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The press report carried the following news item: General Motors, Ford, and Chrysler are expected to post losses on fourth-quarter operations despite sales gains. Automakers' revenues are based on factory output rather than retail sales by dealers, and last quarter's sales increases were from the bulging inventories at the end of the third quarter, rather than from models produced in the fourth quarter.
Required:
Discuss likely accounting-based reasons that contribute to these expected fourth-quarter losses of automakers.
discuss financial management in nonprofit organizations and write an essay that compares and contrasts the application
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Value a Constant Growth Stock Financial analysts forecast Safeco Corp.’s (SAF) growth rate for the future to be 8 percent. Safeco’s recent dividend was $0.88. What is the value of Safeco stock when the required return is 12 percent? (LG8-5)
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