Answer:
The Present value of the lease payment is $ 6,713.28
Explanation:
Given as :
The payment amount at the end of every months = $ 220
The total months = 48 months , i.e 4 years
The rate of compounded yearly = 12 %
Let The present principal value = P
∵ $ 220 is the payment at the end of 48 months
∴ Total amount in 48 months = $ 220 × 48 = $ 10,560
Now , <u>from compounded method</u>
The Amount after 48 months = Present value × 
So , $ 10,560 = P × 
Or, $ 10,560 = P × 
So , $ 10,560 = P × 1.573
∴ P = 
= $ 6,713.28
Hence The Present value of the lease payment is $ 6,713.28 Answer
Answer:
✔ Asking employees questions helps develop their critical thinking skills.
✘ Asking employees questions boosts their morale by helping them feel like experts, even though they’re not.
✘ Asking employees questions enhances their sense that the manager is the only person they should be in dialogue with, so they start talking less to each other.
✔ Asking employees how to solve problems empowers them to arrive at solutions to which they’re committed.
Explanation:
A manager who asks questions with a sincere interest in the answers is engaging in dialogue similar to a “regular” back-and-forth conversation, and this authenticity builds trust and promotes the open exchange of ideas. Another key benefit is that having employees think about questions, rather than just telling them information or telling them what to do, engages their critical thinking skills—which are key skills for organizational success. Also, when employees are asked how to solve problems, they are likely to have more buy-in to the solution they arrive at than to a solution imposed on them. Many people are motivated by feeling as though their ideas make a positive difference.
Lower-level employees are often the experts in operational details and often have more direct contact with customers than higher-level managers, so they have tremendous expertise that can and should be tapped. Asking employees questions begins an organizational dialogue that can lead to a decentralized communication network, in which employees freely exchange ideas with one another and not just with their manager.
Answer:
Accounting Profit = $11,875
Economic Profit = $1,575
Explanation:
income from job = $10,000 /month
Rent which could have been earned = $300 /month
Office supplies = $75 /month
Increase in electricity bills = $50 /month
Income from home = $12,000 /month
(a) Accounting profit = Income - Costs
= $12,000 - ($75 + $50)
= $11,875
(b) Economic profit = Accounting profit - Opportunity cost
= $11,875 - ($10,000 + $300)
= $1,575
Answer:
a decrease in market output and an increase in the price of the product.
Explanation:
