Answer:
$30.00
Explanation:
The price of the stock can be derived from the stock theoretical price formula given and explained below:
stock price=expected dividend/(market return-growth rate)
expected dividend=dividend paid today*(1+growth rate)
expected dividend=$2*(1+5%)
expected dividend=$2.10
market rate of return=12%
growth rate=5%
stock price=$2.10/(12%-5%)
stock price=$2.10/7%
stock price=$30.00
Traditional banking- you can secure your deposit because you personally banked it..
while
online banking- for me you can't 100% sure your secured because you know there where so many fake agents out there but it's good benefits are you are just sitting and surfing the net and you dont won't be hustle anymore
Under the 7-to-1 rule, the maximum salary that would be paid to the highest-paid manager is $105,000.
Data and Calculations:
Lowest-paid employee's annual earnings =$15,000
Maximum-Minimum Salary Rule = 7-to-1
The maximum salary paid to the highest-paid manager = $105,000 ($15,000 x 7).
Thus, the maximum salary paid to the highest-paid manager under the company's 7-to-1 rule is $105,000.
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Answer:
-0.578 and inelastic
Explanation:
The computation of the price elasticity of demand using mid point formula is shown below:
= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of price)
where,
Change in quantity demanded would be
= Q2 - Q1
= 90,000 - 100,000
= 10,000
And, average of quantity demanded is
= (90,000 + 100,000) ÷ 2
= 95,000
Change in price would be
= P2 - P1
= $12,000 - $10,000
= $2,000 0.1052 0.1818
And, average of price is
= ($10,000 + $12,000) ÷ 2
= $11,000
So, after solving this, the price is -0.578
This reflects the inelastic for diamond rings
Financial Managers are accounting professionals who are responsible for the financial wellbeing of a company or organization.
