The answer is To give a sense of luxury
The 3rd one is not affected by a persons credit score
Answer:
STAFFING
Explanation:
STAFFING
This is the process of hiring candidates that are eligible for required positions in an organization or company. It is a managerial/ an entrepreneurial responsibility. It is the operation of recruiting employee by evaluating their skills, knowledge and then offering them specific job roles accordingly. Deena decision to hire two people for her own formal wear shop is the process of undergoing staffing in the formal wear shop.
Answer:
E. None of the above
Explanation:
First we need to calculate the holding period return
Holding period return is the rate of return which an assets earns during the period in which it holds the assets.
Holding Period Return = (Selling Price - Initial Price + Dividend ) / Initial Price
Holding Period Return = ($24 - $21 + $2.04 ) / $21 = 0.24 = 24%
Now we need to calculate the expected return on the stock using CAPM formula as follow
Expected return = Risk free rate + Beta ( Market Risk Premium )
Expected return = rf + beta ( E(rm) )
Placing values in the formula
Expected return = 8% + 1.2 ( 16% )
Expected return = 27.2%
Abnormal return is the difference of Holding period return and expected return
Abnormal return = 27.2% - 24% = 3.2%