Answer:
The expected rate of return is 14.29%.
Explanation:
The re-arranged equation of DDM for Expected Rate of Return is given below:
Expected Rate = (Next Year Dividend / Current Stock Price) + Growth Rate
where
Next Year Dividend is Current Year Dividend * (1 + growth rate)
⇒ Next Year Dividend = 2.05 * (1 + 6.50%) = $2.18.
All the other values are given in the question. Simply put those values in the equation:
⇒ Expected Rate of Return = (2.18 /28) + .065 = .1429 = 14.29%.
Answer: Person-Vocation fit
Explanation: According to the question, Borris lacks Person-Vocation fit as he isn't fully satisfied in his current field of employment as a receptionist, he is aspiring for a better more Noble job profession.
Although Boris has no issue with his current company of employment, he is not satisfied with his job.
Answer:
The correct answer is letter "B": the IACUC.
Explanation:
The Institutional Animal Care and Use Committee (<em>IACUC</em>) are important for the application of the laws regarding animal investigations and care in the U.S. The IACUC is in charge of authorizing or suspending licenses involved in the studies or researches of animals.
Answer:
Jone Manufacturing
Total Overhead Variance = $2,000U.
Explanation:
Variance is the difference between budgeted and actual expense. It is favorable when the actual is less than the budgeted amount. It is unfavorable when the actual is more than the budgeted amount. It is neither favorable nor unfavorable when the actual equals the budgeted amount.
Variance analysis as a budgeting tool is used to evaluate the performance of management in managing costs, relative to the activity levels.
In Jones Manufacturing, actual and budgeted costs are calculated as follows:
Actual costs:
Fixed overhead = $8,000
Variable overhead = $4,600
Total = $12,600
Budget costs:
Fixed overhead = $10,000 (2,000 hours x $5)
Variable overhead = $4,600
Total = $14,600
Variance = budgeted overhead minus actual overhead
= $14,600 - $12,600 = $2,000U