8.67% e. 7.89% 5. Johnson ’s preferred stock pays a dividend of $1.25 per quarter‚ and it sells for $60.00 per share. What is its effective annual (not nominal) rate of return? a. 8.32% b. 6.82% c. 7.03% d. 8.60% e. 7.47% 6. Bankston Corporation forecasts that if all of its existing financial policies are followed‚ its proposed capital budget would be so large that it would have to issue new common stock. Since new stock has a higher cost than retained earnings‚ Bankston
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The definition of a valid contract is that it complies with all of the legal requirements for a contract. There are several types of contracts. First is a unilateral contract‚ which is one that only one of the parties involved makes the promise. The other party involved would than act in return for the promise stated. A bilateral contract is when both partied make a promise. An implied contract is when there are surrounding circumstances along with facts‚ which show that a promise was created. A
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Case study p.224‚ Questions 1 & 2 p.225. Part Five Video Case Hot Topic: Employees with Passion Hot Topic Incorporated‚ located in City of Industry‚ California‚ is a retailer that licenses various products‚ such as t-shirts‚ clothes‚ and accessories geared toward alternative and pop culture with an emphasis on modern music trends. The average age of the employees at Hot Topic is 25 years old. Hot Topic Incorporated reaches its customers through its two retail store lines—Hot Topic and its
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Principle of Management Week 6 Assignment Loan Ly Professor Baker DeVry University 10/7/2014 1. According to Maslow’s hierarchy‚ which basic needs does the Patagonia culture meet? What would it be like to work at Patagonia? (Hint: Go to Patagonia’s website and find the section on jobs.) What’s your assessment of the company’s work environment? (20 points) 1. The five level of Maslow’s hierarchy of needs Physiological Needs These include the most basic needs that are vital
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Haley Romeros had just been appointed vice president of the Rocky Mountain Region of the Bank Services Corporation (BSC). The company provides check processing services for small banks. The banks send checks presented for deposit or payment to BSC‚ which records the data on each check in a computerized database. BSC then sends the data electronically to the nearest Federal Reserve Bank check-clearing center where the appropriate transfers of funds are made between banks. The Rocky Mountain Region
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Homework Assignment NETW 420 February 15‚ 2014 Professor Viviane Ruiz SNMP stands for Simple Network Management Protocol. SNMP is one example of a management protocol. This is an application layer protocol that helps in administrating and supervising network assets across the web. The SNMP has three key components. They are the managed devices‚ the agents and the network management system. Show below is the relationship between the managed devices‚ agents‚ and NMSs components
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1. Get new review forms and let the new review forms list a few goals for the employee to reach before the next review. 2. Another idea is a peer review‚ which would have everyone in the office fill out a review for each other but not put their name on the top. Then the person giving the review can put these together and get a better feel for how the people that work with the employee each day think they are doing. 3. Take Warren’s advice and expand the numbers to 10 to give the reviewer
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7.29 Effect of circumstances on audit opinion You are an audit partner finalising your 30 June 2015 audits. The following independent and material matters have come to your attention. 1. Food Fund Foundation‚ a charity‚ is a non-reporting entity. As in previous years‚ you have performed the audit in accordance with its constitution. The financial report is prepared by another firm of accountants on behalf of Food Fund’s board of directors‚ because Food Fund does not have the in-house expertise to
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CanGo has moved from a small startup to a recognized growth company having a recent IPO offering. CanGo is currently lacking in a critical area for any business. It needs to focus on Strategic Planning. Strategic Planning will benefit CanGo by allowing it to: 1. Clearly define its goals consistently with its Mission and Vision statement. 2. Communicate effectively its goals to all of the organization. 3. Provide a foundation on which to direct future efforts. CanGo has the layers for a hierarchical
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1. Do you agree with Virgin ’s market diversification strategy? If so‚ what other markets should they pursue? If you disagree‚ what should be their business focus? Diversification is most commonly understood through the financial world‚ where one should have a diverse range of investments. Mixing funds that are countercyclical – the performance of certain funds is not correlated to the performance of others. Usually when one set of funds are down‚ the value of another set of funds is up. This
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