Answer:
High
Low
Explanation:
When a company borrows funds it has opportunity to avail tax shield on the interest amount of the borrowing fund. If the company borrows more fund then the discounted value of tax shield will increase while the financial distress cost will decrease.
Answer:
C) there was an offer, acceptance, and consideration
Explanation:
The doctrine of promissory estoppel requires that the following 5 elements must exist:
- The parties must anticipate that some type of legal relationship will exist between them.
- One party must have made a promise to another party.
- One party must rely on the promise made by the other party.
- The party that relied on the promise made by the other party must suffer a detriment if the promise is not fulfilled.
- Unconscionability
, in other words, there is nothing that forbids the party from performing the promise.
Answer:
We can conclude that tuition rates at the local community college are rising faster than overall inflation.
This is because from 2015 to 2016, the overall price level rose 10%, from 200 to 2020 (20 is the 10% of 200), while tuition rates rose 15% in the same period, from $100 to $115 (15 is obviously the 15% of 100).
Answer:
The correct answer is c. Prospect theory.
Explanation:
Prospective theory belongs to behavioral economics and stands out as an alternative model to the expected utility theory, since the validity of the rational agent's neoclassical assumption is questioned. This theory was developed by Nobel laureate Daniel Kahneman and his collaborator Amos Tversky in his »Prospect Theory: An Analysis of Decision under Risk” (1979). They used the results obtained from both his own empirical observations, as of several experiments.
Individuals set preferences based on a specific situation and circumstances, rather than in absolute terms. This means that depending on their initial situation, agents will act in one way or another. One of the results of this reasoning leads to behavioral asymmetries between situations of possible losses or gains. Individuals, for example, are generally more risk averse than profit lovers. An endowment effect is also derived from this analysis, since the compensation required by someone to dispose of a good is greater than what they would be willing to pay to acquire it.
In order to find out if employees are doing their job as they should in an efficient and effective manner, managers use performance management.
<h3>What is performance management?</h3>
This refers to anything that employers do in order to find out how employees are doing as regards helping the company to meet its organizational goals.
These methods go beyond trying to find out how employees are doing as regards work, but also tries to suggest ways that the employees can get better at what they do.
In order to do this, the employees need to be monitored and the process they use to go about their jobs need to be studied. They are then juxtaposed with industry best practicies to make them better.
Performance management is therefore hugely important in companies as it ensures that they meet organization objectives.
In conclusion, this is performance management,
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