The firm's sustainable growth rate, given the net income, and the dividend payout percentage, is 26.67%.
How to find the sustainable growth rate?The highest rate of growth that a business or social enterprise may sustain without using more equity or debt to fund expansion is known as the sustainable growth rate (SGR).
The formula for the sustainable growth rate is therefore :
= Return on equity x ( 1 - Dividend payout percentage )
This is the same as:
= (Net income / Equity ) x ( 1 - Dividend payout percentage )
= 20 / 60 x ( 1 - 20 %)
= 1 / 3 x 80 %
= 26. 67 %
Find out more on sustainable growth rate at https://brainly.com/question/28327185
#SPJ1
How did the world's per capita income and the degree of income inequality change between 1800 and 1980?
Per capita income expanded by approximately tenfold and income inequality increased. The boom in the stock market, the high interest rates offered on certificates of deposit and other similar assets.
The capita income property prices for much of the 1980s are all blamed for the increase in net worth of wealthy Americans. Since measurements started in 1915, there have been significant swings in income inequality, which peaked in the 1920s and then declined between 2007 and 2012 . From from 1979 to 2007, inequality climbed significantly, then somewhat decreased until 2016 before rising again from that year to 2018. From 12.90 in 2020 to 13.53 in 2021.
To learn more about inequality, click here.
https://brainly.com/question/28823603
#SPJ4
which of the following is an important advantage of discretionary monetary policy? question 10 options: avoiding the time inconsistency of policy problem limiting the opportunities for abuse of power by policymakers flexibility to deal with changing economic conditions influencing the political business cycle
Flexibility to deal with changing economic conditions influencing the political business cycle.
What is business cycle?Business cycles are intervals of expansion followed by recession in economic activity. These changes have implications for the welfare of the broad population as well as for private institutions. In essence, business cycles are marked by the alternation of the phases of expansion and contraction in aggregate economic activity, and the comovement among economic variables in each phase of the cycle. Aggregate economic activity is represented by not only real (i.e., inflation-adjusted) GDP—a measure of aggregate output—but also the aggregate measures of industrial production, employment, income, and sales, which are the key coincident economic indicators used for the official determination of U.S. business cycle peak and trough dates.to learn more about inflation refer to:
https://brainly.com/question/777738
#SPJ4
which organization, representing 90 percent of the world economy, aims to bring greater stability to the global financial system?
The G-20 organization, which represents 90% of the global economy, seeks to increase the stability of the international financial system.
What do you mean by G-20?⇒ The Group of Twenty, or G20, is an intergovernmental organization made up of the European Union and 19 other nations (EU). It strives to address important global economic concerns like international financial stability, reducing greenhouse gas emissions, and sustainable development. The majority of the world's top economies, both industrialized and developing countries, make up the G20, which represents two-thirds of the world's population, 60% of its land area, and about 80% of global trade.
In 1999, the G20 was established in response to various global economic problems.
Since 2008, it has met at least once year, with summits attended by the heads of state or government of each member, as well as the foreign and finance ministers and other top officials,
To learn more about G-20,visit:
brainly.com/question/1539634
#SPJ4
why do you think increasing economic growth and ensuring access to health care and quality education help to lower population growth and fertility rates?
Increased education also contributes positively to other factors that minimize fertility rates, such as greater use of contraception, better childhood fitness and women's participation in the workforce.
How does fertility price have an effect on population growth?Assuming no internet migration and unchanged mortality, a complete fertility charge of 2.1 youth per woman ensures a broadly stable population. Together with mortality and migration, fertility is an aspect of populace growth, reflecting each the motives and consequences of economic and social developments.
Why is it important to minimize fertility rate?The primary motive is simple: a discount in fertility costs would accelerate labor force growth relative to population growth.
Learn more about fertility rate here:
https://brainly.com/question/985712#SPJ4in the manufacture of 10,000 units of a product, direct materials cost incurred was $145,700, direct labor cost incurred was $85,000, and applied factory overhead was $47,500. what is the total conversion cost?
Conversion cost refers to all the costs of converting or turning raw materials into finished goods.The total conversion cost is $119,500.
How are the conversion costs determined? Simply summing up all direct labor costs and manufacturing overhead costs yields conversion costs.The labor costs that can be directly linked to a product are known as direct labor costs. Conversion cost refers to all the costs of converting or turning raw materials into finished goods. Conversion cost can therefore be obtained by deducting the cost of raw materials from the cost of production. This implies that conversion cost is the the addition of direct labor costs and manufacturing costs.Based on the above explanation, total conversion cost for this question can therefore be calculated as follows:
Total conversion cost =
Direct labor cost + Applied factory overhead
= $82,000 + $37,500 = $119,500
Therefore, the total conversion cost is $119,500.
To learn more about conversion cost refer
https://brainly.com/question/17035468
#SPJ4
Question 6(Multiple Choice Worth 4 points)
(02.08 LC)
Which type of professional would help the government determine where to set the price of oranges for U.S. markets?
O Consumers
O Economists
O Exporters
Importers
Answer:
Explanation:
Economists
harold owns an apple orchard in the state of washington. milo has permission to come onto the property and take apples to sell. this right is known as a(n) .
This right is known as a profit. A profit is the right to enter someone else's property and remove a portion of it or a product from it.
What is the right of profit?In the law of real property, a profit (short for profit-à-prendre in Middle French for "advantage or benefit for the taking") is a nonpossessory interest in land similar to the more well-known easement that grants the holder the right to take natural resources such as petroleum, minerals, timber, and wild game.
Which condition must be met in order to obtain a patent?It must be legal to use the invention (subject matter eligible) It must be a brand-new invention. There must be a use for the invention. It must not be a commonplace invention.
To know more about law of real property, visit:
brainly.com/question/12374755
#SPJ4
on august 1, gnb enterprises signs a contract for insurance coverage for 12 months at $3,500 per month. the coverage begins on september 1. gnb pays $21,000 upfront on september 1 and will pay the remainder of the insurance at the end of the contract. what are the journal entries for gnb on september 1 and december 31?
According to the declaration, prepaid insurance for six months costs $21,000, while insurance that has lapsed through December 31 costs $14,000.
What do you mean when you say insurance?Insurance is a tool for risk management. You acquire protection against unforeseen losses incurred when we purchase insurance. If anything unpleasant happen to you, an insurance company compensates you or someone else of your choosing.
Briefing:Step: 1
The first record for GNB is as follows;
Prepaid Insurance = $21,000 (Dr)
Cash = $21,000 (Cr)
(To record insurance paid on September 1)
Insurance would be listed as prepaid because $21,000 was paid a fee for it.
Step: 2
Insurance expired for the period 1 Sep to 31 Dec (that is for 4 months):
Insurance expired = 3,500 * 4 = 14,000
Insurance will pay is $ 21,000 for a period of six months, and it expires after four months, from September 1 to December 31.
Step: 3
Journal entry on December 31 for GNB is prepared:
Insurance Expense = $14,000 (Dr)
Prepaid Insurance = $14,000 (Cr)
(To record insurance expired for 4 months)
Insurance expenditure will be recorded for any coverage that has expired.
Therefore, prepaid insurance for 6 months = $21,000
Expired insurance till 31 December = $14,000
To know more about Insurance visit:
https://brainly.com/question/989103
#SPJ4
a. span of control b. area of responsibility c. management depth d. hierarchy of authority e. span of direction
The span of management is the number of employees who directly report to a boss or leader (or span of management).
What is management's primary definition?The arrangement and coordination of actions to accomplish a goal is management. Establishing the creative mission and organizing staff efforts to achieve these goals while utilizing the resources at hand are example of these administrative functions.
What exactly do we mean by management?Write about management. Based on the concept of management, an individual or group of individuals must be questioned and managed in order to attain desired goals and objectives. Organizing, supervising, and directing people is another aspect of management.
To know more about management visit:
https://brainly.com/question/29023210
#SPJ4
taking an entry-level position makes it difficult to advance in a career you want to explore. true or false?
False. taking an entry-level position makes it difficult to advance in a career you want to explore.
What is an entry-level position?Jobs classified as entry level often call for little in the way of education, experience, or training. There are entry-level positions accessible in every sector. Some of these might demand advanced academic training, while others might call for specific abilities, information, or methods.
In a sense, an entry-level position serves as the company's beginning point. Because it involves less competence, it often pays less than a higher-level position. However, it can offer priceless training and job experience that will enable you to succeed in your industry in the future.
Read more on entry level position here:https://brainly.com/question/20487903
#SPJ1
why is it a good idea to hire a hospitality designer for all but the very smallest renovation projects?
It a good idea to hire a hospitality designer for all but the very smallest renovation projects because designers know about the most current construction materials and technology.
What does building designers do?Designers often prepare, self-check, and maintain entire sets of construction drawings as well as guarantee that all projects comply with regulatory norms. They also provide architectural designs and construction documentation and offer technical assistance to contractors.A person with training in the planning, design, and supervision of building construction is an architect.Designers use their expertise to offer aesthetic value while assisting in the design of interior components such as space flow, influencing style, and material selection. While architects prepare precise drawings of the structure to make sure the building complies with all applicable codes.For the complicated architectural needs of their clients, project designers provide solutions. They are in charge of initiating and developing project concepts and plans, as well as making presentations and creating drawings.Learn more about building designers refer to :
https://brainly.com/question/7472215
#SPJ4
which country has been devastated by the spilling of 9 million barrels of oil into its river system due to the poor environmental record of transnational oil corporations operating within its borders?
Nigeria has been devastated by the spilling of 9 million barrels of oil into its river system due to the poor environmental record of transnational oil corporations operating within its borders
Conflict in the Niger DeltaThe present Niger Delta conflict developed in the early 1990s as a result of conflicts between international oil firms and a number of the Niger Delta's minority ethnic groups, mainly the Ogoni and the Ijaw, who believe they are being exploited. Despite the restoration to democracy and the election of the Obasanjo administration in 1999, ethnic and political turmoil persisted throughout the 1990s. Struggle for oil revenue has spurred conflict between ethnic groups, forcing the militarization of practically the whole region by ethnic militia groups, Nigerian military and police units, particularly the Nigerian Mobile Police. The violence has contributed to Nigeria's ongoing energy supply issue by preventing foreign investment in new power production units in the region.
To learn more about Nigeria Conflict Refer:
https://brainly.com/question/6745851
#SPJ4
recent corporate scandals that have shaken the public's faith in business leadership have brought increased attention to what area of leadership?
Recent corporate scandals that have shaken the public's faith in business leadership have brought increased attention to the Employee-focused leadership area of leadership.
People-centered leaders intentionally and consistently put people first. We encourage ideas, creativity, healthy communication, and innovation within our teams to retain the best employees and foster the support they need to achieve company-wide goals.
People-centered leadership styles emphasize interpersonal relationships and can be associated with a participatory approach in which leaders seek to involve others in the process, such as subordinates, peers, superiors, and other stakeholders. (Saiyadain, 2003).
Need coaching leadership style focused on subordinates. Managers need to be “submission-centric” rather than “manager-centric”. In other words, it's time to stop thinking about your men and about yourself and your own survival.
Learn more about leaders intentionally https://brainly.com/question/25927714
#SPJ4
cush currently sells 14,800 pairs of shoes annually at an average price of $59 a pair. it is considering adding a lower-priced line of shoes that will be priced at $39 a pair. the company estimates it can sell 6,000 pairs of the lower-priced shoes annually but will sell 3,500 less pairs of the higher-priced shoes each year by doing so. what annual sales revenue should be used when evaluating the addition of the lower-priced shoes? multiple choice $27,500 $24,000 $31,300 $789,100 $900,700
Sales revenue will be considered when analyzing such a proposal $900,700 plus the previous revenue equals $873,200. $27,500 is the difference in the revenue increase.
Explain about the sales revenue?
Sales revenue is the money that a company receives through the sale of its goods or the provision of its services. In the context of accounting, the terms sales and revenue are frequently used to refer to the same thing. It's important to understand that revenue doesn't necessarily equal money received.
Revenue and sales revenue are frequently used interchangeably. Revenue, however, also includes money received from sources that aren't specifically related to the primary business, including interest from savings or dividend payments. The money earned from the selling of products and services is known as sales revenue. It is referred to as non-operating income in this context.
Current sales revenue is $59,4800, which equals $873,200.
If lower-priced shoes are also sold, the sales revenue will be as follow
Reduced cost = 6,000 $39 = $234,000
High price: 59 cents (14,800 minus 3,500), or $666,70
Total income is $900,700.
Since sales of shoes with cheaper prices also generated money that was more than the initial revenue. Sales will be completed.
To learn more about sales revenue refer to:
https://brainly.com/question/28020216
#SPJ4
a good job description for a salesperson a) should be somewhat vague in order to give salespeople some flexibility. b) has nothing to do with the selection of new salespeople. c) lists the specific tasks that salespeople are expected to do. d) should not be used as a basis for performance evaluation. e) takes a personal commission for every sale made.
Takes a personal commission for each of the transaction made is a decent job profile for a salesperson.
What is a salesperson's job?Simply put, a salesperson builds a company's reputation while promoting its products or services. They manage customer relationships and serve as the main point of contact from the alpha wave outreach to the actual transaction.
What are the fundamentals of selling?Turning an opposition into an opportunity is one of the fundamental sales talents you need to learn. Strong salespeople can understand a prospect's concerns, probe further, and provide clarification to help this same prospect get past their reservations.
To konw more about salesperson visit:
https://brainly.com/question/14704056
#SPJ4
a business corporation that acts to ensure its employees are treated fairly and its operations minimally impact the environment is applying the concept of
Corporate social responsibility is the practice of a business organization to guarantee that its workers are treated properly and that its operations have the least possible negative environmental effects.
What exactly does corporate social responsibility mean for a business?Corporate social responsibility (CSR) advocates for companies to consider how their actions may impact society and the environment.
The contribution that a firm provides to society's well-being is referred to as "corporate social responsibility," a term that is now in use. The phrase "triple bottom line" is widely used in this context to allude to People, Planet, and Profit.
What advantages does corporate social responsibility provide for a company?CSR is crucial for a business's reputation, ability to attract customers, employees, and investors, as well as for keeping top talent on board and attaining overall economic success. A company could engage in volunteer work, charitable work, ethical labor practices, and environmental activities, which are the four different CSR initiatives.
Learn more about Corporate social responsibility: https://brainly.com/question/13528806
#SPJ4
why would a business choose to implement a business intelligence (bi) software system that their employees are already familiar with?
A business would choose to implement a business intelligence (BI) software system that their employees are already familiar with user familiarity will make the implementation easier and as seamless as possible.
What is a business intelligence BI system?Business intelligence systems combine data collection, data storage, knowledge management, and data analysis with data evaluation and transformation to assess and transform complex data into meaningful, actionable information.
However, for the four fundamental components of business intelligence, the data or the raw data, the data access, analytics, data access, and presentation. Three main components make up the business intelligence infrastructure, the reporting structure, set of extraction operations, and embedded analytics are all integrated right out of the box with the application.
To learn more about business intelligence systems, visit:
https://brainly.com/question/28166677
#SPJ1
Making a good first impression is one of the most important components of an effective presentation.
a, true
b. false
Your audience's attention can be drawn in and held throughout your presentation if you make a strong initial impression. Yes, it does improve your standing as a speaker.
Presentation? Why do you bring that up?
Through a presentation, a speaker educates an audience. The typical goals of a presentation are to inform, persuade, inspire, motivate, encourage goodwill, or recommend a novel product or service. Speeches, introductions, seminars, and displays are all examples of presentations.
What makes presentations crucial?
When making interesting and entertaining slides to accompany their talks, students using presentation skills might come up with original ideas. The development of presentation tools can help students feel more confident and can make talks much more interesting.
To know more about presentation visit:
https://brainly.com/question/27776703
#SPJ4
identify the following as either causes or effects of domestication. keep in mind that some choices might be both causes and effects.
The causes of domestication are:
Natural climate change
Population growth
What does domestication mean in business?Domesticating a business includes relocating an established business to a new state. Domestication is the process of changing your company's residence and charter to a different state. When a company organization gets domesticated, its prior location is given up in favor of a new one in a state that permits it.
Domestication permits the business to keep its original date of incorporation, its current federal tax identification number, bank accounts, licenses, and lines of credit. Domestication is the process by which a business or nonprofit entity that is established, organized, or otherwise constituted under the laws of one jurisdiction (U.S. state or foreign country), transfers its domicile to another jurisdiction through merger, consolidation, or any other legitimate way.
The effects of domestication are:
Development of cities
Population growth
To learn more about consolidation, visit:
https://brainly.com/question/28290315
#SPJ1
Which country has an absolute advantage for producing books?
units of books produced per hour per worker units of bags produced per hour per worker
singapore 10 5
china 8 9
russia 7 7
spain 5 8
a. china
b. russia
c. singapore
d. spain
The correct answer is C) "Singapore"
An absolute advantage takes place when a firm or company is able to produce a good or service at a lower cost per unit than any other. It is able to generate a larger number of product units with the same amount of inputs than other producers, and therefore its production process is the most efficient one.
In the example, Singapore is able to produce the largest amount of book units given the same amount of inputs that the other countries. Therefore, its production system is the most efficient and it is the country that holds the absolute advantage.
Learn more about Singapore here https://brainly.com/question/25773221
#SPJ4
5. Which option defines a tax benefit? (1 point)
A. a type of tax form that needs to be completed each year.
B. some type of savings for taxpayers
C. a government loan
D. a government bond affiliated to tax collection
Option D. a government bond affiliated to tax collection defines a tax benefit.
The required details about tax collection is mentioned in below paragraph.
Tax collections way all bills obtained on or with admire to the Included Leases or the associated Equipment which are Excluded Amounts on account of any taxes, expenses or different prices imposed through any Governmental Authority.In order to garner profits for the authorities to finance social projects, tax is amassed from people and businesses via direct tax and oblique tax. These tax collections shape the authorities's sales. Revenue receipts may be of types — non-tax sales and tax sales.Collecting taxes and expenses is a essential manner for countries to generate public sales that make it viable to finance investments in human capital, infrastructure, and the availability of offerings for residents and businesses.
To learn about tax collection visit here.
https://brainly.com/question/1082765
#SPJ1
Answer: some type of savings for taxpayers
Explanation:
Use this chart to answer the following questions.
QUARTER
DIVIDEND DIVIDEND FOR 55 SHARES
1 $.50/share 27.50
2 $.35/share 19.25
3 $.62/share
4 $.50/share 27.50
Total Dividends for 1 Year
What was the dividend paid for 55 shares of the stock during the third quarter?
The dividend paid for 55 shares of the stock during the third quarter is: $108.35.
What is dividend?Dividend can be defined as the amount that companies pays to their shareholder as profit.
Now let find the dividend:
Dividend= $27.50 + $19.25 + (55 ×$.62/share) + $27.50
Dividend= $27.50 + $19.25 + $34.10 + $27.50
Dividend= $108.35
Therefore the dividend is the amount of $108.35.
Learn more about dividend here:https://brainly.com/question/2960815
#SPJ1
a company had a market price of $39.00 per share, earnings per share of $2.00, and dividends per share of $1.15. its price-earnings ratio equals:
The company's price to earnings ratio, given the market price and the earnings per share, is 19. 50 times.
What is the price to earnings ratio?The link between a company's stock price and earnings per share is known as the price-earnings ratio (P/E Ratio) (EPS). It is a well-liked ratio that helps investors understand the worth of the organization.
The price you must pay per unit of current earnings is shown by the P/E ratio, which also displays market expectations (or future earnings, as the case may be).
A high P/E ratio may indicate that a company's stock is overpriced or that investors anticipate rapid future growth rates.
The price to earnings ratio can be found by the formula :
= Market price of shares / Earnings per share
= 39 / 2
= 19.50 times
Find out more on price to earnings ratio at https://brainly.com/question/18484440
#SPJ1
if you want to have most of your money by the end of your investment term to come from compound interest, which variables should you maximize?
Investment profits is the money you make from your investments. Different sorts of investments can generate distinct kinds of income. Interest earnings, dividends and capital gains are three frequent sorts of funding income.
How do I compound my money?For compounding to work, you need to reinvest your returns back into your account. For example, you invest $1,000 and earn a 6% charge of return. In the first year, you would make $60, bringing your total investment to $1,060, if you reinvest your return.
Investment income, money earned by way of monetary property or monetary accounts, comes in three fundamental forms: interest, dividends, and capital gains. Bonds generate interest; stocks generate dividends; and capital features (profits) can come from any investment
Learn more about investment here:
https://brainly.com/question/27717275#SPJ4Excess capacity is best described as underused plant resources that are a result of ______. Multiple choice question. A concentration of industry competitiveness combined with an increase in market share a firm producing less output than what is associated with achieving minimum average total cost a firm distinguishing its products through design, related services, quality, or price an industry in which the top four firms are monopolistically competitive
Excess capacity is best described as underused plant resources that are a result of a firm producing less output than what is associated with achieving the minimum average total cost a firm distinguishing its products through design.
In normal language, a mean is an unmarried wide variety taken as a consultant of a listing of numbers, commonly the sum of the numbers divided by way of what number of numbers are within the list (the arithmetic suggest). for example, the average of the numbers 2, three, 4, 7, and nine (summing to twenty-five) is 5. relying at the context, a mean is probably some other statistic together with the median, or mode. for example, the average private earnings is often given as the median—the range below which are 50% of personal incomes and above that are 50% of personal earning—due to the fact the mean would be misleadingly high by along with non-public incomes from some billionaires.
Learn more about average here
https://brainly.com/question/1136789
#SPJ4
The new product process stage of ________ involves positioning and launching a new product in full-scale production and sales
The new product process stage of commercialization involves positioning and launching a new product in full-scale production and sales.
What is commercialization?
Commercialization is the process of bringing new products and services to the market. The broader act of commercialization includes production, distribution, marketing, sales, customer support, and other critical functions essential to the commercial success of a new product or service
Why is commercialization important?Commercialization gives customers a wider range of product choices and allows businesses to generate more revenue, increase efficiency and reduce costs. This is a critical process, as strategic and tactical decisions must be made. They affect the overall success of the product and the company.
Learn more about commercialization:
brainly.com/question/24219749
#SPJ4
describe how the federal government's monetary policies, stock market speculation, and increasing consumer debt led to the great depression.
This resulted in stock market supposition and credit usage. By restricting (limiting) the money supply, the Reserve Bank tried to regulate these practices.
What is the stock market?
The term share market refers to a number of exchanges where shares of publicly traded companies can be bought and sold. Such economic activities are carried out through organized exchange and an over (OTC) marketplaces that follow a set of rules.
What is the best way to put money into the stock market?
One of the most straightforward methods is to create an online brokerage and purchase stocks or equity investments. If you aren't comfy with all of that, you can hire a professional to handle your portfolio for a fee.
To know more about Stock market visit:
https://brainly.com/question/13400473
#SPJ4
ian maitland concludes that which party are in the best position to judge whether the wages offered are superior to their next best alternatives?
In "The Great Non-Debate over International Sweatshops" by Ian Maitland, he concludes that economists and ethicists in the 1st World are in the best position to judge whether the wages offered are superior to their next best alternatives.
An economist is a professional and practitioner within the social technological know-how field of economics. The character may take a look at, develop, and follow theories and concepts from economics and write about financial coverage. within this field there are many sub-fields, starting from the wide philosophical theories to the focused study of minutiae inside particular markets, macroeconomic evaluation, microeconomic evaluation or economic declaration evaluation, regarding analytical strategies and equipment inclusive of econometrics, records, economics computational fashions, financial economics, mathematical finance and mathematical economics.
Learn more about economists here
https://brainly.com/question/17996535
#SPJ4
question content area the adjusting entry to journalize the amortization of a discount on bonds payable includes a
The adjusting entry to journalize the amortization of a discount on bonds payable includes a debit Interest expense, credit discount on Bonds Payable.
What do you mean by a Credit Discount?
Discount credit is a technique for realising receivables in order to deal with cash flow shortages caused by the payment terms given by businesses to their customers. The bank pays the amount corresponding to a commercial paper before its due date, after deducting a fee proportionate to the value of the commercial paper (or bill), the time remaining until maturity, and the given discount rate. Bills of exchange, commercial papers, promissory notes, and, in some cases, warrants are examples of discountable bills.
Because of the administrative burden associated with discount credit, it is rarely used, and factoring is preferred instead.
So, the required answer is debit interest expense, credit discount on Bonds Payable.
To learn more about Credit Discount:
https://brainly.com/question/2264363
#SPJ4
the free cash flow to the firm is reported as $205 million. the interest expense to the firm is $22 million. if the tax rate is 35% and the net debt of the firm increased by $25 million, what is the approximate market value of the firm if the fcfe grows at 2% and the cost of equity is 11%? group of answer choices $2,998 billion $2,168 billion $2,445 billion $2,565 billion
The approximate market value of the firm is $2,444.6 billion, if FCFE grows at 2% and cost of equity is 11%.
What is market value?A resource's market value is the amount it would sell for in a competitive auction setting. Market value, fair value, and open market value are terms that are widely used synonymously, despite the fact that they have diverse meanings under various criteria and may differ in specific circumstances. Market value differs from market price in that the latter is "the price at which one can transact," but the former is, by theoretical definitions, "the genuine underlying value." The idea is most frequently used when markets are inefficient or when there is a state of disequilibrium and market prices do not accurately reflect the genuine worth of the market. Markets must be informationally efficient and dominated by rational expectations in order for price and value to be equal on the open market.
Market Value = ((215.7)1.02)0/ (11%-2%)
=$2,444.6
To learn more about market value, visit:
https://brainly.com/question/19131751
#SPJ4