The People's Bank of China and the Federal Reserve System differ in their structures, with the People's Bank of China operating as a central bank under the direct control of the Chinese government, while the Federal Reserve System in the United States operates as an independent entity with a decentralized structure.
The People's Bank of China (PBOC) is the central bank of China and operates under the direct control of the Chinese government. It is responsible for formulating and implementing monetary policy, regulating financial institutions, and managing the country's currency, the renminbi (RMB).
The PBOC's structure reflects its close ties to the government, with its leadership appointed by the State Council and its policy decisions subject to government approval.
On the other hand, the Federal Reserve System (commonly known as the Fed) in the United States has a decentralized structure. It consists of the Board of Governors, appointed by the President and confirmed by the Senate, and a network of regional Federal Reserve Banks spread across the country.
The Board of Governors sets monetary policy and oversees the entire system, while the regional Reserve Banks contribute to policy discussions and provide various banking services to their respective regions.
The difference in structure reflects the varying degrees of independence and government influence in the two central banks.
While the PBOC operates more directly under the control of the Chinese government, the Federal Reserve System is designed to have a level of independence in its decision-making process, aiming to insulate monetary policy from short-term political considerations.
learn more about Federal Reserve here:
https://brainly.com/question/14700070
#SPJ11
The People's Bank of China operates under a centralized, state-controlled structure, while the Federal Reserve System has a decentralized structure with regional branches and a level of independence from direct government control.
The People's Bank of China (PBOC) serves as the central bank of China and operates under a centralized structure. It is directly controlled by the Chinese government and operates with strong government influence.
The PBOC's primary role is to implement monetary policy, regulate financial institutions, and maintain stability in the Chinese financial system. On the other hand, the Federal Reserve System (commonly known as the Fed) in the United States has a decentralized structure.
It consists of a central governing body located in Washington, D.C., known as the Board of Governors, and 12 regional banks spread across different regions of the country.
The regional banks have some degree of independence and operate under the supervision of the Board of Governors. This decentralized structure allows the Federal Reserve System to have a broader perspective on economic conditions across the United States.
Overall, while both institutions serve as central banks, the People's Bank of China operates within a centralized structure with strong government influence, while the Federal Reserve System has a decentralized structure with regional branches and a level of independence from direct government control.
learn more about Federal Reserve System here:
https://brainly.com/question/32374280
#SPJ11
2. With a 12 % reserve requirement ratio, calculate the maximum amount SNB could lend when a $ 8000 deposit is made into SNB.
The maximum amount the SNB could lend, given an $8000 deposit and a 12% reserve requirement ratio, is $7040.
To calculate the maximum amount the SNB (Simple National Bank) could lend with a 12% reserve requirement ratio, we need to determine the amount of reserves that the bank is required to hold and then calculate the maximum lending amount based on the remaining funds.
1. Required Reserves = Deposit * Reserve Requirement Ratio
Required Reserves = $8000 * 0.12
Required Reserves = $960
2. Maximum Lending Amount = Deposit - Required Reserves
Maximum Lending Amount = $8000 - $960
Maximum Lending Amount = $7040
Considering an $8000 deposit and a reserve requirement ratio of 12%, the maximum lending capacity of the SNB amounts to $7040.
Learn more about reserve requirement ratio here:
https://brainly.com/question/30076175
#SPJ11
Business Plan Presentation Create A PowerPoint Presentation Of Your Business Plan Only On The Following Contents: ✓ Cover Page. 5 Marks ✓ Identify The Customer Problem. 5 Marks Explain How You Will Solve This Problem (A Business Idea). 5 Marks Explain What You Competitors Are And How Will You Have A Competitive Advantage Over Them. 5 Marks Company Overview.
The customer problem you are addressing should be clearly defined. For example, if you are offering a meal delivery service, the problem could be the lack of convenient and healthy food options for busy individuals.
Explain How You Will Solve This Problem (A Business Idea): Outline your business idea and how it directly solves the customer problem. In the meal delivery service example, you can explain how your service will provide nutritious and customizable meals delivered to customers' doorsteps, saving them time and effort in meal planning and preparation.
Explain Who Your Competitors Are and How You Will Have a Competitive Advantage Over Them: Identify your direct and indirect competitors in the market. Analyze their strengths and weaknesses, and highlight how your business will differentiate itself and provide a unique value proposition. For instance, you could emphasize that your meal delivery service offers a wider variety of dietary options, uses high-quality ingredients, or provides personalized nutrition consultations to give customers a competitive advantage.
Company Overview: Provide an overview of your company, including its mission, vision, and values. Describe the products or services you offer, your target market, and any notable achievements or milestones. Highlight key members of your team, their expertise, and how their skills contribute to the success of your business.
To learn more about customer, click here.
https://brainly.com/question/31192428
#SPJ4
A firm expects next year's sales to be $108,000,000. Estimate
the year-end balance in accounts receivable if it expects the
average collection period to be 42 days.
The estimated year-end balance in accounts receivable is approximately $12,419,072.22.
To estimate the year-end balance in accounts receivable, we can use the average collection period formula:
Average Collection Period = (Accounts Receivable / Average Daily Sales)
Rearranging the formula, we can solve for Accounts Receivable:
Accounts Receivable = Average Collection Period * Average Daily Sales
First, we need to calculate the average daily sales by dividing the expected annual sales by the number of days in a year:
Average Daily Sales = Annual Sales / Number of Days in a Year
In this case, the expected annual sales are $108,000,000, and assuming a 365-day year:
Average Daily Sales = $108,000,000 / 365 ≈ $295,890.41
Next, we can calculate the year-end balance in accounts receivable using the average collection period of 42 days:
Accounts Receivable = Average Collection Period * Average Daily Sales
Accounts Receivable = 42 * $295,890.41 ≈ $12,419,072.22
Therefore, the estimated year-end balance in accounts receivable is approximately $12,419,072.22.
Know more about average collection period here
https://brainly.com/question/30762113#
#SPJ11
Complete Question: A firm expects next year's sales to be $108,000,000. Estimate the year-end balance in accounts receivable if it expects the average collection period to be 42 days and Why is it important for a firm to estimate the year-end balance in accounts receivable?
Question 26 Listen A manufacturer is considering a switch from manufacturers' representatives to an internal sales force. The following cost estimates are available. Manufacturers' reps are paid 7.9% commission and incur $645,000 in fixed costs, while an internal sales force has fixed costs projected at $2,080,000 and would receive 3.0% commission. At what sales volume would the manufacturer be indifferent between the two alternatives? Report your answer in dollars. Your Answer: Answer Question 27 4) Listen ► A manufacturer is considering a switch from manufacturers' representatives to an internal sales force. The following cost estimates are available. Manufacturers' reps are paid 8.8% commission and incur $600,000 in fixed costs, while an internal sales force has fixed costs projected at $1,750,000 and would receive 3.3 % commission. Assume that sales revenue is double the breakeven volume or the point at which the manufacturer would be indifference between reps and an internal sales force. At this volume, how much would the manufacturer save, assuming the company had switched to an internal sales force? Report your answer in dollars. Your Answer:
The manufacturer would be indifferent between manufacturers' representatives and an internal sales force at a sales volume of approximately $29,285,714.29. The savings achieved by switching to an internal sales force at double the breakeven volume can be calculated using the provided cost estimates.
To determine the sales volume at which the manufacturer would be indifferent between manufacturers' representatives and an internal sales force, we need to equate the costs of both options.
For the manufacturers' representatives:
Total cost = Commission + Fixed costs
Total cost = 7.9% of sales + $645,000
For the internal sales force:
Total cost = Commission + Fixed costs
Total cost = 3.0% of sales + $2,080,000
To find the sales volume, we set the total costs of both options equal to each other:
7.9% of sales + $645,000 = 3.0% of sales + $2,080,000
Subtracting 3.0% of sales from both sides gives:
4.9% of sales + $645,000 = $2,080,000
Subtracting $645,000 from both sides gives:
4.9% of sales = $2,080,000 - $645,000
4.9% of sales = $1,435,000
Dividing both sides by 4.9% gives:
sales = $1,435,000 / 4.9%
sales ≈ $29,285,714.29
Therefore, the manufacturer would be indifferent between manufacturers' representatives and an internal sales force at a sales volume of approximately $29,285,714.29.
For the second question, we need to find the savings achieved by switching to an internal sales force at double the breakeven volume.
Assuming the breakeven volume is the sales volume at which the manufacturer would be indifferent, which is $29,285,714.29, we can calculate the savings.
Savings = Total cost with manufacturers' reps - Total cost with internal sales force
Savings = (8.8% of sales + $600,000) - (3.3% of sales + $1,750,000)
At the breakeven volume, the sales would be $29,285,714.29:
Savings = (8.8% of $29,285,714.29 + $600,000) - (3.3% of $29,285,714.29 + $1,750,000)
Calculating this equation will give the amount saved by switching to an internal sales force.
To know more about sales volume
https://brainly.com/question/29732841
#SPJ11
You are the Operations Manager (OM) of Aus ManTec Pty Ltd, an Australian based company in Townsville, Queensland. You are analyzing the Supply Chain (SC) for Aus ManTec's innovative mechanical ventilator. You will be preparing a Supply Chain Analysis (SCA) to brief Aus ManTec's newly appointed CEO.
Aus ManTec designs a range of products in Australia. Currently, Taj manufacturing company in India Manufacturing Hub North Main Road, Koregaon Park, Pune, Maharashtra 414001, India, is contracted to manufacture the product in India.
Draw a map of and describe the supply chain for your organisations product(s) - include all organisations and supplies (upstream and downstream) in the supply chain (real world organisations that will be supplying to your organisation).
The supply chain for Aus ManTec's mechanical ventilator includes the following organizations and supplies:
1. Aus ManTec Pty Ltd (Townsville, Queensland, Australia) - Designs and develops the mechanical ventilator, manages the supply chain, and coordinates production.
2. Taj Manufacturing Company (Manufacturing Hub North Main Road, Koregaon Park, Pune, Maharashtra 414001, India) - Contracted manufacturer responsible for producing the mechanical ventilator in India.
3. Component Suppliers - Various suppliers located globally provide the necessary components for the ventilator, including electronics, motors, sensors, valves, and other mechanical parts.
4. Raw Material Suppliers - These suppliers provide the raw materials required for manufacturing the ventilator, such as metals, plastics, circuit boards, and cables.
5. Logistics and Transportation Companies - Facilitate the movement of components, raw materials, and finished ventilators between different stages of the supply chain, including international shipping.
6. Distribution Channels - Distributors or wholesalers who handle the distribution of the ventilators to hospitals, healthcare facilities, and retailers.
Overall, the supply chain involves Aus ManTec's design and coordination efforts, Taj Manufacturing Company as the contracted manufacturer, various suppliers for components and raw materials, logistics and transportation companies for movement, and distribution channels for reaching the end customers.
To know more about supply chain, visit:- brainly.com/question/28165491
#SPJ11
The value of a 6 year lease that requires payments of $800 made at the beginning of every month is $54,800. What is the nominal interest rate compounded monthly? 0.00 % Round to two decimal places k Question 9 of 10 SUBMIT QUESTION >
In this case, the calculated interest rate is 0.00%. However, it is worth noting that this result may be due to rounding or approximation errors.
To find the nominal interest rate compounded monthly, we can use the present value formula for an ordinary annuity:
PV = P * \left( \frac{1 - (1+r)^{-n}}{r} \right)
Where:
PV is the present value ($54,800),
P is the monthly payment ($800),
r is the monthly interest rate (unknown),
and n is the number of periods (6 years multiplied by 12 months per year).
Rearranging the formula, we can solve for r:
r = \left( \frac{1 - \left( \frac{PV}{P} \right)}{-n} \right)^{\frac{1}{n}} - 1
Substituting the given values, we have:
r = \left( \frac{1 - \left( \frac{54800}{800} \right)}{-6 \times 12} \right)^{\frac{1}{12}} - 1
Calculating this expression will give us the monthly interest rate, from which we can determine the nominal interest rate compounded monthly.
In this case, the calculated interest rate is 0.00%. However, it is worth noting that this result may be due to rounding or approximation errors.
To know more about monthly interest rate visit:
https://brainly.com/question/28499156
#SPJ11
a. What is the forward price-sales multiple? b. What is the trailing price-sales multiple?
a. The forward price-sales multiple is a valuation ratio that measures the relationship between a company's market capitalization (price) and its projected sales for a future period.
It is calculated by dividing the market capitalization by the projected sales. Forward Price-Sales Multiple = Market Capitalization / Projected Sales.
b. The trailing price-sales multiple, on the other hand, is a valuation ratio that measures the relationship between a company's market capitalization (price) and its past sales over a specific period.
It is calculated by dividing the market capitalization by the trailing twelve months (TTM) sales. Trailing Price-Sales Multiple = Market Capitalization / TTM Sales
Both the forward and trailing price-sales multiples are used by investors and analysts to assess a company's valuation relative to its sales. The forward multiple provides insight into future expectations, while the trailing multiple reflects historical performance.
Know more about trailing twelve months here
https://brainly.com/question/33427619#
#SPJ11
the actions that firms in an industry must perform in the process of designing, manufacturing, and providing customer service are called quizlet
The actions that firms in an industry must perform in the process of designing, manufacturing, and providing customer service are called "business operations."
Business operations encompass a range of activities required to create, deliver, and support products or services. In the context of designing, firms engage in activities such as product research, development, and design to meet customer needs and preferences. Manufacturing involves the conversion of raw materials or components into finished products, employing processes like production planning, sourcing, and quality control. Customer service operations involve activities like order processing, delivery, after-sales support, and addressing customer inquiries or complaints. These operations collectively form the backbone of a firm's value chain, ensuring the smooth functioning of business processes and delivering value to customers. Effective management and optimization of business operations are critical for enhancing efficiency, customer satisfaction, and overall competitiveness in the industry.
To learn more about industry
https://brainly.com/question/30001696
#SPJ11
The money supply falls from $1,200 billion to $1,160 billion. According to the simple quantity theory of money, the price level will decline by percent. 4.68 O 3.33 O 5.09 07.65
The price level will decline by option B) 3.33 percent according to the simple quantity theory of money.
The money supply falls from $1,200 billion to $1,160 billion. According to the simple quantity theory of money, the price level will decline by 3.33 percent.
The quantity theory of money is a theory that explains the relationship between money supply and the price level of an economy. The theory argues that inflation is caused by an increase in the amount of money in circulation, whereas deflation is caused by a decrease in the amount of money in circulation.
According to the simple quantity theory of money, the price level is determined by the money supply, velocity of money, and the output level.
The formula is as follows:
MV = PT
Where:
M = Money supply
V = Velocity of money
P = Price level
T = Output level
Now, let's use the simple quantity theory of money to solve the problem at hand:
Given,
Initial money supply = $1,200 billion
Final money supply = $1,160 billion
We know that the formula is
MV = PT,
where M is the money supply,
V is the velocity of money,
P is the price level, and
T is the output level.
We can assume that V and T are constant in the short run.
So, we can say that
M₁V = P₁T
Assuming V and T are constant, we can write the equation as:
P₁ = M₁V/T₁
Now, the initial price level P₁ is: P₁ = 1,200 × V/T
Similarly, the final price level P₂ is: P₂ = 1,160 × V/T
Therefore, the percentage change in the price level is given by:
Percentage change = [(P₂ - P₁)/P₁] × 100
Substituting the values, we get:
Percentage change = [(1,160 × V/T - 1,200 × V/T)/(1,200 × V/T)] × 100
Percentage change = [- 40V/1,200V] × 100
Percentage change = - 3.33%
To know more about theory visit :
brainly.com/question/30765798
#SPJ11
QUESTION 1
In the luxury trips market, if income of people increases 50%,
quantity demanded increases from 20 to 30. Calculate the income
elasticity of demand.
The income elasticity of demand in this scenario is 1.
To calculate the income elasticity of demand, you can use the formula: Income Elasticity of Demand = (% Change in Quantity Demanded) / (% Change in Income)
In this case, the income increased by 50% and the quantity demanded increased from 20 to 30. We can calculate the percentage change in quantity demanded as follows:
Percentage Change in Quantity Demanded = [(New Quantity Demanded - Old Quantity Demanded) / Old Quantity Demanded] * 100
Percentage Change in Quantity Demanded = [(30 - 20) / 20] * 100
Percentage Change in Quantity Demanded = (10 / 20) * 100
Percentage Change in Quantity Demanded = 50%
Now, we can calculate the income elasticity of demand:
Income Elasticity of Demand = (50% / 50%)
Income Elasticity of Demand = 1
The income elasticity of demand in this scenario is 1. This indicates that the luxury trips market has unitary income elasticity, meaning that a 1% increase in income leads to a 1% increase in quantity demanded.
The demand for luxury trips is considered to be income elastic, as the increase in income resulted in a proportional increase in the quantity demanded.
Know more about elasticity of demand here
https://brainly.com/question/31293339#
#SPJ11
1. the abc computer store sells a popular printer for $700. demand for this is constant during the year, and daily demand is forecasted to be 3 units. The holding cost is $50 per unit per year, while the cost of ordering is $80 per order. there are 300 working days per year and the lead time is 4 days.
(a) Currently, the company uses an ordering policy of 55 units at a time. Determine the total (sum) of the annual ordering cost and the annual holding cost for the current ordering policy?
(b) determine the inventory level which triggers an action to replenish the printer inventory.
(a) Current ordering policy is to order 55 units at a time.
Therefore, the number of orders placed during a year can be calculated as: Number of orders placed during a year = (Total annual demand) / (Units ordered per order) = (3 × 300) / 55 ≈ 16 orders per year(a) The cost of ordering per order is given as $80 per order.
Therefore, the annual ordering cost can be calculated as: Annual ordering cost = (Number of orders placed during a year) × (Cost of ordering per order) = 16 × 80 = $1280 The average inventory level can be calculated as: Average inventory level = (Units ordered per order) / 2 = 55 / 2 = 27.5 units Therefore, the annual holding cost can be calculated as: Annual holding cost = (Average inventory level) × (Holding cost per unit per year) = 27.5 × 50 = $1375 Therefore, the sum of the annual ordering cost and the annual holding cost is: Sum = $1280 + $1375 = $2655
(b) The inventory level that triggers an action to replenish the printer inventory is the reorder point. The reorder point can be calculated as: Reorder point = (Demand during lead time) + Safety stock where Safety stock = z * σ * (Lead time) ^0.5 Here, z = 1.65 for 95% service level (as per the standard normal distribution table)σ = standard deviation of daily demand during lead time.σ = (Daily demand during lead time) ^0.5 * (Standard deviation of daily demand)σ = 3 ^0.5 * (σ)The demand during lead time can be calculated as: Demand during lead time = (Daily demand) × (Lead time) = 3 × 4 = 12 units
The standard deviation of daily demand can be calculated using the formula:σ = ((∑ (Demand - Mean demand)²) / (Number of observations - 1))^0.5Here, the mean demand = 3 units. The demand data is not provided in the question, so let us assume that the standard deviation of daily demand is 1. Therefore, the standard deviation of lead time demand is:σ = (12 - 3)² / (1) = 9The safety stock can be calculated as: Safety stock = 1.65 × 3 ^0.5 × (4) ^0.5 = 3.72 units
Therefore, the reorder point is: Reorder point = 12 + 3.72 = 15.72 ≈ 16 units.
Answer: (a) The sum of the annual ordering cost and the annual holding cost is $2655.
(b) The inventory level which triggers an action to replenish the printer inventory is 16 units.
To know more about Demand visit
https://brainly.com/question/33016104
#SPJ11
Q64 Read and analyze the following business scenario of the GoodChef catering services: Good Chef Sdn. Bhd is a small catering firm with five employees. During a typical occasions such as wedding, corporate events and gathering, GoodChef provide catering services with a variety of menu and servicing style from dome to buffet. The business has grown rapidly over the past year, and the owner wants to install a new computer system for managing the ordering and buying process. GoodChef has a set of 10 standard menus. When potential customers call, the receptionist describes the menus to them. If the customer decides to place a reservation, the receptionist records the customer personal information that includes their name, address, phone number, and email. The detail for the reservation includes selected menu, tota price, payment method, date, place and time. The receptionist then prepares the quotation of the reservation for the customer. The customer will receive the quotation either by fax or via email. The customer needs to sign the quotation as a contract and pay the deposit for 10% of total price to confirm the reservation. The customer is then submit the signed quotation and the proof of payment via the booking form on GoodChef company website. The receptionist will check customer via email and mobile. The receptionist then place the confirmed catering booking on the GoodChef schedule apps. The owner also wants to get in touch with the customer for feedback on the services as well to inform them on the special offers. The receptionist will update the catering services schedule. This new system should be able to calculate the profit and total catering services provided throughout the year. (i) Draw the use case diagram of the scenario. (ii) Draw the Entity Relationship diagram of the scenario.
Use case diagram Use case diagrams depict the functionality of a system and illustrate the relationships and dependencies among system users and the cases that those users operate on.
They are diagrams that show the interactions between users and systems. Use case diagrams are drawn to depict the relationship between the user and the system. It identifies the users of the system and the different functions that the users can perform.
The use case diagram for GoodChef catering services is shown below;Entity Relationship DiagramAn entity-relationship diagram (ERD) is a visual representation of the data schema in a database. It consists of entities, attributes, and relationships between entities.
An entity is a real-world object, such as a customer or an order, that has specific attributes, such as name, address, and phone number. Relationships are the associations between entities.The ERD for GoodChef catering services is shown below;Therefore, the use case diagram of the scenario is shown below; and the Entity Relationship diagram of the scenario is shown below.
To know more about system visit:
https://brainly.com/question/19843453
#SPJ11
Assume our world of available securities includes two risky
stocks, ABC and XYZ, and Treasury-bills. The correlation
coefficient between the two stocks is -0.3. Calculate the
proportion, wABC , in the
The proportion of ABC (wABC) in the global minimum variance portfolio is approximately 63.12%. So correct option is B
To calculate the proportion, wABC, in the global minimum variance portfolio, we need to use the concept of portfolio optimization. The global minimum variance portfolio is the portfolio with the lowest possible volatility or standard deviation.
The formula to calculate the weight of a security in a portfolio is given by:
wABC = (σXYZ² - ρ * σABC * σXYZ) / (σABC² + σXYZ² - 2 * ρ * σABC * σXYZ)
Where:
wABC = Proportion of ABC in the portfolio
σABC = Standard deviation of ABC
σXYZ = Standard deviation of XYZ
ρ = Correlation coefficient between ABC and XYZ
Given the following data:
ABC: Expected return = 17.64%, Standard deviation = 24.03%
XYZ: Expected return = 33.0%, Standard deviation = 60.54%
Correlation coefficient (ρ) = -0.3
Let's calculate wABC:
wABC = (60.54² - (-0.3) * 24.03 * 60.54) / (24.03² + 60.54² - 2 * (-0.3) * 24.03 * 60.54)
wABC = (3667.4918 + 437.5732) / (578.2809 + 7329.0516 - 364.15236)
wABC = 4105.065 / 6743.18014
wABC ≈ 0.6312
Therefore, 63.12% is the proportion of ABC, so the option B is correct answer.
To know more about Portfolio :
https://brainly.com/question/28148314
#SPJ11
Complete Question :
Assume our world of available securities includes two risky stocks, ABC and XYZ, and Treasury bills. The correlation coefficient between the two stocks is -0.3. Calculate the proportion, wABC, in the global minimum variance portfolio. Expected return (%) Standard deviation (%) ABC 17.64 24.03 XYZ 33.0 60.54 a. 14.61% b. 63.12% c. 80.18% d. 19.82% e. 87.66%
Malaysia is taking steps to control rising food prices amid inflation, says minister Malaysia is facing inflation and the government is putting in place measures to control rising food prices, the country's domestic trade and consumer affairs minister told CNBC. Given the global trend, "we are going to be affected by inflation," Alexander Nanta Linggi, told CNBC "Squawk Box Asia" on Friday. To mitigate higher prices, the government has taken steps to stabilize prices on "what we consider as crucial food items" such as rice and meat, said the minister. "By way of subsidies and by way of other assistance," the government has made sure that people "can buy food items and essentials at the prices that they can afford," he added. Linggi said the pandemic has fueled the country's inflation problems. "We had Covid the last two years, like everyone else in the world - and that too has disrupted food supply chains," said the minister, adding it led to disruptions in the production processing process. As a result, the cost of production, especially on chicken farmers, "increased tremendously," he pointed out. Taken from CNBC, 28 th January 2022 Answer ALL questions. 1. Based on this article, state what had caused the food prices to go up. (2 marks) 2. Use a diagram to show how your answer in question 1 had caused the food prices to increase. (4 marks) 3. The government can use price control to stabilize food prices. Use a diagram to explain how it is done. (6 marks) 4. Suggest ONE more measure the government can implement to stabilize the prices of crucial food items. (3 marks)
By increasing production, the government can ensure that there is enough supply to meet the demand for crucial food items which will help to stabilize prices.
The pandemic, specifically Covid, has disrupted food supply chains and led to disruptions in the production process. This has caused the cost of production, particularly on chicken farmers, to increase tremendously which has led to food prices to go up.This increase in the cost of production has led to an increase in food prices.
Price control is a measure that the government can use to stabilize food prices. The government can set a maximum price that sellers can charge for crucial food items such as rice and meat. If the market price is above the maximum price, sellers will have to lower their prices. This will help to stabilize food prices and ensure that people can buy food items and essentials at the prices they can afford.
Another measure the government can implement to stabilize the prices of crucial food items is to increase production. This can be done by providing incentives for farmers to increase production, improving infrastructure to support agricultural production, and investing in research and development to improve yields and reduce wastage.
To know more about incentives visit :
brainly.com/question/3536887
#SPJ11
The DuPont formula allows a firm to break down its return into the net profit margin, which measures the firm's profitability on sales, and its total asset turnover, which indicates how efficiently the firm has used its assets to generate sales. TRUE/ FALSE
The given statement is TRUE. The DuPont formula is a financial ratio analysis tool that breaks down a firm's return on equity (ROE) into its components: net profit margin and total asset turnover.
The net profit margin measures the firm's profitability by evaluating how much profit it generates from each dollar of sales. The total asset turnover measures the firm's efficiency in utilizing its assets to generate sales revenue. By dissecting the ROE, the DuPont formula enables a company to understand the relative impact of profitability and asset utilization on its overall return. This breakdown helps in identifying areas for improvement and making informed decisions regarding operations and financial management.
To know more about net profit margin, visit:
https://brainly.com/question/22024991
#SPJ11
Q1) Suppose Nabisco Corporation just issued a dividend of $1.32 per share yesterday. Subsequent dividends will grow at a constant rate of 07.70% indefinitely. If the required rate of return for this stock is 15.40% what is the value of a share of common stock today?
The value of a share of common stock today is approximately $17.14.
To calculate the value of a share of common stock using the dividend growth model, we can use the formula:
[tex]\[ \text{Value of stock}[/tex] = [tex]\frac{\text{Dividend per share}}{\text{Required rate of return} - \text{Growth rate}} \][/tex]
Given the following information:
Dividend per share = $1.32
Growth rate = 7.70% = 0.077
Required rate of return = 15.40% = 0.154
Substituting these values into the formula:
[tex]\[ \text{Value of stock} = \frac{1.32}{0.154 - 0.077} \][/tex]
[tex]\[ \text{Value of stock} = \frac{1.32}{0.077} \][/tex]
[tex]\[ \text{Value of stock} \approx \$17.14 \][/tex]
Therefore, the value of a share of common stock today is approximately $17.14.
To know more about return on investment, visit:
https://brainly.com/question/15608069
#SPJ11
Discuss how the government can use to expand an economy that is
in a recession using any three expansionary fiscal policy tools of
your choice. (12 marks)
(CAN YOU PLEASE DISCUSS EACH POINT, NOT TO ON
The government can use expansionary fiscal policy tools such as increased government spending, tax cuts, and expansion of transfer payments to expand an economy that is in a recession.
a) Increased government spending: The government can increase its spending on infrastructure projects, education, healthcare, or other areas to stimulate economic activity. This increased spending creates demand for goods and services, leading to increased production and employment. The multiplier effect can further amplify the impact on the economy.
b) Tax cuts: By reducing taxes, especially for individuals and businesses, the government can increase disposable income and incentivize spending and investment. Tax cuts can stimulate consumer spending and business expansion, leading to increased economic activity and job creation.
c) Expansion of transfer payments: The government can expand transfer payments, such as unemployment benefits or welfare programs, to provide financial support to those affected by the recession. This helps maintain consumer purchasing power and reduces the impact of the recession on individuals and families, thereby supporting overall economic activity.
By utilizing these expansionary fiscal policy tools, the government can inject additional spending power into the economy, stimulate demand, and boost economic activity during a recession. However, it is important to strike a balance and consider the long-term implications, such as fiscal sustainability and inflationary pressures, when implementing expansionary fiscal policies.
To know more about Government, visit : brainly.com/question/416028
#SPJ11
Obtain information on three types of incentives and/ or pay-for-performance plans that are offered by an employer.
Identify the employer, and then list and describe the incentives and/or pay for performance plans. Be specific with the information you report. (Total = 6 marks)
Hint: a good source of information can be found in articles/websites on the Top 100 Employers to Work for in Canada.
Subject HR
Three types of incentives and/or pay-for-performance plans offered by employers include:
1. Annual Many employers provide annual bonuses based on individual or company performance. For example, offers performance-based cash bonuses to its employees, rewarding exceptional achievements and contributions.
2. Stock s: Some employers grant stock s to incentivize employees. For nce, Microsoft offers stock-based compensation plans, allowing employees to purchase company shares at a predetermined price, which can lead to financial gain if the stock price rises.
3. Profit-sharing plans: Certain employers implement profit-sharing programs, where a portion of the company's profits is distributed among employees. Whole Foods Market, for example, offers a profit-sharing program to its team members, enabling them to share in the company's success.
Annual bonuses are additional payments given to employees based on their performance or the company's overall performance. This motivates employees to strive for better results and achieve predetermined goals. Stock s provide employees with the opportunity to purchase company shares at a discounted price, aligning their interests with the company's long-term success. When the stock price rises, employees can sell their shares for a profit. Profit-sharing plans distribute a portion of the company's profits among employees, fostering a sense of ownership and incentivizing them to contribute to the company's profitability.
These incentives and pay-for-performance plans vary across different employers and industries. Researching articles or websites on the Top 100 Employers to Work for in can provide more specific information on the incentives and pay-for-performance plans offered by particular companies.
Learn more about purchase here:
https://brainly.com/question/31035675
#SPJ11
Use the following information for questions 4 and 5 An investor with $1,000,000 forms an investment portfolio. He invests $200,000 in Stock Q, $300,000 in Stock R, $150,000 in the risk-free security, and the remaining wealth in the market portfolio. The beta for stock Q is 1.5, and the beta for the investment portfolio is 1.12. The retum on the risk-free rate is 2.50%, and the market portfolio's expected return is 10.80%. 4. What is the expected return for stock Q and stock R ? a. Expected return on Q=12.25%; expected return on R=6.65%. b. Expected return on Q=13.87%; expected return on R=9.75%. c. Expected return on Q=14.95%; expected return on R=5.27%. d. Expected return on Q=14.95%; expected return on R=15.50%. e. None of the above
Given,An investor with $1,000,000 forms an investment portfolio. He invests $200,000 in Stock Q, $300,000 in Stock R, $150,000 in the risk-free security and the remaining wealth in the market portfolio. The beta for stock Q is 1.5, and the beta for the investment portfolio is 1.12.
The return on the risk-free rate is 2.50%, and the market portfolio's expected return is 10.80%.Expected return of Stock Q:rf = 2.5%Rm = 10.8%bQ = 1.5Er(Q) = rf + bQ (Rm – rf) = 2.5% + 1.5 (10.8% – 2.5%)Er(Q) = 14.95%Expected return of Stock R:rf = 2.5%Rm = 10.8%bR = (1.12 – 1.5) = -0.38Er(R) = rf + bR (Rm – rf) = 2.5% + (-0.38) (10.8% – 2.5%)Er(R) = 5.27%Hence, the expected return for stock Q is 14.95% and for stock R is 5.27%.
Thus, the correct option is c. Expected return on Q=14.95%; expected return on R=5.27%.
To know more about market visit:
brainly.com/question/15483550
#SPJ11
If managers can reduce the costs associated with operating a
property or the revenue the property can generate can be increased
then the Net Operating Income of the property can be increased.
True
False
The statement "If managers can reduce the costs associated with operating a property or the revenue the property can generate can be increased then the Net Operating Income of the property can be increased" is true.
Reducing operational costs or increasing revenue are both ways to enhance the net operating income (NOI) of a property.
Net Operating Income (NOI) is a critical metric in real estate, as it provides an indication of the operational profitability of a property. By successfully decreasing operational costs, such as maintenance or utilities, the NOI can be increased because less money is being spent to operate the property. Similarly, increasing the revenue generated by the property, whether through rent increases or new revenue streams, can also boost the NOI by bringing in more income. Hence, strategic management of costs and revenues is key to maximizing the NOI of a property.
Learn more about Net Operating Income here:
https://brainly.com/question/33547076
#SPJ11
As of the first quarter of 2009, the largest net lender to the economy was:
Select one:
OA. U.S. Govenrment
OB. The World Bank
C. U.S. Investment Banks
OD. The Federal Reserve
OE. U.S. Households
As of the first quarter of 2009, the largest net lender to the economy was U.S. Households. This may include details about the first quarter of 2009, which was a tough time for the US economy, with the housing bubble bursting and causing a ripple effect across several industries.
The economy was also experiencing a recession, which was the most severe since the Great Depression. During this time, various lenders and organizations were involved in lending to the economy, with US households coming out on top as the largest net lender. This is because during this period, many households decided to reduce their spending to build up savings and weather the economic storm. They were also repaying their debts, leading to an increase in household savings.
This resulted in a surplus, which helped them become the largest net lender to the economy.The other options in the question, such as the U.S. government, The World Bank, U.S. Investment Banks, and The Federal Reserve, were not the largest net lender during this period. The U.S. government was involved in different stimulus packages to help boost the economy and stabilize the markets. The Federal Reserve implemented several policies to help combat the recession and stabilize the economy.
To know more about the economy, visit:
https://brainly.com/question/29892424
#SPJ11
s Suppose the real rate is 2.5% and the inflation rate is 4.1%. What rate would you expect to see on a Treasury bill? (Round the final answer to 2 decimal places.)
A Treasury bill rate is the rate of return that an investor receives on U.S. Treasury bills. The United States government issues Treasury bills to raise funds to finance its operations.
These securities are low-risk, high-liquidity assets that are also used as a benchmark to price other types of debt instruments.
Suppose the real rate is 2.5% and the inflation rate is 4.1%. The Fisher effect formula is Nominal rate = Real rate + Expected inflationNominal rate = 2.5% + 4.1%Nominal rate = 6.6%Therefore, the expected rate that you would expect to see on a Treasury bill is 6.6%.Answer: 6.6%.
To know more about Treasury bill visit:
https://brainly.com/question/15234748
#SPJ11
Consider a simplified example of two countries - Singapore and Indonesia - producing two goods – telecommunications equipment and electrical circuit apparatus. Using all its resources, Singapore can produce either 50 telecommunications equipment, or 100 electrical circuit apparatus. Using all its resources, Indonesia can produce either 1,000 telecommunications equipment, or 5,000 circuit apparatus.
It is found that contrary to the above, there is no complete specialisation in both Singapore and Indonesia. Instead, Singapore partially specialises in telecommunications equipment, producing 40 units, while Indonesia partially specialises in electrical circuit apparatus, producing 4,000 units. Using the Heckscher-Ohlin theory instead of the Ricardian theory, demonstrate this observation. You are required to draw intuitive reference to the real-world context. Elaborate on the consequent trade effects, using diagrams where necessary.
The Heckscher-Ohlin theory explains the observed partial specialization of Singapore and Indonesia in the production of telecommunications equipment and electrical circuit apparatus.
According to the theory, countries specialize in producing goods that intensively use their abundant factors of production. In this case, Singapore, with its relatively abundant resources in skilled labor or capital, specializes in producing telecommunications equipment. Conversely, Indonesia, with its relatively abundant resources in unskilled labor, specializes in producing electrical circuit apparatus.
To demonstrate this, we can compare the relative factor endowments of the two countries. Singapore has a higher relative abundance of skilled labor or capital compared to Indonesia, while Indonesia has a higher relative abundance of unskilled labor. This difference in factor endowments leads to the observed pattern of partial specialization.
The trade effects of this partial specialization are as follows: Singapore will export more telecommunications equipment to Indonesia, and Indonesia will export more electrical circuit apparatus to Singapore. This trade allows both countries to benefit from their comparative advantages and increases overall welfare by expanding the availability of goods in both countries. The trade flows will be driven by the differences in factor endowments and comparative advantage between the two countries, as predicted by the Heckscher-Ohlin theory.
To know more about Heckscher-Ohlin theory : brainly.com/question/30645422
#SPJ11
EAuction and EMarketplace are two competing internet auction sites, where buyers and sellers transact goods. Each auction site earns money by charging sellers for listing their goods. EAuction has decided to eliminate fees for the first transaction for sellers that are new to its site. Explain why this is likely to be a good strategy for EAuction in its competition with EMarketplace.
This is probably a smart move because b) EAuction waives first-time user fees to draw in new clients, anticipating that vendors will stick around to avoid the hassle of moving websites.
Sellers will bring their goods on the platform to sell on it if they like E Auction. Additionally, more sellers indicate more products and choices for customers. E Auction can compete with E Marketplace by eliminating fees for new sellers. More vendors will join the platform as a result of lowering the cost of selling on E Auction, increasing rivalry with E Marketplace.
E Marketplace filed a complaint with the Competition Bureau alleging that E Auction's policy of waiving fees for new sellers was anti-competitive and would result in the monopolization of the online auction sector. E Marketplace is incorrect since it is not anti-competitive for E Auction to waive fees for new sellers.
To know more about E Auction:
https://brainly.com/question/25636882
#SPJ4
Correct question:
EAuction and EMarketplace are two competing internet auction sites, where buyers and sellers transact goods. Each auction site earns money by charging sellers for listing their goods. EAuction has decided to eliminate fees for the first transaction for sellers that are new to its site. Explain why this is likely to be a good strategy for EAuction in its competition with EMarketplace.
Why is this likely to be a good strategy for EAuction in its competition with EMarketplace?
a) Internet auction sites are characterized by network externalities. Having more sellers on its site means more revenue for EAuction.
b) EAuction eliminates first-time user fees to attract new customers, hoping that sellers will stay just to avoid the inconvenience of switching sites.
c) Internet auction sites are characterized by network externalities. EAuction's fee elimination attracts first-time sellers to the site, generating network externalities for the other sellers who already sell their wares on EAuction.
d) Eliminating transaction fees lowers the cost of selling at EAuction. EAuction is effectively lowering its prices to attract more sellers.
Q1. As discussed in a lecture/presentation, which of the following is not typically considered a target group for marketers who utilize sales promotion in their IMC plan? Group of answer choices
1. Consumers
2. Company sales representatives
3. Wholesalers & retailers
4. Media firms
5. All of the above are targets for sales promotion, as discussed.
All of the above are targets for sales promotion, as discussed.
In an IMC (Integrated Marketing Communications) plan, sales promotion is commonly used to target specific groups of stakeholders. Consumers, company sales representatives, wholesalers & retailers, and media firms are all typically considered target groups for marketers who utilize sales promotion. Sales promotion techniques are designed to incentivize and motivate these groups to take specific actions that benefit the brand or company.
For example, consumers may be offered discounts or free samples, sales representatives may receive bonuses for meeting targets, wholesalers & retailers may be given special promotions or incentives for stocking and promoting the product, and media firms may be engaged in cooperative advertising or sponsorships. Therefore, option 5 is correct, as all of the above groups are potential targets for sales promotion in an IMC plan.
To know more about IMC related question visit:
https://brainly.com/question/30389494
#SPJ11
Does the DHS accomplish what the law says it should? Is it too
big? Should DHS be changed or abolished? Why, or why not? Some
opinion based parts to the question.
The Department of Homeland Security (DHS) is a federal agency established by the US government to ensure the safety of the country's infrastructure and citizens. DHS is responsible for securing the borders, preventing terrorism, and managing disasters that may occur within the United States.
Does the DHS accomplish what the law says it should?DHS is responsible for protecting the US against terrorist attacks and has been successful in preventing several attacks. DHS has also been involved in identifying and capturing criminal and illegal activities along the border. They have been able to reduce illegal immigration to a great extent. Therefore, it can be concluded that DHS does accomplish what the law says it should.Is it too big.The DHS is one of the largest federal agencies in the US government, consisting of numerous departments, including FEMA, ICE, TSA, and others.
It has a budget of over $40 billion, and its operations are spread throughout the country. Therefore, many believe that DHS is too big and bureaucratic.Should DHS be changed or abolished,It's a matter of debate whether DHS should be changed or abolished. Some believe that the department should be abolished as it is too big, bureaucratic, and expensive.
To know more about abolished visit:
brainly.com/question/19955080
#SPJ11
Suppose an automobile company has the following rules. Cars would be leased for a maximum of 5-years The highest usage allowed during the lease period is 70,000 miles. If the lessee goes beyond this limit, a penalty of 25 cents per mile is added to the lease cost. The distribution of miles driven on 5-year leases follows the normal distribution. The mean is 57,000 miles and the standard deviation is 5,000 miles. Answer the following: What percent of the leases will yield a penalty because of excess mileage? [2 marks] If the automobile company wanted to change the terms of the lease so that 20% of the leases went over the limit, where should the new upper limit be set? [2 marks] a. b. C. One definition of a low mileage car is one that is 5-years old and has been driven less than 48,000 miles. What percentage of the cars returned are considered low mileage? [2 marks] Question 5: The government's corporate governance team has 12 members, 7 male and 5 female. In light of the recent debacle at Rogers Telecommunication the government has decided to commission an inquiry. Three of the 12-member corporate governance team will form the team that will conduct the inquiry. The members will be chosen in random. a. What is the probability that all three members chosen will be female? [2 Marks] b. What is the probability that all three members chosen will be male?
The percent of leases that will yield a penalty due to excess mileage is approximately 0.47%. The new upper limit for mileage should be set at 52,800 miles. the probability that all three members chosen for the inquiry will be female is approximately 0.0455 or 4.55%. the probability that all three members chosen for the inquiry will be female is approximately 0.0455 or 4.55%. the probability that all three members chosen for the inquiry will be male is approximately 0.1591 or 15.91%.
1. The percent of leases that will yield a penalty because of excess mileage can be found by calculating the probability that the mileage exceeds 70,000 miles. Since the distribution of miles driven on 5-year leases follows a normal distribution with a mean of 57,000 miles and a standard deviation of 5,000 miles, we can use z-scores to find the probability.
First, we calculate the z-score for 70,000 miles:
z = (70,000 - 57,000) / 5,000 = 2.6
Using a standard normal distribution table or calculator, we can find the probability associated with a z-score of 2.6. Let's assume it is P(Z > 2.6) = 0.0047. Therefore, approximately 0.47% of the leases will yield a penalty because of excess mileage.
2. If the automobile company wants 20% of the leases to go over the mileage limit, we need to find the new upper limit for mileage. We need to find the z-score associated with the desired probability of 20%. Using the standard normal distribution table or calculator, we find that the z-score for a probability of 0.20 is approximately -0.84.
To find the new upper limit, we can use the formula:
new upper limit = (z-score * standard deviation) + mean
Plugging in the values, we get:
new upper limit = (-0.84 * 5,000) + 57,000 = 52,800
Therefore, the new upper limit for mileage should be set at 52,800 miles.
3. To find the percentage of cars returned that are considered low mileage (less than 48,000 miles), we can use the normal distribution again. Calculate the z-score for 48,000 miles:
z = (48,000 - 57,000) / 5,000 = -1.8
Using a standard normal distribution table or calculator, we can find the probability associated with a z-score of -1.8. Let's assume it is P(Z < -1.8) = 0.0359. Therefore, approximately 3.59% of the cars returned are considered low mileage.
4. For the probability that all three members chosen for the inquiry will be female, we need to calculate the probability of choosing a female member for each of the three slots and multiply them together.
The probability of choosing a female member for the first slot is 5/12.
The probability of choosing a female member for the second slot, given that the first member was female, is 4/11.
The probability of choosing a female member for the third slot, given that the first two members were female, is 3/10.
Multiplying these probabilities together, we get:
(5/12) * (4/11) * (3/10) = 0.0455
Therefore, the probability that all three members chosen for the inquiry will be female is approximately 0.0455 or 4.55%.
5. Similarly, the probability that all three members chosen for the inquiry will be male can be calculated in the same manner:
(7/12) * (6/11) * (5/10) = 0.1591
Therefore, the probability that all three members chosen for the inquiry will be male is approximately 0.1591 or 15.91%.
To know more about probability click here: brainly.com/question/30034780
#SPJ11
Project L requires an initial outlay at t=0 of $45,000, its expected cash inflows are $11,000 per year for 9 years, and its Wacc is 8%. What is the project's discsunte payback? Do not round intermediate calculations. Round your answer to two decimal places. years
The discounted payback period of Project L is found to be 5.21 years.
Discounted payback period is the time it takes for an investment to recoup its original cost in present value terms. To calculate it, we must first determine the net present value (NPV) of cash inflows.
Calculation of discounted payback period is done using the following formula:
discounted payback period = n + (Unrecovered Cost at the end of period / Cash flow during period)
n = Last year with a negative NPV
Unrecovered cost = Original investment – Sum of the discounted cash flows
Let's find the discounted cash flows for this project.
The given data is:
Initial outlay (at t=0) = $45,000
Expected cash inflows = $11,000 per year for 9 years
WACC = 8%
The formula to find the discounted cash flows is:
DCF = CF / (1 + r)n
CF = Cash flow
r = WACC
n = Time period
The discounted cash flows for Project L are as follows:
CF0 = -$45,000
CF1 = $11,000
CF2 = $11,000
CF3 = $11,000
CF4 = $11,000
CF5 = $11,000
CF6 = $11,000
CF7 = $11,000
CF8 = $11,000
r = 8%
We can now calculate the NPV and unrecovered cost of each year:
Year 0:$45,000
Year 1:$11,000 / (1 + 8%)^1 = $10,185.19
$45,000 - $10,185.19 = $34,814.81
Year 2: $11,000 / (1 + 8%)^2 = $9,436.01
$34,814.81 - $9,436.01 = $25,378.80
Year 3: $11,000 / (1 + 8%)^3 = $8,655.33
$25,378.80 - $8,655.33 = $16,723.47
Year 4: $11,000 / (1 + 8%)^4 = $7,962.39
$16,723.47 - $7,962.39 = $8,761.08
Year 5: $11,000 / (1 + 8%)^5 = $7,348.64
$8,761.08 - $7,348.64 = $1,412.44
Year 6: $11,000 / (1 + 8%)^6 = $6,806.84
$1,412.44 / $6,806.84 = 0.21 years
Know more about the discounted payback period
https://brainly.com/question/25534287
#SPJ11
At
the end of every 6 months, Parvati deposited $200 into a savings
account that paid 3.5%/a compounded semi-annually. She made the
first deposit when her son was 6 months old and the last deposit on
The amount of money in the savings account will be $810.57 when her son was 6 years and 6 months old.
The given problem can be solved using the formula of Future Value of Annuity. The formula is given as:
FV of Annuity = PMT [(1 + i)^n - 1] / i
Where,PMT = Payment made in regular intervals,
n = Number of regular intervals,
i = Rate of interest per regular interval
FV of Annuity = $200 [(1 + 0.035/2)^(12/6) - 1] / (0.035/2)
FV of Annuity = $200 [1.035^2 - 1] / 0.0175
FV of Annuity = $200 [0.071225] / 0.0175
FV of Annuity = $810.57
Therefore, the amount of money in the savings account when her son was 6 years and 6 months old was $810.57.
Know more about the savings account
https://brainly.com/question/30101466
#SPJ11
Johnston Industries' common stock trades for $40 and has a beta of 1.25. The market return and risk-free rate are 16% and 2%, respectively. Johnston's constant dividend growth rate is 4%. Find the next dividend to be paid. Round intermediate steps to four decimals.
The next dividend to be paid by Johnston Industries is approximately $34.78. To find the next dividend to be paid by Johnston Industries, we need to use the constant dividend growth model. The formula for the constant dividend growth model is as follows:
D1 = D0 × (1 + g),
where:
D1 = Next dividend to be paid
D0 = Current dividend
g = Dividend growth rate
In this case, the current dividend (D0) is not provided. However, we can use the dividend yield and the stock price to calculate it. The dividend yield is the annual dividend divided by the stock price.
Dividend yield = D0 / Stock price
Since the dividend growth rate (g) is given as 4%, we can calculate the current dividend (D0) using the dividend yield and the stock price.
Dividend yield = D0 / Stock price
D0 = Dividend yield × Stock price
To calculate the dividend yield, we can use the formula:
Dividend yield = (1 + g) / (1 + r),
where:
g = Dividend growth rate
r = Required rate of return
In this case, the required rate of return (r) is the risk-free rate plus the product of the market risk premium (the market return minus the risk-free rate) and the stock's beta.
r = Risk-free rate + Beta × (Market return - Risk-free rate)
Let's calculate the dividend yield and the next dividend:
First, calculate the required rate of return:
r = 0.02 + 1.25 × (0.16 - 0.02)
r = 0.02 + 1.25 × 0.14
r = 0.02 + 0.175
r = 0.195
Next, calculate the dividend yield:
Dividend yield = (1 + 0.04) / (1 + 0.195)
Dividend yield = 1.04 / 1.195
Dividend yield ≈ 0.8695
Finally, calculate the next dividend:
D0 = Dividend yield × Stock price
D0 = 0.8695 × $40
D0 ≈ $34.78
Therefore, the next dividend to be paid by Johnston Industries is approximately $34.78.
To know more about dividend visit :
https://brainly.com/question/30030205
#SPJ11