the year 2017 and not for 2018 thus preference dividend is for a year, only for 2017
Therefore, dividend to common equity = $35,000 - $2,000 = $33,000
Dividend per share = $33,000/6,000 = $5.50 per share
Answer:
It will take 30.10 year
Explanation:
We have given initial investment $500000
Future value = $ 1 million = $1000000
Rate of interest r = 1.79 %
We have to find the time taken to reach the amount $1000000
We know that future value is equal to 


Taking log both side

n×0.0077 = 0.3010
n = 39.09 year
Now in second case rate of interest
r = 2.34 %
So 


taking log both side
log 2 = n log 1.0234
n×0.01 = 0.3010
n = 30.10 year