Answer:
Option "D" is the correct answer to the following question.
Explanation:
Power distance is a type of inter-boundary that is found in different individuals within the same society. Power distance is not found to be appropriately distributed in the society, it is usually the thinking of lower ranks.
The more complexities in a culture, the more the difference between individuals will increase.
But in the modern era, people from different cultures are working together, due to which people of lower rank are also encouraged to move forward.
Answer:
In order to find the price of a stock which has different growth rate at different periods, we need to find the price at a time when the growth rate slows down after the initial burst of growth and is stable, in this case its in the 4th period.
Year 4 dividend = 2.07
Growth rate (G)= 8%
Required return (R)= 12%
DDM formula for stock price = D*(1+G)/R-G
2.07*(1+0.08)/0.04
=55.89
The maximum that you should be willing to pay for the stock 4 years from now is $55.89 but in order to find out what the maximum we should pay for the stock now, we need to discount this price 4 years back to the present value using the required return of 12 %
so 55.89/1.12^4=35.52
The maximum that you should be willing to pay for the stock now is $35.52
Explanation:
Answer: See explanation column for answer
Explanation:
Caroline
left Right
Anthonio left 6,6 6,3
Right 4,3 5,5
The first digits in both left and right is Anthonio's best response payoff given what Caroline chooses. Also, the second digit on both left and right is Caroline's best response payoff based on what Anthonio chooses.
When Antonio chooses left, Caroline should choose left so as to get a payoff of 6, also when Antonio chooses right, Caroline chooses right to get a payoff of 5. therefore, there is no dominant strategy for Caroline.
The dominant strategy for Antonio occurs
When Caroline chooses left, Antonio will have to choose left to get a payoff of 6, also when Caroline chooses right, Antonio should choose left to get a payoff of 6. So, the dominant strategy for Antonio is to choose left.
The only dominant strategy in this game is for Antonio, to choose left.
b). For Nash Equilibrum, Antonio will have to choose his dominant strategy, that is to choose left, which will make Caroline is to choose left so as to get a payoff of 6. So, the Nash equilibrium is for Antonio to choose <u>left </u>and caroline chooses<u> left</u> too
Answer:
a. Determine the amount of depletion expense for the current year.
To find the depletion expense, we use the following formula:
Depletion
Expense = ( Cost - Salvage value / estimated n of units) x n of units extracted
Because we are not given any salvage value in the question, we will assume the salvage value is 0.
Plug the amounts into the formula to find the answer:
Depletion
Expense = (67,500,000 - 0 / 30,000,000) x 4,000,000
= 9,000,000
b. Journalize the adjusting entry on December 31 to recognize the depletion expense.
Account Debit Credit
Depletion Expense $9,000,000
Accumulated Depletion $9,000,000
