Answer:
$3.72
Explanation:
in order to determine the price of the stock we use the dividend discount model:
P₀ = Div₁ / (Re - g)
- P₀ = $90
- Div₁ = ?
- Re = 9%
- g = 9% / 2 = 4.5%
Div₁ = P₀ x (Re - g)
Div₁ = $90 x (9% - 4.5%) = $90 x 4.5% = $4.05
now the current dividend (Div₀) = Div₁ / (1 + Re) = $4.05 / (1 + 9%) = $4.05 / 1.09 = $3.7156 = $3.72
Answer:
Each should be used as follows:
Weight of peppermints = X = 25 lb
Weight of Chocolates = Y = 15 lb
Explanation:
Suppose
Weight of peppermints = X
Weight of Chocolates = Y
So According to given condition
X + Y = 40 (Eq. 1)
1.2X + 2.4Y = 1.65*40
1.2X + 2.4Y = 66 (Eq. 2)
By multiplying (Eq. 1) with 1.2 we get
1.2X + 1.2Y = 48 (Eq. 3)
Now by subtracting (Eq. 2) from (Eq. 3)
(1.2X + 1.2Y) - (1.2X + 2.4Y) = 48 - 66
1.2X + 1.2Y - 1.2X - 2.4Y = -18
1.2X - 1.2X + 1.2Y - 2.4Y = -18 (Rearrange)
-1.2Y = -18
1.2Y = 18
Y = 18/1.2
Y = 15
By placing value of Y in (Eq. 1)
X + 15 = 40
X = 40 - 15
X = 25
<u>Check</u>
1.2X + 2.4Y = 66
1.2 (25) + 2.4 (15) = 66
66 = 66
Answer:
increase; decrease
Explanation:
Assume Countries A, B, and C produce goods that are substitutes of each other and that these countries engage in trade with each other. Assume that Country A's currency floats against Country B's currency, and that Country C's currency is pegged to B's. If A's currency appreciates against B, then A's exports to C should increase, and A's imports from C should decrease.
Answer:
B. Controllable costs
Explanation:
There are some costs that are expended by a company during the cost of carrying out their business operations. These costs such as labor costs and marketing budgets are incurred because the company has full authority over them. They are costs that can be altered in short term based on a business decision.
In other words, controllable costs are those costs or expenses that can be influenced by those who are saddled with the responsibilities of incurring them.
