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Ludmilka [50]
3 years ago
5

An executive who prioritizes the organization's mission and the needs and goals of subordinates, rather than ego gratification a

nd personal success, can be described as .
Business
2 answers:
Lyrx [107]3 years ago
7 0
An executive who prioritizes the organization's mission and the needs and goals of subordinates, rather than ego gratification and personal success, can be described as a servant leader.

A servant leader is the one who listens carefully to the employees and makes decisions which are the right choices in a current scenario, strives to understand and empathize with others, and <span>builds better organizations and ultimately creates a more just and caring world.</span>
julsineya [31]3 years ago
6 0
The executive is exhibiting a mission-driven leadership characteristic.
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The situations presented here are independent of each other. For each situation, prepare the appropriate journal entry for the r
77julia77 [94]

Answer:

1. April 30

Dr Bonds payable $158,000

Dr Loss on redemption of bonds payable $18,486

Cr Discount on bonds payable $15,326

Cr Cash $161,160

2. June 30

Dr Bonds payable $179,000

Dr Premium on bonds payable $14,320

Cr Gain on redemption of bonds payable $23,270

Cr Cash $170,050

Explanation:

1. Preparation of the appropriate journal entry for the redemption of the bonds.

April 30

Dr Bonds payable $158,000

Dr Loss on redemption of bonds payable $18,486

($161,160+$15,326-$158,000)

Cr Discount on bonds payable $15,326

($158,000-$142,674)

Cr Cash $161,160

($158,000*1.02)

(To record redemption of bonds)

2. Preparation of the appropriate journal entry for the redemption of the bonds.

June 30

Dr Bonds payable $179,000

Dr Premium on bonds payable $14,320

($193,320-$179,000)

Cr Gain on redemption of bonds payable $23,270

($179,000+$14,320-$170,050) .

Cr Cash $170,050

($179,000*.95)

(To record redemption of bonds)

6 0
2 years ago
Bedeker, Inc., has an issue of preferred stock outstanding that pays a $6.55 dividend every year in perpetuity. If this issue cu
navik [9.2K]

Answer:

The required rate of return is 7.20%

Explanation:

The price of a share that pays a particular dividend amount in perpetuity is given by the below formula:

price of share=dividend/required rate of return

price of share is $91.00 per share

dividend payable in perpetuity is $6.55

required rate of return is unknown

$91=$6.55/required rate of return

required rate of return =$6.55/$91

                                       =7.20%

to confirm the required of return,I divided the by the required rate of return as shown below:

6.55/0.0.72=$90.97 .approximately $91

That is a way to validate the computed required rate of return

4 0
3 years ago
Stella is currently spending all of her weekly income purchasing the two goods that she likes cookies and milk. She is currently
Ivan

Answer:

Stella should consume less of milk and more of cookies to maximize total utility.

Explanation:

The price of cookies is ​$9​, and the price of milk is ​$3.

Stella consumes 10 cookies and 5 cartons of milk.

The marginal utility of 10th cookie is 50 utils and the marginal utility of 5th carton of milk is 25 utils.

Her total utility will be maximized if the ratio of marginal utility and price will be equal for both cookies and milk.

Ratio for cookies

= \frac{MUx}{Px}

= \frac{50}{9}

= 5.55

Ratio for milk

= \frac{MUy}{Py}

= \frac{25}{3}

= 8.33

Since the ratio is higher for milk, it means that Stella should consume less of milk and more of cookies to maximize total utility.

8 0
2 years ago
Fran Smith has two investment opportunities. The interest rate for both investments is 20%. Interest on the first investment wil
RoseWind [281]

Answer:

Fran should choose that which compounds quarterly

Explanation:

In Compound Interest investment, the interest at the end of the compounding period is added to form a new base capital.

If this is done every 3 months, the principal at the beginning of each quarter increases while in annual compounding, the interest is added at the end of the year.

Generally, for investment, the more frequent is it compounded the better. On the other hand, less frequent compounding is preferred for borrowers.

5 0
3 years ago
Small businesses are required by the Small Business Administration to market hand goods only. true or false
Ne4ueva [31]
Hello
the answer would be true
have a nice day
6 0
3 years ago
Read 2 more answers
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