Answer: 10.46
Explanation:
To answer this we can use the Constant Growth Model of Stock Valuation. The formula is,
P = D1/(r-g)
Where,
P is the current price,
D1 is the next dividend
g is the expected growth rate in the dividend,
and r is the required rate of return for the company.
Seeing as we have everything else and it is the required return that we seek, let us make 'r' the subject of the formula.
P = D1/(r-g)
P(r-g) = D1
r-g = D1/P
r = D1/P +g
So,
r = 2.95/ 49.50 + 0.045
= 0.10459595959
= 10.46%
the required return is 10.46%
Solution :
In the context, it is given that foreman in a construction company is responsible for the workers who are unskilled labors.
1. The segregation of the duties which involves the separation of the main functions and have them to conducted by the different workers. But here in this case, the approval of the attendance of the employees and the distribution of the checks to the worker are the important activities that are being conducted by a single employee.
2. This may result into frauds to the company. If the segregation of the duties is not implemented, then the company is at risk. This is because a single employee does the work for the approval of the attendance of the workers and distributing the checks to them for their work. So this can result in a fraud if the foreman wants to do fraud. But distributing the work among two employee will reduce the risk of fraud as one employee many not be willing to do fraud.
Answer:
It would be better to enter a new business area by acquisition when a company is considering implementing horizontal integration or when they are pursuing vertical integration and the company is lacking the distinctive competencies to establish a quick presence and reputation. Acquisition allows a company to purchase quicker than it takes to establish its own company that is similar. Also, acquisitions are less risky because there is less commercial uncertainty and the company is able re-search the turn get are interested and get have unpublished reputation, lastly, they are attractive because there are high barriers to entry
Explanation:
The answer in Executing. Executing stage in the cycle, a major portion of the project work are performed. In this stage, you are also more likely to find the status changes, reports and the creation of the forecasts. Stages of project life cycle have four phases namely Initiation, Planning, Execution and Closure.