mccabe corporation is expected to pay the following dividends over the next four years: $11, $7, $6, and $3.50. afterward, the company pledges to maintain a constant 4 percent growth rate in dividends forever. if the required return on the stock is 14 percent, what is the current share price?
Answers
The current share price of McCabe Corporation is $40.08.
To calculate the current share price of McCabe Corporation, we need to find the present value of all the expected dividends and the expected stock price at the end of the fourth year. Then, we can sum up these values to get the current share price.
First, let's find the present value of the dividends for the first four years:
PV of Dividend Year 1 = $11 / (1 + 0.14)^1 = $9.65
PV of Dividend Year 2 = $7 / (1 + 0.14)^2 = $5.47
PV of Dividend Year 3 = $6 / (1 + 0.14)^3 = $3.50
PV of Dividend Year 4 = $3.50 / (1 + 0.14)^4 = $1.78
Next, we need to find the expected stock price at the end of the fourth year. To do this, we can use the constant growth rate formula:
Expected Stock Price = Dividend at Year 5 / (Required Return - Growth Rate)
Expected Stock Price = $3.50 * (1 + 0.04) / (0.14 - 0.04) = $38.50
Now, we can calculate the present value of the expected stock price at the end of the fourth year:
PV of Expected Stock Price = $38.50 / (1 + 0.14)^4 = $19.68
Finally, we can sum up the present values of the dividends and the expected stock price to find the current share price:
Current Share Price = PV of Dividends + PV of Expected Stock Price
Current Share Price = $9.65 + $5.47 + $3.50 + $1.78 + $19.68
Current Share Price = $40.08
So the current share price of McCabe Corporation wil be $40.08.
To learn more about dividend, refer below:
https://brainly.com/question/29510262
#SPJ11
Related Questions
which of the following statements correctly explains how to prepare a trial balance? (check all that apply.) multiple select question. verify that the total debit balances equals the total credit balances. list each account title and its amount from the ledger. compute the total of debit balances and the total of credit balances. total debit account balances do not have to equal total credit account balances in order for the financial statements to be prepared.
Answers
Preparing a trial balance is the process of verifying that the debit and credit account balances in the ledger are equal. A trial balance is an accounting statement that lists the balances in all of the general ledger accounts.
In order to prepare a trial balance, the following steps need to be taken: List each account title and its amount from the ledger: It is important to ensure that all account balances are listed correctly so that they are included in the trial balance. Compute the total of debit balances and the total of credit balances: Once all account balances have been listed, the total of debit balances and credit balances need to be computed. Verify that the total debit balances equal the total credit balances: The final step is to check if the total debit balances equal the total credit balances. If they are equal, it means that the accounts are balanced and there are no errors in the ledger. If they are not equal, it means that there is an error that needs to be corrected before the financial statements can be prepared. To summarize, in order to prepare a trial balance, it is necessary to list each account title and its amount from the ledger, compute the total of debit balances and credit balances, and verify that the total debit balances equal the total credit balances.
For more question trial balance
https://brainly.com/question/31716078
#SPJ8
Differentiate between electricity geyser and gas geyser
Answers
But I’ll just say the difference between electrical and gas
They are very unique since gas is made out of air it is ineffective
While elictricty does the real difference about them is electricity can have effect on this world and life on it
And the side effect is the gas from it’s like pollution so yah that’s it
What is the FIRE movement?
Answers
Answer:
The FIRE movement is a lifestyle movement with the goal of gaining financial independence and retiring early.
Hidden Valley Communications, Inc., located in a remote area of Utah, made a special device that was used in 4th generation cell phones. After three years of local operations, the company that employed 4,000 people was planning to close its Utah operation and move the assembly offshore. Under the direction of a financial services company that financed the deal, the employees agreed to become owners of the company and continue to operate the business. The business concept that describes this arrangement is:
Answers
Answer: Leveraged buyout
Explanation:
leveraged buyout is a system of business concept that describes an acquisition of a company done by debts. Where a company acquires another through borrowing money to match the cost of the company being bought. Company assets are often used as loan for collateral in this case and they are often used to trade the profit of many private equity firms.
This is what the employees at Hidden Valley Communications, Inc. did.
active/passive she is watering the plants
Answers
Answer:
active
Explanation:
she "is" means she is currently watering the plants. if it was passive it would have been like this, "she watered the plants".
on january 1, poe corp. sold a machine for $900,000 to saxe corp., its wholly owned subsidiary. poe paid $1.1 million for this machine, which had accumulated depreciation of $250,000. poe estimated a $100,000 salvage value and depreciated the machine on the straight-line method over 20 years, a policy that saxe continued. in poe’s december 31 consolidated balance sheet, this machine should be included in cost and accumulated depreciation as cost accumulated depreciation cost $850,000 accumulated depreciation $42,500 cost $1,100,000 accumulated depreciation $300,000 cost $900,000 accumulated depreciation $40,000 cost $1,100,000 accumulated depreciation $290,000
Answers
in Poe Corp.'s December 31 consolidated balance sheet, the machine should be included with a cost of $900,000 and accumulated depreciation of $40,000 ($299,863 rounded to $300,000).
In Poe Corp.'s December 31 consolidated balance sheet, the machine should be included with a cost of $900,000 and accumulated depreciation of $40,000. Here's how we arrive at this answer:
1. Poe Corp. sold the machine to Saxe Corp., its wholly owned subsidiary, for $900,000 on January 1.
2. Poe Corp. initially purchased the machine for $1.1 million. It had accumulated depreciation of $250,000 at the time of the sale.
3. Poe Corp. estimated a salvage value of $100,000 for the machine.
4. Poe Corp. depreciated the machine on the straight-line method over 20 years, and Saxe Corp. continued with this policy.
To calculate the annual depreciation expense, we subtract the estimated salvage value from the cost of the machine and divide it by the useful life of 20 years:
($1.1 million - $100,000) / 20 = $50,000 per year
Since the machine was sold on January 1, only a portion of the year's depreciation expense is applicable. We need to calculate the depreciation expense for the period from January 1 to December 31.
Number of days from January 1 to December 31 = 365 days
Number of days from January 1 to the machine sale date (January 1) = 1 day
Number of days for which depreciation is applicable = 365 - 1 = 364 days
Depreciation expense for the period = ($50,000 / 365) * 364 = $49,863.01 (rounded to $49,863)
To determine the accumulated depreciation at the end of the year, we add the previous accumulated depreciation of $250,000 to the depreciation expense for the year:
$250,000 + $49,863 = $299,863
Therefore, in Poe Corp.'s December 31 consolidated balance sheet, the machine should be included with a cost of $900,000 and accumulated depreciation of $40,000 ($299,863 rounded to $300,000).
To know more about accumulated depreciation
https://brainly.com/question/28139636
#SPJ11
How do companies research potential new markets? Choose a global company who has a record of successful new market entry and explain why it has had this success, and consider also the reasons for any failures.
Answers
Explanation:
Companies search for potential new markets by collecting consumer data to understand their opinions, wants and needs, and then being able to enter a new market with a safe and effective strategy to generate profits and successes. Data collection occurs in the form of primary and secondary research. The primary research takes place directly with the consumer, it can be carried out in the form of focus groups, which is a direct analysis of the market demand researched by the consumer.
As for secondary research, information is received through third parties, such as online sites, trade associations, etc., which give an idea of market behavior.
IKEA in China is an example of a global company that entered a different market in the form of strategic adaptation to meet the needs of the Chinese, through ideas and concepts aimed at this public.
You want to ctegsosit $15,00na bank at an interest rate of 7 percent per year What is the uture vale of this money after three yes?
tuture value P+)
present value +0
OA S1837563
OR $19661.94
OC $20407.33
Answers
Answer:
A $18, 375.63
Explanation:
The amount to be deposited is $15,000
Interest rate is 7 percent
time is 3 years
the future value will be; the applicable formula
A = p x ( 1 + r) ^n
A = $15,000 x ( 1 + 7/100) ^ 3
A= $15,000 x 1.225043
A=$18,375. 64
The price of orange juice falls from $2.49 a jug to $1.99 a jug. (1) Explain whether the demand curve for apple juice will shift left, shift right, or if there is only movement along the demand curve for apple juice.
Answers
Answer:
there is only movement along the demand curve for apple juice.
Explanation:
The demand curve shows the graphical relationship between the price of a good or service and the quantity demanded at each point in time. It shows the quantity demanded at each price. There is an inverse relationship between price and quantity demanded, as the price increases the quantity demanded reduces (but demand itself stays the same) while If the price decreases, quantity demanded increases.
The price of orange juice falls from $2.49 a jug to $1.99 a jug, the demand curve remains the same, but there is only movement along the demand curve for apple juice.
Dopamine precursors and anticholinergics are all used in the management of parkinson disease, because they?
Answers
The management of parkinson disease, because they increase dopamine activity in the basal ganglia.
The correct option is B.
What causes Parkinson's disease?The substantia nigra, a region of the brain, loses nerve cells, which results in Parkinson's disease. Dopamine is a neurotransmitter that is made by nerve cells in this region of the brain.
What is the most effective therapy for Parkinson's disease?Levodopa. Most Parkinson's disease sufferers eventually require the drug levodopa. Dopamine, a substance that is utilized to send signals between the areas of the brain and the nerves that regulate movement, is created when levodopa is taken by the nerve cells in your brain.
To know more about Parkinson's Disease visit:
https://brainly.com/question/13508690
#SPJ4
The complete question is :-
Dopamine precursors and anticholinergics are all used in the management of Parkinson's disease, because they
a. induce regeneration of neurons in the basal ganglia.
b. increase dopamine activity in the basal ganglia.
c. produce excitation of basal ganglia structures.
d. prevent progression of the disease.
An account into which a person deposits money and then can withdraw funds by making a written order to the bank instructing it to pay money from the account to another person or a business is known as
a. a savings account.
b. achecking account.
c. a cashier's account.
d. a credit account.
Answers
Susan’s medical bill is $2,500 and her co-insurance is 80 percent/20 percent. How much does Susan pay after the deductible?
A. $500
B. $2,000
C. $800
D. $200
Answers
The correct answer is D, $200. This is because Susan would owe $1,600 based on her co-insurance, but she has already paid $500 toward her deductible. Therefore, her out-of-pocket cost would be $1,100 ($1,600 - $500).
Co-insurance is the percentage of medical costs that the patient is responsible for paying after their deductible has been met. In this case, Susan's co-insurance is 80 percent, meaning that she is responsible for paying 80 percent of the total cost of her medical bill.A deductible, on the other hand, is the amount that a patient must pay out of pocket before their insurance coverage kicks in. It is important to note that deductibles and co-insurance are separate from each other, and both may apply to a single medical bill.Now, let's apply this knowledge to Susan's situation. Her medical bill is $2,500, and we do not know if she has met her deductible or not. Assuming that she has met her deductible, we can calculate how much she would owe based on her co-insurance.To do this, we first subtract the deductible amount (if applicable) from the total cost of the medical bill. Let's assume that Susan's deductible is $500. In this case, we would subtract $500 from $2,500 to get $2,000.
To know more about deductible visit:
brainly.com/question/3158031
#SPJ11
6. Identify a change in technology during each of the time periods in history below that you believe improved the
way marketing activities were completed. List the example and explain how it contributed to marketing during
that time.
(a) 1900s to 1930s
(b) 1930s to 1950s
(c) 1950s to 1980s
(d) 1980s to today
Answer:
Answers
Answer:
Prior to the 1950s, the production orientation generally held true due to the growing numbers of affluent and middle class people that capitalism had created.
Say’s Law states that the “production of commodities creates, and is the one and universal cause which creates, a market for the commodities produced”.
The emphasis of firms adopting a production orientation of marketing would have been based on the theory of economies of scale, which are the cost advantages that an enterprise obtains due to expansion.
If the price of lumber increases by %10 and the quantity demanded drops by the same amount, then demand is said to be _______.
Answers
When the price elasticity value exceeds one, demand is considered to be price elastic. Here, the quantity wanted is changing by a percentage of 15, while the price is changing by a percentage of 10, indicating a price elasticity of demand of 1.5.
when a 10% price rise on a product has resulted in a 2% drop in demand for that product?If the percentage decline in the amount demanded is less than the percentage increase in the price, the demand for a good is inelastic. Demand is inelastic in this case because a 10% price increase results in a 2% decrease in quantity demanded.
What is the price elasticity of demand when the price rises by 30% and the quantity required declines by 10%?When price changes result in a disproportionately modest change in the quantity required, there is inelastic demand. For instance, a good with inelastic demand may have a price increase of 30% while only experiencing a 10% decline in demand as a result.
To Know more about elasticity
https://brainly.com/question/28790459
#SPJ1
in the planning process, what is the role of strategic goals and plans?
Answers
Strategic goals and plans play a critical role in the planning process of an organization. They provide a clear direction and vision for the organization to achieve its long-term objectives.
The strategic goals and plans define the overall purpose and scope of the organization, its values, and its desired outcomes. They also provide a roadmap for the organization to align its resources and efforts toward achieving its goals.
In the planning process, strategic goals and plans provide a framework for decision-making and resource allocation. They help identify areas of focus, prioritize initiatives, and guide the allocation of resources toward achieving specific outcomes. This enables organizations to make more informed decisions and use resources effectively and efficiently.
Moreover, strategic goals and plans provide a basis for measuring and evaluating the performance of an organization. They define clear, measurable targets and outcomes, which allow organizations to monitor progress toward achieving their goals and assess the effectiveness of their strategies.
To learn more about the planning process
https://brainly.com/question/30584184
#SPJ4
If the resources that an entrepreneur uses have a higher value if used for other production, the entrepreneur will
Answers
Answer:c
Explanation:
An entrepreneur should focus his or her efforts on ventures that will provide the most profit.
If they invested in something else, they would lose money since the project they chose would yield less profit than the optimal one that would have yielded more.
Thus, Lose Money is correct.
What is the most important resource for business owners?Human capital, sometimes known as "talent" or "employees," was frequently the most highly regarded resource among those polled.
Management and technical workers were regularly mentioned as being very significant by respondents. Debt and equity capital are used to provide access to funding or finance.
For more information about entrepreneurs refer to the link:
https://brainly.com/question/13897585
#SPJ2
What change could be considered an effective sign of economic recovery from the Great Recession?
employment level in architectural and engineering services at 18,000 jobs
unemployment levels at 8 percent
architecture and construction industry demonstrating a sustainable level of growth
the gross domestic product (GDP) growing at .5 percent
Answers
Answer:
The answer is C. architecture and construction industry demonstrating a sustainable level of growth
2. Suppose that there are five different lemonade stands in the same neighborhood. Explain
how the lemonade stands meet most of the conditions of perfect competition
Answers
Answer:
Eventually prices will equalize at all five lemonade stands.
Explanation:
Perfect competition is accomplished when, in an appropriate business, all firms have identical price arrangements and there is an adequately substantial amount of these same firms so that the production arrangement of any one firm has no obvious influence on the cost at which it commodity is marketed.
The lemonade made are similar in taste, thus they are identical products. Thus, if a lemonade seller increases the price of their good, buyers can patronise another lemonade seller. As a result, the price of lemonades would be the same among the five sellers.
Also, there is little or no barriers to entry for lemonade sellers.
A perfect competition is a market were there are numerous buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
To learn more about perfect competition, please check: https://brainly.com/question/22698976
One change that Seth mentions is the PlantBottle. Another is using grape juice instead of sugar to sweeten drinks. What is true about these changes? Neither innovation would have been possible without outside partners. The PlantBottle is a potentially radical innovation; grape juice–sweetened drinks are a technology change. Implementing multiple changes to products is an example of an technical approach to innovation. The PlantBottle is a potentially radical innovation; grape juice–sweetened drinks are a product change. Seth Goldman makes clear that innovation is essential for a small company to break into the packaged beverage market. In what ways can a company foster innovation? Check all that apply. Give people in the organization time to work on intrapreneurial projects. Organize the company with a centralized structure using functional departments and reward short-term results. Give employees rewards for developing innovative ideas. Establish an organizational culture with values, beliefs, and symbols that support innovation.
Answers
The option that's true about the changes is the fact that D. The PlantBottle is a potentially radical innovation; grape juice–sweetened drinks are a product change.
A company can foster innovation in the following ways:
Give people in the organization time to work on intrapreneurial projects. Give employees rewards for developing innovative ideas. Establish an organizational culture with values, beliefs, and symbols that support innovation.It should be noted that innovation is vital for the growth of an organization. This can be enhanced by rewarding the employees that come up with ideas that are innovative. The environment should also be supportive so that it'll bring out the best in the people.
Read related link on:
https://brainly.com/question/25054622
tanveer is tasked with obtaining detailed information about the jobs in his organization. he is performing a job .
Answers
Tanveer is tasked with obtaining detailed information about the jobs in his organization. he is performing a job analysis. Thus, option C is correct.
What is an organization?An organization is defined as the part where the work is done together and in the organization people get paid for the job that they have performed.
Tanveer is performing job analysis as he is writing a piece of detailed information about the job. In this, a particular department and a particular position is being chosen about which all the duties roles, and responsibilities are written. Therefore, option C is the correct option.
Learn more about organization, here:
https://brainly.com/question/15202866
#SPJ4
The question is incomplete, the complete question is :
a. selection
b. design
c. analysis
d. recruitment
leah loves chicken wings and is comparing the deals at three different restaurants. which 222 ways could leah find the best deal?
Answers
There are many different ways that Leah could compare the deals at three different restaurants. She could consider the price per wing, the total price for a certain number of wings, any promotions or discounts that might be available, or any other factors that she deems important. Ultimately, there are 222 ways that Leah could find the best deal for chicken wings, depending on how she chooses to compare the prices and promotions at each restaurant.
To find the best deal for chicken wings, Leah needs to compare the prices at three different restaurants. Let's say these restaurants are A, B, and C. Leah needs to consider the prices of the chicken wings at each restaurant, as well as any deals or promotions that might be available.One way Leah could find the best deal is by simply comparing the prices of the chicken wings at each restaurant.
For example, if Restaurant A charges $10 for 10 chicken wings, Restaurant B charges $12 for 12 chicken wings, and Restaurant C charges $15 for 15 chicken wings, Leah might conclude that Restaurant A is the best deal.However, Leah could also consider any deals or promotions that might be available. For example, Restaurant B might be running a "buy one, get one half off" deal, which would mean that Leah could get 24 chicken wings for $18 instead of $24. In this case, Restaurant B would be the best deal.
For more such questions on restaurants
https://brainly.com/question/3534614
#SPJ11
Select the best answer for the question.
2. Which functional area in a retail store usually manages the on-site revenue generation, administration, and reports on the center's expenses?
O A. Finance
O B. Information Technology (IT)
C. Human Resources
O D. Visual Merchandising
Answers
Answer:
Human resources
Explanation:
To some people, speaking in public is not a stressor.
A. True B. False
Answers
Answer:
A. true
Explanation:
because of their experiences
Answer:
A. true
Explanation:
1: "How did Great Buy handle the return?" asks Sam.
"They promptly sent us two replacement monitors on October 10, as soon
as we returned the damaged ones," Monique replies. "And on October 28,
they sent us an invoice for the entire order. We paid them with a check that
same day."
Monique shows Sam the invoice from Great Buy, which reflects the two
replacement monitors that Berthold's received after returning the damaged
ones and asks him to process it for payment.
DESCRIPTION
Computer monitors (original order, $350 x 8)
Computer monitors (replacements, $350 x 2)
TOTAL:
AMOUNT
8 of 12
$2,800
$700
$3,500
What information would be recorded in the Accounts Payable ledger, which
had a previous balance of $2,800?
Answers
The resulting balance in the Accounts Payable ledger after these transactions would be a credit balance of $300 (i.e., $2,800 credit balance - $700 debit + $3,500 credit).
Why it is?
Based on the information provided, the following transactions would be recorded in the Accounts Payable ledger:
A credit entry for the original order of 8 computer monitors for $2,800, which was the previous balance in the ledger.
A debit entry for the two replacement monitors received on October 10, for a total of $700.
A credit entry for the payment made by Berthold's with a check on October 28, for the total amount due of $3,500.
To know more about credit balance related question visit:
https://brainly.com/question/14979968
#SPJ1
The costs per equivalent unit of direct materials and conversion in the rolling department of oak ridge steel company are 180 and 62
Answers
Answer:
Equivalent units of direct materials= $180 per tons
Equivalent units of conversion =$62 per tons
Explanation:
Calculation to Determine the direct materials and conversion costs per equivalent unit.
Using this formula
Equivalent units of direct materials=Cost of direct materials transferred/Total equivalent units for direct materials
Let plug in the formula
Equivalent units of direct materials= $432,000/2,400
Equivalent units of direct materials= $180 per tons
Therefore the direct materials cost per equivalent unit will be $180 per tons.
Calculation for Equivalent units of conversion using this formula
Equivalent units of conversion=Conversion cost /Total equivalent units for Conversion
Let plug in the formula
Equivalent units of conversion=$144,150/2,325
Equivalent units of conversion= $62 per tons
Therefore the conversion cost per equivalent unit will be $62 per tons.
what are the two major determinants of the overall growth of the economy according to the view of economic growth based on labor data
Answers
The overall growth of an economy is determined by two major factors: labor data and economic growth.
Labor data is the measure of the availability, quantity, and quality of the labor force within an economy. It considers the number of people employed, the size of the workforce, and the level of productivity of the workers.
Economic growth, on the other hand, is the measure of an increase in the total output of goods and services of an economy over a given period of time. In order to understand the growth of an economy, one must consider both labor data and economic growth.
To learn more about economic, click here:
https://brainly.com/question/14787713?
#SPJ4
HOW CAN COMMUNICATION AFFECT A COMPANY'S PUBLIC IMAGE?
Answers
Answer: In broad terms, corporate communication is the practice of creating, fostering, and maintaining a consistent brand image and identity. Effective corporate communication helps you mold a company image that promotes internal loyalty while also creating loyal external customers.
Answer:
if they don't communicate well with their workers, it will ruin the company's image since non of the workers wouldn't know what to do and then the company will have a downfall since they had no income.
Explanation:
sorry if I don't make sense
Based on the graph shown above, which of the following is the equallibrium quantity and price at which the compony should sell the truck
Answers
Based on the graph shown above, the following is the equilibrium quantity and price at which the company should sell the truck: option B. 300 trucks at $6 per truck
What is an equilibrium quantity and price?In economics, an equilibrium quantity and price refers to a state in which the quantity of a good or service that a seller is willing to supply is equal to the quantity that a buyer is willing to demand, and the price at which this transaction occurs is the equilibrium price. This is also known as market equilibrium.
At the equilibrium price, there is no surplus or shortage of the good or service, and the market is said to be in balance. If the price is higher than the equilibrium price, there will be a surplus of the good or service, and if the price is lower than the equilibrium price, there will be a shortage.
The equilibrium quantity and price are determined by the interaction of supply and demand in a market. When the supply and demand curves intersect, the equilibrium quantity and price are established.
Therefore, the correct answer is as given above
learn more about equilibrium quantity and price: https://brainly.com/question/22569960
#SPJ1
The complete question goes thus:
A toy company created a new truck to offer to consumers.
Based on the graph shown above, which of the following is the equilibrium quantity and price at which the company should sell the truck?
A. 200 trucks at $8 per truck
B. 300 trucks at $6 per truck
C. 400 trucks at $8 per truck
D. 200 trucks at $4 per truck
Who will most likely have the lowest credit score?
A. Ramon updates his credit report to include a name, Joachim, that he used before he moved.
B. Manuel gets a credit report from each credit bureau once a year.
C. Kimmy applies for credit cards three times a year.
D. Alexa contacts the credit bureau because there is an error on her
report
Answers
Kimmy has applied for the credit card three times assuming she has not been given prior to that that signifies that she has a low credit score. Thus, option C is correct
What is credit score?Credit score means that a person is assigned a score in numerical form that depends upon income, expense, credit and timely payments. Higher the number means good credit score and vice versa.
Credit score is deemed as low when a person comes under the range of 300-850. As Kimmy has applied for credit card three times, that means she falls under the low credit score range.
Kimmy does not have a credit card even after applying that means she has low credit score. Therefore, option C is the correct option.
Learn more about credit score here,
https://brainly.com/question/16012211
#SPJ5
Company Z understands that their business is at risk. How can they use step two in the
Decision Making Process to reach their end goal of increasing sales and customer satisfaction?
Answers
Company Z can use step two in the decision-making process to achieve its ultimate goal of increasing sales and customer satisfaction by gathering the relevant information about a decision.
Step two of the decision-making process corresponds to gathering relevant information after the decision has been identified. At this stage, internal and external work is necessary, analyzing the errors and successes related to a past decision.
Therefore, it is necessary for company Z to seek information from different sources, such as the results of previous decisions, studies, market research and consultancy, to ensure greater chances of a decision being effective.
Learn more about decision making here:
https://brainly.com/question/1249089