Answer:
$80 per share.
Explanation:
Given: Dividend= $12.60
Rate of return= 15.75%
Now, finding the price per share.
Formula; Price per share=
⇒ Price per share=
⇒ Price per share=
∴ Price per share= $80 per share.
Hence, price per share is $80 for Morristown Industries.
Family members can give advice but if they are not a business partner, then they don't have much of a say in the business.
Answer:Credentialing
Explanation: Credentialing: Providing documentation that identifies personnel and authenticates and verifies their qualifications for a particular position
Answer: Conservative approach; Short term debt
Explanation:
Conservative approach is used by a company to maintain a level of current assets that is high which invariably leads to higher working capital. This is used by a firm that occasionally faces demand for short-term credit but usually has an excess of short-term capital to finance current assets.
Short term debts typically costs less than the long term debts as it's for a shorter duration.