Answer:
$936.33 Million
Explanation:
Current sales = $525 millions
Growth rate = 7.5%
Number of years = 10 years
Sales after 8 year = Current sales x 
Sales after 8 year = $ 525 million x 
Sales after 8 year = $ 525 million x 
Sales after 8 year = $ 525 million x 
Sales after 8 year = $ 525 million x 1.783477826
Sales after 8 year = $ 936.33 million
Answer: Nonrational
Explanation: The nonrational model of decision making comes in the aspects of deciding on and pursuing a method of action that will satisfy the minimum requirements to achieve a particular goal, increments, and understanding without deliberate thinking that are administrative and realistic in the decision-making process.
However, with nonrational decision-making involving uncertainty and lack of available information to carry out a reasonable decision, there is a possibility of adverse results with the decision made and the likelihood of an effect tending to cause harm to the organization respectively. Also, this model of decision making is expensive and time-consuming altogether.
<em>Question Continuation</em>
<em>The probability that a respondent read a book in the last month and is at least 30 years old is the closest to
</em>
<em>
A. 0.33
</em>
<em>
B. 0.88
</em>
<em>
C. 0.46
</em>
<em>
D. 0.12
</em>
<em>See Attachment for complete question
</em>
Answer:
A. 0.33
Explanation:
To solve this question, we need the intersecting cell of Yes and 30+
The probability is then calculated as follows:
Where Total = 200
From the list of given options; (A) is the closest to 0.325
Hence:
<em>Option A answers the question</em>
Answer:
12.10%
Explanation:
Given that,
Dividend paid last year = $1.17
Dividend growth rate = 3.70%
Stock price = $14.44
Dividend for the next period:
= Dividend paid last year × (1 + Dividend growth rate)
= $1.17 × (1 + 0.037)
= $1.17 × 1.037
= $1.21329
Return expected:
= (Dividend for the next period ÷ Current price) + Growth rate
= ($1.21329 ÷ $14.44) + 0.037
= 0.0840 + 0.0370
= 8.40% + 3.70%
= 12.10% (Approximately)
Answer:
Dr. Salaries Payable $2,000
Dr. Salaries Expense $2,250
Cr. Cash $4,250
Explanation:
At the end of fiscal year following entry was paased to record the accrued salary expense and create a payable account.
Dr. Salaries Expense $2,000
Cr. Salaries Payable $2,000
The remaining Expense of $2,250 ($4250-$2000) is related to current fiscal year so, it is recorded with the payament.
