D to limit the amount of financial loss if there is an illness or injury
Answer: ke = D1/Po + g
0.1025 = D1/57.50 + 0.06
0.1025-0.06 = D1/57.50
0.0425 = D1/57.50
D1 = 0.0425 x 57.50
D1 = $2.444
Explanation: Cost of equity is equal to dividend in 1 year's time divided by the current market price plus the growth rate. Other variables were provided in the question except the dividend at the end of the year (D1).
Thus, D1 becomes the subject of the formula. The appropriate cost of equity is $2.44. The correct answer is B.
Obviously, Mr Timothy’s position within the company is Chief Financial officer
Chief Financial officer is the officer responsible for management of company's finances and top-level budgets.
So, as the Chief Financial officer, his responsibility includes:
- creating the budget for a fiscal year
- creating a cost-profit analysis report
- identifying avenues for possible cost reduction in the budget
In conclusion, Mr Timothy’s position within the company is Chief Financial officer
Read more about CFO
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Without new products, Erik can market his current products only to his current market the same products to similar customers
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Explanation:</u></h3>
New product development involves a lot of research work. This plays a vital role in making the newly developed product to be more successful. The research team must first identify the areas that can be improved with the requirements and feedback from their loyal customers.
But in the given example, Erick’s company is already successful with the developed product for more than five years. Hence, it is recommended for marketing the current products to the current customers and market the same products to similar customers.