Answer:
Present Value= $180,000
Explanation:
Giving the following information:
The bequest will provide $9,000 in the first year and will grow by 5% per year, forever.
Interest rate= 10%
To calculate the present value of this perpetual annuity with a growing rate, we need to use the following formula:
PV= Cf/ (i-g)
Cf= cash flow= 9,000
i= 0.10
g= 0.5
PV= 9,000/ (0.10 - 0.05)= $180,000
<u>Answer: </u>Yes, due to the action taken by the government it makes it difficult to perform under the contract.
<u>Explanation:</u>
When the contract was signed by Putnam corporation and the pharmacies it was legal and valid contract. Due to the after effects of the pills sold by the pharmacies Food and Drug Administration has passed new regulations that the drug sold is illegal. The contract should also abide by the regulations passed by government authorities.
So the contract between the pharmacy and Putnam becomes void. The pharmacy chain is out of the contract and need not sell the drugs which are addictive and which has caused few deaths.
Inclusive and participatory management practices are the most effective in today's society. The indices show that companies that adopt this style of management achieve continuous improvements throughout the organizational process. Organizational culture focused on employee well-being ensures a positive culture and this influences them to do their job more effectively. It also increases security, pride in being part of that company, and values.
<span>I believe that if the executives exercised their option to use their fair value method, it would lower the firm's net income for 2017, thereby lowering the overall value of the stock. As a private firm, they do not have to use the fair value method. The compensation expense will also be lower. It would also devalue the projection for the following year.</span>
Answer:
a. John works the night shift,and night hours are less desirable for most workers.
Explanation:
The Equal Pay Act of 1963 established that employees must earn the same wage for similar jobs performed regardless of their gender. This means that you cannot pay someone more for being a men if the job done is the same. If any difference in wages exist, it must be justifiable in some way, e.g. different responsibilities, different labor conditions, serve different markets, etc.
In this case, since fewer people want to work on the night shift, in order to attract workers, the company might pay more for doing so. US laws does not require for night shifts to be paid higher wages, but the law of demand and supply might be responsible for the higher wages (demand and supply of labor).
