Baker Corp. pays a constant $1.8 dividend on its stock. The company will maintain this dividend for the next 15 years and will then cease paying dividends forever. If the required return on this stock is 5 percent, what would the current share price be

Answers

Answer 1

Answer:

1.8 divided by 15 easy

Explanation:

0. somthing


Related Questions

What are some possible effects of demonstrating prejudice toward others in a healthcare setting? Check all of the boxes that apply. o negative impact on the healing ability of a patient who is targeted by prejudice positive impact on how comfortable a patient feels positive influence on a patient's emotional health increased risk for a patient to develop additional health problems positive impression on a patient about the healthcare facility​

Answers

Answer:

A) Negative impact on the healing ability of a patient who is targeted by prejudice

D) Increased risk for a patient to develop additional health problems

Explanation:

I got it wrong for you can I have brainliest?

Answer:

Person above is correct.

Explanation:

on Edge

The appropriate section in the statement of cash flows for reporting the purchase of land in exchange for common stock is: Multiple Choice Operating activities. Financing activities. Investing activities. In a note to the statement or in a separate schedule. Reconciliation of cash balance.

Answers

The purchase of land in exchange for common stock should be adequately reported in cash flows statement through the Schedule of Non-cash investing or financing activity.

Basically, the non-cash investing and financing activities entails use of some financial tools (not cash) to make an investment or purchase.

The examples of transaction reported as non-cash investing and financing activities is  taking out of loan or signing a note payable.

In conclusion, the purchase of land in exchange for common stock should be reported in the schedule of Non-cash investing or financing activity.

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Brenda and Felicity each deposit $200 in the same type of interest-earning
retirement account each month. Brenda began at age 30, and Felicity began
at age 40. Assuming they each retire at 67, which statement is true?
A. Felicity will have more money in her retirement account.
B. They will both have the same amount of money in their retirement
accounts.
C. Brenda will have more money in her retirement account.
D. Neither of them will be able to use the money in their retirement
accounts until several years after they retire.

Answers

Answer:

c

Explanation:

Assuming they each retire at 67, the statement is true  Brenda will have more money in her retirement account. Thus the correct option is C.

What is a retirement account ?

A retirement account is referred to as a type of saving account in which teh pension and other benefits received by an individual during their course of career will be collected which helps them during their age of retirement when they do not have any active source of income.

In the example, it is stated that Brenda and Felicity each contribute $200 each month to the same kind of interest-bearing retirement account. Felicity started at age 40, while Brenda started when she was 30.

Assuming that each retires at 67, Brenda will have more money in her retirement account as she started putting the amount earlier than the  Felicity, so have more savings than Felicity.

Therefore, option C is appropriate.

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All of the following is true about CRM, or Customer Relationship Management except:______.
a. It is an enterprise software
b. Accounting department uses it to facilitate billing
c. It is replacing the human resource department
d. It is the processes a company uses to track and organize all aspects of customer encounters

Answers

Answer:

B

Explanation:

The purpose of CRM is not to replace the human resource department.

Considering the available options, the statement that is not true about CRM or Customer Relationship Management is "Accounting department uses it to facilitate billing."

CRM is an enterprise software with a rough global market value of over $40 billion.

Because it is an automated system, many firms are now using it to replace the human resource department.

Also, CRM is known for being a process that a company uses to monitor and oversee all aspects of customer relations.

Hence, in this case, it is concluded that the correct answer is option B. "Accounting department uses it to facilitate billing."

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When you are saving money you are: A:gathering B:cutting back C:discounting D:accumulating​

Answers

Answer:

accumulating?

Explanation:

Imagine that you are a management coach and one of your clients, a new manager, says, “I’ve heard that about two thirds of managers fail within 18 months. I don’t want to be part of that statistic! I’ve heard that asking questions and really listening to people’s responses is key to success. But as a manager, shouldn’t I have the answers? Why should I be asking questions?” How do you respond?

CHECK ALL THAT APPLY
- Asking employees questions helps develop their critical thinking skills.
- Asking employees questions boosts their morale by helping them feel like experts, even though they’re not.
- Asking employees questions enhances their sense that the manager is the only person they should be in dialogue with, so they start talking less to each other.
- Asking employees how to solve problems empowers them to arrive at solutions to which they’re committed.

Answers

Answer:

✔ Asking employees questions helps develop their critical thinking skills.

✘ Asking employees questions boosts their morale by helping them feel like experts, even though they’re not.

✘ Asking employees questions enhances their sense that the manager is the only person they should be in dialogue with, so they start talking less to each other.

✔ Asking employees how to solve problems empowers them to arrive at solutions to which they’re committed.

Explanation:

A manager who asks questions with a sincere interest in the answers is engaging in dialogue similar to a “regular” back-and-forth conversation, and this authenticity builds trust and promotes the open exchange of ideas. Another key benefit is that having employees think about questions, rather than just telling them information or telling them what to do, engages their critical thinking skills—which are key skills for organizational success. Also, when employees are asked how to solve problems, they are likely to have more buy-in to the solution they arrive at than to a solution imposed on them. Many people are motivated by feeling as though their ideas make a positive difference.

Lower-level employees are often the experts in operational details and often have more direct contact with customers than higher-level managers, so they have tremendous expertise that can and should be tapped. Asking employees questions begins an organizational dialogue that can lead to a decentralized communication network, in which employees freely exchange ideas with one another and not just with their manager.

Montgomery Corp. has been paying dividends of $0.90 per share. Assume it has a cost of equity capital of 8.5%. Estimate the stock value per share of Montgomery Corp. using the dividend discount model (DDM) under each of the following separate assumptions:
1) The dividend will continue to stay at $0.90 per share in the future
2) The dividend will be $0.90 for the next two years and then will grow at a rate of 3.5%
(Please show your calculations)

Answers

1. The stock value per share of Montgomery Corporation is $10.59 ($0.90/8.5%).

2.  The stock value per share of Montgomery Corporation is $18 ($0.90/ (8.5% -3.5%).

Data and Calculations:

Dividend per share = $0.90

Cost of equity = 8.5%

Growth rate after two years =3.5%

The stock value is determined with the following formula:

P =  D(1)/(r - g)

P = stock price

D (1) = value of next year dividend

r = constant cost of equity capital

g = constant growth rate in perpetuity

Thus, the stock price of Montgomery Corp. will be $10.59 without factoring in the growth rate of 3.5%. The stock price will be $18 per share with the growth rate.

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Lopez Company is considering replacing one of its old manufacturing machines. The old machine has a book value of $47,000 and a remaining useful life of five years. It can be sold now for $57,000. Variable manufacturing costs are $47,000 per year for this old machine. Information on two alternative replacement machines follows. The expected useful life of each replacement machine is five years.
Machine A Machine B
Purchase price$ 118,000$ 131,000
Variable manufacturing costs per year21,000 14,000
(a) Compute the income increase or decrease from replacing the old machine with Machine A.
(b) Compute the income increase or decrease from replacing the old machine with Machine B.
(c) Should Lopez keep or replace its old machine

Answers

a) The income increase from replacing the old machine with Machine A is $21,800 ($56,400 - $44,600 + $10,000).

b) The income increase from replacing the old machine with Machine B is $26,200 ($56,400 - $40,200 + $10,000).

c) The Lopez Company should replace its old machine, preferably with Machine B.

Data and Calculations:

Current selling price =$57,000

Gain from the sale of old machine = $10,000 ($57,000 - $47,000)

                                                  Old Machine    Machine A     Machine B

Book value                                     $47,000

Purchase price                                                    $118,000        $131,000

Variable manufacturing costs        47,000           21,000            14,000

Estimated remaining useful life    5 years           5 years          5 years

Fixed costs per year                      $9,400        $23,600        $26,200

Total costs (variable + fixed)       $56,400        $44,600        $40,200

Comparative income increase       $0                $11,800         $16,200

Total income increase                    $0               $21,800        $26,200 ($16,200 + $10,000)

Thus, it is economically better for Lopez to sell its old machine, replacing it with Machine B, which reduces the total costs per year.

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Imagine being an advisor to Hank Harris. What would you suggest should be Seller's Lab competitive strategy going forward

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Seller's lab can use either the cost leadership, cost focus, differentiation leadership, or differentiation focus strategy depending on the situation of the company.

A competitive strategy is a defined plan that allows a company to:

Increase its profits.Have an advantage over competitors.Adress customers' needs.

In marketing, four main strategies can be used depending on the situation and objectives of each company

Cost leadership strategy: The purpose of this strategy is to have lower costs than similar companies, which increases profit.Cost focus: This strategy aims at reducing costs to increase profit.Differentiation leadership: This strategy aims at making the company's products unique in comparison to similar companies.Differentiation focus: This strategy focuses on adding special characteristics to products, which can influence customers' loyalty.

Note: This question is incomplete because there is no information about Seller's lab. Due to this, I answered it based on general knowledge.

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Can anybody help explain how to address issues that hamper individuals performance.

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Answer:

Not every employee performance review that comes in will be positive. Targets will be missed, employees will underperform and as a people manager, you’ll need to find a way to either improve the situation or part ways with the employee.

When it comes to the challenging task of addressing employee performance issues, the key is to focus on potential solutions, rather than problems. Here’s how.

It’s difficult to talk about poor performance with employees, but avoiding the problem will only prolong the tough discussion. Be specific and state the problem clearly so that your employee understands what’s going on. Encouraging words are okay to share, but the employee needs to walk away knowing what the problem was and how to improve.

When it comes to improving employee performance, it is worthwhile to customize your approach. You may have to deal with each employee differently to get the same results. Know what motivates your employees, when to step in softly, and when to simply be direct.

Sometimes employees are fully aware of their performance issues but are unable to improve the situation on their own. It’s important to listen to an employee’s concerns during the performance review.

The exchange of factors of production for income occurs in the
market.

Answers

Answer: Factor!

Explanation:

just took the test 2021

The exchange of factors of production for income occurs in the factor market.

What is production?

Production alludes to the number of units a firm results over a given timeframe. A firm that works effectively ought to achieve sound information. The variables of creation are a significant monetary idea illustrating the components expected to deliver a decent or administration available to be purchased.

A market is a market where variables of creation are traded. Factor markets dispense elements of creation, including area, work and capital, and appropriate pay to the proprietors of useful assets, like wages, rents, and so forth.

Factor markets are the business sectors where the elements of creation are exchanged. Land, work, and capital are found in customary component markets.

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List five kinds of harm that could occur to your own personal computer. Estimate the likelihood of each, expressed in number of times per year (number of times could be a fraction, for example, 1/2 means could be expected to happen once every two years). Estimate the monetary loss that would occur from that harm. Compute the expected annual loss from these kinds of harm.

Answers

The most frequent damages in computers are: Blue screen, Ram problems, continuous shutdown, slow performance, and virus infection.

Blue screen. It is estimated that it can happen 1/2 per year. It is one of the most common computer problems. Generally, it indicates a serious problem, which may be hardware or driver related, so the repair value is high, about $ 50.

RAM problems. It is estimated that it can happen 2/4 per year. It is a problem that is caused by misconfiguration, or a RAM slot is not fitting correctly, which causes it to not work. Its repair is worth about $ 25.

The computer shuts down by itself or restarts itself. It is estimated that it can happen 12/20 times per year. This damage is caused by lack of maintenance in the hardware or problems with the software. For example, if there is dust accumulated on the fans, this obstructs the air and does not allow the computer to cool properly, causing it to shut down. Your repair is worth about $ 50.

Slow performance. It is estimated that it can happen 45/50 times per year. This damage is caused by different factors. However, the most common is the lack of maintenance. Your repair costs about $ 15.

Computer infected with viruses. It is estimated that it can happen 6/10 in a year. Viruses are a type of software that can harm your computer and related systems. Your repair costs about $ 20.

According to the above, the total estimated cost per year for the computer fix is ​​$ 160.

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You are studying to be an accountant. During school breaks, you work part-time at a large company that sells its stock on the stock exchange. To help you understand how investments work, you bought 100 shares of stock in this company.
While doing the bookkeeping, you discover the company just had a very bad financial quarter. You anticipate the price for the company stock will fall substantially once that information is made public. You decide to sell your shares immediately to avoid a significant loss. You direct your stockbroker to sell your stocks and are able to complete the transaction before this news gets out.
Have you done anything illegal by selling your stock when you did?
A. No, you are entitled to utilize all information available when deciding whether to buy or sell stock.
B. Yes, it is illegal for an employee of a company to buy or sell company stock.
C. No, shareholders can sell or buy stock anytime they wish.
D. Yes, you will be liable for insider trading based on the misappropriation theory.

Answers

Misappropriation theory states that when an individual uses insider information in trading securities has therefore committed securities fraud against the information source. Therefore, Yes, you will be liable for insider trading based on the misappropriation theory.

In the United States, a person who is guilty based on the misappropriation theory can be convicted of insider trading.

An individual is said to be guilty of insider trading when they have acted on privileged knowledge in order to make a profit.

Conclusively, she is guilty as she uses the information obtained from the financial books to her advantage.

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3. Cash and credit sales, with returned merchandise. (a) Merchandise is sold for $340 cash. (b) $30 of merchandise sold for $340 is returned for refund. (c) Merchandise is sold on account for $280. (d) $25 of merchandise sold for $280 is returned for a credit. (e) Payment is received for balance owed on merchandise sold on account.

Answers

Answer:

The payment received is 1200

A(n) _____ is an arrangement where workers who don't join a union must make payments equal to union dues and fees to get union representation services.

Answers

Workers who don't join a union must make payments equal to union dues and fees to get union representation services in an agency shop

A(n) agency shop is an arrangement where workers who don't join a union must make payments equal to union dues and fees to get union representation services.

Agency is a business relationship in which a principal gives a legal right to an agent to act on his behalf. The agent acts on behalf of the principal when dealing with a third party.

Therefore, workers who don't join union in an agency shop must pay equal union dues and fees.

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As a department manager, you have decided to purchase two projectors to be installed in two of the conference rooms. Your brother has just started his own business in office supplies. He is able to provide you the two projectors with no installation cost. What might you want to consider? Please provide 4 answers.​

Answers

In this situation, you need to consider factors such as total costs if you get the projectors from your brother, the total costs for getting the projects with a different supplier, the ethical implications, and the long-term effects.

If you are the manager of this company, your main objective is to get the protectors you need and get them installed. Moreover, as a manager you want the cost to be as lowest as possible without getting into ethical issues or obtaining a low-quality product.

In this context, as a manager you will need to consider these four aspects:

Total costs if you get the projectors from your brother: Getting the projectors from your brother rather than from a regular supplier can work only if the projectors are high quality and the price is lower than other alternatives:Total costs for getting the projects with a different supplier: As a manager, you need to consider other suppliers different from your brother and compare the costs of the alternatives.The ethical implications: Even if getting the projector from your brother is cheaper this has ethical implications because you are choosing him based on a family bond rather than on objective factors such as quality or price.Long-term effects:  As a manager, you will not consider the long-term effects such as how long will the durability of the projectors or the long-term ethical implications.

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XYZ Company had 200,000 shares of common stock outstanding on December 31, 2020. On July 1, 2021, XYZ issued an additional 44,000 shares for cash. On January 1, 2021, XYZ issued 16,000 shares of convertible preferred stock. The preferred stock had a par value of $100 per share and paid a 6% dividend. Each share of preferred stock is convertible into 8 shares of common. During 2021, XYZ paid the regular annual dividend on the preferred and common stock. Net income for the year was $270,000. Required: Calculate XYZ's basic and diluted earnings per share for 2021. (Round your answers to 2 decimal places.)

Answers

The XYZ Company's basic earnings per share are $0.71, while the diluted earnings per share are $0.72.

Data and Calculations:

Outstanding Common stock shares on Dec. 31, 2020 = 200,000 shares

July 1, 2021, Issuance of 44,000 shares

Total outstanding common stock

January 1, 2021, Issuance of 16,000 convertible preferred stock

Par value of preferred stock = $100 per share

The Dividend rate of preferred stock = 6%

Convertibility of preferred stock = 8 common shares

Net income = $270,000

Preferred dividend = $96,000 ($1,600,000 x 6%)

Earnings for common stockholders = $174,000 ($270,000 - $96,000)

Basic earnings per share = (Net income - Preferred Dividend)/244,000

= ($174,000)/244,000

= $0.71

Convertible Preferred into Common stock = 128,000 (16,000 x 8) shares

Total shares = 372,000 (244,000 + 128,000)

Diluted earnings per share = $270,000/372,000

= $0.73

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Explain the characteristics of public limited companies

Answers

Explanation:

Life span

Number of shares

Financial privacy

Darren believed in saving money and followed a strict monthly budget. He wanted to invest his savings in a safe option that paid more than his savings account and he was content with earning a lower, consistent amount of money. He did not want to worry about losing any money with market changes. Which type of investment below should Darren consider? CDs Business startups New stock offerings Junk bonds

Answers

The type of investment that Darren should consider based on the information will be a certificate of deposit.

A certificate of deposit simply means a savings account that holds a fixed amount of money for a particular period of time. A business startups, new stock offerings, and junk bonds have higher risks.

Since believed in saving money and following a strict monthly budget, and he is content with earning a lower, consistent amount of money, then he should invest in a certificate of deposit (CDs).

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Wrinkles Away Inc. is entering a foreign market and is spending significant funds on educating customers about their line of wrinkle-reducing skincare products. These costs are an example of _____ costs.

Answers

The costs that Wrinkles away is spending to educate customers is what is referred to as the pioneering costs.

The pioneering costs are those costs that come up due to the fact that the foreign business is way different from what works in the home market.

As a result of this, the business firm has to spend quite an amount of its financial, time and effort resources to learn more about the market.

The business has to send its money to educate the users on the product that they have in the market.

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a deductible of $500 requires ( select the correct answer )

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Answer:

ɴᴏ ᴘɪᴄ sᴏʀʀʏ :(( ʙʏᴇ :)))

A $500 deductible means you'll pay $500 out of pocket after an accident, and your insurer will pay for the rest of the damages up to your policy limits. This deductible amount is a common choice for drivers. If your car repairs are less than your $500 deductible, you won't be able to file a claim.

The following diagram shows the five styles of handling conflict. Select the correct label for each. Then read the scenario and determine which conflict-handling style to use in the given situation.

WORD BANK
- compromising
- collaborating
- dominating
- accommodating
- avoiding

Answers

Answer:

A. dominating

B. collaborating

C. compromising

D. avoiding

E. accommodating

Handling conflict in simple words we can say that it usually means handle a situation or the problem.

What is Handling style?

Handling style are known to be the principles which gradually underline the methods which the managers use to handle situations.

The conflict handling style which would be used as per the diagram would be as The following diagram in the question shows the five styles of handling conflict it would be used as.

A. dominating

B. collaborating

C. compromising

D. avoiding

E. accommodating

Therefore in  Handling style every manager has his own style of handling employees.

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In a(n) ________, an individual or firm contracts with a parent company to set up a business or retail outlet.

Answers

There are different kinds of businesses. In a franchise system. an individual or firm contracts with a parent company to set up a business or retail outlet.

Franchising is simply known to be a type of contractual system. It is often used to commercialize products, services or technology.

There are five major types of franchises. They are: job franchise, product franchise, business format franchise, investment franchise and conversion franchise.

A franchise (or franchising) is simply known as a process of sharing products or services involving a franchisor, who establishes the trademark of the brand of a business system, and a franchisee, who is responsible for paying a royalty under the franchisor's name and system.

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Suppose Malaysia's production possibilities include a maximum of 120 units of rice or 300 units of lumber, and Canada's production possibilities include a maximum of 200 units of rice or 200 units of lumber. Then suppose each country initially allocates 50% of its labor to producing each product. a) Total production by the two countries equals tons of rice and ft3 of lumber. b) Now suppose that Malaysia increases the labor it allocates to lumber by 10%. Its lumber production rises by and its rice production falls by . c) Of Canada allocates its labor to increase its rice production by exactly the amount that Malaysia's rice production fell, by how much must its lumber production fall

Answers

A) the total production of Malaysia would be 60 tons of rice and 150 ft3 of lumber, and the total production of Canada would be 100 tons of rice and 100 ft3 of lumber; B) the production of rice would fall by 6 tons and the production of lumber would rise by 15 ft3; and C) Canada's lumber production would fall by 10 ft3.

Supposing Malaysia's production possibilities include a maximum of 120 units of rice or 300 units of lumber, and Canada's production possibilities include a maximum of 200 units of rice or 200 units of lumber, and supposing each country initially allocates 50% of its labor to producing each product, to determine A) the total production by the two countries equals tons of rice and ft3 of lumber, B) now supposing that Malaysia increases the labor it allocates to lumber by 10%, the number by which its lumber production rises by and its rice production falls by, and C) if Canada allocates its labor to increase its rice production by exactly the amount that Malaysia's rice production fell, by how much must its lumber production fall, the following calculations should be performed:

A)

120 x 0.5 = 60 300 x 0.5 = 150 200 x 0.5 = 100

B)

50 x 1.1 = 55 120 x 0.45 = 54 300 x 0.55 = 165

C)

200 x 0.55 = 110 200 x 0.45 = 90

Therefore, A) the total production of Malaysia would be 60 tons of rice and 150 ft3 of lumber, and the total production of Canada would be 100 tons of rice and 100 ft3 of lumber; B) the production of rice would fall by 6 tons and the production of lumber would rise by 15 ft3; and C) Canada's lumber production would fall by 10 ft3.

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Imagine that in 2019 the economy is in long-run equilibrium. Then stock prices rise more than expected and stay high for some time. Refer to Scenario 33-2. In the short run what happens to the price level and real GDP

Answers

In the short-run, the effect on the price level and the real GDP is a. Both the price level and real GDP rise.

Since the economy is in long-run equilibrium in 2019, and the stock prices unexpectedly rise and stay high for a long time, it means that the price level does not:

Rise while the real GDP falls Fall while the real GDP rises Fall with the real GDP.

Question Options:

a. both the price level and real GDP rise.

b. the price level rises and real GDP falls.

c. the price level falls and real GDP rises.

d. both the price level and real GDP fall.

Thus, in the short-term of this economy both the price level and real GDP rise.

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On January 1, Year 1, Kennard Co. issued $2,000,000, 5%, 10-year bonds, with interest payable on June 30 and December 31 to yield 6%. The bonds were issued for $1,851,234. a. Prepare an amortization schedule for Year 1 and Year 2 using the effective interest rate method. Round answers to the nearest dollar. Enter all amounts as positive numbers.

Answers

The Amortization Schedule for Kennard Co. using the effective interest rate method is as follows:

Date                     Cash           Interest     Amortization          Balance

                         Payment      Expense                  

Jan. 1, Yr 1                                                                                $1,851,234

June 30 Yr 1    $50,000        $55,537        $5,537               $1,856,771

Dec. 31 Yr 1     $50,000        $55,703        $5,703               $1,862,474

June 30 Yr 2  $50,000        $55,874        $5,874               $1,868,348

Dec. 31, Yr 2  $50,000        $56,050        $6,050              $1,874,398

Data and Calculations:

Face value of bonds = $2,000,000

Bonds Proceeds =            1,851,234

Bonds Discounts =           $148,766

Maturity period = 10 years

Coupon interest rate = 5%

Market interest rate = 6%

Payment of interest = June 30 and December 31 annually

June 30, Year 1:

Interest Expense = $55,537 ($1,851,234 x 6% x 1/2)

Cash payment =    $50,000 ($2,000,000 x 5% x 1/2)

Amortization of discount = $5,537 ($55,537 - $50,000)

Bonds Payable value = $1,856,771 ($1,851,234 + $5,537)

December 31, Year 1:

Interest Expense = $55,703 ($1,856,771 x 6% x 1/2)

Cash payment =    $50,000 ($2,000,000 x 5% x 1/2)

Amortization of discount = $5,703 ($55,703 - $50,000)

Bonds Payable value = $1,862,474 ($1,856,771 + $5,703)

June 30, Year 2:

Interest Expense = $55,874 ($1,862,474 x 6% x 1/2)

Cash payment =    $50,000 ($2,000,000 x 5% x 1/2)

Amortization of discount = $5,874 ($55,874 - $50,000)

Bonds Payable value = $1,868,348 ($1,862,474 + $5,874)

December 31, Year 2:

Interest Expense = $56,050($1,868,348 x 6% x 1/2)

Cash payment =    $50,000 ($2,000,000 x 5% x 1/2)

Amortization of discount = $6,050 ($56,050 - $50,000)

Bonds Payable value = $1,874,398 ($1,868,348 + $6,050)

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Mega Corporation repurchased 1,000 shares of its $1 par value common stock for $8,000. The effect of this transaction on the accounting equation includes a(n) ______. (Check all that apply.) Multiple select question. decrease in assets increase in assets increase in liabilities decrease in stockholders' equity increase in stockholders' equity decrease in liabilities

Answers

Answer:

Decrease in assets

Decrease in stockholder’s equity

A(n) select an option standard is expressed as a unit amount while a(n) select an option budget is expressed as a total amount.

Answers

A budget expresses a total amount while a standard expresses a unit amount.

A budget refers to the total projected revenues, costs, or expenses. A standard refers to the projected amount per unit of product or per unit of input or per unit of output.

The difference between a standard and a budget is that a budget expresses a total amount while a standard expresses a unit amount.

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Service providers like cable companies have tiered pricing and also charge their customers according to a schedule of fees. Sometimes customers are able to negotiate for a lower price by getting fees or service charges waived for a certain amount of time if they contact customer service and threaten to cancel their service. The flexibility on the part of service providers is an attempt to practice:_________

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The flexibility on the part of service providers is an attempt to practice Perfect Price discrimination.

A Price discrimination is a pricing strategy that tends to charges consumers different prices for similar goods or services.

Here, because of the customer negotiate for a lower price with threat to cancel the service if not agreed encourages price discrimination because the firm will not want to lose customer.

Therefore, the flexibility on the part of service providers is an attempt to practice Perfect Price discrimination.

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Is Cab Service in the UK is Excellent Choice for Transport?

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Cab services are the best option for transportation in the UK.

Cabs are a type of personalized transport that works in the United Kingdom, this service offers several advantages compared to taxis such as:

It is cheaper than taxis.It is more comfortable and less disturbing.They have several options for the number of people traveling.They can be booked easily and quicklyOffers a much faster transportation service than buses or black taxisIt is available 24 hours a day, 7 days a week.

Based on the above, it can be inferred that Cabs are the best transport service in the UK.

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