Answer:
the forecast for next year is also $32.4 million
Explanation:
Given that:
the smoothed value for this year is $32.4 million
Let assume that i should be the current year
So; i + 1 can now be the next year
Therefore:
However; as we know quite well that the smoothed value for the current time period is equally the same thing to the forecasted value of the following year time period.
We can therefore posits that, the forecasting for the next year will be:
Thus; the forecast for next year is also $32.4 million
Answer:
The TRUE statement about the Restatement of the Law of Contracts is:
a. It is a valuable resource for judges to consult, but it is not formal law.
Explanation:
The Restatement of the Law of Contracts are treatises that clarify the general principles of contract common law, to help judges and lawyers in their judgments. Though it is one of the best-recognized and frequently cited legal treatises in all of American jurisprudence, it remains secondary sources of law. With the cooperation of judges, legal professors, and other legal experts, it is written and published by the American Law Institute (ALI).
Answer:
$33.44
Explanation:
The computation of the intrinsic value of the share is shown below:
= Next year dividend ÷ (Required rate of return - growth rate)
where,
Next year dividend is
= $2.16 + $2.16 × 4.50%
= $2.16 + $0.0972
= $2.2572
The required rate of return is 11.25%
And, the growth rate is 4.50%
So, the intrinsic value is
= ($2.2572) ÷ (11.25% - 4.50)
= $33.44
Answer:- They require companies to use focus strategies to meet specialized customer needs.
Explanation:- A fragmented industry is an industry in which many organizations compete and there is no domination of the industry by any single or small group of companies. However, it is true that they require companies to use focus strategies to meet specialized customer needs.