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yan [13]
3 years ago
13

After nearly 20 years with his company, mike's job was outsourced. he wants his new job to offer not only a good wage but also j

ob satisfaction and a sense of accomplishment. he is focused on the _____ of work.
a. intrinsic rewards

b. extrinsic rewards

c. status

d. secondary gains
Business
1 answer:
Firlakuza [10]3 years ago
7 0

It can be best said that Mike is now seeking a job that not only pays well, but also offers intrinsic rewards, in the form of job satisfaction and a sense of accomplishment.

Good compensation is a form of extrinsic rewards, alongside status. Intrinsic rewards are things that you find pleasing because it is satisfying to you, not because you think it would gain you respect or other people’s acceptance.

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Two new rides are being compared by a local amusement park in terms of their annual operating costs. The two rides are assumed t
fgiga [73]

Complete Question:

Two new rides are being compared by a local amusement park in terms of their annual operating costs. The two rides are assumed to be able to generate the same level of revenue (and thus the focus on costs). The Tummy Tugger has fixed costs of $10,000 per year and variable costs of $2.50 per visitor. The Head Buzzer has fixed costs of $4000 per year, and variable costs of $4 per visitor. Provide answers to the following questions so the amusement park can make the needed comparison.

Requirement:

Mathematically determine the breakeven number of visitors per year for the two rides to have equal annual costs.

Answer:

4000 visitors

Explanation:

As we know that:

Total Annual Cost  = Variable Cost Per Unit * Total Units    +  Fixed Costs

For <u>Tummy Tugger,</u>

Variable Cost per Unit is $2.5 per visitor

Total Units are not given so we assume it to be "x"

Fixed cost is $10,000

By putting values we have:

Total Annual Cost  = $2.50x + $10,000 ........ Equation 2

Similarly for <u>Head Buzzer</u>,

Variable Cost per Unit is $4 per visitor

Total Units are not given so we assume it to be "x"

Fixed cost is $4,000

By putting values we have:

Total Annual Cost  = $4x + $4,000 .......... Equation 3

As per the requirement, the annual cost for both of the rides is same for the year, which means that Equation 2 is equal to Equation 3.

Mathematically,

2.50x + 10000 = $4x + 4000

$10,000 - $4,000 = $4x - $2.5x

$6,000 = $1.5x

x= $6,000 / $1.5 per unit   = <u>4,000 Units</u>

At 4000 visitors for a year, the annual cost of both rides is the same.

6 0
3 years ago
Wayne, Inc., wishes to expand its facilities. The company currently has 5 million shares outstanding and no debt. The stock sell
kompoz [17]

Answer:

a-1. Calculate the new book value per share.

current book value = stocks outstanding x book value = 5,000,000 x $10 = $50,000,000

new book value = $50,000,000 + $50,000,000 = $100,000,000

new stocks issued = $50,000,000 / $40 = 1,250,000

total stocks outstanding = 5,000,000 + 1,250,000 = 6,250,000

new book value per stock = $100,000,000 / 6,250,000 = $16

a-2. Calculate the new EPS.

old EPS = $4,000,000 / 5,000,000 = $0.80 per stock

new EPS = $4,850,000 / 6,250,000 = $0.776 per stock

a-3. Calculate the new stock price.

price to earnings ratio = $40 / $0.80 = 50

new stock price:

50 = new stock price / $0.776

new stock price = 50 x $0.776 = $38.80

a-4. Calculate the new market-to-book ratio.

market to book ratio = market capitalization / book value = $242,500,000 / $100,000,000 = 2.425

b. What would the new net income for the company have to be for the stock price to remain unchanged?

0.8 = net income / 6,250,000

net income = 6,250,000 x 0.8 = $5,000,000

4 0
3 years ago
Automatic stabilizers create ________ during recessions from increased government spending on welfare and unemployment insurance
Nadya [2.5K]

Answer:

stimulation ; stabilization

Explanation:

Automatic stabilizers act to stimulate the economy during recessions and stabilize the economy when it becomes overheated

8 0
3 years ago
according to the basic dcf stock valuation model, the value an investor should assign to a share of stock is dependent on the le
Temka [501]

Answer:

T

Explanation:

7 0
3 years ago
Ed bought $2,000 in stock shares one week before the stock price dropped $10.00. If he had waited for the price setback, he coul
Zanzabum

Answer:

He bought 40 shares.

Explanation:

<em>Step 1: Determine the initial stock price</em>

Use the expression below to determine the total initial stock price as shown;

T=S×s

where;

T=total initial stock price

S=initial stock price per share

s=number of shares

In our case;

T=$2,000

S=x

s=unknown

replacing;

2,000=x×s

s=2,000/x

<em>Step 2: Determine the final stock price</em>

Use the expression below;

F=f×s2

where;

F=final stock price=$2,000

f=final stock price per stock=(x-10)

s2=final number of shares bought=(2,000/x)+10

replacing;

2,000=(x-10){(2,000/x)+10)

2,000=x(2,000/x)+(10 x)-10(2,000/x)-100

(2,000=2,000+10 x-20,000/x-100)x

2,000 x=2,000 x+10 x²-20,000-100 x

2,000 x-2000 x=10 x²-100 x-20,000

10 x²-100 x-20,000=0

solving quadratically;

x=[100±√{100²-(4×10×-20,000)}]/(2×10)

x={100±√(10,000+800,000)}/20

x=(100±900)/20

x=1,000/20=50

Initial stock price=$50

Number of shares bought=2,000/x=2,000/50=40

He bought 40 shares.

4 0
3 years ago
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