Answer:
Chiefdoms
Explanation:
Kin based societies, headed by hereditary leaders or priests with the powers such as ceremonial and labor organization, land use supervision, and resource distribution are known as Chiefdoms
Chiefdoms are forms of hereditary political organization that is usually based on kinship, in which power is left in the hands of the most senior members of the royal family or selected ruling families. They also exercise economic powers of resource distribution.
Answer:
$220.028
Explanation:
According to dividend valuation model, the price of share is the present value of all the dividends that the share will give in future.
Based on the above statement the price of the share of the OMG Corporation shall be determined as follows:
Present value of year 1 dividend=1.856(1+7.10%)^-1 $1.733
(1.60*1.16)
Present value of year 2 dividend=2.153(1+7.10%)^-2 $1.88
(1.856*1.16)
Present value of year 3 dividend=2.497(1+7.10%)^-3 $2.033
(2.153*1.16)
Present value of year 4 dividend=2.897(1+7.10%)^-4 $2.202
(2.497*1.16)
Present value of all dividends after year 4= $212.18
[2.897(1+6%)/7.10%-6%]*(1+7.10%)^-4
Price of share $220.028
Answer: B. Statement 1 is false and statement 2 is true
Explanation:
Preference Shareholders do not see their dividends raised when a company is going through good times. This is because they usually earn a FIXED dividend.
Ordinary/Common Shareholders though, will usually see their dividends rise when a company performs well so that they may enjoy the profits.
If you need any clarification do comment.
Answer:
Transfer price would be $ 20 less profit part = $ 13
Explanation:
Is necessary to deduct the 35% of the price.
As there is no outside market for the component, and part is normally sold at price of $20, which includes profit.
Hence transfer price would be $ 20 less profit part = 13
