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3 years ago

The smallest deed is better than the greatest intention meaning

1 answer:

5 0

"The smallest deed is better than the greatest intention"

Here's my look on this saying:

Many of people, including myself have talked about our great intentions to impact somebody or some place. We might intend to do something, but forget about the importance of following through with those intentions. It is far better to make time to complete small good deeds than to spend your time talking about what you will do “one day.” This can be brought back to the quote, "No deed is too small the be appreciated". No matter how much good we intend to do, it will never compare, in all actuality, to how much good we actually do.

Thank you for your question! I hope this helped! Have an amazing day! :D

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2 years ago

Achi Corp. has preferred stock with an annual dividend of $ 3.22. If the required return on Achi's preferred stock is 8.4 %, w

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Answer:

The price of the stock is $38.33

Explanation:

The dividend growth is zero on a preferred stock thus its dividends are just like a perpetuity as the stocks have no defined life. The formula for the price or value of a perpetuity or the zero growth model is,

P0 = D / r

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2 years ago

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There are a number goods that over time, for a variety of reasons, transition from being a normal good to an inferior good or fr

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Answer:

d. the camry becomes an inferior good because the good is now perceived as lower in quality than a lexus

Explanation:

There are a number goods that over time, for a variety of reasons, transition from being a normal good to an inferior good or from being an inferior good to a normal good. One such example of a good is the Toyota Camry. In the 1980s, more income for a household usually resulted in more Camrys being purchased. However, today more Toyota Camrys are purchased by households that have experienced a reduction in income.

How could this happen?

This could only have happened because of a change in perception in households over time.

It is stated in the Scenario that ''today more Toyota Camrys are purchased by households that have experienced a reduction in income.''

That means Toyota Camry has become an inferior good that is purchased more when income falls.

Hence, the only reason the scenario would have occurred is that the camry becomes an inferior good because the good is now perceived as lower in quality than a lexus

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2 years ago

The consumer price index tries to gauge how much incomes must rise to maintain

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Answer: a constant standard of living

Explanation:

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2 years ago

An annuity that goes on indefinitely is called a perpetuity. The payments of a perpetuity constitute a/an series. The equation i

stepladder [879]

Answer:

The present value of security is $2300

Explanation:

The value or price of the perpetuity today is calculated by dividing the constant cash flow it provides per period by the interest rate or the rate of return (r). Thus the price of this perpetuity according to the formula will be,

Value of perpetuity = Cash flow / r

Value of perpetuity = 115 / 0.05

Value of perpetuity = $2300

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2 years ago