Answer: $0
Explanation:
Layla qualifies for $8,000 in housing credits.
These are withdrawn at $500 for every $1,000 she earns above the wage limit of $26,500
Layla's annual income = 35,000 + 7,500
= $42,500
Amount earned above limit = 42,500 - 26,500
= $16,000
Amount of housing credit withdrawn is $500 per thousand so for $16,000, $8,000 will be withdrawn from her housing credit.
Housing credit = 8,000 - 8,000
= $0
General Motor Company(GMC) is a manufacturing company that manufactures automobiles in U.S.A.
Answer: Into functional departments, with departmental managers who report to the CEO and small corporate staff
Explanation: In simple words, functional structure refers to the structure under which an organisation divides its work by making different departments for the core activities that are to be performed.
Under such structure, every department have employees working on a single activity they were assigned to like sales finance etc. Every department gets one manager who is liable to report to the CEO of the company.
Answer:
Answer sheet required more space then was available so I attached it as a picture.
Answer:
Current price of the stock of Jameson company is $18.62. Therefore, the correct option is A
Explanation:
The formula of required rate of return is:
Required rate of return = Risk free rate + Beta × Market risk premium
= 4% + 1.15 × 5%
= 4% 5.75%
= 9.75%
Computation of current stock price is:
Current stock price = Expected dividend per share / (Required rate of return - Growth in dividend)
= (0.75 + [5.50% × 0.75] ) / (0.0975 - 0.055)
= 0.79125 / 0.0425
= $18.62
