The unethical behavior of the Bernard Madoff and the managers of the Stanford financial groups are fraudulent and they aims at their personal gain and the wealth they earned through the concept of self dealing
Explanation:
They were clearly involved in such activities due to over-zealous and for their personal gain and in the pursuit of wealth and self interest. His main reason for existing his business was for funding his lifestyle and his expenses.
This is totally unethical or amoral in the work climate and it is the sole purpose or the duty of the company to ignore what is right and what is wrong and to get away with the strategy that they are not suitable with.
Answer:
e. $89.83
Explanation:
Calculation to determine the current share price
First step is to calculate the Value after year 4 using this formula
Value after year 4=(D4*Growth rate)/(Required rate-Growth rate)
Let plug in the formula
Value after year 4=(4*1.05)/(0.1-0.05)
Value after year 4=$84
Now let calculate the current share price using this formula
Current share price=Future dividend and value*Present value of discounting factor(rate%,time period)
Let plug in the formula
Current share price=16/1.1+12/1.1^2+7/1.1^3+4/1.1^4+84/1.1^4
Current share price=$89.83(Approximately)
Therefore the current share price is $89.83
Answer:
You may reach your long-term goals quicker by putting your cash into a savings account or certificate of deposit with a high interest rate, or by investing, especially if you don’t plan to use this money for at least five years — say you’re starting a college fund for your newborn. That way you’ll allow time to build up a positive return.
Explanation:
Answer:
15.79%
Explanation:
The computation of the return on investment is shown below:
Return on investment = Operating Income ÷ New operating asset base
where,
Operating income is $60,000
And, the new operating asset is
= $500,000 - $120,000
= $380,000
So, the return on investment is
= $60,000 ÷ $380,000
= 15.79%
By dividing the operating income from the new operating asset base we can get the return on investment
