Answer:
$91.50 per share
Explanation:
The computation of the stock k share price is shown below:
Total value of portfolio = $27,000
The 39% invested in Stock J and the remaining 61% is invested in stock K
So, the value of K is
= $27,000 × 61%
= $16,470
And, the Stock K shares owned is 180
So, the share price of stock K is
= $16,470 ÷ 180 shares
= $91.50 per share
We simply divide the portfolio value of K by the number of shares owned by Stock k so that the share price of stock K could come
It must be signed off the leaseholder
Answer:
b. an express contract.
Explanation:
Since Daisy signs on Capri's behalf, the contract is between Bo and Capri, not Daisy.
Since there is a lease, an actual signed document, the options of no contract and implied contract are discarded.
An express contract is written in an specific language with its terms stated expressly at the time of contract formation, and is made under a company seal. A simple contract doesn't require a seal.
The lease is signed under Capri Apartments' seal and thus is an express contract.
Answer:
False
Explanation:
Managers exercise legitimate and coercive power. Their power is legitimate since it is lawful owing to the job position and their tasks and duties. It is coercive since it induces the subordinates to perform their tasks in a certain way and at times subject them to performance pressure so as they work efficiently.
Experts and referent represent personal or individual power possessed by an individual, independent of the job position he/she occupies. These may arise more out of an individual's own knowledge and information one possesses or on account of personal traits and do not represent a power which has been delegated.
Such powers may collide when an individual is promoted and when required to manage those, who were earlier his/her colleagues.
Answer: Option D
Explanation: In simple words, normal cash flows refers to those cash flows which have one initial investment at the beginning followed by a stream of inflows while in case of non normal cash flows the stream keeps changing from inflows to outflows.
Normal cash flows have only one IRR as there can only be single rate at which NPV will be zero while in case of Non normal there are two IRR due to uneven stream.
Thus, we can conclude that the correct option is D.
