Answer:
$51.25
Explanation:
P9 = Next dividend / Required rate r - Growth rate g
P9 = $15 / 14% - 5%
P9 = $15 / 9%
P9 = $166.67
Po = P9 / (1 - Required rate of return)^9
Po = $166.67 / (1 + 0.14)^9
Po = $166.67 / 3.2519
Po = $51.25
So, the current stock price is $51.25.
Answer:
Cooperation and trust
Explanation:
There are clear distinctions between groups and teams. A group is a set of people brought together by common interests and inevitable circumstances, while a team is a group of people working together to reach a common goal.
The responsibility in a team is evenly dispersed; although the work is not done individually, the team is acting as an individual. That means that <em>trust </em>has to be present among team members; we have to know we won't be let down by a team member, like we don't let down ourselves.
<em>Trust</em> is one of the most essential inputs for effective <em>cooperation</em>.
A team possessing such characteristics is highly <em>cohesive</em>.
Answer:
$7,247.05
Explanation:
The computation of the inventory level is shown below:
But before that first we have to find out the fixed cost per unit which is
= Total fixed manufacturing overhead ÷ production units
= $59,160 ÷ 11,600 units
= $5.1 per unit
Now the inventory level is by taking the difference of net operating income between two methods
= ($127,960 - $91,000) ÷ ($5.1 per unit)
= $7,247.05
Therefore, the inventory is increased by $7,247.05
