I think the answer is 1.45%
<span>The budgeting process requires significant coordination among the company's various business segments. Budgeting requires all aspects of a business to come together and make decisions. The decisions need to be made together because the company will usually have an overall budget as a whole but then the individual sections will also have a budget. When they work together if one department needs more money they are able to allocate resources and shift money around easier. </span>
Answer:
b. first-in, first-out.
Explanation:
Generally, there are three methods for estimating the inventory shown below:
1. First-in-first, the company is selling the old products in this way than the new ones, which means first selling the old products and then selling the new ones
2. Weighted average method: Weighted cost is measured by considering the total revenue and total purchase
3. Last-in-first-out: Contrary to the first-in-first-out process, the first sale of new goods, then selling of old goods.
4. Base stock: The process by which the orders of the consumer are fulfilled by holding the less inventory
In the FIFO method, the highest ended inventory results in the lower cost of goods sold at the highest net profits.
Answer:
Use the Gordon Growth formula for this.
The price of a stock in the current year is:
= (Dividends in current year * (1 + growth rate) ) / (Required return - growth rate)
Current price
= (2.55 * ( 1 + 3.9%) ) / (10.4% - 3.9%)
= $40.76
In 3 years:
= (2.55 * ( 1 + 3.9%)⁴ ) / (10.4% - 3.9%)
= $45.72
In 15 years:
= (2.55 * ( 1 + 3.9%)¹⁶ ) / (10.4% - 3.9%)
= $72.36
