What is a similarity between goods and services?
What will be an ideal response?
Both undergo a transformation process.
Business
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Milton-Normand Inc. obtains a return of 13.5% from total invested capital of $790.6 million. Calculate the net profit it generates
A) $325.3 million B) $159 million C) $84.7 million D) $233.5 million E) $106.7 million
Business
Korver Inc. just paid a dividend of $0.73. Its stock has a dividend growth rate of 5.62% and a required return of 10.21%. What is the current stock price if we anticipate dividends stopping in 20 years?
A) $8.62 B) $9.62 C) $10.62 D) $11.62
Business