We can imagine the financial manager doing several things on behalf of the firm’s stockholders. For example, the manager might:

a. Make shareholders as wealthy as possible by investing in real assets.

b. Modify the firm’s investment plan to help shareholders achieve a particular time pattern of consumption.

c. Choose high- or low-risk assets to match shareholders’ risk preferences.

d. Help balance shareholders’ checkbooks.

But in well-functioning capital markets, shareholders will vote for only one of these goals.Which one? Why?

Answers

Answer 1

It is c. Choose high-or low-risk assets to match shareholders’ risk preferences

Related Questions

A bachelors degree in which of the following areas is a good choice for an arts an communication manager?
A. business
B. art history
C. theater

Answers

Answer: A) Business.

I hope this helped :)

Drag each label to the correct location on the image.
Match the responsibilities to the relevant personnel of an insurance company.

Answers

A claims representative is an individual who works for an insurance company.

A claims adjuster is an individual who works for an insurance company. Their primary role is to investigate, evaluate, and settle insurance claims on behalf of the insurance company.

Some of the functions and roles of a claims representative and claims adjuster in an insurance company are common like closing a claim or making calculations.

Some are exclusive to one like inspecting the accident site and making report of how much claim has to be paid, these are exclusive to a claims adjuster working in insurance company

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What are some of the benefits of adopting an REA approach?

Answers

Benefits of adopting an REA approach include improved data quality, increased flexibility and scalability, and better decision-making.

The REA (Resources, Events, Agents) approach is a method of designing and implementing accounting information systems (AIS) that is based on a model of business activity. The model is built around three fundamental building blocks: resources, events, and agents. Resources represent the economic assets of a business, events represent the transactions or activities that affect these resources, and agents represent the individuals or organizations that participate in these transactions.

Adopting an REA approach has several benefits, including improved data quality, increased flexibility and scalability, and better decision-making. By focusing on the fundamental building blocks of business activity, an REA-based AIS can capture and store information more accurately and efficiently, resulting in higher data quality. Additionally, an REA-based AIS is more flexible and scalable, allowing it to adapt to changes in the business environment more easily. Finally, an REA-based AIS provides decision-makers with more relevant and timely information, allowing them to make better decisions.

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consults with an employee about her continuing education

Answers

An HR manager consults with an employee about her continuing education options is Training and development

What is the role of training and development in HRM?

In order to help organisations achieve their strategic goals, training and development are essential components of human resource management (HRM). They do this by ensuring that employees have the abilities, knowledge, and skills required to do their jobs well. While development refers to broader learning opportunities that aim to improve an employee's overall skills and capabilities for future roles, training refers to the process of imparting specific skills or knowledge to employees to improve their performance on the job. Employees who participate in training and development programmes can learn new skills, increase their productivity, and show greater interest in their work. They can also aid businesses in luring and keeping top talent by offering chances for career advancement.

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Your restaurant has an annual advertising budget of $6000 and you spent $82.50 per month on social media advertising what percent of your budget is spent on social media advertising.

Answers

Answer:

17%

Explanation:

K 8 A bank holds $10 for every $100 in deposits. The bank wants to hold $7 for every $100 in deposits. The bank holds desired reserves of $14,000 and actual reserves of $29,000. What is the actual reserve ratio, the desired reserve ratio, and the excess reserves? >>> Answer to 2 decimal places.

Answers

The actual reserve ratio is 10%, the desired reserve ratio is 4.8%, and the excess reserves are $15,000.

How did we get the values?

In order to determine the excess reserves, we first determine the deposits. The bank currently holds $29,000 in reserves, and that this represents $10 for every $100 in deposits. Therefore:

$10 / $100 = $29,000 / x

Solving for x, we get:

x = ($29,000 * $100) / $10 = $290,000

So the bank has $290,000 in deposits.

Calculate the actual and desired reserve ratios:

Actual reserve ratio = $29,000 / $290,000 = 0.10 or 10%

Desired reserve ratio = $14,000 / $290,000 = 0.048 or 4.8%

Finally, calculate the excess reserves:

Excess reserves = actual reserves - desired reserves = $29,000 - $14,000 = $15,000

Therefore, the actual reserve ratio is 10%, the desired reserve ratio is 4.8%, and the excess reserves are $15,000.

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How should expatica enter into the international markets ?

Answers

Expatica should enter into international markets by conducting extensive market research to identify potential markets and their unique cultural, economic and regulatory differences.

The process conducting extensive market research to identify potential markets and their unique cultural, economic and regulatory differences will help Expatica to tailor its offerings to meet the specific needs and preferences of each market. The company should also partner with local businesses to gain access to their networks and expertise in navigating the local market. Expatica should establish a strong online presence to reach a wider audience and invest in digital marketing to increase brand visibility and awareness. Additionally, the company should ensure compliance with local laws and regulations, and adapt to local customs and language to establish credibility and build trust with customers. Continuous monitoring of market trends and consumer preferences is crucial to ensure that Expatica remains competitive and relevant in each international market it enters.

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BALANCE SHEETS
1. Complete the balance below for your company you developed earlier in this course (salon)
2. List 3 or more fictional assists and liabilities, and the total equity for your business.
3. List a value for each and make sure that your values balance.
20 pts

Answers

Fictional Assets and Liabilities

Assets

Value of all salon-owned furniture and equipment.Inventory: The total cost of the salon's goods.Intellectual property: The worth of any trademarks or patents that the salon may have.

Liabilities

The sum owing to lenders is known as the loans payable.Taxes Payable: The sum that must be paid in taxes to the government.The total of expenses that have been incurred but not yet been paid.

Balancing Values

Due to the $50,000 total assets for year one and the $50,000 total liabilities and equity, the equity is the negative of the equity balance.

As a result, the significance of the fictional assists and liabilities are the aforementioned.

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Human service organizations can adopt this concept of a _________________who zealously works to spread a successful project throughout the organization.

Answers

Answer:

successful

Explanation:

Human service organizations can adopt this concept of a social intrapreneur or champion who zealously works to spread a successful project throughout the organization.

What is Human Service Organization ?

programs or facilities for addressing the fundamental health, welfare, and other needs of a community or population, such as those of the underprivileged, ill, or aged.

Organizations that provide human services concentrate on problem prevention and solution, and they promote legislative reforms that help vulnerable populations in their areas. Human services organizations come in a wide variety of forms, and each one focuses on helping a particular population.

Addressing the "social determinants of health," including housing, safe neighborhoods, access to food, education, and social connections, human services organizations play a critical role in promoting health.

Human services workers have a significant impact on society since they can use their knowledge to change important societal problems including healthcare, homelessness, and

justice for criminals.

Helping people, often known as clients, overcome their problems and collaborating with them as a whole is the primary objective of human service models (Woodside & McClam, 2015). In this paradigm, the client and the human services worker collaborate closely to identify the client's issue and their capabilities.

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Paul’s grocery received 1,000 pounds of onion at $0.11 per pound. On the average, 3% of the onions will spoil before selling. Find the selling price per pound to obtain a makeup rate of 180% based on cost.

Answers

The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.

What is the selling price per pound for onions?

Total Cost = Quantity * Cost per pound

Total Cost = 1,000 pounds * $0.11/pound

Total Cost = $110

Spoilage Quantity = 3% of Quantity

Spoilage Quantity = 3% of 1,000 pounds

Spoilage Quantity = 0.03 * 1,000 pounds

Spoilage Quantity = 30 pounds

Effective Quantity = Quantity - Spoilage Quantity

Effective Quantity = 1,000 pounds - 30 pounds

Effective Quantity = 970 pounds

Makeup Rate = 180%

Selling Price per pound:

= (Total Cost * Makeup Rate) / Effective Quantity

= ($110 * 1.80) / 970 pounds

= $2.03505/pound.

Answers

Answer:

The antivirus software I use is called Webroot it works wonderfully it catchs virus, threats, and it even as a green check by the website you want to go on meaning it is safe. Moreover it is not a green by it when Webroot when have an orange ! there meaning dangerous. It is worth your money 100%.

Imagine you are in charge of an organisational risk management strategy across three distinct departments of the organisation. The organisation envisions risk as, ‘potential vulnerabilities present across our security landscape leads to exposure which enables a cyber incident against the infrastructure, capability, services and applications, which leads to an impact upon Confidentiality, Integrity and/or Availability resulting in reduced resilience, reduced safety, ineffective capabilities, loss of business services, financial impact and reputational damage to UK Government’.

The risk applies to three main business domains:

1. IT & Infrastructure

2. Equipment

3. Logistics & Support services

Each business domain is managed by a separate Director, but collectively they (all three) own the risk. There is a separate Director who is accountable for the risk, and they report the status to the Executive Board throughout the year.

Given the complexity of the risk and its significant breadth and depth it’s difficult to establish a baseline level of risk exposure – a pre-mitigation level, which represents the whole business (all three domains). Defining the Risk Appetite (RA) is also challenging given the differences across the domains, the views from each Director, the level of resources available etc.

Considering all of the above, answer the following questions,

1. How would a baseline risk level be established? How ISMS and FAIR can be applicable to organisation.

2. What approach could be taken to define a risk assessment and can a single approach work or it will be more appropriate to individually assess for each domain? Along with risk analysis and treatment strategies.

3. How would the effectiveness of controls (risk response) be measured? What can be risk quantification measures and metrics? How to monitor ongoing (residual) risk?

You are expected to use risk assessment methodologies as covered in this module with critical reflection on your choice of risk methodology, and its strengths and limitations.
You have the freedom to select the risk assessment approach.

Answers

Answer:

1. Establishing a baseline risk level involves conducting a risk assessment to identify the potential vulnerabilities, exposures, and impacts within the organisation. This can be done using a risk assessment methodology such as the ISO 27001 Information Security Management System (ISMS) or the Factor Analysis of Information Risk (FAIR). The ISMS provides a framework for managing and protecting sensitive information, while FAIR is a quantitative approach for analyzing and comparing risks. Both of these methods can be applied to the organisation to identify the baseline level of risk exposure.

2. To define a risk assessment and determine the appropriate approach, it is important to consider the specific characteristics of each business domain. A single approach may not be suitable for all three domains, as they may have different levels of risk and require different risk assessment methods. It may be necessary to individually assess each domain and develop a tailored risk assessment and treatment strategy for each. This can be done using a combination of qualitative and quantitative risk assessment methods, such as scenario analysis and Monte Carlo simulations.

3. The effectiveness of controls (risk response) can be measured by comparing the actual results of the risk treatment measures to the expected outcomes. This can be done using metrics such as the cost-benefit ratio, the likelihood of occurrence, and the impact on the organisation's objectives. Risk quantification measures and metrics can also be used to assess the ongoing (residual) risk and monitor it over time. These may include measures such as the annual loss expectancy and the expected loss value.

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Explanation:

If Damien loses his job due to injury, he worries that his family won’t be able to survive without his income. He decides to purchase disability insurance that will provide money for him and his family if he should ever become physically unable to work. By purchasing this type of insurance, from which type of risk is Damien trying to protect himself?

A.
property risk

B.
liability risk

C.
inheritance risk

D.
personal risk

Answers

Damien is trying to protect himself from personal risk by purchasing disability insurance. Hence, Option (D) is correct.

Personal risk refers to the possibility of experiencing a loss in an individual's ability to earn income due to factors such as illness, injury, or disability.

In Damien's case, his concern about losing his job due to injury highlights the potential personal risk he faces. If he becomes physically unable to work, his income could be significantly impacted, which could have severe financial consequences for his family.

By purchasing disability insurance, Damien is taking steps to mitigate the potential loss of income in the event of a disability, ensuring financial support for himself and his family during such circumstances.

Thus, Damien is trying to avoid personal risk on account of any fatal injuries.

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Answer:

Explanation:

Which of these statements about the Customization menu on a Profit and Loss Report are true? (see screen shot)
There’s an option to define the number of accounting periods covered by the report

The filter option only allows filtering by customer

You can drag and drop the columns to reorder them

You can choose the accounting method in the General section

You can select period comparison and add columns to show % of row, income, column, or expense

You can filter by distribution account

Answers

The following statements are true about the Customization menu on a Profit and Loss Report:

You can drag and drop the columns to reorder them. You can choose the accounting method in the General section.You can filter by distribution account.

All those options are actions available to make in the Customization menu on a Profit and Loss Report.

A Profit and Loss Report is what summarizes the income and expenses of a company.

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As a producer and seller of athletic shoes, apparel, and equipment, Nike sells
gross domestic products
goods
services
supplies

Answers

As a producer and seller of athletic shoes, apparel, and equipment, Nike sells goods.

Goods are tangible products that people buy to satisfy their wants and needs. Goods can be classified into two categories: consumer goods and producer goods.Consumer goods are items purchased by consumers for their own use and enjoyment, while producer goods are used by businesses to produce other goods and services.Therefore, Nike sells goods, which are tangible products such as athletic shoes, apparel, and equipment.Nike is a leading producer and seller of athletic shoes, apparel, and equipment. The company is one of the largest players in the sportswear industry and is recognized globally for its high-quality products and innovative designs. As a producer and seller of these goods, Nike contributes significantly to the gross domestic product of many countries. The gross domestic product is the total value of goods and services produced in a country within a particular period.

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On January 1, 2013 Vick Company purchased a trademark for $400,000, which had an estimated useful life of 16 years. In January 2017, Vick paid $60,000 for legal fees in a successful defense of the trademark.

Required:

How much should Vick record as trademark amortization expense for 2017?

Answers

Answer:

$30,000

Explanation:

Usually, patents do not have a salvage value. If the useful life is 16 years, the amortization rate will be 1/16 x 100

=0.0625 x 100

=6.25%

Before January 2017, the trademark had been amortized for four years ( 2013, 2014, 2015, and 2016.)

Amortization per year = 6.25% x $400,000

=0.0625 x $400,000

=$25,000 per year: Four year amortization would be

=$25,000 x 4

=$100,000

The Book value as of January 2017 will be

=$400,000 -$100,000

=$300,000

add legal fee

=$300,000 + $60,000

=$360,000

remaining useful life = 16 -4 years = 12 years.

new depreciation rate = 1/12 x 100

=0.08333

Depreciation amount for 2017

= 0.08333 x $360,000

=$30,000

how long might a workday be during planting and harvesting season? eight to twelve hours twelve to sixteen hours sixteen to twenty hours twenty to twenty-four hours

Answers

Answer:

16-20 hours

Explanation:

Given the competitive landscape in which Lululemon finds itself today, what would you do if you were Chip Wilson?
a. Pursue a proxy fight and try to put in a new set of boardmembers that are more favorable to him.
b. Attempt a hostile takeover of the firm by getting a line of equity and trying to take the company private.
c. Sell his shares and move away from the company.

Answers

The thing I would do if i were Chip Wilson and found myself with the competitive landscape is:

c. Sell his shares and move away from the company.

What is a Competitive Landscape?

This refers to the business analysis which makes use of statistical data and other means to identify potential competitors in the market.

With this in mind and from the complete text, we can see that because Lululemon's stocks fell to 40% after a comment he made, then he would have to sell his shares and leave the company.

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Your supervisor is considering allowing you and your coworkers to use IM. He is interested in how IM works and asks you to identify the drawbacks of using IM in the workplace.
What drawbacks will you mention to your supervisor? Check all that apply.
a) IM is an alternative to phone conversations.
b) IM presents the possibility of privileged information being discussed in public forums.
c) IM can be an additional workplace distraction that keeps employees from focusing on tasks.

Answers

The drawbacks are (b) IM presents the possibility of privileged information being discussed in public forums. and (c) IM can be an additional workplace distraction that keeps employees from focusing on tasks.

What is IM?

Instant messaging (IM) is a type of text-based communication in which two people participate in a single conversation using computers or mobile devices in an Internet-based chatroom.

IM is similar to a text telephone call in that it allows you to communicate IN real time. To initiate an instant message, add the usernames of the individuals you wish to message to your contact list.

Why option (b) and (c) are drawbacks?

(b) - With real-time communication via IM, there is a severe risk of sensitive and privileged information being leaked to an unintended audience and discussed in public forums. This also pertains to the safety of the company's critical data. As a result, it is one of the disadvantages of utilizing IM at work.

(c) - It is a disadvantage of utilizing instant messaging at business. Employees can lose productive time by chatting with colleagues or friends using instant messaging (IM). As a result, IM can be an extra source of distraction at work.

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Identify and use opportunities to make the service provided personal to customers

Answers

Answer:

How did Carter plan to achieve his goals regarding the hostages?

Check all of the boxes that apply.

Convince Iran that the real danger was the Soviet Union, not the United States.

Team up with Iraq to invade Iran.

Get help from other countries to express disapproval of Iran’s actions.

Send many troops in to free the hostages at any cost.

Explanation:

A stockbroker predicts whether a stock will go up or down by tossing a coin and so has a 50% chance of making a correct prediction. Another broker, who is skilled, has a 60% chance of making a correct prediction. You don’t know which broker is which, so you watch their predictions for three days. Each broker gets all three predictions correct. What are the relevant probabilities? How do you decide who is the skilled broker? Search entries or author

Answers

Answer:

A skilled broker will be right at 60% of time compared to 50%

Explanation:

Solution

Given that:

Now,

Let X be represented as = number of correct predictions/outcomes

X foll binomial distribution with n = 3 and p = 0.5 for broker who use a toss coin

Thus,

P(X = 3) = p^3 = 0.5^3 which gives us = 0.125

So,

For a skilled broker, Y goes with the binomial distribution with n = 3 and p is = 0.6

Then,

P(Y = 3) = 0.6^3 = 0.216

We can therefore conclude who is skilled broker by making large number of observations

Hence, we say that a skilled broker will be correct 60% of time compared to 50% .

Job enrichment differs from job rotation in that job enrichment Select one: a. empowers workers by adding more decision-making authority to their jobs. b. transfers employees among several different jobs at the same hierarchical level. c. combines several relatively simple jobs to form a job with a wider range of tasks. d. allows employees to mutually exchange work roles at the same organizational level. e. assesses the relative dollar value of each job to an organization.

Answers

Answer:

a. empowers workers by adding more decision-making authority to their jobs.

Explanation:

Job enrichment differs from job rotation in that job enrichment empowers workers by adding more decision-making authority to their jobs.

Job enrichment can be defined as a strategic approach or technique adopted by organizations, which typically involves the process of adding more authority, dimensions and responsibility to the job of an employee in order to get them motivated and induce greater satisfaction. For example, an employee whose job description is to stock shelves, could be enriched to take customer orders, incoming inventory and closing sales.

On the other hand, job rotation can be defined as the process in which employees are shifted or moved from one job function to another at regular intervals in order to boost their knowledge, skills and experience.

Two different forecasting techniques (F1 and F2) were used to forecast demand for cases of bottled water. Actual demand and the two sets of forecasts are as follows

Period Demand F1 F2

1 68 66 66

2 75 68 68

3 70 72 70

4 74 71 72

5 69 72 74

6 72 70 76

7 80 71 78

8 78 74 80

A.Based on given information, if we use 4-period moving average to predict the demand of period 9, what will the forecast be? (Keep 2 digits after the decimal point.)

B.Based on given information, if we use 4-period weighted moving average, the 4 weights are (0.4, 0.3, 0.2, 0.1), to predict the demand of period 9, what will the forecast be? (Keep 2 digits after the decimal point.)

C.Based on given information, if we use exponential smoothing forecast with a = 0.2 to predict the demand of period 9, what will the forecast be? (Using 68 as forecast demand for period 2, keep 2 digits after the decimal point.)

D.What is the MAD for forecast technique 1?

Answers

Answer:

hey I have the same hw lets do this ill answer this big question but if you answer my questions but it has to be right deal or not deal its just posted

Forecasting is a technique that uses historical data as inputs to make informed estimates that are predictive in determining the direction of future trends.

What is the meaning of Forecasting?

Making future forecasts is a part of forecasting. Companies utilize forecasting in finance to predict earnings or other statistics for upcoming periods. Forecasts are used by traders and analysts in value models, to time trades, and to spot trends. Historical data is frequently the foundation of forecasts.

The process of forecasting entails creating predictions based on historical and current data. These can then be contrasted (resolved) with what occurs. For instance, a business can predict its revenue for the following year and then contrast that prediction with the actual outcomes. A comparable but more broad phrase is prediction.

The act of forecasting involves extrapolating historical sales demand into the future. By putting in place a forecasting system, you can swiftly evaluate current sales and market trends so you can make decisions regarding operations.

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Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?

Answers

The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.

To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.

To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:

NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost

$NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800$

$NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800$

NPV = $3,913.04 + $3,537.41 - $7,800

NPV = -$350.55

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3. As a project manager, you email all team members requesting their feedback on processes and their preferred
method of collaboration. Which aspect of effective team building does this scenario demonstrate?

Answers

The aspect of aspect of effective team building does this scenario demonstrates is "Promote psychological safety" (Option D)

What is Effective Team Building?

Team development is a continuous process that assists a work group in becoming a cohesive one. Not only do team members share expectations for completing group work, but they also trust and support one another and appreciate one another's distinctive characteristics.

It fosters trust, reduces conflict, promotes communication, and fosters collaboration. Effective team building results in more engaged employees, which is beneficial to corporate culture and the bottom line. It may also be exciting and fun if done with a little flair.

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Full Question:

Although part of your question is missing, you might be referring to this full question:

As a project manager, you email all team members requesting their feedback on processes and their preferred method of collaboration. Which aspect of effective team building does this scenario demonstrate?

Answers

Prioritize tasks

Listen and ask questions

Celebrate team success

Promote psychological safety

After year 3, free cash flows are expected to grow at a constant 5% a year indefinitely. The discount rate is 10%. The firm has debt of $50 million, cash of $20 million and has 10,000,000 shares outstanding. What is the price of the stock

Answers

Answer:

The price of the stock = $26.69

Explanation:

Missing question at inception is as follows "A firm expects the following free cash flows: Year 1: $10 million, Year 2: $12 million, Year 3: $15 million"

Year Cash-flows"million D. rate at 10% Discounted cash flows

1 10 0.9091 9.0910

2 12 0.8264 9.9168

3 15 0.7513 11.2695

4 315 0. 7513 236.6595

Total $266.9368

The price of the stock = Total Present value of cash flows / Number of Shares outstanding

The price of the stock = $266,936,800 / 10,000,000 shares

The price of the stock = $26.69368

The price of the stock = $26.69

Thus, the price of the stock is $26.69 per share

Note:

Present value of future cash flows at year 3 = 15*(1.05/10%-5%) = 15*(1.05/5%) = 15 * 21 = $315 million

Discount rate for each year = 1/(1+r)^1 = 1/(1+0.10)^1 = 1/1.10 = 0.90909

What does Brett Helsel do in a typical work day? (Site 1

Answers

Answer:

In a typical workday he defines product, plan releases, recruit world class talent, coordinate activities with peer groups, ensure customer satisfaction, meet with customers in various parts of the world and in various disciplines.

Explanation:

I got a 100 on edge :)

Which of the following is not a feature of parliamentary democracy?

Answers

You didn’t leave the options...

Eduardo obtained credit to buy a car. He has failed to make any payments over the past
few months. What is MOST likely to happen?

A. He will make one giant payment to cover the past months without penalty,
B.The lender will take possession of his car.
C. The amount of debt owed will decrease the longer he waits to make a payment.
D.Nothing-people are allowed to miss several payments without consequences.

Answers

The lender will most likely take possession of his car when Eduardo failed to make any payments over the past few months on the car credit.

What is a car credit?

A car credit is an arrangement of installment payment on a car with an agreement to pay certain amount at regular interval.

Hence, the lender will most likely take possession of his car when Eduardo failed to make any payments over the past few months on the car credit.

Therefore, the Option B is correct.

Answers

Fayol's and Mintzberg's views about what managers do differ in terms of their emphasis on managerial functions and roles. Fayol focused on functions, while Mintzberg emphasized roles.

What are the differences between their views?

Fayol identified five primary functions of management which are planning, organizing, commanding, coordinating, and controlling because he believed that managers perform these functions regardless of their level in the organization or their specific industry.

Mintzberg emphasized roles that managers play which include interpersonal, informational and decisional roles because he believed that managers engage in a range of activities such as networking, information gathering and problem-solving depending on the situation and their level in the organization.