Answer:
$20.29
Explanation:
The computation of the today share price is shown below:
= Next year dividend ÷ (Required rate of return - growth rate)
where,
Next year dividend
= $2.20 + $2.20 × 3.75%
= $2.20 + 0.0825
= $2.2825
The other items values would remain the same
So, the today price would be
= $2.2825 ÷ (15% - 3.75%)
= $2.2825 ÷ 11.25%
= $20.29
Answer:
Financial planning is a step-by-step approach to meet one's life goals. A financial plan acts as a guide as you go through life's journey. Essentially, it helps you be in control of your income, expenses and investments such that you can manage your money and achieve your goals.
Explanation:
Answer:
The answers are : unauthorized, identified, facts, affirm, authorization, withdraws, observe.
Explanation:
Ratification occurs when the principal accepts responsibility for the agent's unauthorized acts. For ratification to be valid, the agent must have acted on behalf of an identified principal, that principal must know all of the material facts , must affirm the agent's act in its entirety, and must have the legal authorization to ratify the transaction both at the time the agent engages in the act and at the time the principal ratifies it. The principal's ratification must occur before the third party withdraws from the transaction, and the principal must observe the same formalities when ratifying the act as would have been required to authorize it initially.
<u>Solution and Explanation:</u>
1. False- Long run Economic growth is likely to be sustainable because of finite natural resources as othe man made resources will be available to sustain growth.
2. False- In mordern economy posesing few natural resources will not affect a country to develop economically; human resources and man made resources will also contribute. Foreign trade can also play an important role towards growth, in the absence of abundant natural resources.
3. True- Natural resources are vital, and mostly exhaustible. Hence it is very essential to find suitable alternatives.
4. False- Economies of 21st century depend on human capital due to depletable atural resources.
5. True - In the 19th century, minerals and farming land were the most mportant resources, since self sustainability was in vogue.
The company would most probably be interested in early majority
.
<u>Explanation:
</u>
Adopter categories split consumers into sections on the basis of their willingness to try out new innovations or products.
The categories of adopters had been first given the name and defined by social scientist Everett Rogers in 1962 in the famous book Propagation of Innovation.
Adopter categories as a concept for the propagation of the theory of creativity are extended to several studies, amongst others, marketing, administrative studies, management of information, communications and research of complexity.
Early majority: If this group joins an idea or some other innovation, it appears to be adopted by the public shortly. This group makes useful decisions and practical advantages over coolness.
