Answer: Burkhardt Corp.'s current share price is $69.47.
The current share price of a stock can be viewed as the present value of its expected dividends.
In this case, the stock price will be the sum of the discounted value of the dividends over each of the next eight years.
Mathematically we can express this as:
Substituting the values we get,
Solving the above equation we get,
<span> The personal selling process includes the following steps: prospecting, pre-approach, approach, presentation, meeting objections, closing the sale, and follow-up</span><span>
When Sam early in his career made in-person cold calls with professors on various campuses he engage the first step (prospecting)</span> of the personal selling process.
<span>While prospecting the sales representative has contact with many people who are potentially buyers.</span>
Answer:
False.
Explanation:
Individuals in high-context cultures do not show the above mentioned traits. High-context cultures requires elegance and sophisticated attitude and behavior and not much of the direct interaction in an unnecessary conversation. Rather, these traits of direct verbal interaction, value individualism, relying on logic, saying "NO" directly, and giving authority to written information are traits of low-context cultures. Therefore, the given statement is false.
The answer is: Plantation slaves
When the slavery is still legal, the slave owners are not bound to any form of obligations toward their slaves because technically they're the owner's private property. They often use the slaves to work for them in the plantation without giving the slaves anything in return.
Answer: 3.5 years
Explanation:
Investment A:
Initial capital investment = $105,000
Estimated useful life = 10 years
Estimated residual value = 0
Estimated annual net cash inflow for 10 years = $30,000
Required rate of return = 12%
Year Cash Flow Accumulated Cash flow
0 -$105,000 -$105,000
1 $30,000 -$75,000
2 $30,000 -$45,000
3 $30,000 -$15,000
4 $30,000 $15,000
Hence, at the end of 4th year the accumulated cash flow become positive. Therefore,
The pay back period for investment A = 3 + 
= 3 + 0.5
= 3.5 years
