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amm1812
3 years ago
11

A ________ is a senior manager who oversees the use of IT in the firm.A) CEOB) CFOC) CIOD) CTOE) CKO

Business
1 answer:
Brums [2.3K]3 years ago
8 0

Answer:

The correct answer is letter "C": CIO.

Explanation:

The CIO or Chief Information Officer is the high executive responsible for all the Information Technology (IT) systems of a company at the process level and from the planning point of view. The CIO analyses the benefits the firm can take from new technologies, identifying which ones are of the interest of the company and evaluating its functioning.

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XYZ, Inc. just paid an annual per share dividend of $3.50. Dividends are expected to grow at a rate of 3% per year from here on
Agata [3.3K]

Answer:

P0 = $42.4117 rounded off to $41.41

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 = D0 * (1+g) / (r - g)

Where,

D0 is the dividend paid  recentl

D0 * (1+g) is dividend expected for the next period /year

g is the growth rate

r is the required rate of return or cost of equity

First we need to calculate the required rate of return on this stock using CAPM.

Using the CAPM, we can calculate the required rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.

The formula for required rate of return under CAPM is,

r = rRF + Beta * (rM - rRF)

Where,

rRF is the risk free rate

rpM is the market return

r = 0.025 + 2 * (0.07 - 0.025)

r = 0.115 or 11.5%

Using the constant growth of dividend formula,

P0 = 3.5 * (1+0.03)  /  (0.115 - 0.03)

P0 = $42.4117 rounded off to $41.41

3 0
3 years ago
For a risk-free return rate of 5%, a market risk premium of 6%, what is the required rate of return for a security with a beta c
adoni [48]

Answer:

14%

Explanation:

required rate of return = risk free rate of return + ( risk premium x beta)

5% + 1.5 x 6% = 14%

3 0
3 years ago
On July 4, Blossom's Restaurant accepts a Visa card for a $150 dinner bill. Visa charges a 2% service fee. Prepare the entry on
Tpy6a [65]

Answer:

The journal entry is shown below.

Explanation:

According to the scenario, the journal entry for the given data are as follows:

Journal entry

Jul.4 Cash A/c Dr    $147

        Card charges A/c Dr.   $3

        To Sales revenue A/c   $150

(Being card transaction is recorded)

Computation:

Cash = $150 - 2% × $150 = $147

Card charges = $150 × 2% = $3

3 0
3 years ago
in a business auto policy�s physical damage coverage, which 2 coverages will not be written together for the same vehicle:
choli [55]

in a business auto policy Comprehensive and Specified Cause of Loss physical damage coverage, which 2 coverages will not be written together for the same vehicle.

An organization's usage of cars, trucks, vans, and other vehicles while conducting business is covered by a business automotive insurance (BAP). Vehicles hired by the firm, owned by the employee, or leased by the company and used for business reasons may all be covered.

A legal document used in commercial auto insurance contracts is a business auto coverage form. It details the automobiles and dangers protected under the contract. Broadening endorsements are available for purchase by policyholders who need higher levels of coverage in order to further cut their risk.

Learn more about business auto policy here

brainly.com/question/27926518

#SPJ4

3 0
2 years ago
Your boss, Sam, has approved for you to conduct a usability test on your company’s website. Your next step is to design the te
Black_prince [1.1K]

Answer:

<em>C) That the test asks users to accomplish a series of tasks.</em>

Explanation:

True, the usability test on the company website should be brief and not time consuming. Therefore all other steps are relevant such as asking users to do one task.

Also making sure the test is specific by ensuring it is based on a common problem or question that the users have. And  should put the more importantly it should put the user experience in mind in the design.

7 0
3 years ago
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