Answer:
The value of the Share of Zeke after the new Expansion is $25.
Explanation:
As there was no growth in the dividend before change, Price of the share from a stable dividend payment can be calculated by following formula.
Price = Dividend / Required rate of return
As we have the share price and the dividend amount we need to calculate the required rate of return.
Required rate of return = Dividend / Price
Placing value in the formula
Required rate of return = $2.50 / $25.00 = 0.1 = 10%
After New Expansion
Dividend = $1.50
Growth rate = 4%
The share price can be calculated by the dividend growth formula, as follow
Price of share = Dividend / (Rate of return - growth rate)
Price of share = $1.50 / (10% - 4%)
Price of share = $1.50 / 6%
Price of share = $25
Answer:
Control
Explanation:
In this question, the question is talking about the marketing plan that consists of implementation, evaluation, and control
The implementation deals with the marketing strategies that are executed to achieve the goals and objectives of the business organization.
The evaluation is the judgment that is derived from the available resources through which can know the actual position of the organization
And, the control is the last step of the marketing plan through which the analysis could be made based on the organization's objectives.
Answer:
The correct answer is: C. Personal selling
Explanation:
The personal sale is a tool of the promotional mix or type of sale where a particular seller offers, promotes or sells a product or service to a particular individual consumer directly.
It is based on a personal communication since it goes from one person (the seller) to another person (the potential customer or buyer), unlike for example advertising, which uses impersonal means since it is addressed to several consumers at the same time.
Personal selling is the most effective way to sell a product and to get a satisfied customer with the possibility that he can repeat the purchase or recommend the product or the company to other consumers.
Answer:
A joint venture (JV) is not a partnership. That term is reserved for a single business entity that is formed by two or more people. Joint ventures join two or more different entities into a new one, which may or may not be a partnership.
Hope it helps
Answer:
$18,315,000
Explanation:
Total Income
:
= 15% of Total assets
= $13,900,000 × 15%
= $2,085,000
Total Sales
:
= Market price × Production volume
= $34 × 600,000
= $20,400,000
So, Target full product cost in total for the year
:
= Total Sales - Total Income
= $20,400,000 - $2,085,000
= $18,315,000
