Legal firms and hospitals are the that dominates the economy is the consumer service sector.
<h3>Which
sector dominates developed economies such as the United States?</h3>
In the Unites State which is a developed country is highly dominated by the service sector, in US about 80% of the country's output. The US service sectors companies are technology, financial services, healthcare and retail, that dominated maximum economy.
Thus, Legal firms and hospitals
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Answer:
b. $301.10
Explanation:
Current Sales = P = $225,000,000
Growth rate = g = 6%
Number of year = 5 years
Using simple growth formula we will find the Sales value after 5 years.
Future Sales = Current Sale ( 1 + growth rate )^Number of years
A = P ( 1 + g )^n
A = 225,000,000 x ( 1 + 0.06 )^5
A = 225,000,000 x 1.33823
A = 301,101,750 = 301.10175 Million
So, the correct option is b. $301.10.
Decentralization or decentralisation is the process by which the activities of an organization, particularly those regarding planning and decision making, are distributed or delegated away from a central, authoritative location or group.
Since the preferred stocks are cumulative in nature, the dividend amount not paid in the current year will be accumulated and paid in the next year.
Preferred dividend to be paid in 2017 = Value of preferred stock x Dividend rate
= (4700 x $50) x 5%
= 11750
Dividend to be paid in 2018 = same as 2017 as no new preferred stock issued
= 11750
Total dividend to be paid in 2018 = Dividend to be paid in 2018 + Dividend to be paid in 2017 – Dividend paid in 2017
= 11750 +11750 -7900
= $15600
