Answer: $66,740.82
Explanation:
Formula to find the accumulated amount if compounded continuously :
, where P= principal invest
t = time
r= rate of interest.
Given : A= $84,000 , r= 4.6% = 0.046 , t=5 years
Hence, the amount need to invest = $66,740.82
Answer:
The correct answer is letter "A": The company is on a tight deadline to complete a major project for an important client.
Explanation:
Coercion is the act by which a party forces to act another against its will because of a threat or an adverse situation. In the case given, as employees are underperforming, executives might find and excuse in an upcoming deadline of a major project for an important client to urge employees to hurry up in their jobs, otherwise the goal will not be met.
<span>This particular style of management would be Autocratic in nature. In this management style, the style of the manager and his or her opinion is the one revered, and the only one that is honored. It does't matter how talented the subordinates are, they will do that manager's will, or face consequences. High turnover of good talent is high in this type of management style.</span>
Answer:
The property manager's annual salary is $42,000
Explanation:
In the question, it is mentioned that the property manager salary equals to the 6% if the property annual gross income, and the property annual gross income is $700,000
So, the property manager salary equals to
= Property annual gross income × 6%
= $700,000 × 6%
= $42,000
The annual expenses and capitalization rate is irrelevant. Thus, it is ignored in the computation part.
Hence, the property manager's annual salary is $42,000
Answer:
Date Description DR CR
June 15 Dividend expenses $120,000
Dividend Payable 120,000
July 10 Dividend Payable 120,000
Cash 120,000
Dec 15 Dividend Expenses 146, 400
Dividend payable 146,400
Explanation:
when dividend is declared and cash is yet to be paid, dividend expenses account will debited while dividend payable account will be credited.
when cash is paid for the dividend, dividend payable account will be credited while the cash account will be credited.
As at June 30, total number of shares outstanding = 95,000 + 25,000 = 120,000
As at December 31, the total number of outstanding shares = 95,000 + 25,000 + 2,000 = 122,000
