<span>A product used in this way is known as a Benchmark Item.
Benchmark item refers to the type of product that is used as a standard when we want to compare it another similar product.
By seeing the price of Burger in this particular situation, Jason could predict the price of other product that being sold in that place.</span>
Answer:
The answer is 6.17%.
Explanation:
We apply the Dividend Model for solving the questions.
Denote g as the constant dividend growth rate after 3 years which needs to be found.
The principle in the Dividend model is: Current share price = Projected present value of all expected future dividend discounted at company's cost of equity rs =16%.
Thus Current share price = Present value of Dividend paid in Y1 + Present value of Dividend paid in Y2 + Present value of Dividend paid in Y3 + Present value of dividend perpetuity growth after Y3.
=> 51 = (3 x 1.25) / 1.16^1 + (3 x 1.25^2)/ 1.16^2 + (3 x 1.25^3)/1.16^3 + [3 x 1.25^3 x (1+g)]/(0.16-g)/1.16^3 <=> [5.8594 x (1+g)]/(0.16-g)/1.16^3 = 40.5298 <=> [5.8594 x (1+g)]/(0.16-g) = 63.2628 <=> 5.8594 + 5.8594g = 10.1220 - 63.2628g <=> 69.1222g = 4.2626 <=> g = 6.17%.
Thus, the constant rate the stock's dividend expected to grow after Year 3 is 6.17%
The kind of business that would use the specific identification method of inventory costing includes:
- Car dealerships
- Jewelry stores
- Art galleries
- Furniture stores
<h3>
What is specific identification method to inventory?</h3>
Specific identification method to inventory are often use by companies and be defined as the process in which each inventory is specify or identify for easy tracking.
Companies tend to use this method when they want to track each items they have in their inventory.
Therefore the kind of business that would use the specific identification method of inventory costing includes: car dealerships.
Learn more about Specific identification method here:brainly.com/question/25056275
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Answer:
Using an algorithm guarantees a solution to the problem (as long as the algorithm is followed correctly and nothing interferes with the problem solving process).
Explanation:
Algorithms are a step-by-step guide on how to solve specific problems, and they have the same outcome every time they are used as long as you follow them exactly.
The heuristic strategy uses the experience of our past to solve a problem (when you identify the problem and you have an idea of how to solve it), but can't guarantee a correct solution.
Trial and error are when you try different options, one by one until the problem is solved.
Subgoaling consists of making a separation of the problem in smaller steps that are easier to solve.