Answer:
7.20%
Explanation:
In this question, we are to calculate the required return.
From the question we identify the following;
Next dividend = $6.55
required return = ?
Share price = $91
Mathematically;
share price = Dividend/Rate of return
Hence;
Rate of return = Dividend/share price = 6.55/91
Rate of return = 0.071978021978022
= 7.20%
Your total promotion budget would be 2300 i guess
Answer:
A. the product life cycle is not a useful concept. it is often impossible to identify with precision where a product is in the product life cycle.
Explanation:
The product life cycle is broken into four stages: introduction, growth, maturity, and decline. This concept is used by management and by marketing professionals as a factor in deciding when it is appropriate to increase advertising, reduce prices, expand to new markets, or redesign packaging
Answer:
A. Licensing
Explanation:
-Licensing is an agreement in which a company allows another one to use its property in a specific market during a certain period of time.
-Franchising is when a company allows someone else to start a business using its ideas, concepts or processes and sell its products under the company's name.
-Foreign direct invesment is when an organization has a company in another country.
-Foreign subsidiary is when a company is part of another one that is located in a different country.
According to this, this is an example of licensing because Mountain Stream Brewery made an agreement with a local firm to allow it to sell its beer in a foreign market.
Answer:
231
Explanation:
The phrase 3/15, n/45 is a credit term used to ascertain the discount allowed amount. The term means that should the buyer make full payment with in the first fifteen days, they get a 3% discount. If the payment is made on the 45 days, they make the net payment or nil discount.
The merchandise costs $7, 700, since payment was made on the 45th day, no discount will be allowed. If the buyer took advantage of a 3% discount, they would have saved.
3% of $7700
=3/100 x 7700
=0.03 x $7700
=231
