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marin [14]
2 years ago
12

Micah was talking with Aaron, his assistant manager, saying, "When I make a decision on which employees will do a project, I use

three simple factors. I consider their attitude, knowledge, and how hard they work." Micah uses
Business
1 answer:
Arada [10]2 years ago
5 0

Answer:

heuristics

Explanation:

A heuristic approach to problem solving employs a practical method, or rule of thumb, that is not optimal nor it tries to guarantee perfection, but is sufficiently good to serve for practical purposes specially when time is limited.

Micah's approach may not guarantee that the people that he chooses will be the adequate ones, but he considers his method to be close enough to a correct solution and it is also very simple and easy to carry out.

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Moody Farms just paid a dividend of $2.65 on its stock. The growth rate in dividends is expected to be a constant 3.8 percent pe
NISA [10]

Answer:

$34.63.

Explanation:

The Gordon Dividend Discount Model will be used to calculate the current share price. This model helps us to determine how much should we pay for a stock and the analysis is based on dividends, growth rate, and our required rate of return. The model is as follows:

Po = D1 / (1 + r )^1 + D2 / (1 + r )^2 + D3 / (1 + r )^3 + D4 / (1 + r )^4 + D5 / (1 + r )^5 + D6 / (1 + r )^6 + [(D7 / r - g) / (1 + r)^6]

where

Po = Current market Price

D1 = Dividend Paid * (1 + g)

D2 = D1 (1 + g) ; D3 = D2 (1 + g) ; D4 = D3 (1 + g) ; D5 = D4 (1 + g)  

D6 = D5 (1 + g) ; D7 = D6 (1 + g)

This implies that:

Po = 2.7507 / (1.15)^1 + 2.8552 / (1.15)^2 + 2.9637 / (1.15)^3 + 3.0763 / (1.13)^4 + 3.1932 / (1.13)^5 + 3.3146 / (1.13)^6 + [(3.4405/.11 - .038) / (1.13)^6]

⇒ Current Market Price = $34.63.

Note: Figures are rounded up-to 4 decimal points. A difference of up-to $2 would not affect your scores as far as the methodology is correct.

8 0
2 years ago
Last year, Twins Company reported $750,000 in sales (25,000 units) and a net operating income of $25,000. At the break-even poin
PolarNik [594]

Answer:

Variable Cost per unit = $9 per unit

so correct option is C. Variable expense per unit is $9

Explanation:

given data

sales = 25,000 units

Company reported sale = $750,000

net operating income = $25,000

total contribution margin = $500000

top find out

Based on information the company reported

solution

we know that here contribution at the break even point is  500000

so that the fixed cost will be 500000 because break even point

fixed cost = contribution and net income is 0

by this data we find the variable expense that is

variable expenses = Company reported Sales  - Fixed Cost - Net Operating Income    ..........................1

variable expenses =  $750,000 - $500000 - $25000

variable expenses = $225000

and Variable Cost per unit = \frac{225000}{25000}

Variable Cost per unit = $9 per unit

so correct option is C. Variable expense per unit is $9

7 0
2 years ago
20 POINTS !!!!! Based on your budget, which transportation option is the best financial decision for you? Explain your answer in
patriot [66]
Engenuity said to have

1. Option A is not the best choice, because the monthly payments will be too high.

2. Option B is not a good choice, because it requires too high of an up-front cost, and the mileage restriction might be a problem.

3. Option C is the best choice for my budget, and it will allow me to own a car outright once the loan is repaid.
5 0
2 years ago
Read 2 more answers
Summarize how compound interest helps you to accumulate savings even faster.
yulyashka [42]

Answer:

The magic of compound interest happens in a way  that the more you put in, the faster your money grows.

Explanation:

The magic of compound interest happens in a way  that the more you put in, the faster your money grows. The interest you earn on the amount you save also earns interest and this snowballing effect makes you accumulate your savings even faster. For example, if you deposit $100 in a savings account that pays 5% interest per year. At the end of the year, you account will have (5%*100= 5) plus the $100 you deposited, coming to a total of $105. At the end of the second year, your $5 interest earned in year 1 will earn another 5% interest and so will the $100 you initially deposited.

4 0
2 years ago
Crystal corporation makes $2,000 payments every month for leasing office equipment. crystal recorded a lease payment as follows:
Svetlanka [38]
<span>Crystal corporation makes $2,000 payments every month for leasing office equipment. Crystal recorded a lease payment as an operating lease.

An operating lease is a lease that is commonly used for a short term basis and asset. The operating lease payment is found on the financial statement. 
</span>
4 0
2 years ago
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