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3 years ago

If you are busy with another customer when someone comes in, what can you do? select one:

1 answer:

7 0

Ab. smile at them and make eye contact while you continue to help the first customer so they know they were recognized and not being ignored.

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For a recent year L’Oreal reported operating profit of €3,385 (in millions) for its Cosmetics division. Total assets were €12,88

aivan3 [116]

Answer:

The correct answer is 26.05%.

Explanation:

According to the scenario, the given data are as follows:

Beginning Assets = 12,888 ( million)

Ending Assets = 13,099 (million)

Operating profit = 3,385 (million)

So, Average Assets for the year = (12,888 + 13,099) ÷ 2 = 12,993.5 (million)

So, we can calculate the return on investment by using following formula:

Return on investment = Operating profit ÷ Average assets for the year

By putting the value, we get

Return on investment = 3,385 ÷ 12,993.5 (million)

= 0.2605 or 26.05%

8 0

3 years ago

The Jameson Company just paid a dividend of $0.75 per share, and that dividend is expected to grow at a constant rate of 5.50% p

belka [17]

Answer:

Jameson's current stock price, P0 is $18.62

Explanation:

Required rate of return = Risk free rate + Beta*Market risk premium.

= 4.00% + 1.15*5.00 %

= 9.75 %

Current stock price, P0

= Expected dividend per share/(Required rate of return - Growth in dividends)

= (0.75 + 5.50%*0.75)/(0.0975 - 0.055)

= $18.62

Therefore, Jameson's current stock price, P0 is $18.62

5 0

3 years ago

an investor currently has 40,000 portfolio 40% of which is invested in bonds the investor wishes to add funds to the portfolio b

Marina86 [1]

Answer:

The value of the bonds that the investor should purchase=$10,000

Explanation:

Step 1: Determine current value of portfolio and bonds

Current value of portfolio=$40,000

Current value of bonds=40% of 40,000

Current value of bonds=(40/100)×40,000=$16,000

Step 2: Final value of bonds and portfolio

Final value of bonds=current value of bonds+added value of bonds

where;

current value of bonds=16,000

added value of bonds=X

replacing;

Final value of bonds=16,000+X

Final value of portfolio=current value of portfolio+added value of bonds

where;

current value of portfolio=40,000

added value of bonds=X

replacing;

Final value of portfolio=40,000+X

Step 3: Solve for X

Using the expression;

Proportion of bonds=(final value of bonds/final value of portfolio)×100

where;

proportion of bonds=52%

final value of bonds=16,000+X

final value of portfolio=40,000+X

replacing;

(52/100)=(16,000+X)/(40,000+X)

0.52=(16,000+X)/(40,000+X)

0.52(40,000+X)=16,000+X

20,800+0.52 X=16,000+X

(X-0.52 X)=20,800-16,000

0.48 X=4,800

X=4,800/0.48=10,000

The value of the bonds that the investor should purchase=$10,000

8 0

3 years ago

Suppose that there are no storage costs for crude oil and the interest rate for borrowing or lending is 5% per annum. How could

mario62 [17]

Answer:

$4.50

Explanation:

In order to make a profit from the futures contracts, it would be appropriate to take a long position in the June futures contract(buy) and take a short position in the December futures contract.

The investor would borrow $60 today which would necessitate paying back $60 plus a half-year in interest payment.

loan repayment=$60*(1+5%/2)=$ 61.50

In December, sell crude oil at $66 and repay the loan principal and interest

profit=$66-$61.50=$4.50

5 0

3 years ago

Southern gardeners normally pay $5 for a 2-cubit-foot bag of pine bark mulch that they buy at their local gardening-supply and h

Lapatulllka [165]

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3 0

3 years ago