The stock's intrinsic value today is $14.79.
To calculate the intrinsic value of the stock, we need to determine the present value of the future dividends using the discount rate. In this case, the stock will start paying dividends in 5 years, and the dividend amount will be $3.60 per year indefinitely.
Using the formula for the present value of a perpetuity, the intrinsic value of the stock can be calculated as:
Intrinsic value = Dividend / Discount rate
In this case, the dividend is $3.60 per year, and the discount rate is 15.2%.
Intrinsic value = $3.60 / 0.152 = $23.68
However, since we are calculating the intrinsic value today, we need to discount the future value back to the present using the time factor.
Intrinsic value today = Intrinsic value / (1 + Discount rate)^n
In this case, n is the number of years until the dividends start, which is 5.
Intrinsic value today = $23.68 / (1 + 0.152)^5 = $14.79
Therefore, the intrinsic value of the stock today is $14.79.
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can i have one sentence on how you would describe your favorite icecream
Answer:
it is chocolatey and peanut buttery and tasty i like moose tracks.
Explanation:
Answer:
My favorite ice cream is minty, with chocolate chunks!
Explanation:
All of the following dates are needed to compute the total purchase price of a municipal bond traded in the secondary market that is quoted on a yield basis EXCEPT:________
a. dated date
b. maturity date
c. settlement date
d. interest payment date
Answer: dated date
Explanation:
The dates that are needed to compute the total purchase price of a municipal bond traded in the secondary market that is quoted on a yield basis are the maturity date, settlement date and the interest payment date.
It should be noted that the settlement date and interest payment date would be used to calculate the amount of accrued interest.
Therefore, the correct answer is dated date.
Determine the correct sequence of the following events from start to finish.
-The kitchen staff prepares the dishes.
-Fatima, the expediter,checks the order before the server picks them up.
-Lara then transmits the order to the kitchen
-Lara takes the order from the customer and notes down.
-Brian, the chef, estimates the time each dish will require for preparation
-Lara retrieves the order and delivers it to her customer
The correct sequence of the events from start to finish is:
-Lara takes the order from the customer and notes down.Lara then transmits the order to the kitchenBrian, the chef, estimates the time each dish will require for preparationThe kitchen staff prepares the dishes.Fatima, the expediter,checks the order before the server picks them up.Lara retrieves the order and delivers it to her customerWhat is the sequence of ordering food in a restaurant?The first thing that happens is that the waiter picks up the order from the customer and takes note of it. The order will then go to the kitchen where the chef will estimate how long the order will take to be prepared.
The expediter will then check the order when the meal is done but before the waiter picks it up. The waiter than delivers to the order.
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The theory of ________ states that the primary obligation of business leaders is to serve the interests of stockholders by maximizing profits.
The theory of Managerial capitalism states that the primary obligation of business leaders is to serve the interests of stockholders by maximizing profits.
What is Managerial capitalism?Managerial Capitalism is known to be a system that brought a new way or system of getting to know of the changing structure of a given economy via the introduction and behavior of a new class which are the managers.
Note that based on the above, The theory of Managerial capitalism states that the primary obligation of business leaders is to serve the interests of stockholders by maximizing profits.
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Managerial capitalism theory states that the primary obligation of business leaders is to serve the interests of stockholders by maximizing profits.
Managerial Capitalism introduces a new way of understanding the changing structure of the economy through the emergence and behavior of a new class that is, managers.
In the past years, managers tended to form compromises with workers. However, under neoliberalism, allegiances have shifted.
This therefore draws us to an understanding that, the theory of managerial capitalism states that the primary obligation of business leaders is to serve the interests of stockholders by maximizing profits.
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what is business?????????????
A business is defined as an organisation or enterprising entity engaged in commercial, industrial,or professional activities.
Determine the monthly payment of a loan for $3,000 at 7. 5% interest compounded monthly for 36 months. A. $93. 32 b. $95. 40 c. $211. 33 d. $253. 60.
The correct statement is that the monthly payment of a loan of $3000 will be $104.11. The calculations obtained are not relevant with the options of the statement quoted above.
The calculations can be done by applying the values to the formula of compounded interest and then further multiplying the values obtained with the number of monthly payments.
Calculation of Compounded Monthly Payments The formula to calculate compound interest is as below.\(\rm Compounded\ Annuity= 3000(1+ \dfrac{0.075}{12})^1^2\ ^x\ ^3\\\\\\\rm Compounded\ Annuity= 3000(1+ 0.00625)^3^6\\\\\\\rm Compounded\ Annuity= $3754.11\)The values obtained will now be derived into the following formula,\(\rm Compounded\ Payments = \dfrac{Annuity}{No.\ of\ Monthly\ Payments}\\\\\\\rm Compounded\ Payments = \dfrac{3754.11}{36}\)Continuing further, \(\rm Compounded\ Payments= \$104.11\)So, it is clear that the compounded monthly payments will be $104.11.
Hence, the monthly payment of loan for 36 months will be $104.11 which will be paid monthly at the rate of 7.5%.
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A $20 bill features which of the following on the reverse?
A. US Treasury
B. White House
C. US. Capital
D. Independence Hal
Answer:
B. White House
Explanation:
A portrait of the White house is the main feature visible at the reverse of a $20 bill. The bill has security features, but the White house Image is dominant. At the front, a portrait of the 7th US president Andrew Jackson is visible
Vertical analysis of balance sheet
Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follow:
Line Item Description Current Year Previous Year
Current assets $2,800,000 $1,840,000
Property, plant, and equipment 5,200,000 6,072,000
Intangible assets 2,000,000 1,288,000
Current liabilities 1,800,000 1,380,000
Long-term liabilities 3,600,000 3,680,000
Common stock 980,000 920,000
Retained earnings 3,620,000 3,220,000
Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders’ equity item as a percent of the total liabilities and stockholders’ equity. When required, round percentages to one decimal place.
The comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders’ equity item as a percent of the total liabilities and stockholders’ equity will be
Description Prior Year Current Year Prior Year (%) Current Year (%)
Cash 0.00% 0.00%
Investments 0.00% 0.00%
Inventories 0.00% 0.00%
Accounts receivable 0.00% 0.00%
Pre-paid expenses 0.00% 0.00%
TOTAL 1,840,000 2,500,000 20.00% 25.77%
Property 6,072,000 5,200,000 66.00% 53.61%
and equipment
Leasehold improvements 0.00% 0.00%
Equity and other investments 0.00% 0.00%
Less accumulated 0.00% 0.00%
depreciation (Negative Value)
Intangible Assets 1,288,000 2,000,000 14.00% 20.62%
Charity 0.00% 0.00%
total 9,200,000 9,700,000 100.00% 100.00%
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re: two men and a truck 'two men and a truck' was established to help raise extra cash to support brig and jon to go college. true or false?
Two men and a truck 'two men and a truck' was established to help raise extra cash to support Brig and Jon to go college - False.
The statement is not accurate. "Two Men and a Truck" is a moving company that was founded in the 1980s by Mary Ellen Sheets. The purpose of the company was to provide moving and relocation services to customers. It was not established specifically to raise extra cash to support individuals named Brig and Jon to go to college.
"Two Men and a Truck" was founded as a business venture by aiming to provide professional moving services to customers. Its primary goal was to offer reliable and efficient moving solutions rather than being established to support individuals named Brig and Jon financially for college.
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Suppose that a worker in Cornland can grow either 40 bushels of corn or 10 bushels of oats per year, and a worker in Oatland can grow either 5 bushels of corn or 50 bushels of oats per year. There are 20 workers in Cornland and 20 workers in Oatland. If the two countries do not trade, Cornland will produce and consume 400 bushels of corn and 100 bushels of oats, while Oatland will produce and consume 60 bushels of corn and 400 bushels of oats. If each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by
Answer:
see. I hope it's helpful for you lolExplanation:
i need friend lol can you my friendAl is participating in a research study on his smartphone. This is an example of _______ marketing research.
Answer: The answer is mobile hope this helps have a great day
Explanation:
AI is engaging in the research study through his smartphone is a considered to be an example of mobile marketing research.
What is meant by marketing?Marketing is the process of engaging in promoting the manufactured goods or services in front of the customers which induces them to buy it.
When the research relating to marketing is done through usage of smartphones, then that kind of research is called as mobile marketing. It involves the usage of content by using the functions of smartphones.
Therefore, the provided research done by AI is regarded as the mobile marketing research.
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As an Aerospace Engineer, Zack would most likely be employed through
A. the government.
B. a manufacturing company.
C. an energy company.
D. self-employment.
Answer:
B - a manufacturing company.
Explanation:
took the test
Zack would most likely be employed by the government as an aerospace engineer.
As an Aerospace Engineer, Zack would most likely be employed through ?While selecting suppliers and products, purchasing agents and buyers take into account pricing, quality, availability, dependability, and technical support.
strong analytical, problem-solving, and quantitative skills. technical knowledge, especially aptitude for computer-aided design. inventiveness and innovation. focus on the details.
During landing, you can create high drag to enable a steeper angle without increasing your air speed. The landing role's length might be cut down. Also utilised to increase drag, flaps are retracted when not in use. It is recommended to lower the flaps when taking off.
Because the workplace is interdisciplinary, it is crucial to comprehend how aeronautical engineering relates to other engineering fields. In light of Language proficiency is helpful, there are many international collaborations, and the capacity to collaborate effectively with others is essential. Moreover, aerospace and aeronautical engineers need:
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marilynn castillo is a marketing manager at gordon corp. she debates whether or not to conduct a marketing research study before commercializing a product. after a brief analysis, she realizes that conducting the study will cost approximately $100,000. if she launches the product without conducting the study and the product fails, her firm could suffer a loss of $2 million. in this scenario, the study is a(n) .
"Marilynn Castillo is a marketing manager at Gordon Corp. She debates whether or not to conduct a marketing research study before commercializing a product. After a brief analysis, she realizes that conducting the study will cost approximately $100,000. If she launches the product without conducting the study and the product fails, her firm could suffer a loss of $2 million. In this scenario, Marilynn conducts a cost-benefit assessment." Option B is correct.
Marilynn Castillo is conducting a cost-benefit assessment by weighing the costs of conducting a marketing research study ($100,000) against the potential losses if the product fails ($2 million).
To calculate the potential loss, Marilynn needs to estimate the probability of failure. Let's say she estimates a 20% chance of failure. The expected cost of failure is then the probability of failure multiplied by the potential loss: 0.2 x $2 million = $400,000.
Comparing the expected cost of failure to the cost of conducting the study, Marilynn can see that the potential savings from conducting the study are much greater than the cost of the study. Therefore, it would be wise to conduct the marketing research study before launching the product.
Overall, Marilynn is using cost-benefit analysis to make an informed decision based on the potential costs and benefits of conducting a marketing research study before commercializing a product.
Thus, Option B is correct.
The complete question:
Marilynn Castillo is a marketing manager at Gordon Corp. She debates whether or not to conduct a marketing research study before commercializing a product. After a brief analysis, she realizes that conducting the study will cost approximately $100,000. If she launches the product without conducting the study and the product fails, her firm could suffer a loss of $2 million. In this scenario, Marilynn conducts a(n) _____.
A. assessment on time availabilityB. cost-benefit assessmentC. assessment on research designsD. assessment on information availabilityE. market-sensitivity assessmentLearn more about marketing research https://brainly.com/question/24906199
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Finding a place to live in Mumbai, India, has been getting harder these days for people who are not vegetarians. Vegetarianism is a centuries-old custom among the Indian population, but the requirement is becoming more obvious as non-vegs are being segregated from vegs. This is important consumer information to a McDonald's franchisee and reflects how __________ shapes consumer behavior.
Answer:
Geographic segmentation
Explanation:
Geographic segmentation can be defined as the way in which the customers you serve in a particular area has different preferences or desire based on where they are located and Its also involves the grouping of potential customers by either country, state, city or neighborhood.
Geographic segmentation is a marketing reason been that GEOGRAPHIC SEGMENTATION target products to people who live or shop in a specific location and also help to group these customers based on where they live.
For example a Shoe manufacturing company who decide to target their customers who live in warm climates where shoes don't need to be equipped for the snowy weather in which the marketing platform might decide to focus their marketing efforts around either the urban area or the city centers where their target customer is likely to work.
Therefore based on the information given This is important consumer information to a McDonald's franchisee and reflects how GEOGRAPHIC SEGMENTATION shapes consumer behavior.
he population of Alpha totals one million people, 40 percent of whom are employed. Average output per worker in Alpha is $20,000. Real GDP per person in Alpha totals:
Select one:
a. $8,000.
b. $12,000.
c. $20,000.
d. $50,000.
The real GDP per person in Alpha is $8,000. So, the correct answer is option a. $8,000.
The real GDP per person in Alpha can be calculated by dividing the total real GDP by the population. To find the total real GDP, we multiply the number of employed workers by the average output per worker.
Number of employed workers = 40% of 1 million = 0.4 * 1,000,000 = 400,000
Average output per worker = $20,000
Total real GDP = Number of employed workers * Average output per worker
Total real GDP = 400,000 * $20,000 = $8,000,000,000
Real GDP per person = Total real GDP / Population
Real GDP per person = $8,000,000,000 / 1,000,000 = $8,000
The real GDP per person in Alpha is calculated by dividing the total real GDP by the population. Given that the total real GDP is $8 billion and the population is 1 million, the real GDP per person in Alpha is $8,000.
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Which of the following considerations generally goes into determining employee compensation?
A. Employee's financial needs
B. Average industry compensation
C. Compensation in other countries
D. Compensation in other industries
The factor that goes in determining employee compensation is Compensation in other industries. Oprtion D
What is meant by employee compensation?The total remuneration, whether in cash or in kind, that an organization pays an employee in exchange for labor performed by the latter during the accounting period is referred to as employee compensation.
The total remuneration, in cash or in kind, that an employer pays to an employee in exchange for labor performed by the latter during an accounting period is known as compensation of employees (D.1) in national accounts.
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Objectives are needed in every area where performance and results affect the survival and prosperity of business. Explain any three objectives of business.
Answer:
The major objectives of a business include the following:
1. Profit
2. Growth
3. Stability
4. Efficiency
5. Survival
Explanation:
1. Profit: this is practically the number one objective of any business, to maximize profit as much as it can. In order words, not just to get back the investment capital, but to earn profit as well.
2. Growth: this involves growing bigger or having an expansion in the number of sales and markets generally. As a customer of a business increases, this is often lead to business growth and more money
3. Stability: to have the stability of operation, without occasional or unnecessary break down in mode of operation or production. This will help to keep the business moving.
Craig was scheduled to attend a meeting about a new project, but the flu kept him at home. What can Craig do to catch up on the outcome of the meeting once he has recovered?
Answer:
Read the minutes from the meeting
Explanation:
At every formal meeting, there someone assigned to take minutes of the proceedings. The minutes detail the discussion and resolutions made at the meeting.
Once Craig has recovered, he should make efforts to get a copy of the minutes. By reading the minutes, Craig will be up to speed with the outcome of the meetings.
leases with a term of one year or more are required to be in writing according to the california statute of .
Leases with a term of one year are to be in writing according to the California statute of frauds.
A verbal agreement may be used to construct a lease with a term of no more than one year. All leases, including those with monthly periods, should be reduced to writing for clarity and to lower the likelihood of controversy both during the lease term and after the tenant has surrendered the premises. According to California's Statute of Frauds, a lease must be in writing.
It has to be in writing if it has a term of more than one year or one that expires more than one year after the agreement is made. A lease with a term of ten months that starts three months after an agreement is reached is an illustration of a lease that must be in writing if it is less than a year long.
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Is a key management function because the success of the other functions depends on it.
Planning corresponds to a key management function, because from its effective implementation, other organizational functions can be successful.
What is organizational planning?Corresponds to the process of structuring activities to achieve organizational goals and objectives. It is based on a prediction of how a company will use its resources to be well positioned in the market.
Therefore, the strategy planning is a key management function, through it there is the direction of the necessary actions for a company to provide value to the potential public and to be competitive.
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Which of the following is an example of a company that primarily provides a service
Answer:
Explanation:
chain retailers' distributors, selling to organizations.
If you have a favorable sales volume variance, what must be true?.
Answer:
higher actual revenue than the standard revenue
Explanation:
Dynamo Manufacturing paid cash to acquire the assets of an existing company. Among the assets acquired were the following items.
Patent with 4 remaining years of legal life $33,800
Goodwill 43,500
Dynamo’s financial condition just prior to the acquisition of these assets is shown in the following statements model.
Balance Sheet Income Statement Assets = Liabilities + Stockholders’ Equity Revenue − Expenses = Net Income Statement of Cash Flows
Cash + Patent + Goodwill
95,900 + NA + NA = NA + 95,900 NA − NA = NA NA
Required
Compute the annual amortization expense for these items.
Show the acquisition of the intangible assets and the related amortization expense for Year 1 in a horizontal statements model.
Prepare the journal entries to record the acquisition of the intangible assets and the related amortization for year 1.
Annual Amortization Expense: Patent: $33,800 / 4 years = $8,450 and Goodwill: $43,500 / 40 years = $1,088.
What is Expense?Expense is the cost incurred in the process of producing or obtaining goods or services. It is an outflow of money from an individual or business to another individual or business. Expenses can include items such as payroll, rent, raw materials, utilities, insurance, marketing, and taxes. Businesses typically track their expenses to better understand where their money is going and to ensure that they are making a profit.
Horizontal Statements Model:
Balance Sheet Income Statement Assets = Liabilities + Stockholders’ Equity Revenue − Expenses = Net Income Statement of Cash Flows
Cash + Patent + Goodwill
95,900 + 33,800 + 43,500 = NA + 95,900 NA − 8,450 (amortization) = 87,450 NA
Journal Entries:
Debit Credit
Cash 95,900
Patent 33,800
Goodwill 43,500
Debit Credit
Amortization Expense 8,450
Accumulated Amortization 8,450
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Why is creating an entrepreneurial team a good idea?
Which of the following is the most likely reason for the passage of the Taft-Hartley Act?
A) high unemployment rates
B) significant economic boom
C) major shifts in the workforce
D) numerous union strikes
The most likely reason for the passage of the Taft-Hartley Act is numerous union strikes. The Taft-Hartley Act was a response to the increasing number of union strikes and labor disputes that took place after World War II.
During this period, labor unions gained significant power and influence, leading to a surge in strikes that disrupted the economy and affected various industries.
These strikes caused concern among business owners, lawmakers, and the public, who felt that the labor movement was becoming too powerful and needed to be regulated.
In order to address these concerns, the Taft-Hartley Act was passed by Congress, which aimed to balance the power between unions and employers.
The Act introduced several restrictions on union activities, including limitations on strikes and boycotts. The requirement for unions to give advance notice of any strike action, and the establishment of right-to-work provisions.
Additionally, the Act required union leaders to sign affidavits disavowing any ties to the Communist Party, reflecting the growing concerns about communism during that time.
Overall, the Taft-Hartley Act was a response to the numerous union strikes and labor unrest that occurred after World War II, and its primary purpose was to regulate the labor movement and restore a sense of balance between the interests of workers and employers.
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In a perpetual system, the entry to record a purchase of merchandise on account includes a _____. (Check all that apply.)
a. credit to Inventory
b. debit to Accounts Payable
c. credit to Accounts Payable
d. debit to Accounts Receivable
e. debit to Inventory
f. credit to Accounts Receivable
In a perpetual system, the entry to record a purchase of merchandise on account includes a credit to Accounts Payable, debit to inventory.
What is accounts?The process of gathering, accumulating, and reporting information on business organization and financial written evidence. Also, this system's guidelines and practices. As a first-year student, I studied explanation work done in accounting or by accountants.
As credit to Accounts Payable - when the establishment is released from its legal obligation to pay the financial obligation. Accounts payable are a type of susceptibility, meaning they are a debt your company owes.
As debit to Inventory - The costs of the goods that were traded are credited to merchandise and are debited to the financial gain statement account, Cost of Advantages Sold.
Therefore, The right option (C and E) is correct.
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Robert wants to start an independent recording studio. In order to finance his start-up, Robert seeks help from Esther, a successful business magnate. Esther agrees to fund Robert's venture as long as she receives a 20% share of the profits made by Robert. In the given scenario, Robert receives the financial resources to start his business:
Answer:
from an angel investor
Explanation:
Based on this information it can be said that Robert receives the financial resources to start his business from an angel investor. An angel investor is an individual that has a large amount of money and decides to provide financial backing to a specific small startup business or entrepreneur in order for them to get their vision up and running, in exchange for a percentage of the company. In this specific scenario the Angel Investor was Esther, who supplied Robert with the resources necessary in exchange for a 20% cut of the business.
Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 2 were $100,000, $125,000, and $150,000, respectively. The records further indicate that direct materials, direct labor, and applied factory overhead for Department 3 were $50,000, $60,000, and $70,000, respectively. In addition, work in process at the beginning of the period for Department 3 totaled $75,000, and work in process at the end of the period totaled $60,000. The journal entry to record the flow of costs into Department 3 during the period for direct materials is:_________.
A. Work in Process--Department 3 100,000
Materials 100,000
B. Work in Process--Department 3 125,000
Materials 125,000
C. Work in Process--Department 3 50,000
Materials 50,000
D. Work in Process--Department 3 70,000
Materials 70,000
Answer:
C.
Work In Process $50,000 (debit)
Raw Materials $50,000 (credit)
Explanation:
Department Costs
Dep 2 : $100,000 + $125,000 + $150,000 = $375,000
Dep 3 : $375,000 + $50,000 + $60,000 + $70,000 + $75,000 - $60,000 = $570,000
Direct Materials Flow Entry :
Work In Process $50,000 (debit)
Raw Materials $50,000 (credit)
Flows in department 3 must include, $375,000 costs from department 2, direct materials : $50,000 , direct labor: $60,000, and applied factory overhead; $70,000 for Department 3.
What is the name of the document that comes with your paycheck and
shows you what you were paid and how much was taken for taxes?
A Paystub.
B
Payline.
Pay Report
D
Pay Sheet
Just please
Answer:
A Paystub.
Explanation:
Paystub or payslip is the document that shows the amount that an employee earned in a particular month and the deductions made. Therefore, a paystub indicates the total earning or gross pay, the total deductions, and the net pay.
The paystub shows each earning and deduction on its line. In other words, the paystub show itemized details of all earnings and deductions.
An adjusting entry to record an accrued expense involves a debit to a(an):____.
a. expense account and a credit to Cash.
b. expense account and a credit to a prepaid account.
c. liability account and a credit to an expense account.
d. expense account and a credit to a liability account.
An adjusting entry to record an accrued expense involves a debit to a(an): c . liability account and a credit to an expense account.
What is accrued expense?Accrued expense can be defined as the expense amount that has not been paid for which is why accrued expense is refer to as a liability under account payable.
The appropriate adjusting journal entry to record accrued expense is:
Debit Liability account
Credit Expense
(To record accrued expense)
Inconclusion an adjusting entry to record an accrued expense involves a debit to a(an): c . liability account and a credit to an expense account.
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