Answer:
High volume
Low cost
Moderate speed of delivery.
Explanation:
High - volume : The train can a large volume of goods at a single time as high number of coaches can be added to the train.
Low - cost : As the volume of goods carried in a single time by train is very large therefore the cost of transportation reduces to lowest than other means like air logistics.
Moderate speed of delivery : The speed of logistic delivery from one part to another part is comparatively lower than the air logistics transport system but is more than the road logistics transport system in terms of long distance like in different states.
Answer:
a. 7.83 percent
Explanation:
This is calculated by using the Gordon growth model (GGM) formula as follows:
P = d / (r - g) ……………………………………… (1)
Where;
P = market price of the stock = $24.09
d = next year annual dividend = $1.26
r = cost of equity = ?
g = dividend growth rate = 2.6%, or 0.026
Substituting the values into equation and solve for r, we have:
24.09 = 1.26 / (r - 0.026)
24.09 (r - 0.026) = 1.26
24.09r - 0.62634 = 1.26
24.09r = 1.26 + 0.62634
24.09r = 1.88634
r = 1.88634 / 24.09
r = 0.0783038605230386, or 7.83038605230386%
Rounding to 2 decimal places. we have:
r = 7.83%
Therefore, the correct option is a. 7.83 percent.
Internet more specifically Google. Yes to some extent because what you find on the internet you will not find if you watch the news. The more information you want the more you will need to look at the other resources.
Prepare the journal entries for the issuance of the bonds by Gless and the purchase of the bond investment by Century.
