Answer:
An economist for a bicycle company predicts that, other things equal, a rise in consumer incomes will increase the demand for bicycles. This prediction assumes that: bicycles are normal goods.
Answer:
P8 = $105.5994 rounded off to $105.60
Explanation:
The constant growth model of DDM is used to calculate the price of a stock whose dividend growth rate is constant. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for the price of stock today under this model is,
P0 = D0 * (1+g) / (r - g)
Where,
- D0 * (1+g) is the dividend for the next period of D1
- r is the required rate of return
- g is the growth rate in dividends
80 = 5 * (1+g) / (0.1 - g)
80 * (0.1 - g) = 5 * (1+g)
8 - 80g = 5 + 5g
8 - 5 = 5g + 80g
3 = 85g
3/85 = g
g = 0.03529 or 3.529% rounded off to 3.53%
To calculate the price today, we use D1. Thus, to calculate the price 8 years from now or P8, we will use D9
P8 = 5 (1+0.0353)^9 / (0.1 - 0.0353)
P8 = $105.5994 rounded off to $105.60
So you can afford burgers from mcdonald.
The daily report performed by the night auditor should contain Room occupancy percentage
You may be wondering what a night auditor does if you are unfamiliar with the position. The two major duties of a night auditor are to ensure that visitors have a wonderful experience during the evening hours and to reconcile the financial reports from the previous day's operations. So, an evening auditor is a career in accounting? Partially, yeah. Even while front office departments often oversee night auditors, end-of-day financial reporting and reconciliation are among their primary tasks. Evening auditing work may be rewarding and engaging. The work is challenging in many ways, such as handling urgent situations late at night or handling complex visitor requirements.
To know more about night auditor refer to brainly.com/question/19160837
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