Answer:
The correct word for the blank space is: Phase 2 - Direction.
Explanation:
American Professor Larry Greiner (born in 1933) proposed his Growth Cycle model to explain the process businesses go through at the moment of conducting its operations. According to Greiner, the process faced five (5) stages: <em>Creativity, Direction, Delegation, Coordination, </em>and <em>Collaboration</em>,
In phase 2 - Direction, executives establish the organizational structure of the firm focusing on accounting and capital management at the moment of making decisions. Management is centralized.
Option d. $35.00 is the share price that one should pay for the stock today to get the required return
The share price, or the price you will pay for the company's stock right now, can be calculated using the necessary rate of return calculation, the formula is as follows:
RRR=(EDP/SP)+DGW
where;
RRR=required rate of return
EDP=expected dividend payment from share
SP=share price
DGW=dividend growth rate
In our case:
RRR=15.40%=15.4/100=0.154
EDP=$2.80
SP=unknown
DGW=7.40%=7.40/100=0.074
Substituting the values in the formula we get the following:
0.154=(2.80/SP)+0.074
(0.154-0.074)=(2.80/SP)
0.08=2.80/SP
SP=2.80/0.08
So, the share price of the stock=$35
Learn more about dividends:
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Answer: D) Daily Compounding
Explanation:To earn as much interest as possible, Anthony should open a savings account that earns compound interest and has the highest interest rate.
Daily compounding is compounded every day, hence Anthony will get the best rate of return on his interest with this.
