Characteristics of capital projects include (B) usually requires long-range planning and extensive financing.
<h3>
What are capital projects?</h3>
- A Capital Project is one that serves to maintain or improve a City asset, also known as infrastructure.
- A project must meet ONE of the following requirements (criteria) to be included in the Capital Budget.
- It is a project that involves the construction, enlargement, renovation, or replacement of an existing building or facilities.
<h3>Characteristics of capital projects:</h3>
- Long-lasting assets are involved (e.g, buildings, roads and bridges, etc.)
- A construction project is usually included.
- Long-term planning and extensive financing are usually required.
- Maintain a project-life emphasis rather than a year-to-year concentration.
Therefore, characteristics of capital projects include (B) usually require long-range planning and extensive financing.
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Correct question:
Characteristics of capital projects include:
Group of answer choices -
(A) Involves long-lived assets.
(B) Usually requires long-range planning and extensive financing.
(C) Usually has a year-to-year focus.
Answer:
11%
Explanation:
To address this exercise, we need to recall the formula for dividend discounted model (DDM). The DDM is stated as below:
Stock intrinsic value = Next year dividend/(Required rate of return - Long term growth)
Rearrange a bit this formula, we have:
Next year dividend/Stock intrinsic value = Required rate of return - Long term growth, or
Dividend yield = Required rate of return - Long term growth
Putting all the number together, we have:
6.4% = Required rate of return - 4.6% or Required rate of return = 11%
Answer:
Stockholders
Explanation:
Stockholders are the owners of a company. As owners , stockholders have voting rights in the company. Shareholder elects directors who represent them on the board of directors. Each share is equivalent to one vote. The board members recruit top management of the company. The board provides policy guidelines, makes critical decisions, and supervises senior management.
By electing board members, shareholders influence the management of the business. Should the stockholders be unhappy with the way the company is being managed, they can vote out the current director and elect new ones. The new directors then appoint fresh managers. In this way, shareholders maintain control of the assets of the company and its assets.
He did maximize the utility <span>according to the utility maximization rule</span>.
