Answer:
BenchMark, Inc.
The current share price for the stock is:
$43.13
Explanation:
Dividend per share = $3.45
Growth rate = 5%
Investors' required rate of return = 13%
Stock value = Dividend per share / (Required Rate of Return – Dividend Growth Rate)
= $3.45/(0.13 - 0.05)
= $43.13
b) To determine BenchMark, Inc.'s current share price divide the dividend per share by the required rate of return after subtracting the growth rate from the required rate of return.
Answer: Pioneering advertising
Explanation: Pioneering advertising refers to the advertising of a product or service, the concept of which is fresh and none of such products had been to any market before. This kind of advertising is done for establishing a new market.
In the given case, the company wants to aware the dog lovers to know about the patio which is a new concept to the world.
Hence the correct option is E.
Answer: $369,500
Explanation:
The Cost concept of accounting calls for the recording of Assets at their cost.
Clementine Repair services offered to buy the land at $350,500 when it was priced at $388,500.
The seller countered with $369,500 and Clementine accepted this.
This means that Clementine bought the land for $369,500 which makes it the cost price.
They should therefore record it at $369,500.
Answer:
D) downsloping because successive units of a specific product yield less and less extra utility.
Explanation:
The marginal utility curve is downsloping because successive units of a specific product yield less and less extra utility or benefits.
It gives the relationship between the utility derived from the consumption of an additional unit of a good and the quantity of the good consumed.
The first world welfare superpower was Japan.
