The value of current stock price is equal to $57.93
<u>Explanation:</u>
Given dividend = $20 per year
The calculation of current stock price is as follows:
The Stock price at the beginning of 20th year is equal to = $20 divided by 8 percent = 250
Current stock price ( present value ) = ![\mathrm{FV} /(1+\mathrm{r})^{\wedge} \mathrm{n}](https://tex.z-dn.net/?f=%5Cmathrm%7BFV%7D%20%2F%281%2B%5Cmathrm%7Br%7D%29%5E%7B%5Cwedge%7D%20%5Cmathrm%7Bn%7D)
![=\$ 250 /(1+0.08) \wedge 19](https://tex.z-dn.net/?f=%3D%5C%24%20250%20%2F%281%2B0.08%29%20%5Cwedge%2019)
After calculating, we get, 57.92801
Therefore, the value of current stock price is equal to $57.93 (rounded off to 2 decimal places).
Answer:
Market division
Explanation:
Basically this is Dividing territories (also market division) which is an agreement by two companies to stay out of each other's way and reduce competition in the agreed-upon territories.
In our case, Delta stays out fo Efficient's way and the latter does the same.
Answer:
The question is missing the below options:
$0.
$150.
$300.
$900.
$1,200.
The answer to the question is $300
Explanation:
In determining the amount of non-value adding cost,Flagler number of hours used in setup process is compared to that of its competitor.As a result of comparison, it came to light that Flagler used two more hours in setup process.
The extra hours do not necessarily make Flagler better,instead it makes worse off, as extra $300(2hrs*$150) would have to be incurred without any benefits derived.
This extra costs that do not make the organization better off and do not add value,so it the non-value adding costs.
(8hrs-6hrs)*$150=$300
Answer:
C) tracking clients investment
Explanation:
Person finance involves the management of an individual's or a family's financial aspects, such as budgets, taxation, savings, and investments. A personal finance manager evaluates the financial need of an individual or a family . He or she assist in making decisions that lead to the attainment of short-term and long-term financial goals.
A personal finance manager plays several roles in helping their clients achieve their objectives, some of them include
- Develop realistic financial goals with the clients.
- Make plans on how the client will achieve his or her goals
- Recommending and undertaking investments on behalf of the clients.
- Assist clients in making specific provision for anticipated expenses such as education and retirement.
- Monitor investments on behalf of the client.