Answer:
flat divisional structure
Explanation:
Generally organizations can be structured in three different ways:
- divisional: the organization is divided into divisions, and each division has its own complete set of resources, e.g. marketing, finance, production, IT, etc.
- functional: the organization is divided into departments, and the people that work at each department share similar sets of skills, e.g. finance department, marketing department, production department, etc.
- matrix: combinations of divisional and functional structures
In this case, Nancy reports to an area director ⇒ district director ⇒ CEO
Since the number of layers between Nancy and the CEO (top management) are rather few, we can assume that this is a flat organization, with very few hierarchical levels. On the other hand, tall organizations have many levels, filled with supervisors and middle managers.
Answer:
$556063.77 is the balloon payment in order to finish the loan in 8 years.
Explanation:
Firstly we will use the Present value formula annuity to find how much will we pay on a monthly basis for the 30 year mortgage loan so we are given :
Pv the present value of the mortgage is $1800000
i which is the interest rate 7.8%/12 as there will be monthly payments
is the number of payments which are 30 x 12 = 360 payments
then we substitute on the formula Pv= C[(1-(1+i)^-n) /i]
we are looking for C the monthly payments
$1800000= C[(1-(1+(7.8%/12))^-360)/(7.8%/12)] now divide by the coefficient of C both sides to solve for C
$1800000/[(1-(1+(7.8%/12))^-360)/(7.8%/12)] = C
$12957.66= C
now if the monthly payment is $12957.66 we will find how much we will pay in 8 years which will be $12957.66 x 12 x 8 = $1 243 936.23 now if this amount is covered for 8 years then the balloon payment is $1800000 - $1243936.23 = $ 556063.77 which is the remaining amount in present value terms, this is the balloon payment to finish the mortgage in 8 years.
C. It is sometimes difficult for partners to agree on every business decision.
Answer:
0.5
They are substitute goods.
Explanation:
Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B.
Percentage change in quantity demanded of burgers = (360 - 300) / 300 = 0.2 = 20%
Percentage change in price of hot dog = (2.10 - 1.50) / 1.5 = 0.4 = 40%
Cross price elasticity of demand = percentage change in quantity demanded/ percentage change in price
20 / 40 = 0.5
Elasticity of demand is less than 1, so demand is inelastic.
Also, the cross price elasticitiy is positive, so the goods are substitutes goods.
I hope my answer helps you
Answer: $44,800
Explanation:
Given that,
Investment = $41,500
cash and equipment = $19,500
Office supplies purchases on credit = $220
Paid cash for the receptionist's salary = $2700
Cash received from selling custom frame service = $6000
Framing services = $350
Ending cash flow = Capital brought in by Larry Bar - Paid cash for the receptionist's salary + Cash received from selling custom frame service
= $41,500 - $2700 + $6000
= $44,800
