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3 years ago

Importance of having a business plan to ensure the success of a business

Business

1 answer:

lawyer [7]3 years ago

3 0

Answer:

The importance of a business plan is to help plan out how you want a business to go and to also show how to get around or through obstacles.

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Jumbuck Exploration has a current stock price of $2.00 and is expected to sell for $2.10 in one year's time, immediately after i

fiasKO [112]

The equity cost of capital for the Jumbuck Exploration is 22%

Explanation:

Equity cost refers to the return offered to the customers in place of their investment in the organisation stocks. It is calculated by the formula

Rₐ = (D₁/P₀)+g

Where Rₐ= cost of equity

D₁= dividends announced

P₀=share price (current)

g= growth rate

Now given details-

Dividend announced (D₁)- $ 0.26

Current market price (P₀) - $ 2.00

Expected price= $ 2.10

growth rate= expected price- current price

growth rate (g) =$ 0.10

Putting the values to find Rₐ

Rₐ=(0.26/2.00)+0.10

Rₐ=0.23 or 23%

Nearest answer is 22%

Hence the equity cost of the capital is 22%

4 0

4 years ago

Bob is a manager at a local Toyota dealership who has lost five of his employees during the last year. Now he has to make a deci

spin [16.1K]

Answer:

Neglecting to gather information on whether or not the plan was successful.

Explanation:

In this step, he is most likely to face the problem of Neglecting to gather information on whether or not the plan was successful. The whole goal of the evaluation and feedback step is to analyze the results that occurred due to the decision that was made and determine whether or not it was successful, and this is done by receiving feedback from those that the decision affects. The biggest problem seen in this step is when the individual fails to gather enough information to determine effectively whether or not the decision was a good decision based on whether or not it accomplished what it was meant to accomplish.

5 0

3 years ago

a $250,000 loan is to be amortized over 8 years, with annual end-of-year payments. which of these statements is correct

Maksim231197 [3]

The correct option in this case is:

d) The proportion of each payment that represents interest as opposed to repayment of principal would be lower if the interest rate were lower.

What is loan amortization?

Loan amortization means that loan principal would be repaid gradually alongside interest over the 8 years period rather than an interest only loan where the principal is repaid at the end of loan period.

In this case, the portion of annual payment that is in respect of interest would be much lower when the interest rate on the loan is lower rather than when the interest rate is higher.

Find out more about loan amortization on:brainly.com/question/19755003

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Full question:

A $250,000 loan is to be amortized over 8 years, with annual end-of-year payments. Which of the following statements is CORRECT?

a) The proportion of interest versus principal repayment would be the same for each of the 8 payments.

b) The annual payments would be larger if the interest rate were lower.

c) If the loan were amortized over 10 years rather than 8 years, and if the interest rate were the same in either case, the first payment would include more dollars of interest under the 8-year amortization plan.

d) The proportion of each payment that represents interest as opposed to repayment of principal would be lower if the interest rate were lower.

e) The last payment would have a higher proportion of interest than the first payment

8 0

2 years ago

Omestead crafts, a distributor of handmade gifts, operates out of owner emma finn's house. at the end of the current period, emm

grigory [225]

1,710 units

1,300 in inventory

+ 350 in transit

+ 80 on consignment

= 1730

- 20 damaged units

=1,710 units in period end inventory

7 0

3 years ago

Kathleen is the new operations manager of a national stock brokerage firm. She recently attended a conference on the use of expe

balu736 [363]

Answer: determine what rewards are valued by her employees

Explanation:

From the question, we are informed that Kathleen is the new operations manager of a national stock brokerage firm and that she recently attended a conference on the use of expectancy theory to motivate employees.

In order to incorporate what she has learned, the first thing Kathleen must do is to know the kind of rewards that her workers value. This will be vital to achieve organizational goals.

6 0

3 years ago

Importance of having a business plan to ensure the success of a business​

Importance of having a business plan to ensure the success of a business