Answer:
The correct answer is 0.78%.
Explanation:
According to the scenario, the computation of the given data are as follows:
First we calculate the retained earning cost, then
Cost of retained earning = Dividend ÷ Price + Growth
= (1.925 × 70%) ÷ 15 + 6%
= 1.3475 ÷ 15 + 0.06
= 0.1498 or 14.98%
Now, Cost of equity = (Dividend ÷ Price (1 - Flotation cost ) + Growth
= (1.925 × 70% ) ÷ 15 (1 - 0.08) + 0.06
= (1.3475 ÷ 13.8 ) + 0.06
= 0.1576 or 15.76%
So, Exceed amount = 15.76% - 14.98% = 0.78%
Answer:
MRI technologists and nuclear medicine technologists have similar skills, and many radiologic laboratories use hybrid scanning machines that combine the two technologies. By superimposing the two images, technologists enable doctors to see both structure and cellular health at a single glance.
Explanation:
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Two firms, such as a small local, family-owned Italian restaurant and Olive Garden, share few markets and have little similarity in resources, but are nonetheless direct and mutually acknowledged competitors - False
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A state of rivalry that exists between any company that sells identical or similar products and services refers to the competitors. There are two types of competitors such as direct and indirect competitors. Direct competitors are the firms that sells same kind of goods and services. They also focus on the same market segment and also customers.
Indirect competitors refers to those companies that sells similar goods and services but, they will not be having similar end goals. The given statement is false since the firms given are sharing only few of the markets and also have less similarity in the resources. Hence they cannot be competitors either directly or indirectly.
Answer:
b) an invoice approval initiates the recording of a purchase
Explanation:
A voucher system is used for the authorization of cash payments. Under such a system, a voucher is prepared stating what item is to be purchased, the account which would be charged and the amount of purchases.
Internal controls refer to the system of prevention and detection of frauds and misstatements by the management of an entity to ensure integrity of financial records and transactions.
A voucher system is one of the means of implementing internal controls whereby every purchase can only be processed by sanction of an authority who is authorized to pass the purchase. The voucher issuer and authorizing authority are of course different to ensure independence.
Answer:
(C) decrease as the supply of college educated labor increases.
Explanation:
Labour Markets: with employees as labour sellers/ suppliers & firms as labour buyers/ demanders ; are at equilibrium where Labour Demand = Labour Supply.
Labour Demand curve is downward sloping because of wage - demand inverse relationship. Labour Supply curve is upward sloping because of wage - supply direct relationship.
An increase in supply of certain labour supply shifts labour supply curve rightwards. This creates excess supply of that labour & competition among sellers (prospective employees) reduces their price i.e wage rates.
Above explanation perfectly explains the case of college degree holders, whose supply increase would lower down their wages.
