The return on equity of Oscar's dog house is 18.6% (=12.5%*1.49) based on the information shown on the question above. This problem can be solved using the DuPont identity which stated as Return on Equity = profit margin * asset turnover * equity multiplier and in this problem, we do not have the asset turnover ratio. We can make a simple alteration to the formula because of Return on asset = profit margin * asset turnover. Therefore, we will find a new formula which stated as RoE = (Return on asset*equity multiplier).
Answer:
Option A; INSTRUMENTALITY.
Explanation:
The expectancy theory explains the processes an individual undergoes to make choices.
INSTRUMENTALITY is the perception of employees as to whether they will actually get what they desire or not.
Lucas's concern is related to instrumentality because he is not sure whether the on-time performance goal will be met or not, even if he puts more effort and performs as expected of him because there are other individual who may cause the desired result not to happen.
Therefore, based on expectancy theory, INSTRUMENTALITY is most closely related to Lucas's concern.
In the context of a business where products and services are offered to customers, demand is created by the customers.
This is further explained below.
<h3>What are
customers?</h3>
Generally, In the context of a company that provides goods and services to consumers, the demand for such goods and services is generated by the customers themselves.
In conclusion, the Customer is the receiver of an item, service, product, or idea that was gained from a seller, vendor, or supplier through a financial transaction or exchange for money or some other valued consideration. The term "customer" is used in the contexts of sales, commerce, and economics.
Read more about customers
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Answer:
8.60%
Explanation:
Face value of the bond = $1000
Years = 10 years (12-2). Semiannual number of periods = 20 (10*2)
Semiannual coupon rate = 9.2%/2 = 0.046
Semiannual coupon payment amount = 0.046*1000 = 46
Present value = 1000*104% = $1040
<em>Value of YTM can be derived using Ms excel </em>
Yield to maturity = YTM (No of periods, Payments, Present value, Face value) * 2
Yield to maturity = YTM (20, 46, 1040, 1000) * 2
Yield to maturity = 4.30% * 2
Yield to maturity = 8.60%