Answer:
There's an error in the numbers for this question; I found the correct one and pasted it below;
"Great Lakes Steel Supply is losing significant market share and thus its managers have decided to decrease the firm's annual dividend. The last annual dividend was $1.30 per share but all future dividends will be decreased by 2.75 percent annually. What is a share of this stock worth today at a required return of 15.5 percent? "
Explanation:
Use dividend discount model (DDM) to calculate the stock price
whereby,
P0 = Current price
D0 = Last dividend paid = 130
g = growth rate = -275% or -2.75 as a decimal
r = required return = 155% or 1.55 as a decimal
Next, plug in the numbers to the DDM formula above;
Therefore this stock is worth $6.93
Answer:
a differentiation advantage
Explanation:
This scenario best illustrates a differentiation advantage. This is basically when a company is able to offer a product that, despite being the same as the competitor's product, is slightly different or offers something that the competitors do not. This small difference is what attracts the customers and increases profits. In this case, Fashion Mart Corp is differentiating their product by providing a guarantee of quality, which the competitors offering similar products cannot offer.
Answer: Less than one year, guaranteed returns
, and a money market product
What I put for my answer think its right
Explanation:
The total cost is $175.
The first thing that you need to do is calculate the per day cost per person.
$60 was spent on a three day trip. $60/2 = $20 per day. There were 4 adults on the trip, so $20/4 = $5. The cost of food is $5 per person per day.
On a trip with 7 adults the formula to solve the total cost is:
7 adults x 5 days x $5/day = $175.
Answer:
Stratified random sampling.
Explanation:
Startified random sampling is one that divides the total population into subpopulations and analysis of each subpopulation is done to measure variations between them.
Each subpopulation is adequately represented in the whole sample used for study. For example when a population bis divide based on age into 18-30 years, 31-50 years, and 51 years and above.
The researcher divides all the current students into groups based on their class standing (freshman, sophomores, etc.). Then, she randomly draws a sample of 50 students from each of these groups to create a representative sample of the entire student body in the school.
This is use of stratified random sampling.
