Intermediaries play an important role in matching supply and demand by providing consumers with a broad assortment of products in small quantities.
When goods are produced or manufactured by producers, there will be need to make those goods available to final consumers.
The intermediaries- Wholesalers and retailers buys these goods from the producers and make them available to final consumers in small quantities.
By making the goods available to consumers, the intermediaries are playing important role in matching supply and demand by providing consumers with a broad assortment of products in small quantities.
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Answer:
Current Stock Price Is $25.57
Explanation:
According to the scenario, computation of the given data are as follows:-
Dividend (D0) = $1.50
Required rate of return(R) = 10.1 = 0.101
Growth rate(G) = 4.0% = 0.04
D1 = D0 (1 + G)
= $1.50 × (1+0.04) = $1.50 × 1.04
= $1.56
Current Stock Price (P0) = D1 ÷ (R-G)
= $1.56 ÷ ( 0.101 -0.04)
= $1.56 ÷ 0.061
= $25.57
Current Stock Price Is $25.57
Answer:
No formal education required
Explanation:
In many countries, the roofer works with a license. But to be a roofer, you don't need any formal education.
The training is done on the spot, the beginner is learning from other experienced roofers. To qualify for the job of a roofer, a person has to be at least 18 years old, to have a high school diploma and be physically able.
Answer:
E. $41.69
Explanation:
We know,
Value of stock (
) =
[In case of constant growth model]
= Next year or expected dividend
= required rate of return
g = growth rate = 5.50%
However, as there is no information regarding expected dividend, we will use the alternative formula to calculate the stock's expected price 3 years from today.
=
× 
Here, current stock price,
= $35.50
Therefore,
= $35.50 × 
= $35.50 × 1.1742
Stock's expected price 3 years from now = $41.69 (rounded to two decimal places)
Therefore, option E is the answer.
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Explanation:
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