Calculate your productive versus non-productive work time

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1. Phoenix produces dividends in four consecutive years of 0.32, 0.62, 0.82, and 0.92 respectively. The dividend in year five is estimated to be 1.05 and should grow in perpetuity at 3% thereafter. Given a discount rate of 10%, what is the price of the stock today?

2. As the nurse manager of the new observation unit, you will need to work with your human resource department to calculate your productive (actual) versus non-productive (NP) work time to ensure accuracy in your budget. Each one of your employees receives the following NP time:

8 holidays a year

10 vacation days a year

5 sick days a year

3 personal days a year

Assuming all employees have the same amount of NP time, calculate the direct nursing staff NP time for the new observation unit.

Reference no: EM131989967

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