Answer:
C, none of the choices
Explanation:
from the qeustion, it can be seen that Uri was offered a test ride of the car but he clearly refused. For him to have bought that car without a test drive and later realise the car has a faulty suspenion, he cannot rescind the contract on any of the bases because if he had agreed to the test drive, he would have found out about the faukty suspension and woudn't have bought that car.
It is clearly Uri's fault that he ended up with a car that has a faulty susppension. this isn't a case of fraud or mistake on the part of Stan, neither did Stan unduely influence him to buy the car according to the question.
Cheers.
Answer:
Di = dividend in year i
D0 = D1 = D2 = 0
D3 = 2
D4 = D3 * (1+24%) = 2.48
D5 = D4 * (1+24%) = 3.0752
D6 = D5 * (1+7%) = 3.290464
require return r = 14%
g = 7% in the long run
So stock price in year 5 = D6/(r-g) = 3.290464/(14%-7%) = 47.0066
Current price = Present value of dividends and stock
= D1/(1+r) + D2/(1+r)^2 + D3/(1+r)^3 + D4/(1+r)^4 + D5/(1+r)^5 + Price in year 5/(1+r)^5
= 0 + 0 + 2/(1+14%)^3 + 2.48/(1+14%)^4 + 3.0752/(1+14%)^5 + 47.0066/(1+14%)^5
= 28.829219
= 28.83 (rounded to 2 decimals)
Explanation:
Answer:
$337.50
Explanation:
Given that
Three year insurance policy = $1,350
So, the insurance expense on an annual basis would be
= Three year insurance policy ÷ number of years
= $1,350 ÷ 3 years
= $450
For April 1 to December 31, the months is 9 months
So, for 9 months, it would be
= $450 × 9 months ÷ 12 months
= $337.50
We assume the premium is paid on April 1
Elementary and secondary education (22%), public welfare (21%), higher education (10%), health and hospitals (9%), police and corrections (6%), highways and roads (6%)
Setting standards, measuring performance, and comparing performance to standards are the parts of controlling.
Control is a management function that aids in error detection and the implementation of corrective measures. This is done to reduce departure from standards and make that the organization's stated goals are met in the desired way.
Controlling is a management function that aids in obtaining desired results from employees at all organizational levels, including managers and subordinates. The managing function aids in tracking advancement toward corporate objectives, identifies deviations, and suggests necessary remedial action.
Learn more about controlling here
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