What information from carrie’s paystub is important to know and use when creating her budget?

Malcolm faced resistance from the team most likely because he did NOT utilize which of the following influence tactics?

olya-2409 [2.1K]

Answer:

A) rational persuasion

Explanation:

Rational persuasion is the use of logic and evidence to influence others. An expert or a person in authority use their knowledge and experience to influence the behaviors of their team members. Rational persuasion involves convincing others by use of facts and presentation of expert opinion.

Malcolm is facing rebellion because his team is not convinced about his decision. He did not provide compelling reasons to his team as to why they should follow his guidance. Malcolm needs to prove and convince his team that his decisions are best for the business and to them.

8 0

4 years ago

Problem 5-3 Future Value and Multiple Cash Flows [LO 1] Wells, Inc., has identified an investment project with the following cas

Fed [463]

Answer:

a. $6,562.52

b. $7,218.32

c.$7,843.64

Explanation:

The present value of the cash flows would be found first and after, the present value has been determined, the future value would be found

Present value can be calculated using a financial calculator

Cash flow in year 1 = $1,060

Cash flow in year 2 = $1,290

Cash flow in year 3 = 1,510

Cash flow in year 4 = $2,250

Present value when interest rate is 6% = $5,198.131267

Present value when interest rate is 14% = $4,273.825287

Present value when interest rate is 21% = $3,659.117655

Now we find the future value

Future value = present value ( 1 + r)^n

r = interest rate

n = number of years

a. $5,198.131267(1.06)^4 = $6,562.52

b. $4,273.825287(1.14)^4 = $7,218.32

c. $3,659.117655 (1.21)^4 = $7,843.64

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

3 0

3 years ago

A company issues $15,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2020. Interest is paid on June 30 and December 31. T

Hoochie [10]

Answer:

Using effective-interest amortization, the approximate carrying value of the bonds on Dec 31, 2020 balance sheet is:

a. $14, 709, 481.

Explanation:

a) Data and Calculations:

Face value of bonds = $15,000,000

Bonds price = 14,703,108

Bonds discount = $296,892

Coupon interest rate = 7.8%

Effective interest rate = 8%

Interest payments on June 30 and December 31

June 30, 2020:

Interest expense = $588,124 ($14,703,108 * 4%)

Cash payment = $585,000 ($15,000,000 * 3.9%)

Amortization of discount = $3,124 ($588,124 - $585,000)

Bonds payable = $14,706,232 ($14,703,108 + $3,124)

December 31, 2020:

Interest expense = $588,249 ($14,706,232 * 4%)

Cash payment = $585,000 ($15,000,000 * 3.9%)

Amortization of discount = $3,249 ($588,249 - $585,000)

Bonds payable = $14,709,481 ($14,706,232 + $3,249)

4 0

3 years ago

Kingbird, Inc. developed the following reconciling information in preparing its December bank reconciliation: Cash balance per b

hodyreva [135]

Answer:

$38,230

Explanation:

To determine the cash balance per books for Kingbird, Inc., we can use the following formula:

cash balance per books = cash balance per bank + notes receivable collected by bank - bank service charge - NSF check

cash balance per books = $27,400 + $13,700 - $170 - $2,700 = $38,230

7 0

3 years ago

What are the components of micro environment

vova2212 [387]

Explanation:

the factors or elements in a firm's immediate environment which affect its performance and decision-making; these elements include the firm's suppliers, competitors, marketing intermediaries, customers and publics.

hope this helped :)

7 0

3 years ago