The annual Dividend (D0) = $1.10
D1 = $1.10 * (1+0.21)^1 = $1.33
D2 = $1.10* (1+0.21)^2 = $1.61
D3 = $1.10* (1+0.21)^3 = $1.95
D4 = $1.10 * (1+0.21)^4 = $2.36
D5 = $1.10*(1+0.05) = $2.48
Now the price of the stock at the end of the fourth year (P4) = $2.48/(0.085-0.05)
P4 = $2.48 / (0.035)
P4 = $70.85
Now the Price of the stock (P0) = $1.33/(1+0.085) + $1.61/(1+0.085)^2 +$1.95/(1+0.085)^3 + $2.36/(1+0.085)^4 + $70.86/(1+0.085)^4
Price of the stock (P0) = $1.23 +$1.37 + $1.53 + $1.70 + $51.13
Price of the stock (P0) = $56.86
Therefore the correct option is d, $56.86
Answer: marketing managers making pricing decisions.
Explanation:
Management's product and service choices and decisions can influence the cost behavior. The product design, location of plant, technology used in developing a product, product quality, features of product, distribution of product, profit margins, incentives, labor daily wages, and other factors all can influence the cost and pricing decisions of the product.
<span>Bartering can be more time-consuming than trading with money.
Hope it helps.
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The firm’s operating cycle is equivalent to the sum of
the total number of days of a cycle of the receivables turnover and the
inventory turnover.
Receivables turnover = 365 days / 14.8 = 24.66 days
Inventory turnover = 365 days / 22.6 = 16.15 days
Operating cycle = 24.66 days + 16.15 days = 40.81 days
<span>Answer:
40.81 days</span>
Answer: d. Uncle John's
Absolute Advantage refers to the ability of an individual, company, region or country to produce a particular product or service at a price lower than that of his or her or its competitors.
When the price for the company's products are lower in comparison to other similar products, the demand for its products are more and it's able to sell more number of units than its competitors.
In this case, Uncle John's has the absolute advantage since it sold the most number of cookies (125)
