Free market means you can choose what path you want to take such as a career or future. therefore the consumers control the market. that is why share prices go up and down because of s and d. the suplly and demand comes from the consumer wanting to purchase and sell. Therefore a free market economy is an economy controlled by consumers
Answer: Po = Do(1+g)/Ke-g
Po = $3.10(1-0.109)/0.13 - (-0.109)
Po = $3.10(0.891)/0.13+0.109
Po = $3.10(0.891)/0.239
Po = $11.56
Explanation: The current market price of the stock equals the current dividend paid multiplied by 1+g divided by the excess of cost of equity over growth rate. The growth rate is negative in this case, thus, the growth rate would be deducted from 1. Moreso, the growth rate will be added to cost of equity since it is negative. Thus, the amount that the investor will be willing to pay is $11.56.
The option available for Roddie would be "Roddie has no options under ADEA."
To understand this, we need to go through the terms of 'Age Discrimination Policy in Employment Act;'
- This Act covers the cases of employees or workers aging either 40 or above who have suffered age-based discrimination.
- The people aging under 40 are not covered under this act and hence, the benefits can not be reaped by them in any situation.
- This law doesn't allow the process of giving preference to an older employee over the younger to be considered illegal.
Hence, Roddie has no available options under ADEA as he is below 40(in fact only 30 years old) and he cannot claim under ADEA for justice.
Learn more about 'Age Discrimination in Employment Act (ADEA)' here: brainly.com/question/7239617
Answer:
$15 million
Explanation:
Franklin Construction
Construction costs incurred $54,000,000
Less total estimated costs ($44+$27) $69million
The anticipated loss $15 Million
Franklin will recognize anticipated gross loss of $15 million in the first year if it recognizes revenue over time according to percentage of completion method which is ($54 million contract price less total estimated costs of $69million)
