The best answer to the question 'What was the domestic system?' would be letter c. <span>The domestic system allowed control of land, labor and capital by individual persons. This is also called a putting-out system and led to unemployment when it was early practiced.</span>
Answer:
<h2>Fowler, Inc.</h2>
a. Current price = Current Dividend/r - g
where r = Required Rate of Return
and g = growth rate
= $2.70/0.09 - 0.045
= $2.70/0.045
= $60
b. The price in six years' time, growing at 4.5%
= Current price x (1 + g)^6
= $60 x 1.30226
= $78.14
c. The price in thirteen years' time, growing at 4.5%
= $60 x 1.772196
= $106.33
Explanation:
a) Data and Calculations:
Current Dividend = $2.70
Dividends' constant growth rate = 4.5% p.a. indefinitely
Investors' required rate of return = 9%
Fowler, Inc.'s stock prices calculated using the dividend, growth rate, and investors required rate of return gives the intrinsic values of the stock for the current year, in six and thirteen years' time. The intrinsic value calculation eliminates the need to value the stock subjectively.
Answer: c. step-variable cost
Explanation:
Step variable costs are variable costs in that they change in relation to the level of activity.
They are different from true variable costs however because they are only incurred at certain points. In other words, they are only incurred when the level of activity reaches a certain point.
In this case, the cost of the shirt is incurred depending on activity so it is a variable cost. It will however only be incurred at certain activity levels which fits the definition of a step-variable cost.
Answer:
Common evaluation criteria include: purpose and intended audience, authority and credibility, accuracy and reliability, currency and timeliness, and objectivity or bias.
Explanation:
Answer: IRS Regulations
Explanation:
Jamareo has found a "favorable" authority directly on point for his tax question. If the authority is an administrative authority, the specific type of authority would he prefer to answer his question will be IRS Regulation
Treasury Regulations are simply the tax regulations that are issued by the Internal Revenue Service (IRS) of the United. The regulations contained here are the official interpretations of the treasury Department of the Internal Revenue Code.
