Clint wants to write a proposal to update computer software. he knows his manager is not very familiar with technology or interested in the subject. how should clint apply this knowledge when writing his proposal?

a.
clint should use a formal style and define technological terms with which his manager may be unfamiliar.

b.
clint should get right to the point.

c.
clint should define technological terms with which his manager may be unfamiliar and include material aimed at persuading him to care.

d.
clint should provide details to introduce himself and include material aimed at persuading his manager to care.

What is the most important type of decision that the financial manager makes?

The next dividend payment by savitz, inc., will be $2.08 per share. the dividends are anticipated to maintain a growth rate of 6 percent forever. if the stock currently sells for $42 per share, what is the required return?

Guardian inc. is trying to develop an asset-financing plan. the firm has $450,000 in temporary current assets and $350,000 in permanent current assets. guardian also has $550,000 in fixed assets. assume a tax rate of 40 percent. a. construct two alternative financing plans for guardian. one of the plans should be conservative, with 70 percent of assets financed by long-term sources, and the other should be aggressive, with only 56.25 percent of assets financed by long-term sources. the current interest rate is 12 percent on long-term funds and 7 percent on short-term financing. compute the annual interest payments under each plan.