Answer:
$51.22
Explanation:
For computing the intrinsic value, first we have to determine the current year dividend and expected rate of return which is shown below:
The computation of the next year dividend is shown below:
= $3 + $3 × 3.8%
= $3 + 0.114
= $3.114
And, the expected rate of return would be
= Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
= 2.4% + 0.88 × (10.9% - 2.4%)
= 2.4% + 0.88 × 8.5%
= 2.4% + 7.48%
= 9.88%
Now the intrinsic value would be
= Next year dividend ÷ (Required rate of return - growth rate)
= $3.114 ÷ (9.88% - 3.8%)
= $3.114 ÷ 6.08%
= $51.22
Answer:
The correct answer is D
Explanation:
Diversified is the term which is described as diverse or the varied. The hotels wants to have the different or varied brands so that the properties offer the personalized services, stylish and distinctive decors, which attract the professionals seeking the different alternatives.
So, in order to enhance the differentiation of the brands, the hotel should seek out or reach out the inputs which are of low quality.
Answer:
The answer is in a perfect competition profit is maximized when marginal cost equal marginal revenue and price is equal to average revenue and marginal revenue, while in monopolist profit is maximized when marginal cost is equal to marginal revenue.
Explanation:
The firm in a perfectly competitive market is a price taker,the price in the market is determined by the market forces of demand and supply. The firm has to sell their product at the ruling market price.The demand curve facing the firm in perfectly competitive market is horizontal or perfectly elastic, profit is therefore maximized when the marginal cost is equal to average revenue and marginal revenue. The firm in the market operate at the output level in which the price and marginal revenue is equal to marginal cost. Whatever prices that change the market demand or supply will change the demand curve faced by the firm.The firm cannot do anything to this than to accept the market price and the demand curve.
In a monopoly the demand curve is identical to the demand curve of the firm, because industry demand curve is downward sloping.The monopolist can either set the price or quantity not the two.when one is determined the value of the other will be determined by the demand function. The profit maximization of the monopolist also requires that marginal cost must be equal to marginal revenue just like in the case of perfect completion.when the monopolist equates MR and MC the monopolist determines its output and the market price for the product. The revenue curve is steeper than the demand curve,because the straight line is the market demand. The firm will have to reduce The price of the product if they want to sell more of their product the unit of the product sold is the AR which is equal to the price.Therefore the AR curve of the monopolist and the perfect competition MR and AR are both identical that informed the reason why the marginal revenue curve is steeper than the demand curve for a single price monopolist.
Answer:
temporary suspension and maybe an Improvement Plan.
Explanation:
Based on the scenario, if the company has adopted a progressive discipline program then the according response would be a temporary suspension and maybe an Improvement Plan. This is because a progressive discipline program follows the following steps accordingly.
1) Verbal Counseling. The first step in a progressive discipline process is to merely have a conversation with the employee. ...
2) Written Warning. The second step should be another conversation that is documented in a written format. ...
3) Employee Suspension and Improvement Plan. ...
4) Termination.
Seeing since step 2 has already been done the next course of action would be step 3.
The given statement " Texas ranks in terms of state spending per capita and it ranks in terms of how much money it gets from the federal government " is TRUE
Explanation:
In 2007, the State spending per capita, fiscal 2007, ranked Texas among 50 States in per capita policy (expenditures) revenue.
i. $ 3,831.00B/2007
Texas is the 43rd largest state and federal government on total per capita general spending.
Texas has been a low-cost country for a long time, often to the exclusion of the most needed services. Public education as well as health care and human services are the two biggest areas of government spending, collectively accounting for over half of all all-funds and general income budgets. Nonetheless, Texas has a low level of spending per pupil and per patient in the field of health care.
