Answer:
business
Explanation:
A business necessity is a practice that is deemed important for the smooth running of business operation. It is a legal concept which can be used to create soft landings for employers regarding their employment decisions which may affect certain group of people. These group of people are unevenly affected or rejected because of certain employment requirements which is premised on the fact that the company has legal backing to do so for the efficient and effective management of the business.
Example is when a large number of people seeking employment are rejected by business owners due to certain criteria used even though they are qualified for the job, such scenario is termed business necessity.
Answer: D. 57 years old.
Explanation: 17 years old is not old enough to have a child. When a person is 57 years old, their child is likely to be around 17 or 18 years old, 40 years younger. Having a child at 40 years old is probably the oldest age out of the ages listed.
Answer:
Ans. Car loans must be $4,000,000 and Home loans $16,000,000 in order to use all the conditions in the problem. Return= $2,000,000
Explanation:
Hi, well, you need to make sure to get as many car loans as the conditions of the problem allows you, since it returns 14%.
I used MS Excel solver to find this result, please download the excel spreadsheet attached to this answer.
Best of luck.
Answer:
P1 = $18.16667 rounded off to $18.17
Explanation:
Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,
P0 = D1 / (r - g)
Where,
- D1 is dividend expected for the next period /year
- r is the required rate of return or cost of equity
To calculate the price of the stock today (P0), we use the dividend expected for the next period (D1). Similarly, to calculate the price of the stock one year from today (P1), we will use D2.
P1 = 0.5 * (1+0.09) / (0.12 - 0.09)
P1 = $18.16667 rounded off to $18.17
Answer:
D. $511,920
Explanation:
For determining the estimated manufaturing overhead first determined the predetermined overhead which is shown below:
= (Actual manufacturing overhead - underapplied overhead) ÷ (actual direct labor hours)
= ($506,920 - $23,440) ÷ (20,400 hours)
= $23.7
Now the estimated manufacturing overhead is
= $23.7 × 21,600 hours
= $511,920
