Answers
When a restaurant management fails to exercise even the smallest degree of reasonable care when interacting with customers, it may constitute gross negligence. A lawsuit's likelihood can be decreased by providing sensitive and considerate treatment to wounded guests.
What manager means?A manager is a qualified someone who leads an organization and oversees a group of personnel. Managers frequently oversee a certain department within their organization. Although there are many distinct types of managers, most of them are responsible for making decisions and performing performance evaluations. To make sure a department is operating efficiently, a Manager or Supervisor supervises the team members inside that division. Their primary responsibilities include recruiting and onboarding staff, developing and putting into practice corporate strategy, and assigning work to team members.
What are the types of manager?The four more prevalent types of managers are team leaders, first-line managers, middle managers, and top-level managers. These positions vary not simply in terms of their daily duties but also in terms of their larger organizational functions and the kinds of personnel they supervise.
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Related Questions
CVS has food, health, and beauty products in their store brand offerings. So, they have a large product mix ____.
a. width
b. depth
c. quality
d. price
Answers
Answer:
c
Explanation:
What role does a company like UPS play in the supply chain?
Answers
use a well labelled group to explain why the introduction of maximum prices in the petrol industry will not be an ideal decision for the country's economy??
Answers
Implementing maximum prices in the petrol industry may not be an ideal decision for the country's economy.
Consumer Group:
Implementing maximum prices may initially benefit consumers as it could lead to lower fuel costs. However, it can have negative consequences in the long run. With lower prices, there may be increased demand for petrol, leading to shortages and long queues at gas stations. Additionally, if prices are kept artificially low, it can discourage investment in the industry, hampering exploration, production, and infrastructure development. This could result in limited supply and dependence on imports, potentially leading to fuel shortages and price fluctuations.Business Group:
For businesses in the petrol industry, maximum prices can restrict their ability to cover costs and maintain profitability. Fuel companies have various expenses such as exploration, refining, distribution, and employee wages. If prices are capped, it can lead to reduced profit margins, making it challenging for companies to invest in new technologies, research, and development, which are crucial for improving fuel efficiency and reducing environmental impacts.Government Group:
From a government perspective, implementing maximum prices can have adverse effects on tax revenues. Taxes on fuel sales contribute significantly to government revenue. If prices are capped, tax income will decrease, impacting the government's ability to fund public services and infrastructure projects. It can also limit the government's ability to incentivize renewable energy sources and reduce environmental pollution.Considering these factors, the introduction of maximum prices in the petrol industry may have unintended consequences such as supply shortages, reduced investment, profitability challenges for businesses, and decreased tax revenue for the government. It is crucial to strike a balance between consumer affordability, industry sustainability, and government revenue to ensure a stable and efficient petrol market.
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Prepare journal entries to record the following merchandising transactions of Lowe's, which uses the perpetual inventory system and
the gross method.
August 1 Purchased merchandise from Aron Company for $8,000 under credit terms of 1/10, n/30, FOB destination, invoice dated
August 1.
August 5 Sold merchandise to Baird Corporation for $5,600 under credit terms of 2/10, n/60, FOB destination, invoice dated August
5. The merchandise had cost $4,000.
August 8 Purchased merchandise from Waters Corporation for $7,000 under credit terms of 1/10, n/45, FOB shipping point, invoice
dated August 8.
August 9 Paid $190 cash for shipping charges related to the August 5 sale to Baird Corporation.
August 10 Baird returned merchandise from the August 5 sale that had cost Lowe's $500 and was sold for $1,000. The merchandise was
restored to inventory.
August 12 After negotiations with Waters Corporation concerning problems with the purchases on August 8, Lowe's received a price
reduction from Waters of $700 off the $7,000 of goods purchased. Lowe's debited accounts payable for $700.
August 14
At Aron's request, Lowe's paid $160 cash for freight charges on the August 1 purchase, reducing the amount owed (accounts
payable) to Aron.
August 15 Received balance due from Baird Corporation for the August 5 sale less the return on August 10.
August 18 Paid the amount due Waters Corporation for the August 8 purchase less the price allowance from August 12.
August 19
Sold merchandise to Tux Company for $4,800 under credit terms of n/10, FOB shipping point, invoice dated August 19. The
merchandise had cost $2,400.
August 22
Tux requested a price reduction on the August 19 sale because the merchandise did not meet specifications. Lowe's gave a
price reduction (allowance) of $800 to Tux and credited Tux's accounts receivable for that amount.
August 29 Received Tux's cash payment for the amount due from the August 19 sale less the price allowance from August 22.
August 30 Paid Aron Company the amount due from the August 1 purchase.
Answers
Based on the given merchandising transactions, a journal entry has been prepared below:
Journal EntriesNo Date General Journal Debit Credit
1 Aug 01 Merchandise inventory $6,000
Accounts payable-Aron $6,000
2 Aug 05 Accounts receivable-Baird $4,200
Sales $4,200
3 Aug 05 Cost of goods sold $3,000
Merchandise inventory $3,000
4 Aug 08 Merchandise inventory $5,000
Accounts payable-Waters $5,000
5 Aug 09 Delivery expense $200
Cash $200
6 Aug 10 Sales return and allowances $1,000
Accounts receivable-Baird $1,000
7 Aug 10 Merchandise inventory $500
Cost of goods sold $500
8 Aug 12 Accounts payable-Waters $500
Merchandise inventory $500
9 Aug 14 Accounts payable-Aron $190
Cash $190
10 Aug 15 Cash ($3,200 - $3,136) $3,136
Sales discounts ($3,200 x 2%) $64
Accounts receivable-Baird ($4,200 - $1,000) $3,200
11 Aug 18 Accounts payable-Waters ($5,000 - $500) $4,500
Merchandise inventory ($4,500 x 1%) $45
Cash ($4,500 - $4,455) $4,455
12 Aug 19 Accounts receivable-Tux $3,600
Sales $3,600
13 Aug 19 Cost of goods sold $1,800
Merchandise inventory $1,800
14 Aug 22 Sales return and allowances $600
Accounts receivable-Tux $600
15 Aug 29 Cash ($3,600 - $600) $3,000
Accounts receivable-Tux $3,000
16 Aug 30 Accounts payable-Aron ($6,000 - $190) $5,810
Cash $5,810
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From California to New York, legislative bodies across the United States are considering eliminating or reducing the surcharges that banks impose on noncustomers, who make $14 million in withdrawals from other banks' ATM machines. On average, noncustomers earn a wage of $24 per hour and pay ATM fees of $3.00 per transaction. It is estimated that banks would be willing to maintain services for 6 million transactions at $1.00 per transaction, while noncustomers would attempt to conduct 22 million transactions at that price. Estimates suggest that, for every 1 million gap between the desired and available transactions, a typical consumer will have to spend an extra minute traveling to another machine to withdraw cash.
1. Based on this information, what would be the nonpecuniary cost of legislation that would place a $1.00 cap on the fees banks can charge for noncustomer transactions?
Instructions: Round your answer to the nearest penny (2 decimal places).$
2. What would be the full economic price of this legislation?
$
Answers
a. Nonpecuniary cost of legislation that would place a $1.00 cap on the fees banks can charge for noncustomer transactions is: $6.40.
b. The full economic price of this legislation is: $7.40 per transaction.
Equilibrium price, Pe = $3.00 per transaction
Opportunity cost = $24 per hour
Ceiling price, C = $1.00 per transaction
First step is to calculate the Shortage in transaction volumes
Shortage in transaction volumes =22million - 6million
Shortage in transaction volumes =16million
Second step is to calculate the time lost in 16million of shortage transaction
Time lost= (16mn x 1 minute)/60
Time lost= 16 minutes /60
Third step is to calculate opportunity cost of 16 minutes which is the non pecuniary cost of legislation
Opportunity cost = $24 per hour x 16 / 60
Opportunity cost = $6.40
b. Full economic price of this legislation:
Full economic price of this legislation= Ceiling price + Opportunity cost
Full economic price of this legislation = $ 1.00+$6.40
Full economic price of this legislation = $7.40 per transaction
Inconclusion the Nonpecuniary cost of legislation is $6.40 and the full economic price of this legislation is $7.40 per transaction.
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40! Points it’s an easy question !!!!!
Answers
Answer:
B
Explanation:
Being that it is a legal document, she should use proper terminology and be exact with what she says, which likely require using complicated words
Will leaving the country make an American businessman immune to U.S. laws?
Answers
Answer:
No, one of the characteristics of a sovereign state is that a citizen is subject to the state's laws even when beyond national borders.
Please give the Brainliest answer!!!
the pros and cons of using a credit card, checking account, and debit card.
Answers
Credit card and debit card
PROS
You have digital moneyYou have digital moneyYou can buy things onlineCONS
You have to go to the bank to take money outSomeone can hack your card and take your moneyTrue or False: Evaluation of a Request for proposal is based solely on price.
Answers
Answer:
false.
Explanation:
u help me i help you
This statement is false because there are many factors to be considered except price while evaluating the proposal.
What factors should keep in mind while evaluating a proposal?Evaluation of a proposal measures the progress of the condition between the project started and when the project was completed. To decide how many changes are required to make it successful.
there are many factors to keep in mind while evaluating a proposal are
Price of the projectCustomer review and preferenceThe competitive environmentThe uniqueness of the proposalTherefore this statement is false.
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HURRY
Why can it be more expensive for clients to host a catered event at their home than at a hotel or restaurant?
Answers
It would be more expensive to host the event in their home than at the hotel due to the cost of the rental properties.
What are the rental properties needed for a home event?These would be for properties such as chairs, tables, china, linens and glass ware.
While hosting in a hotel, these properties would be provided by the event centre.
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Jennifer and Jamar are married and live in a home with their 13-year-old dependent son, Oscar. This year, they had the following tax information. Jamar’s salary $ 60,000 Jennifer’s Qualified Business Income from sole proprietorship 95,000 Dividend income 2,800 Deduction for self-employment tax 6,712 Itemized deductions 19,200 Compute adjusted gross income (AGI) and taxable income.
a. AGI $151,088; taxable income $89,430.
b. AGI $157,800; taxable income $114,000.
c. AGI $157,800; taxable income $133,000.
d. AGI $151,088; taxable income $108,630.
Answers
Answer:
d. AGI $151,088; taxable income $108,630.
Explanation:
First we need to calculate Gross Income
Gross Income = Salary Income + Business Income + Dividend Income
Gross Income = $60,000 + $95,000 + $2,800
Gross Income = $157,800
Now Calculate adjusted gross income
Adjusted Gross Income = Gross Income - Self Employment Tax
Adjusted Gross Income = $157,800 - $6,712
Adjusted Gross Income = $151,088
Deduction will be as follow
Higher of
Itemized Deduction = $19,200
Standard deduction = $24,400
So, Standard deduction will be made because it is higher
QBI deduction = $95,000 x 20% = $19,000
Taxable Income = Adjusted Gross Income - Standard Deduction - QBI deduction
Taxable Income = $151,088 - $24,400 - $19,000
Taxable Income = $107,688
The purpose of CHIP is to:
A. provide health insurance for people 65 and older.
B. provide income after retirement.
C. provide low-cost insurance coverage to children.
D. make private insurance more affordable.
SUBMIT
Answers
The purpose of CHIP (Children's Health Insurance Program) is to provide low-cost insurance coverage to children, which is option C.
CHIP is a government program in the United States that aims to ensure that eligible children from low-income families have access to essential healthcare services. It was designed to bridge the gap between Medicaid and private insurance, offering affordable health coverage to children who do not qualify for Medicaid but still come from families with limited financial resources. CHIP plays a crucial role in promoting children's well-being by providing them with essential medical care and preventive services.
By offering affordable healthcare coverage to children, CHIP helps reduce barriers to accessing medical services, ensuring that children receive necessary treatments, vaccinations, check-ups, and other healthcare services. This contributes to the overall health and development of children, ultimately leading to healthier communities and a brighter future for the next generation.
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Which activity relates to the strategy of transferring risk?
A.
brainstorming with staff
B.
countersigning a check before proceeding with the transaction
C.
insuring the company’s premises
D.
conducting a “What if?” analysis
Answers
The activity that relates to the strategy of transferring is option A A. brainstorming with staff.
What is brainstorming ?Brainstorming can be described as the method of generating ideas as well as sharing knowledge to solve a particular commercial or technical problem.
In the case above it should be noted that The activity that relates to the strategy of transferring is option A A. brainstorming with staff.
Therefore option A is correct.
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8. Refer to the Prescription Drug table on page 4 in the sample Health Benefits Form. John is
covered under the Standard Plan and plans to purchase his prescription drugs from an
in-network pharmacy. All of the following are true, EXCEPT...
a. For a 30-day supply purchased at retail, the generic version of the prescription drug
is $40 cheaper than the preferred brand.
b.
If John is looking for the lowest cost for his prescription drugs, he should purchase
from mail order.
c. The cost of a three month supply of generic prescription drugs purchased at retail
would be $50.
di John chose
and be no difference in the price of the
generic version of prescription drugs
Answers
The patient's name, the name of the medication, the dosage, and the dosage schedule are all listed on the label of each prescription medicine container. When a prescription is filled, the pharmacy typically provides more in-depth printed information about the medicine.
Which section of the prescription contains medicine-related information?Inscription (Medication Prescribed) The most crucial section of the prescription is the inscription, which details the drug's composition and dosage. It's possible that the medication is some kind of official or non-official formulation.
What are the 4 primary pieces of a solution?A prescription traditionally consists of four parts, predating modern legal definitions of the term: a signature, inscription, subscription, and superscription. The patient's information, such as name, address, and age, can be found in the superscription section.
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design an approach that your team would recommend for Joseph and Nicholas to cover one area each that you deem necessary to aid in the planning and controlling functions
Answers
The combines strategic planning, performance measurement, effective communication, and continuous improvement to support Joseph and Nicholas in their planning and controlling functions. It ensures a well-defined direction, data-driven decision-making, collaboration, and a focus on growth and adaptability.
In order to aid in the planning and controlling functions, the following approach can be recommended to Joseph and Nicholas:
1. Establish Clear Objectives and Goals: The first step in planning is to establish clear objectives and goals for the team. It is important to have a clear understanding of what needs to be accomplished and what the team's priorities are.
2. Assign Responsibilities: Assigning specific responsibilities to team members helps to ensure that everyone is working towards a common goal. Joseph and Nicholas should each be assigned to cover one area that is necessary for planning and controlling functions. This will help to ensure that all aspects of the project are covered and that there is no overlap or duplication of efforts.
3. Develop a Schedule: Developing a schedule that outlines the key milestones and deadlines for the project is essential to effective planning and control. This will help to ensure that the project stays on track and that deadlines are met.
4. Monitor Progress: Regularly monitoring progress against the schedule and objectives is necessary to ensure that the project is progressing as planned. This will help to identify any issues or problems that arise and allow for corrective action to be taken.
5. Communicate: Effective communication is critical to the success of any project. Joseph and Nicholas should establish a regular communication schedule to ensure that everyone is up-to-date on the project's progress, any issues or problems that arise, and any changes to the schedule or objectives.
6. Make Adjustments: Finally, it is important to be flexible and make adjustments as needed. If the project is not progressing as planned, adjustments may be necessary to the schedule or objectives to ensure that the project stays on track and that goals are met.
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Lupe is a student who wants to open a bank account.
Which type of bank is most likely the best option for her needs?
a retail bank
a savings and loan
a commercial bank
an investment bank
Answers
The type of bank which is most likely the best option for Lupe's needs is a retail bank.
What is a retail bank?This a type of bank which gives or provide financial services to individual and small businesses. Here, people perform transactions daily with their bank which includes checking account.
Retail bank provides services to everyday people; general public who needs to take care of their personal financial needs. Services provided by retail banks are checking account, saving and personal loans.
Other types of banks are
Savings and loanCommercial banksInvestment banksMerchant banks.Hence, we can infer that Lupe should open a retail bank account since he is a student and not a corporate entity.
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Bud exchanges land with an adjusted basis of $ 22,000 and a fair market value of $ 30,000 for another parcel of land with a fair market value of $ 28,000 and $2,000 cash. What is Bud's recognized gain or loss?
a. $0
b. $2,000
c. $6,000
d. $8,000
e. None of the above
Answers
Given :
Bud exchanges land with an adjusted basis of $ 22,000 and a fair market value of $ 30,000 for another parcel of land with a fair market value of $ 28,000 and $2,000 cash.
To Find :
What is Bud's recognized gain or loss.
Solution :
This is a transaction of like kind exchange.
So, gain or loss to be recognized is :
\(= ( 28000+2000) - 28000\\\\=\$ 2000\)
Therefore, option B) is correct.
The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.05 per share on its stock. The dividends are expected to grow at a constant rate of 7 percent per year indefinitely. If investors require a 14 percent return on The Jackson-Timberlake Wardrobe Co. stock, what is the current price? Answer with 2 decimals (e.g. 10.12).
Answers
Answer:
the current share price is $16.05
Explanation:
The computation of the current share price is as follows;
= Dividend ÷ (required rate of return - growth rate0
= $1.05 × 1.07 ÷ (14% - 7%)
= $1.1235 ÷ 0.07
= $16.05
Hence, the current share price is $16.05
The same should be considered and relevant
WHAT IS A CALCULATED INTEREST RATE
Answers
Answer:
Use this simple interest calculator to find A, the Final Investment Value, using the simple interest formula: A = P(1 + rt) where P is the Principal amount of money to be invested at an Interest Rate R% per period for t Number of Time Periods. Where r is in decimal form; r=R/100; r and t are in the same units of time.
Explanation:
c. What is the probability that a randomly selected
invoice from the database is over 90 days old and
from the Seattle office?
Answers
Answer:
Could you show us the question?
Explanation:
What does Mrs. Morningstar say that Sancho and Bolsa couldn't find in a porta-potty?
toilet paper
a polar bear
an elephant
Answers
Answer:
its polar bear
Explanation:
i did the test on edge
According to the fragment of scene 6 of Sancho and Bolsa, it can be inferred that Mrs. Morningstar told Sancho and Bolsa that they could find a polar bear in a porta-potty
This story tells the story of Sancho and Bolsa two detectives who are involved in multiple situations. In the scene 6 of the story they hold a conversation with Mrs. Morningtar who says:
- Mrs. Morningstar: I won't hold my breath. You couldn't find a polar bear in a porta-potty.
According to the above, the correct response is to polar bear (option B) because these are the words Mrs. Morningstar mentiones. On the other hand she never mentionen toilet paper (option A) or an elephant (option C)
The question is incomplete because the text is missing. Here is the excerpt of the text.
- Bolsa: You can't be serious.
- Mrs. Morningstar: No, I don't know the address, but it's at the corner of Ocean and Pine.
- Bolsa: Thank you, Mrs. Morningstar. We'll let you know as soon as we find out anything.
- Mrs. Morningstar: I won't hold my breath. You couldn't find a polar bear in a porta-potty.
- Bolsa: Goodbye, Mrs. Morningstar.
- Mrs. Morningstar: And next time use the phone, don't just come by whenever you feel like it.
- Bolsa: Lovely woman.
- Sancho: Maybe William isn't really missing, maybe he just decided he didn't want to live with his aunt anymore.
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Toyota Motor Credit Corporation (TMCC), a subsidiary of Toyota Motor Corporation, offered some securities for sale to the public on March 28, 2008. Under the terms of the deal, TMCC promised to repay the owner of each security $100,000 on March 28, 2038, but investors would receive nothing until then. Investors paid TMCC $24,099 for each of these securities; so they paid $24,099 on March 28, 2008 for the promise of a $100,000 payment 30 years later. Why would TMCC be willing to accept such a small amount today ($24,099) in exchange for a promise to repay about four times that amount ($100,000) in the future? A feature of this particular deal is that TMCC has the right to buy back the securities on the anniversary date at a price established when the securities were issued. What impact does this feature have on the desirability of this security as an investment?
Answers
To avoid the confusion, normal equation will be like this,
24,099*(1+r)³°=100,000
Solving for r we get,
r=4.8576%
What are securities?The term "security" refers to a fungible, negotiable financial instrument that holds some type of monetary value. It represents an ownership position in a publicly-traded corporation via stock; a creditor relationship with a governmental body or a corporation represented by owning that entity's bond; or rights to ownership as represented by an option.
Securities can be broadly categorized into two distinct types: equities and debts. However, some hybrid securities combine elements of both equities and debts.
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mention two demand side Approaches which are used by RSA government to promote economic growth and development
Answers
The two demand-side approaches will be "Fiscal policy" and "Monetary policy".
Fiscal policy - Through the utilization of public expenditure and fiscal policies that impact economic circumstances, particularly economic variables, comprising overall payment mode as well as productivity expansion, is considered as a Fiscal policy.Monetary policy - It requires the implementation done by that of the banking system of a community to manage supplies of currency and accomplish economic objectives promoting economic development.
So the above is the right answer.
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Most social assistance workers are employed by what type of organization? local government state government federal government private businesses
Answers
Answer:
D. Private business
Explanation: correct on e2020
Answer:
d : private businesses
Explanation:
got it right
. Explain the role of money in specialisation and division of labour
Answers
Answer:Money plays a crucial role in the process of specialization and division of labor. As an economy grows, the division of labor becomes more complex, and people begin to specialize in specific skills and trades. Specialization and division of labor increase productivity and efficiency, which leads to economic growth. Money facilitates the exchange of goods and services between people who have specialized in different areas.When people specialize in specific skills or trades, they produce goods or services that are unique and valuable. Money allows them to exchange these goods and services with other people who have specialized in different areas. This exchange of goods and services is made possible by the use of money, which serves as a medium of exchange. Without money, people would have to rely on bartering, which would be difficult and inefficient.Moreover, money encourages further specialization and division of labor. When people are able to earn money by specializing in a particular skill or trade, they are more likely to continue doing so. This creates a positive feedback loop, leading to increased specialization, higher productivity, and economic growth.In summary, money plays a critical role in the process of specialization and division of labor by facilitating the exchange of goods and services between people who have specialized in different areas. Money encourages further specialization and division of labor, leading to higher productivity, efficiency, and economic growth.
Explanation:
The monthly demand for a part is 1,500 units.
(a) EOQ, (b) annual holding cost, (c) annual order cost, and (d) annual total inventory cost.
Answers
Explanation:
Jhfhfnfbsnnfnf is a great place to work
Selling price$85 100% Variable expenses 51 60 Contribution margin$34 40% Fixed expenses are $77,000 per month and the company is selling 2,600 units per month. 2-a. Refer to the original data. How much will net operating income increase (decrease) per month if the company uses higher-quality components that increase the variable expense by $5 per unit and increase unit sales by 20%. 2-b. Should the higher-quality components be used
Answers
Answer:
The company should use high-quality components. It will increase the net operating income by $2,080 (13,480 - 11,400).
Explanation:
First, we need to calculate the current net operating income:
Net operating income= total contribution margin - fixed costs
Net operating income= 2,600*34 - 77,000
Net operating income= $11,400
Now, the Net operating income including the high-quality component:
Unitary contribution margin= 85 - 56= $29
Number of units= 2,600*1.2= 3,120
Net operating income= 3,120*29 - 77,000
Net operating income= $13,480
The company should use high-quality components. It will increase the net operating income by $2,080 (13,480 - 11,400).
An attempt to assess the worth of each job relative to other jobs is known as
Select one:
a. job analysis.
b. job evaluation
c. the wage-level decision.
d. performance appraisal.
e. benefit determination.
Can someone help??
Answers
An assessment is often carried out to fine out if someone or someone is performing up to task or doing what is expected.
An attempt to assess the worth of each job relative to other jobs is known as job evaluation.Job Evaluation is simply refered to as a form of stepwise process of knowing the capabilities or worth of one job when compared to another job in the organisation. During this evaluation, the known capabilities of various jobs are thoroughly viewed or assessed so that wages can be paid based upon the worth of the job.
Conclusively, Relative worth is known by based on job description and job specification and as such, job evaluation helps to know wages and salary level for all jobs.
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The market price of a share of common stock depends heavily on
Multiple ChoiceO the number of stocks traded on the New York Stock Exchange.
O the overall performance of the company.
O the default rate on U.S. government bonds.
O the relative value of the U.S. dollar compared to the euro.
Answers
The market price of share of common stock depends heavily on default rate on U.S. government bonds.
What is common stock?A type of investment that symbolizes ownership in a firm is common stock. Voting share and ordinary share are two words that are frequently used outside of the US. Common stockholders do not own any particular business assets; rather, all shareholders own the same amount of corporate assets. The preference shareholders have first crack at dividends when a company offers both ordinary and preference shares. In the event of a liquidation, the leftover funds are to be distributed to the ordinary shareholders after bondholders, creditors, and preference shareholders have been paid. When a company liquidates its assets through bankruptcy, ordinary stockholders frequently receive nothing. Due to its larger exposure to business risks than bonds or preferred shares, common stock has a higher potential for capital growth.
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HCA Healthcare has a current stock price of $36, an expected constant growth rate of 5%, and its last dividend (DO) was $2.40. In view of HCA’s strong financial position, its required rate of return is 12 percent. If HCA’s dividends are expected to grow at a constant rate in the future, what is the firm’s expected stock price in 5 years?
Answers
After five years, the expected stock price would be $ 45.9
What is the complete explanation?D nought is the current dividend speed in the following. If I write here for this, an is the required rate of written, and g is dividend: dividend growth, dividend growth rate. Hence, if I write this, it must be p. Nought is 36, and this is 2.4, which is the nought current dividend yield, and this is 1 plus g divided by r minus z, which equals.12 minus z. If I'm correct, this is. 12 multiplied by 36 after multiplying by cross multiplying. This is 36 t, which is equivalent to 2.4 2.4 plus. If I write here for this, it is 2.4 g and will come out as if I write here for this, it is an I transpose this. This equals 4.324.32 less. If I write this out, minus 2.4 is 22.4 plus 32.4, which equals 2.4 + 2.4 g. Thus, 2.4 g plus 36 g. This will come out as 1.92 equals 38.4 g, and the g value will come out as 1.92 divided by 38.4, which equals 2.05 in percentage terms. This is 5%, and if I write it here, we have our dividend growth rate. We must now compute the price in the question. We are asked what the expected stock price in 5 years is, thus stock expectedstock price? If I write clearly stock price in 5 years- and this must be- if I write clearly in 5 years, this is equivalent to expected dividend in near 6, expected dividend in ear 6 divided by needed rate. This must be required rate minus choreminus, and the value will be 2.4 multiplied by 1 plus r, which is 8 raised to power 6 and divided by a required rate, which is.12 minus rotha. So, basically, this is computed as.05, and if I write here further, it will come out like this.Expect the unexpected. And the final value is 2.4 multiplied by 1.34 divided by.07. This is computed as dollars, 3.216 divided by.07, which is then multiplied by 45.95. Thus, if I write this here, the expected stock price after 5 years is $. 45.9.z
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