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1 year ago

8

When organizations pollute the local community, _____ occurs as housing values decline, wealthy owners move, and neighborhoods b

ecome inhabited by the poor.

1 answer:

Papessa [141]1 year ago

8 0

Answer:

Gentrification occurs as the......

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A barber shop produces 192 haircuts a day. Each barber in the shop works 8 hours per day and produces the same number of haircut

ladessa [460]

Answer:

Number of barbers= 12 barbers

Explanation:

Giving the following information:

A barbershop produces 192 haircuts a day. Each barber in the shop works 8 hours per day and produces the same number of haircuts per hour. The shop’s productivity is 2 haircuts per hour of labor.

First, we need to calculate the total number of haircuts per barber:

Number of haircuts= 2*8= 16

Now, we can determine the number of employees:

Number of barbers= 192/16= 12 barbers

6 0

2 years ago

The risk-free rate of return is 8%, the expected rate of return on the market portfolio is 15%, and the stock of Xyrong Corporat

bearhunter [10]

Answer:

a. The intrinsic value of a share of Xyrong stock is <u>$90.91</u>.

b. Your expected 1-year holding-period return on Xyrong stock is <u>5.82%</u>.

Explanation:

Given in the question are the following:

rf = risk-free rate of return = 8%, or 0.08

rm = expected rate of return on the market portfolio = 15%. or 0.15

b = beta = 1.2

dp = Dividend payout ratio = 40%, or 0.40

e = latest earnings = $10

ROE = Return on equity = 20%, or 0.20

We therefore proceed as follows:

a. What is the intrinsic value of a share of Xyrong stock ? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

This can be calculated using the formula for calculating the intrinsic value of a share as follows:

Intrinsic value = (e * dp) / [rf + b * (rm - rf) - ROE * (1 - dp)] .......... (1)

Substituting the values into equation (1), we have:

Intrinsic value = ($10 * 40%) / [8%+ 1.2 * (15% - 8%) - 20% * (1 - 40%)]

Intrinsic value = $4 / [8% + 1.2 * 7% - 20% * 60%

Intrinsic value = $4 / (8% + 0.084 - 12%)

Intrinsic value = $4 / 0.044

Intrinsic value = $90.91

Therefore, the intrinsic value of a share of Xyrong stock is <u>$90.91</u>.

b. If the market price of a share is currently $100, and you expect the market price to be equal to the intrinsic value one year from now, what is your expected 1-year holding-period return on Xyrong stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

To do this, we first calculate the price of the share after one year from now as follows:

p1 = Intrinsic value * (1 + ROE * (1 - dp)) ............................ (2)

Where p1 denotes the price of the share after one year from now.

Substituting the relevant values into equation (2), we have:

p1 = 90.91 * (1 + 20% * (1-40%))

p1 = 90.91 * (1 + 20% * 60%)

p1 = 90.91 * 1.12

p1 = 101.8192

We can now calculate the expected 1-year holding-period return on Xyrong stock as follows:

Expected 1-year holding-period return = (p1 + e * dp) / 100 - 1 ............ (3)

Substituting the relevant values into equation (3), we have:

Expected 1-year holding-period return = [(101.8192 + 10 * 40%) / 100] - 1

Expected 1-year holding-period return = [105.8192 / 100] - 1

Expected 1-year holding-period return = 1.058192 - 1

Expected 1-year holding-period return = 0.058192, or 5.82%

Therefore, your expected 1-year holding-period return on Xyrong stock is <u>5.82%</u>.

4 0

1 year ago

Jasmine's company, marbletech, inc., recently won a major government contract scheduled to last six years. jasmine has been give

dexar [7]

<span>Jasmine's efforts will require her to perform functions involved in human resources management. Human Resource Management (HRM) is the term used to describe formal systems devised for the management of people within an organization. The responsibilities of a human resource manager fall into three major areas: staffing, employee compensation and benefits, and defining/designing work.</span>

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2 years ago

Faith Cassen has recently been hired as the manager of Gibraltar Coffee Shop. Gibraltar Coffee Shop is a national chain of franc

IrinaK [193]

Answer:

a. I Disagree with Faith's method of handling this situation because she has not followed the internal control principle of safeguarding of assets. Stealing is a serious issue. An employee who can justify taking a box of tea bags can probably justify “borrowing” cash from the cash register.

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2 years ago

Susan is creating a spreadsheet and she needs to enter the days of the week in column A. Susan should _____. Enter Sunday in cel

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Enter January in A1 hold mouse in bottom right hand corner of cell. Hold mouse button down and drag the mouse. Excel will populate the months of the year

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2 years ago

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