Answer:
$28.18
Explanation:
Use dividend discount model to answer this question.
Current dividend ; D0 = 3.40
growth rate; g = 2.2% or 0.022 as a decimal
D1 = D0(1+g)
D1 = 3.40(1.022)
D1 = 3.4748
Since you are buying the stock next year, calculate dividend at year 2 which you would use in the formula to find next year's price (P1) ;
D2 = D1(1+g)
D2 = 3.4748 (1.022)
D2 = 3.5512
Next year's price; P1 = D2 / (r-g)
P1 = 3.5512 / (0.148 - 0.022)
P1 = 28.1841
Therefore, you will pay $28.18
Bic tried to introduce bic disposable underwear and the reason this new product failed is likely because of A. ineffective branding.
<h3>What is a brand?</h3>
A brand is a product, service, or concept which is publicly differentiated from other products, services, or concepts in order to facilitate communication and marketing. Branding is the process of developing and disseminating the brand name, as well as its characteristics and personality.
In consumer communication, too much emphasis is placed on product attributes and not enough on brand benefits. Trying to make too many points in your brand communication rather than focusing on one or two key points of differentiation. Changing your brand's positioning and message on a regular basis.
The correct answer is ineffective branding because the brand is well-known for writing products such as pens rather than a disposable inner ear brand. People were unable to relate to it, so it failed.
The remaining options are incorrect because timing cannot be linked, there were no technical glitches, and the market size was appropriate because it was released on a smaller scale.
Learn more about branding on:
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Answer:
$68,000
Explanation:
The formula to compute the gross profit is shown below:
Gross profit = Sales revenue - cost of goods sold
where,
Sales revenue = Number of bags in premium green × selling price per unit + number of bags in green deluxe × selling price per unit
= 10,000 × $8 + 3,000 × $6
= $80,000 + $18,000
= $98,000
And, the cost of goods sold is
= variable cost of green health + total fixed cost + additional processing cost
= 10,000 × $1.8 + $10,000 + $2,000
= $18,000 + $12,000
= $30,000
So, the gross profit is
= $98,000 - $30,000
= $68,000
Answer:
Explanation:
The main objective of cost accounting are ascertainment of cost, fixation of selling price, proper recording and presentation of cost data to management for measuring efficiency and for cost control and cost reduction, ascertaining the profit of each activity, assisting management in decision making process.
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Answer:
Variable costs; Diminishing marginal returns; Fixed costs; Do not change.
