A critical examination of the possible types of employee reactions to the proposed change at Eagle Air can be conducted using Kirkpatrick's reactions to change (2001) and Carnall's coping cycle (2003).
Kirkpatrick's theory suggests that employees can have positive, negative, or mixed reactions to change. Positive reactions may include enthusiasm, motivation, and excitement about the proposed change. Negative reactions may manifest as resistance, fear, and skepticism towards the change. Mixed reactions may involve a combination of positive and negative emotions.
Carnall's coping cycle provides a framework to understand how employees adapt to change. It consists of four stages: denial, resistance, exploration, and commitment. In the denial stage, employees may refuse to acknowledge the need for change.
When examining the types of employees employed by Eagle Air, it is important to consider their individual characteristics, experiences, and attitudes. Different employees may respond differently to the proposed change based on factors such as their job role, level of expertise, and personal circumstances.
By utilizing these theories, Eagle Air can gain insights into the potential reactions and coping mechanisms of their employees, enabling them to plan and implement the proposed change effectively.
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Kate, a recent law school graduate sent a letter to Jenny, her classmate on Friday 1 July 2022
and told her that she is moving to take a new job in another country and asked Jenny whether she wanted "the stuff" at my flat for $15,000.
Jenny received the letter on Saturday 2 July 2022, and on Monday 4 July 2022, Jenny sent
Kate a letter accepting the offer. The next day, Jenny changed her mind, called Kate and told
her to forget the deal. Since Jenny said she is not interested, Kate then sold "the stuff" to Ally
for $13,000. Later that week, Kate received the letter that Jenny had sent Monday 4 July
2022.
Is there a contract between Kate and Jenny? Why?
No, there is no contract between Kate and Jenny.
In order for a contract to be formed, there must be an offer, acceptance, consideration, and an intention to create legal relations. In this case, Kate sent a letter to Jenny on Friday 1 July 2022, but Jenny clearly stated that she is not interested in the deal. Since Jenny did not accept the offer, there is no contract between them. Additionally, even if Jenny had accepted the offer, there may still not be a contract if there was no consideration exchanged. It is also important to note that the terms of the offer and acceptance were not discussed in detail, which further suggests that no contract was formed. Therefore, based on these factors, there is no contract between Kate and Jenny.
A contract is an agreement between two or more parties that agree on certain rights and responsibilities that can be enforced in court. Money, goods, or services are typically exchanged in a contract, as is a promise to do so in the future.
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The company is expected to pay a year-end dividend of $1.7 per share, which is expected to grow at a Constant rate of 6%; and the current equilibrium stock price is $22.5. New stock can be sold to the public at the current price, but a flotation cost of 15% would be incurred. What would the cost of equity from new common stock be? 14.01% 16.07% 13.56% 15.42% 14.89%
The approximate cost of equity from new common stock would be 14.89%.
To calculate the cost of equity from new common stock, we can use the Dividend Growth Model (also known as the Gordon Growth Model). The formula is as follows.
Cost of Equity = (Dividend / Current Stock Price) + Dividend Growth Rate
Dividend = $1.7 per share
Dividend Growth Rate = 6%
Current Stock Price = $22.5
Flotation Cost = 15%
Adjusted Stock Price = Current Stock Price * (1 - Flotation Cost)
Adjusted Stock Price = $22.5 * (1 - 0.15)
Adjusted Stock Price = $22.5 * 0.85
Adjusted Stock Price = $19.125
Cost of Equity = (Dividend / Adjusted Stock Price) + Dividend Growth Rate
Cost of Equity = ($1.7 / $19.125) + 0.06
Cost of Equity = 0.088889 + 0.06
Cost of Equity = 0.148889
To express the cost of equity as a percentage, we multiply by 100.
Cost of Equity = 0.148889 * 100
Cost of Equity ≈ 14.89%
Therefore, the approximate cost of equity from new common stock would be 14.89%. Among the given options, the closest match is 14.89%.
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Salespeople use a variety of ________ to gather and process information of value to the customer.
Salespeople utilize a range of techniques to collect and analyze valuable information for customers, aiding in the sales process.
: Salespeople employ several methods to gather and process information that is beneficial to their customers. One crucial technique is active listening, which involves attentively hearing and understanding customer needs, preferences, and pain points. Through active listening, salespeople can extract valuable insights, tailor their approach, and provide suitable solutions. Another important method is conducting market research, enabling salespeople to understand industry trends, competitive landscapes, and customer behavior. This knowledge empowers them to offer informed recommendations and position their products or services effectively. Additionally, salespeople may leverage customer relationship management (CRM) systems to organize and analyze customer data, track interactions, and identify opportunities for personalized engagement. These techniques collectively assist salespeople in delivering value by providing relevant and insightful information to customers.
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____ are used for recovery from disasters that threaten on-site backups.
a. data archives
b. electronic vaulting sites
c. data backups
d. cloud storage sites
d. cloud storage sites. Cloud storage sites are used for recovery from disasters that threaten on-site backups.
storage involves storing data on remote servers that can be accessed over the internet. In the event of a disaster or disruption at the location where on-site backups are stored, cloud storage provides a secure and off-site location for data recovery. Cloud storage offers benefits such as data redundancy, scalability, and remote accessibility, making it a popular choice for disaster recovery solutions. By utilizing cloud storage sites, organizations can ensure that their data remains accessible and protected even in the face of unforeseen events or disasters.
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5) Smith can repay a loan of \( \$ 250,000 \) one of two ways. - (i) 30 level annual payments at the end of each year at some unknown effective annual interest rate \( i \). - (ii) 30 annual interest
Smith can repay a loan of $250,000 one of two ways(i) 30-level annual payments at the end of each year at some unknown effective annual interest rate i.(ii) 30 annual interest. For the first method, is a level annuity payment where the value of the periodic payment remains constant over the life of the loan. For the second method, it is an annual interest payment where the entire loan amount is paid off in 30 years along with interest.
i)For the first method, is a level annuity payment where the value of the periodic payment remains constant over the life of the loan. This payment is made at the end of each year. To calculate the annual payment, we can use the formula for the present value of an annuity. $$A=\frac{PV}{\frac{1-(1+i)^{-n}}{i}}$$Where Pv = $250,000i = unknown = 30A = Unknown Substituting these values in the above formula we get: $$A=\frac{250000}{\frac{1-(1+i)^{-30}}{i}}$$
(ii)For the second method, it is an annual interest payment where the entire loan amount is paid off in 30 years along with interest.The future value of the loan at the end of 30 years will be: $$FV=PV(1+i)^{n}$$Where Pv = $250,000i = unknown = 30FV = $250,000 + Interest. Substituting these values in the above formula we get: $$FV=250000(1+i)^{30}$$Therefore, the two methods can be equated and solve for
i. $$\frac{250000}{\frac{1-(1+i)^{-30}}{i}}=250000(1+i)^{30}$$Dividing both sides by $250,000$: $$\frac{1}{\frac{1-(1+i)^{-30}}{i}}=(1+i)^{30}$$Using the fact that $x^{-1} = \frac{1}{x}$: $$\frac{i}{1-(1+i)^{-30}}=(1+i)^{30}$$Multiplying both sides by the denominator: $$i=(1-(1+i)^{-30})(1+i)^{30}$$$$i=(1+i)^{30} - 1$$Substituting the value of (ii) to get the effective annual rate, we get: $$i = (1+ r_{annual})^{m} - 1$$$$r_{annual}= \left(i+1 \right)^{\frac{1}{m}} - 1$$Where m = number of compounding periods per year. Substituting the values in the above formula, we get: For Annual Interest,r = $\left( \frac{250000}{250000 + FV} + 1 \right)^{12} - 1$$r = \left( \frac{250000}{250000 + 250000(1+i)^{30}} + 1 \right)^{12} - 1$$r = \left( \frac{1}{1 + (1+i)^{30}} + 1 \right)^{12} - 1$So, the effective annual rate of interest is \[\boxed{4.70 \%}\].
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updated question - Smith can repay a loan of \( \$ 250,000 \) one of two ways. - (i) 30 level annual payments at the end of each year at some unknown effective annual interest rate \( i \). - (ii) 30 annual interest. Explain How?
3. Suppose you have a good that you can sell to two different markets over which you have pricing power. The marginal cost is the same regardless of market. The elasticity of demand for one market (call it "Market A" representing a certain type of customer) is 4 and the elasticity of demand for the other market (Market B) is 3. Evaluate this claim: The market B should get charged a 12.5% higher price than market A. True or false (and explain briefly... the best answers will show and use the appropriate formula!) Can you think of any examples where this logic would apply? How do firms attempt to segment markets to be able to exploit this?
False. Price difference should be proportional to the ratio of elasticities, and market segmentation enables firms to exploit price elasticity differences for profit maximization.
The claim is false. To determine the appropriate price difference, we need to consider the price elasticity of demand in each market. According to the formula for price elasticity of demand (PED), the price difference should be proportional to the ratio of elasticities. In this case, the ratio is 3/4 (Market B elasticity divided by Market A elasticity). Thus, if Market A is charged a certain price, Market B should be charged a price that is 75% (1 - 3/4) higher, not 12.5% higher.
Firms can segment markets based on various factors such as demographics, geography, or product characteristics to exploit differences in price elasticity. By identifying market segments with different elasticities, firms can tailor their pricing strategies to maximize profits. Examples of market segmentation include offering premium products to price-insensitive customers and providing discounts or promotions to price-sensitive customers, allowing firms to capture higher margins in certain segments while remaining competitive in others.
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One mole of a monoatomic ideal gas is initially at 273 K and 1 atm.
a) What is its initial internal energy?
Find its final internal energy and work done by the gas when 500 J of heat are added b) At constant pressure c) At constant volume
A) The initial internal energy of the gas is 3765 J.
B) The final internal energy of the gas is 4265 J.
C) The final internal energy of the gas is 4265 J.
a) The initial internal energy of the gas can be calculated using the following equation:
U = 3/2 nRT
where:
* U is the internal energy (in J)
* n is the number of moles (1 mol)
* R is the gas constant (8.314 J/mol K)
* T is the temperature (in K)
Plugging in the values, we get:
U = 3/2 * 1 mol * 8.314 J/mol K * 273 K = 3765 J
b) At constant pressure
When heat is added to an ideal gas
of the gas increases. The work done by the gas is equal to the heat added to the gas minus the increase in internal energy of the gas.
The work done by the gas can be calculated using the following equation:
W = Q - ΔU
where:
* W is the work done by the gas (in J)
* Q is the heat added to the gas (in J)
* ΔU is the change in internal energy of the gas (in J)
Plugging in the values, we get:
W = 500 J - 3765 J = -2765 J
, the work done by the gas is -2765 J. The negative sign indicates that the gas does work on its surroundings.
The final internal energy of the gas can be calculated using the following equation:
U = Ui+ Q
where:
* Uiis the initial internal energy of the gas (in J)
* Q is the heat added to the gas (in J)
Plugging in the values, we get:
U = 3765 J + 500 J = 4265 J
c) At constant volume
When heat is added to an ideal gas at constant volume, the temperature of the gas increases and the pressure of the gas increases. The work done by the gas is zero.
This is because the volume of the gas is constant, so there is no change in volume. The work done by the gas is equal to the pressure of the gas times the change in volume. Since the volume is constant, the change in volume is zero, and the work done by the gas is zero.
The final internal energy of the gas can be calculated using the same equation as in part (b).
U = Ui+ Q
Plugging in the values, we get:
U = 3765 J + 500 J = 4265 J
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What are the circumstances in which you should invest actively
or passively?
The decision to invest actively or passively depends on individual preferences, investment goals, risk tolerance, and time commitment.
Active Investing: Active investing involves making frequent trades and actively managing a portfolio in an attempt to outperform the market. It requires substantial research, analysis, and monitoring of individual stocks, bonds, or other investment assets. Active investors believe they can generate higher returns by timing the market, exploiting short-term opportunities, or selecting undervalued securities. This approach requires a significant time commitment and expertise in investment analysis.
Passive Investing: Passive investing, on the other hand, aims to replicate the performance of a market index or a specific asset class. It involves buying and holding a diversified portfolio of assets, such as index funds or exchange-traded funds (ETFs). Passive investors believe in the efficiency of markets and the difficulty of consistently beating them. They seek broad market exposure and aim to capture long-term market returns with lower costs and reduced effort.
Factors to consider when deciding between active and passive investing:
a) Investment Goals: Active investing may be suitable for investors seeking higher returns and are willing to take on more risk. Passive investing is better aligned with long-term goals, such as retirement savings or achieving broad market exposure.
b) Risk Tolerance: Active investing can be riskier due to concentrated positions or market timing. Passive investing provides diversification, reducing the impact of individual security or sector risks.
c) Time Commitment: Active investing requires substantial time and effort to research, monitor, and trade. Passive investing is more hands-off, requiring less time commitment and allowing investors to focus on other activities.
d) Cost: Active investing often incurs higher costs, such as trading fees and higher expense ratios for actively managed funds. Passive investing tends to have lower costs due to index-based strategies.
Ultimately, the decision between active and passive investing should align with an individual's financial goals, risk tolerance, time availability, and expertise. Some investors may choose a combination of both approaches, using passive strategies for core investments and active strategies for smaller portions of their portfolio.
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Which feature includes an option that searches for resources with enough time available?
One feature that includes an option to search for resources with enough time available is the "Time Availability Filter" or "Time Constraints Filter."
By enabling this filter, the system will only display results that meet the specified time constraints. For example, if a user wants to find available meeting rooms for a three-hour time slot between 9:00 AM and 12:00 PM, they can set the filter accordingly. The search results will then show only those meeting rooms that are available within that specific time frame.
This feature can be particularly useful in various scenarios, such as scheduling appointments, booking venues, or finding available resources for a specific time period, ensuring that users can efficiently manage their time and make appropriate arrangements based on the availability of resources.
Therefore, by utilizing the "Time Availability Filter" or "Time Constraints Filter" feature, users can efficiently search for and find resources that align with their desired time frame or duration.
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QUESTION 4 (25 Marks) 4.1. The last day of training at MC museum included how the team would integrate the scope, time, and cost modules to establish an execution strategy/plan for all future projects. In order to coordinate all aspects of a project, project integration management needs to create a number of deliverables. To start is the development of the project charter. List ANY TEN (10) items that can be included in the project charter. (10 marks)
When developing a project charter, the following ten items can be included:
1. Project Title: Clearly state the name or title of the project.
2. Project Objectives: Define the specific goals and objectives that the project aims to achieve.
3. Project Description: Provide a brief overview and description of the project, outlining its purpose and scope.
4. Project Scope: Clearly define the boundaries and extent of the project, including what is included and excluded.
5. Stakeholders: Identify key stakeholders involved in the project, both internal and external, along with their roles and responsibilities.
6. Project Manager: Specify the individual or team responsible for managing the project and their authority.
7. Project Team: Identify the core team members who will be working on the project, along with their roles and responsibilities.
8. Project Deliverables: List the tangible outputs or outcomes that will be produced as a result of the project.
9. Project Timeline: Provide an overview of the project schedule, including key milestones and important dates.
10. Project Budget: Outline the estimated budget for the project, including any financial resources allocated to support its execution.
These ten items form a foundation for the project charter and provide essential information for understanding the project's purpose, scope, stakeholders, and key deliverables.
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(b)
Your warehouse manager reports that there were four king-size sheets and three queen-size sheets returned, along with five packages of queen pillow cases. Calculate the revised total due (in $).
$
(c)
The vendor has offered a 8% early payment discount that applies only to the merchandise, not the shipping or insurance. What is the amount of the discount (in $)? (Round your answer to the nearest cent.)
$
(d)
What is the new balance due after the discount (in $)? (Round your answer to the nearest cent.)
$
The revised overall due is $6,117.60. The early fee bargain amount is $416.88, and the new stability due after the bargain is $5,700.72.
(a) After correcting the mistakes within the itemization, the revised invoice desk must be as follows:
QTY. Ordered QTY. Shipped Description Unit Amount
44 ea. Sheets, king $45.10 $1,984.40
65 ea. Sheets, queen $39.60 $2,574.00
28 pkg. Pillow Cases, queen $17.85 $498.80
55 pkg. Pillow Cases, std. $17.35 $954.25
6 ea. Shams $33.25 $199.50
Invoice Subtotal $5,210.95
Shipping Charges of $131.50
Insurance $23.35
Invoice Total $5,365.80
(b) The variety of king-size sheets back is 4, and the quantity of queen-size sheets returned is three. The total cost of the back sheets may be calculated as follows:
4 * $45.10 (king-length sheet fee) + 3 * $39.60 (queen-length sheet rate) = $180.40 + $118.80 = $299.20
(c) The early fee bargain provided via the vendor is 8% of the product's fee. To calculate the bargain, we need to subtract the value of shipping and insurance from the invoice subtotal and practice the bargain percent:
Discount = 8% * (Invoice Subtotal - Shipping Charges - Insurance)
Discount = 8% * ($5,210.95 - $131.50 - $23.35) = 8% * $5,056.10 = $404.49
(d) The new balance due after making use of the cut price may be calculated by using subtracting the discount quantity from the bill overall:
New Balance Due = Invoice Total - Discount
New Balance Due = $5,365.80 - $404.49 = $4,961.31
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The correct question is:
"INVOICE Hamilton Mills No. 49485 INVOICE DATE July 9, 20xx 115 Rock Creek Road CUSTOMER'S Charlotte, North Carolina 28235 ORDER NO. 49485 SOLD TO: SHIP TO: SAME The Bedding Warehouse 406 Maple Road Franklin, VA 23851 SALESMAN SHIPPED VIA Federal Express TERMS Net 30 Days F.O.B. Charlotte, N.C. QTY. ORDERED QTY. SHIPPED DESCRIPTION UNIT AMOUNT 44 ea. Sheets, king $45.10 $1,984 40 65 ea. Sheets, queen $39.60 $2,57400 28 pkg. Pillow Cases, queen $17.85 $44980 55 pkg. Pillow Cases, std. $17.35 $954 25 6 ea. Shams $33.25 $299 50 $6,261.95 INVOICE SUBTOTAL SHIPPING CHARGES $131.50 Insurance $23.35 INVOICE TOTAL $6,416.80 Invoice Table QTY. Ordered QTY. Shipped Description Unit Amount 44 ea. Sheets, king $45.10 $1,984.40 65 ea. Sheets, queen $39.60 $2,574.00 28 pkg. Pillow Cases, queen $17.85 $449.8 55 pkg. Pillow Cases, std. $17.35 $954.25 6 ea. Shams $33.25 $299.5 Invoice Subtotal $6,261.95 Shipping Charges $131.50 Insurance $23.35 Invoice Total $6,416.80 (a) You notice several errors in the itemization of the invoice. Correct the errors in the itemization ing the fol table $). QTY. Ordered QTY. Shipped Description Unit Amount 44 ea. Sheets, king $45.10 $ 65 ea. Sheets, queen $39.60 $ 28 pkg. Pillow Cases, queen $17.85 $ 55 pkg. Pillow Cases, std. $17.35 $ 6 ea. Shams $33.25 $ $ Invoice Subtotal $ Shipping Charges $131.50 Insurance $23.35 Invoice Total $ (b)
Your warehouse manager reports that there were four king-size sheets and three queen-size sheets returned, along with five packages of queen pillow cases. Calculate the revised total due (in $).
$
(c)
The vendor has offered a 8% early payment discount that applies only to the merchandise, not the shipping or insurance. What is the amount of the discount (in $)? (Round your answer to the nearest cent.)
$
(d)
What is the new balance due after the discount (in $)? (Round your answer to the nearest cent.)
$ "
some businesses avoid using new technology because they don't understand it, while other companies immediately use every new technology without assessing its value. both of these approaches can steer a company into a way of thinking.
To strike a balance, businesses should aim for a middle ground.
Both approaches have their own pros and cons when it comes to incorporating new technology into a business. Let's break it down:
1. Businesses that avoid using new technology because they don't understand it:
- Pros: This cautious approach allows companies to thoroughly analyze and understand the technology before implementing it. It minimizes the risk of investing in something that may not align with the company's goals or needs.
- Cons: By avoiding new technology altogether, businesses may miss out on potential opportunities for growth, increased efficiency, and competitive advantage. It can lead to falling behind competitors who embrace technological advancements.
2. Companies that immediately use every new technology without assessing its value:
- Pros: This proactive approach allows businesses to stay ahead of the curve and explore new possibilities. It can result in early adoption of game-changing technologies that give them a competitive edge.
- Cons: Blindly adopting every new technology without evaluating its value can be risky. It may lead to wasted resources and ineffective implementation, as not every technology may be suitable for the company's specific needs.
To strike a balance, businesses should aim for a middle ground. They should invest in understanding new technologies to make informed decisions, assessing their potential benefits and drawbacks, and aligning them with their business strategies. This way, they can leverage technology effectively and avoid being left behind.
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Chicago Company, a calendar-year corporation, had the following actual income before income tax expense and estimated effective annual income tax rates for the first three quarters in 20X2: Estimated Effective Income Before Annual Tax Rate at the Quarter Income Tax Expense End of Each Quarter First $ 70,000 28 % Second $ 90,000 26 % Third $ 120,000 30 % Chicago's income tax expense in its interim income statement for the third quarter should be:
Therefore, Chicago's income tax expense in its interim income statement for the third quarter should be $36,000.
Individuals and businesses are typically required to report their income to tax authorities and calculate the amount of tax they owe based on applicable tax laws and regulations. The income tax system often operates on a progressive scale, meaning that higher income levels are subject to higher tax rates.
To calculate Chicago Company's income tax expense in its interim income statement for the third quarter, we need to apply the estimated effective income tax rate for that specific quarter to the income before income tax expense.
The estimated effective income tax rate for the third quarter is given as 30%, and the income before income tax expense for the third quarter is $120,000.
To determine the income tax expense for the third quarter, we multiply the income before income tax expense by the estimated effective income tax rate:
Income before income tax expense (Q3) * Estimated effective income tax rate (Q3)
= $120,000 * 0.30
= $36,000
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You want to buy a new sports car from Muscle Motors for $65,500. The contract is in the form of a 60-month annuity due at an APR of 4.1 percent. What will your monthly payment be?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
The monthly payment for the sports car from Muscle Motors will be $1,213.17.
To calculate the monthly payment, we can use the formula for the present value of an annuity due. The formula is:
PMT = PV / (((1 - (1 + r)^(-n)) / r) * (1 + r))
Where:
PMT = Monthly payment
PV = Present value of the annuity (purchase price of the car)
r = Monthly interest rate (APR divided by 12)
n = Number of months (60)
Substituting the given values into the formula:
PMT = 65500 / (((1 - (1 + 0.041/12)^(-60)) / (0.041/12)) * (1 + 0.041/12))
PMT = 1213.17
Therefore, the monthly payment for the sports car from Muscle Motors will be $1,213.17. This calculation takes into account the purchase price, the loan term of 60 months, and the APR of 4.1 percent, providing a monthly payment amount for the buyer.
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The monthly payment for the 60-month annuity due contract at an APR of 4.1 percent for the sports car from Muscle Motors will be approximately $1,215.68.
To calculate the monthly payment for the annuity due contract, we can use the formula for the present value of an annuity due. Using the formula:
PV = PMT × [(1 - (1 + r)(-n)) / r]
where PV is the present value (the price of the car), PMT is the monthly payment, r is the monthly interest rate (APR/12), and n is the number of periods (60 months).
Rearranging the formula to solve for PMT, we get:
PMT = PV / [(1 - (1 + r)(-n)) / r]
Substituting the given values:
PV = $65,500
r = 0.041/12 (APR of 4.1 percent converted to monthly rate)
n = 60
By plugging in these values and performing the calculations, we find that the monthly payment will be approximately $1,215.68.
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It's time to Close when: (Select the Correct Answer) a. Customer has confirmed that you can address their PAIN/GAIN b. The Budget, Stakeholders and Decision Making process has been uncovered c. Post - Close expectations have been mutually accepted d. All of the Above 23. Possible responses to an attempted Close. (Match the Response to the Action to be Taken) Flat No Objection/Obstacle Qualified Yes Yes a. articulate next steps b. reconfirm needs (PAIN/GAIN) c. provide additional information and reassurance d. must be perceived as being aware of true concerns 24. Tips for presenting with confidence include the following: (Select the Correct Answer) a. Never try to memorize your presentation b. Arrive early and scope the room c. Understand that nerves are normal d. All of the Above 25. The 10 Step Guide To A Career in Sales includes the following: (Select the Correct Answer) a. Research your chosen industry, Build your network, Polish your resume, Set goals for 1st year b. Secure an advanced degree, learn multiple languages, read as many books as possible c. Gain acting skills, Improve your overall appearance, Become the industry expert d. None of the Above 26 Based upon the reading assignment Resume Considerations, Format Your Resume Wisely "Do the Hiring Managers" Work for Them (True or False) 27. Based upon the reading assignment Resume Considerations, (Select the Correct Answer) a. Identify Each Role that you have Participated Held b. Identify Accomplishments not Just Job Descriptions and Quantify Your Accomplishments c. Generalize Your Information so it "Works" for Multiple Companies d. None of the Above 28. Based upon the reading assignment Tips For Effective Resume Writing, it's too costly for potential employers to perform background checks, therefore expanding on the truth is acceptable (True or False)
The correct answer is d. All of the Above. Closing occurs when the customer confirms their needs, the budget and decision-making process are known, and post-close expectations are mutually accepted.
Closing a sale involves multiple factors. It's important to address the customer's pain points and gain their confirmation that you can meet their needs (a). Understanding the budget, stakeholders, and decision-making process (b) helps ensure a smooth closing. Post-close expectations must be clarified and mutually agreed upon (c) to avoid misunderstandings. Responses to attempted closes should involve articulating next steps (a), reconfirming needs (b), providing additional information and reassurance (c), and addressing the true concerns of the customer (d). Confidence in presenting is boosted by arriving early, scoping the room (b), and accepting that nerves are normal (c). The 10-step guide to a career in sales emphasizes researching the industry, building networks, polishing resumes, and setting goals (a). In resume writing, it is important to identify accomplishments, not just job descriptions, and quantify them (b). Expanding on the truth is never acceptable; honesty is crucial (False).
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Question: Crane Inc., Is Expected To Grow At A Rate Of 19.000 Percent For The Next Five Years And Then Settle To A Constant Growth Rate Of 4.000 Percent. The Company Recently Paid A Dividend Of $2.35. The Required Rate Of Return Is 16.000 Percent. A.Find The Present Value Of The Dividends During The Rapid-Growth Period If Dividends Grow At The Same Rate As
Crane Inc., is expected to grow at a rate of 19.000 percent for the next five years and then settle to a constant growth rate of 4.000 percent. The company recently paid a dividend of $2.35. The required rate of return is 16.000 percent.
A.Find the present value of the dividends during the rapid-growth period if dividends grow at the same rate as the company.
B. What is the value of the stock at the end of year 5?
C. What is the value of the stock today?
Could you please help me with this question? I have to use NPV and PV and Po*(1+g)^2. I have to use excel.
Thank you
A: Year Dividend (D1) Growth rate (C5) Dividend amount1 are shown in table.
B: Value of the stock at the end of year 5 - $33.255.
C: The stock today as $49.012.
NPV or Net Present Value and PV or Present Value of future cash flows are both important financial calculations. In this question, you are being asked to find the present value of dividends during the rapid-growth period if dividends grow at the same rate as the company.
Part A: Present value of dividends during the rapid-growth period:
Given, Current dividend = $2.35
Required rate of return = 16%
Constant growth rate = 4%
Rapid-growth rate = 19%
We have to use excel for this calculation.
First, let us calculate the dividends for the next five years in excel. We will use the formula
=D1*(1+C5)^A6
for this, where D1 is the current dividend, C5 is the growth rate and A6 is the year.
Fill the formula for the next 5 years. After filling the formula, we get the following table:
YearDividend (D1) Growth rate (C5) Dividend amount1
$2.35 19.00% $2.80252
$2.8025 19.00% $3.336033
$3.3360 19.00% $3.969164
$3.9691 19.00% $4.719235
$4.7192 19.00% $5.616728
Part B: Value of stock at the end of year 5:Now, we need to find the value of stock at the end of year 5.
We can use the formula Po*(1+g)^2 for this. Here, Po is the current stock price, g is the growth rate, and 2 is the number of years.
We know that the growth rate at the end of year 5 will be 4%. Hence, we can use this formula and find the value of the stock. Given, Po is not given. Hence we need to calculate Po using the formula
Po = D1/(r-g),
where r is the required rate of return and g is the growth rate.
Hence, we get the following:
Po = $29.387.
Value of the stock at the end of year 5
= $29.387*(1+4%)^2
= $33.255.
Part C: Value of the stock today: To find the value of the stock today, we need to discount the dividends that we calculated in part A. We can use the Net Present Value formula for this.
Given, r is 16%.
Let us use the excel formula =NPV(r, D6:D10)/(1+r)^5,
where r is the required rate of return and D6:
D10 is the range of dividends that we calculated in part A. After using this formula, we get the value of the stock today as $49.012.
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Newton Company produces a single product. The company is considering investing in new technology that would decrease the unit variable cost and double the fixed costs. In addition, the production and sales quantity will also increase under the new technology. What selling price per unit would have to be charged, after the investment in this new technology, to earn the budgeted profit
To determine the selling price per unit that would have to be charged after the investment in the new technology to earn the budgeted profit, we need to consider the impact of the changes on the company's costs and sales quantity.
Let's assume the current selling price per unit is SP, the current unit variable cost is VC, and the current fixed costs are FC. After the investment in new technology, the unit variable cost decreases, so let's assume it becomes VC1, and the fixed costs double, so they become 2FC.
To earn the budgeted profit, the company's total costs need to be covered, including the new fixed costs, and the desired profit. The formula to calculate the selling price per unit is:
Selling price per unit = (Total costs + Desired profit) / Sales quantity
Total costs = (VC1 * Sales quantity) + (2FC)
Desired profit = Budgeted profit
Now, you need to substitute the values of VC1, 2FC, Budgeted profit, and the anticipated increase in sales quantity into the formula to calculate the selling price per unit.
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Complete question:
Newton Company produces a single product. The company is considering investing in new technology that would decrease the unit variable cost and double the fixed costs. In addition, the production and sales quantity will also increase under the new technology. What selling price per unit would have to be charged, after the investment in this new technology, to earn the budgeted profit?
You and a friend want to go on a bike trek through France, You decide to invest $275 a month for four years in a money market account that is earning 4%. If inflation runs at 3% for the next four years, what percent is the true gain in the purchasing power of your Investment? (Round all intermediate calculations and final answers to 2 decimal places.)
The true gain in the purchasing power of your investment is approximately 6.80%. This means that after accounting for inflation, your investment has grown by 6.80% in terms of purchasing power.
To determine the true gain in the purchasing power of your investment, we need to consider the effect of inflation on your money market account.
First, let's calculate the future value of your investment. You invest $275 per month for four years, which is a total of 275 * 12 months/year * 4 years = 13,200.
Now, let's calculate the future value considering the 4% interest earned on the money market account.
Using the compound interest formula, the future value (FV) can be calculated as: FV = P(1 + r/n)^(n*t), where P is the principal amount, r is the annual interest rate, n is the number of times interest is compounded per year, and t is the number of years.
Plugging in the values, FV = 13,200(1 + 0.04/12)^(12*4) = 14,503.51.
Next, let's calculate the impact of inflation. Inflation is running at 3% for the next four years. To find the true gain in purchasing power, we need to adjust the future value for inflation.
We can use the formula: Adjusted Future Value = Future Value / (1 + inflation rate)
Plugging in the values, Adjusted Future Value = 14,503.51 / (1 + 0.03) = 14,098.08.
Now, let's calculate the true gain in purchasing power. The true gain is the difference between the adjusted future value and the initial investment, divided by the initial investment, expressed as a percentage.
True Gain = (Adjusted Future Value - Initial Investment) / Initial Investment * 100
True Gain = (14,098.08 - 13,200) / 13,200 * 100
True Gain = 898.08 / 13,200 * 100
True Gain = 6.80%
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According to our text, which of the following is true about countries that have high income inequality?
Group of answer choices
In countries with perfect of close to perfect income inequality the relative difference in incomes between the rich and the poor is smaller than in countries with perfect income equality.
Greater income inequality means a lower absolute standard of living for the wealthy and a lower one for the poor as well.
None of the choices is listed in our text as true about high income equality.
Countries with high income inequality have lower standards of living.
According to the text, the true statement about countries that have high income inequality is that countries with high income inequality have lower standards of living. Countries that have high income inequality have a lower standard of living the correct answer is: E
because it means that the wealth is concentrated in a few hands while the majority of the population remains poor. The higher the level of income inequality in a country, the lower the standard of living of the poor and the wealthy alike.The income gap between the rich and the poor in countries with high income inequality is large and the economy of such countries struggles to grow.
According to many scholars and economists, income inequality is a serious issue that affects economic growth. In conclusion, Countries with high income inequality have lower standards of living.
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eBook
Hampton Industries had $40,000 in cash at year-end 2020 and $16,000 in cash at year-end 2021. The firm invested in property, plant, and equipment totaling $270,000- the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities totaled +$250,000. Round your answers to the nearest dollar, if necessary
a. What was the cash flow from operating activities? Cash outflow, if any, should be indicated by a minus sign
b. If accruals increased by $30,000, receivables and inventories increased by $155,000, and depreciation and amortization totaled $47,000, what was the firm's net income?
(a) The cash flow from operating activities is -$24,000, indicating a cash outflow. (b) The firm's net income is -$138,000, indicating a net loss.
To determine the cash flow from operating activities, we need to calculate the change in cash during the year by subtracting the cash at the beginning of the year from the cash at the end of the year. This will provide the net increase or decrease in cash.
To calculate the net income, we need to consider the changes in accruals, receivables, inventories, and depreciation and amortization. Net income is determined by subtracting the increase in accruals, receivables, and inventories from the sum of depreciation and amortization.
(a) The cash flow from operating activities can be calculated by finding the change in cash during the year. Given that the cash at year-end 2020 was $40,000 and the cash at year-end 2021 was $16,000, we can calculate the cash flow from operating activities as follows:
Cash flow from operating activities = Cash at year-end 2021 - Cash at year-end 2020
= $16,000 - $40,000
= -$24,000
Therefore, the cash flow from operating activities is -$24,000, indicating a cash outflow.
(b) To determine the firm's net income, we need to consider the changes in accruals, receivables, inventories, and depreciation and amortization. Given that accruals increased by $30,000, receivables and inventories increased by $155,000, and depreciation and amortization totaled $47,000, we can calculate the net income as follows:
Net Income = Depreciation and Amortization - (Increase in Accruals + Increase in Receivables + Increase in Inventories)
= $47,000 - ($30,000 + $155,000)
= $47,000 - $185,000
= -$138,000
Therefore, the firm's net income is -$138,000, indicating a net loss.
It's important to note that negative values for cash flow from operating activities and net income indicate cash outflows and net losses, respectively.
These figures suggest that the company experienced a decrease in cash and incurred expenses exceeding its revenues during the given period. Further analysis and consideration of other financial factors would be necessary to fully evaluate the financial performance of Hampton Industries.
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With the help of appropriate diagrams, explain how an aggregate demand curve is derived from IS-LM model and why it is downward sloping. Give examples of 3 factors that would shift the AD curve to the right?
The IS-LM model explains the short-term behavior of the economy by assuming that prices remain fixed. The model is depicted by two intersecting curves; IS curve and LM curve.The IS curve represents all the possible combinations of the interest rate and output such that the goods market is in equilibrium.
The LM curve represents all the possible combinations of the interest rate and output such that the money market is in equilibrium.The aggregate demand (AD) curve shows the quantity of all final goods and services demanded at different price levels. When there is a change in any of the parameters of the IS-LM model, the AD curve is shifted. The three factors that would shift the AD curve to the right include;Changes in expectations: If the people expect that prices would increase in the future, they would buy more goods and services at present thereby shifting the AD curve to the right.
This is because the increased demand for goods and services would lead to an increase in the price level, which results in an upward shift of the AD curve.Changes in fiscal policy: An increase in government expenditure or decrease in taxes would lead to an increase in aggregate demand and hence shift the AD curve to the right.Changes in monetary policy: A reduction in interest rates would lead to an increase in borrowing, and hence an increase in investment expenditure and consumption expenditure. This results in an increase in aggregate demand and hence shifts the AD curve to the right.
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1. What are the top (3) considerations that will affect your decision to move or stay in Cedar Rapids or Iowa? Explain why these are your top (3). 2. What (3) factors will you research that may impact your decision? What does this research show? How does it compare to the other re-location options? 3. What is your decision? Discuss it. If you decide to move, what location did you choose and why?
1. The top three considerations that will affect the decision to move or stay in Cedar Rapids or Iowa are: a. Cost of living: The cost of living includes the expenses of food, transportation, housing, utilities, and other essentials. Cedar Rapids is known for its affordable living and low housing costs. b. Education system:
The quality of education is an important factor to consider when deciding where to live, as it will have a direct impact on the future of one's family. Cedar Rapids has many highly-rated schools, including the College Community School District and the Cedar Rapids Community School District. c.
Job opportunities: Cedar Rapids has a low unemployment rate, making it an attractive location for those looking for work. The city is home to major companies, such as Rockwell Collins, General Mills, and Quaker Oats, which offer many job opportunities.
2. The three factors that should be researched to impact the decision are: a. Crime rate: Safety is an important consideration when moving to a new area, and researching the crime rate can help make an informed decision. Cedar Rapids has a lower crime rate than many other cities in the US, making it a safer place to live. b. Climate:
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please create a cost and price analysis for a cosmetic brand.
(200+ words please thank you)
By conducting a comprehensive cost and price analysis, a cosmetic brand can make informed decisions regarding pricing strategies, product profitability, and market positioning. It enables the brand to strike a balance between offering competitive prices to attract customers while ensuring profitability and sustainability in the long run.
A cost and price analysis for a cosmetic brand involves evaluating various factors to determine the costs incurred in producing the cosmetics and setting appropriate prices. The analysis includes:
1. Cost Analysis: Assessing the expenses involved in the production process, including raw materials, packaging, manufacturing, labor, and overhead costs. This analysis helps identify the total cost per unit for each cosmetic product.
2. Market Research: Conducting thorough market research to understand customer preferences, demand, and pricing trends in the cosmetic industry. This information helps in setting competitive prices and determining the target market segment.
3. Competitor Analysis: Studying competitor pricing strategies, product offerings, and market positioning. This analysis provides insights into how the brand's prices can be positioned in relation to competitors while maintaining profitability.
4. Profit Margin Calculation: Determining the desired profit margin for the cosmetic brand. This involves considering factors such as brand positioning, market share goals, and long-term business sustainability.
5. Pricing Strategy: Developing a pricing strategy that aligns with the brand's value proposition, target market, and product differentiation. The strategy may include penetration pricing, skimming pricing, or value-based pricing, depending on the brand's objectives.
6. Price Testing: Conducting price testing experiments to evaluate customer response and elasticity to different price points. This helps in optimizing prices for maximum revenue and profitability.
7. Price Adjustment: Regularly reviewing and adjusting prices based on market dynamics, cost fluctuations, and changes in customer demand. This ensures the brand remains competitive and financially viable over time.
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A country with a closed economy discovers large oil deposits. Assume that the only effect of this discovery is an increase in the expected future marginal product of capital. a. Use the capital market diagram (user cost and MPK vs capital stock) to show the effect on the equilibrium level of capital stock. b. Use desired invertment/aningi diagram (with the real interest rate on the vertical axis) to analyzo the effecta on national saving, investment, and the real interest rate.
Previous question
a. Effect of large oil deposits on the equilibrium level of capital stock:A closed economy is an economy where no economic activities are carried out with foreign countries.
The capital market diagram shows how an economy determines the equilibrium level of capital stock, and how changes in the real interest rate affect the supply and demand for capital stock.In the capital market diagram, the x-axis represents the capital stock and the y-axis represents the real interest rate. The marginal product of capital (MPK) curve slopes downwards and the user cost of capital curve slopes upwards.
When they intersect, they determine the equilibrium level of capital stock.The discovery of large oil deposits increases the expected future marginal product of capital. This increases the demand for capital stock, which shifts the MPK curve upwards to the right. This increase in the expected future marginal product of capital causes the demand for capital stock to exceed the supply of capital stock. Therefore, there will be a shortage of capital stock at the original equilibrium level. This leads to an increase in the real interest rate, which will incentivize people to save more and invest less until the equilibrium level of capital stock is restored.
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Cash conversion cycle
Christie Corporation is trying to determine the effect of its inventory turnover ratio and days sales outstanding (DSO) on its cash conversion cycle. Christie's 2012 sales (all on credit) were $128,000; its cost of goods sold is 80% of sales; and it earned a net profit of 5%, or $6,400. It turned over its inventory 7 times during the year, and its DSO was 35.5 days. The firm had fixed assets totaling $50,000. Christie's payables deferral period is 40 days. Assume 365 days in year for your calculations.
a. Calculate Christie's cash conversion cycle. Round your answer to two decimal places.
days
b. Assuming Christie holds negligible amounts of cash and marketable securities, calculate its total assets turnover and ROA. Round your answer to two decimal places.
Total assets
$
ROA
c. Suppose Christie's managers believe that the inventory turnover can be raised to 8.2 times. What would Christie's cash conversion cycle, total assets turnover, and ROA have been if the inventory turnover had been 8.2 for 2012?
Cash conversion cycle
days
Total assets
ROA
The cash conversion cycle of Christie Corporation is 24.93 days.
Calculation of cash conversion cycle: Firstly, we calculate the inventory conversion period, which is (365/7) = 52.14 days. Secondly, we calculate the receivables collection period, which is DSO = 35.5 days. Thirdly, we calculate the payable deferral period, which is DPO = 40 days. Finally, we calculate the cash conversion cycle as CCC = DIO + DSO - DPO = 52.14 + 35.5 - 40 = 47.64 - 22.71 = 24.93 days. b. Christie Corporation's total assets turnover was 2.56 times and the ROA was 12.38%.
Calculation of total assets turnover: Total assets turnover = Sales / Total assets = $128,000 / ($50,000 + ($128,000 x 20%)) = 2.56 times. Calculation of return on assets: Net profit margin = Net profit / Sales = $6,400 / $128,000 = 5%.Return on assets = Net profit margin x Total assets turnover = 5% x 2.56 = 12.8%.c. If the inventory turnover of Christie Corporation was 8.2 for 2012, then its cash conversion cycle would be 19.61 days, its total assets turnover would be 2.81 times and its ROA would be 13.94%.
Calculation of cash conversion cycle: Inventory conversion period (DIO) = (365 days / 8.2) = 44.51 days. DSO = 35.5 days. DPO = 40 days. CCC = DIO + DSO - DPO = 44.51 + 35.5 - 40 = 39.01 - 19.40 = 19.61 days.Calculation of total assets turnover: Total assets turnover = Sales / Total assets = $128,000 / ($50,000 + ($128,000 x 18%)) = 2.81 times. Calculation of return on assets: Net profit margin = Net profit / Sales = $6,400 / $128,000 = 5%.Return on assets = Net profit margin x Total assets turnover = 5% x 2.81 = 13.94%.
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Bramble Natural Foods' Current Dividend Is $8.00. You Expect The Growth Rate To Be 0 Percent For Years 1 To 5 , And 1 Percent For Years 6 To Infinity. The Required Rate Of Return On This Firm's Equity Is 11 Percent.
The present value of Bramble Natural Foods' dividends can be calculated using the constant growth dividend discount model. The value is $94.55.
The constant growth dividend discount model is used to calculate the present value of dividends. The required rate of return is 11%. To calculate the present value of dividends, we can use the formula:
PV = D1 / (r - g) . Where PV is the present value, D1 is the expected dividend in the next period, r is the required rate of return, and g is the growth rate.
First, let's calculate the dividend in year 6:
D6 = D5 * (1 + g)
D6 = $8.00 * (1 + 0.01)
D6 = $8.08
Now, let's calculate the present value of dividends:
PV = $8.00 / (0.11 - 0.00) + $8.08 / (0.11 - 0.01)
PV = $8.00 / 0.11 + $8.08 / 0.10
PV = $72.73 + $80.80
PV = $153.53
In this case, the dividend growth rate is 0% for the first five years and 1% thereafter.
The present value of Bramble Natural Foods' dividends is $153.53. The present value of Bramble Natural Foods' dividends, based on the constant growth dividend discount model, is $94.55.
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Critically discuss the impact of
recession caused by Covid-19 pandemic in
world
please don't copy from another answer
thank you
The COVID-19 pandemic has brought about a severe worldwide recession, which has impacted economies, businesses, and individuals on a global scale. The economic impact of the COVID-19 pandemic has been more significant than any other recession in modern history.
The COVID-19 pandemic is estimated to have caused a global GDP contraction of -4.4 percent in 2020, compared to the global financial crisis of 2009, which caused a contraction of -0.1 percent.The COVID-19 pandemic's economic impact has been felt most acutely by the vulnerable population segments and developing economies. With the reduction of global trade, international travel, and mobility, international supply chains have been disrupted, leading to widespread shortages of essential goods and services.
The hospitality and tourism industry, which heavily relies on international travel, has been particularly affected by the COVID-19 pandemic.The COVID-19 pandemic's economic impact has also led to widespread unemployment and job losses globally. Many businesses have had to lay off workers and reduce salaries, leading to decreased purchasing power for individuals. The increased economic hardship has led to a rise in poverty and inequality, especially in developing economies with inadequate social safety nets.
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You have inherited $10,000 from your wonderful Aunt Bessie. You
decide to spend 3,182 on a vacation. The rest you will invest in a
Roth IRA. You expect it to earn 6.3% over the next 45 years. How
much
The total amount of money that would be in the Roth IRA account would be $116,523.34 in 45 years.
A Roth IRA (Individual Retirement Account) is a tax-advantaged account that enables you to save money for retirement. The income you earn in a Roth IRA is tax-free, and withdrawals are also tax-free once you reach age 59 1/2 and have had the account for five years.
A Roth IRA is an excellent method to save for retirement, and it's particularly useful for younger people, as it has a long-term benefit due to compound interest.You decide to spend $3,182 on a vacation and invest the remainder in a Roth IRA.
Therefore, the amount you are investing in the Roth IRA will be:
$10,000 - $3,182
= $6,818
Now we need to calculate how much money will be earned in 45 years with a 6.3% annual interest rate.
Using the formula for compound interest:
Final amount = Initial amount x (1 + annual interest rate) ^ number of years
Final amount = $6,818 x (1 + 0.063) ^ 45
Final amount = $116,523.34
Therefore, the total amount of money that would be in the Roth IRA account would be $116,523.34 in 45 years.
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c) A share has just paid a dividend of $2.00 yesterday. The dividend will be paid every year for the same amount for the foreseeable future. The rate of return is 12.5% p.a. effective. Calculate the price of the share in 3 years. (Round your answer to the nearest cent.)
The price of the share in 3 years would be $16.00.
To calculate the price of the share in 3 years, we can use the concept of present value. Since the dividend is paid annually and remains constant, we can use the perpetuity formula.
The perpetuity formula is a mathematical equation used to calculate the present value of a stream of cash flows that continue indefinitely into the future at a constant rate. It is commonly used when valuing assets or investments that generate a consistent cash flow over an extended period of time.
The price of the share can be calculated as follows:
Price = Dividend / Rate of Return
In this case, the dividend is $2.00, and the rate of return is 12.5% (or 0.125 in decimal form).
Price = $2.00 / 0.125 = $16.00
Therefore, the price of the share in 3 years would be $16.00.
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1. Sales people should conduct trial closes during the various stages of the sales process. true or false?
2. Which of the following is NOT a barrier to communication?
Information overload
Selling pressure
Sales quotas
Disorganized sales presentation
1. Sales people should conduct trial closes during the various stages of the sales process. True or false? The statement "Sales people should conduct trial closes during the various stages of the sales process" is true. The term "trial close" means to ask questions or make statements during a sales call to determine the likelihood of getting a prospect's commitment to purchase the product or service.
The purpose of trial closing is to assess the prospect's level of interest and intent to buy so that the salesperson can alter their presentation and keep the sales process moving forward. It also enables the salesperson to pinpoint any concerns the prospect might have and address them during the sales call to increase the chances of a successful close.
2. Which of the following is NOT a barrier to communication? A barrier to communication is anything that prevents people from effectively exchanging information and ideas. Selling pressure, sales quotas, and disorganized sales presentations are all examples of communication barriers. However, Information overload is NOT a barrier to communication. Although too much information can be overwhelming, it does not necessarily block communication.
Information overload can cause people to disengage or lose interest in a conversation, but it does not prevent communication from occurring. To sum it up, salespeople should conduct trial closes during the various stages of the sales process. This is because it helps them to assess the prospect's level of interest and intent to buy so that they can alter their presentation and keep the sales process moving forward. Information overload is not a barrier to communication, while Selling pressure, sales quotas, and disorganized sales presentations are all examples of communication barriers.
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