Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:d) give the company its own identity. explain "where we are headed.
Explanation: A company's mission statement is a statement that specifically highlights the following
(1) The needs of the customer which the company plans to fulfill.
(2) Highlight the company's products and services which are rendered.
(3) It should also identify the Customer or market it is trying to reach.
This is what a good mission statement should be, The mission statement is different from the vision statement which tends to highlight where the company is heading to in the future.
Answer:
The incremental benefit cost ratio is less than 1 therefore we must select site 1.
Explanation:
The incremental BCR can be determined using the following formula
8% , 10)
⇒ 
⇒ 
8%, 20)
⇒ 
⇒
= $203,704.42
Incremental initial investment = 203,704.42 - 149,029.49
= $ 54,674.93
Incremental benefits = 580,000 - 520,000 = 60,000
Incremental O&M = 75,000 - 80,000 = - $ 5000
Incremental Disbenefits = 140,000 - 90,000 =$ 50,000
All solving using the present worth method also incremental benefit cost ratio comes out to be 0.2743.
The incremental benefit cost ratio is less than 1 therefore we must select site 1.
Answer: $22,200.72
Explanation:
Given the following :
Amount Pete Morton wants to be able to withdraw each period = $8000
Number of periods = 3
Interest rate on deposit = 4%
The amount Pete must deposit at the beginning of his study to be eligible is the product of the payment per period and the present value of annuity factor.
From the present value of annuity factor table ; the factor obtained for a 3 years period at 4 % Interest rate is 2.77509
Hence,
$8000 × 2.77509 = $22,200.72
Answer:
$41.39
Explanation:
Data provided in the question:
Annul Dividend paid, D0 = $2.84 per share
Growth rate, g = 1.85% = 0.0185
Rate of return required, r = 10.4% = 0.104
Now,
Current price of the stock at year 11 = D12 ÷ [ r - g]
= [ $2.84 × (1 + g)¹²] ÷ [ r - g]
= [ $2.84 × (1 + 0.0185)¹²] ÷ [ 0.104 - 0.0185]
= 3.539 ÷ 0.0855
= $41.39
