<span>Sustaining performance and becoming a mentor are two issues individuals need to address during <u>maintenance stage. </u>It is during this stage that a person become another person's mentor in order to contribute to their progress and success and to improve overall performance of that person. It is quite important to pay a lot of attention during this stage as it can be crucial. </span>
Answer:
Increasing current profits when doing so lowers the value of the firm's equity.
Explanation:
Agency problem is the likelihood that managers may place personal goals ahead of corporate goals. A characteristic feature of corporate enterprises is the separation between ownership and management. Thus, with the objective of survival, management would aim at satisfying instead of maximizing shareholder´s wealth.
Three generic agency problems arise in business firms:
-The conflict between the firm´s owners and its hired managers.
-The conflict between controlling and minority shareholders.
-The conflict between shareholders and non shareholders constituencies.
Answer:
8.7%
Explanation:
Given that,
Real risk free rate = 5%
Expected inflation:
This year = 3%
Next year = 3.5% and thereafter = 4%
Estimated maturity risk premium = 0.1 × (t - 1)%
t = number of years to maturity
Average inflation rate:
= (3% + 3.5% + 4%) ÷ 3
= 3.5%
Estimated maturity risk premium:
= 0.1 × (t - 1)%
= 0.1 × (3 - 1)%
= 0.2%
Therefore,
Yield on a 3 year treasury note:
= Real risk free rate + Average inflation rate + Estimated maturity risk premium
= 5% + 3.5% + 0.2%
= 8.7%
Answer:
Date Account Title Debit Credit
April Factory Overhead $16,720
Indirect materials $10,500
Wages payable $4,000
Utilities payable $ 500
Accumulated Depreciation $ 620
Small tools $ 370
Equipment rental $ 730