Aunt Tilly's Fur Company has been experiencing several years of financial difficulty and, thus, has considered maintaining its dividend payment at $2.50 indefinitely

What is the value of its common stock if the required rate of return is 8.5 percent?


P = D / r = $2.50 / 0.085 = $29.41

Business

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After the disastrous oil spill in the gulf, many consumers decided to avoid BP products, many even joining a popular “Boycott BP” Facebook page. Stuart runs an independent BP gas station in Louisiana and his business suffered from this consumer response. In this instance, boycotters would be considered a ______, part of the gas station’s ______ environment.

a. special-interest group; task b. local community; task c. demographic force; general d. sociocultural force; task e. local community; general

Business

Manufacturing costs incurred in an accounting period cannot be included in the cost of goods sold for the subsequent accounting period

Indicate whether the statement is true or false

Business

Contracts falling under past consideration are unenforceable

Indicate whether the statement is true or false

Business

What are the features of a mechanistic organizational structure?

a) Centralized authority and high formalization b) Decentralized authority c) Centralized authority and low formalization d) Low horizontal differentiation

Business