Answer:A True most global firms find it is better to have expatriates rather than local staff at management positions to their foreign operations because expatriates require less training and development.
Answer:
$15.17
Explanation:
Given that;
Beginning book value = $4,050,000
Net income = $450,000
Dividends = $100,000
Ending book value = Beginning book value + Net income - Dividends
Ending book value = $4,050,000 + $450,000 - $100,000
Ending book value = $4,400,000
Book value per share = Ending book value / Number of shares
Book value per share = $4,400,000 / 290,000
Book value per share = $15.17
Answer:
Value of stock = $47.99
Explanation:
<em>The price of a stock using the dividend valuation model is the present value of the the future dividend expected from the stock discounted at the required rate of return.</em>
Year Present Value
1 1.25× 1.15^1 × 1.095^(-1) =1.31
2 1.25× 1.15^2 × 1.095^(-2) = 1.38
3. 1.25× 1.15^3 × 1.095^(-3)= 1.45
Present value of Dividend in Year 4 and beyond
This will be done in two steps
Step 1
PV in year 3 terms
= Dividend in year 4× (1.06)/(0.095-0.06)
1.25× 1.15^3 × 1.06/(0.095-0.06)=57.57
PV in year 0 terms =
PV in year 3 × 1.095^(-3)
=57.5759 × 1.095^(-3)= 43.852
Value of stock = 1.3 + 1.38 + 1.45 + 43.852= $47.99
Value of stock = $47.99
Answer: False.
Explanation: There are many more Financial institutions.
Hmm, i'm not super sure about this one can I go and research it?