Answer:
The effect on net operating income would be an increase of $137,900
Explanation:
Giving the following information:
Selling price $85
Variable expenses per unit $ 35
If Price Paper spends an additional $12,100 on advertising, sales volume should increase by 3,000 units.
To calculate the effect on income, we need to determine the incremental total contribution, and deduct the incremental fixed costs:
Effect on income= 3,000*(85 - 35) - 12,100= $137,900
Answer: norms
Explanation: In simple words, norms refers to the standard behavior that is expected from a group or an individual in a certain social or work environment.
Norms includes rules and procedures, which are usual and typical in nature, that guides the actions of an individual while performing the activities he or she is obligated to.
In the given case,the lawyers are also guiding the new employees how to act in certain situation hence they are teaching them norms of the organisation.
Answer:
$54.44
Explanation:
This is the stock of the company that is expected to have multiple growth stages.
In the first phase, company is expted to grow 30% per year, so dividend paid from Year 1 to Year 3 are D_1 = 1.0 x (1 + 30%); D_2 = 1.0 x (1 + 30%)^2 and D_3 = 1.0 x (1 + 30%)^3 respectively.
Dividend in Year 4 is D_4 = D_3 x (1 + 18%).
Dividend in Year 5 is D_5 = D_4 x (1 + 8%).
Terminal value in at Year 4 is T_4 = D_5/(Discount rate - Long-tern growth)
Value of this stock is discounted relevant cashflow from Year 1 to Year 4 (include terminal value).
Putting all the number together, we have intrinsic value of the stock = $54.44
Answer:
B) liable to Niki under the doctrine of promissory estoppel.
Explanation:
In contract law, promissory estoppel refers to a theory that when you make a reasonable promise but later you decide to back down, the other party may sue you in order to force you to fulfill your promise.
This theory has been upheld by the Supreme Court in Cohen v. Cowles Media Co. 501 US 663 (1991). So a reasonable promise will have the same binding effect as a contract.
