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riadik2000 [5.3K]
3 years ago
5

Katie dislikes almost everything about her job. the only reason she continues to work at mace auto body is the excellent benefit

s package she receives. katie is motivated by
Business
1 answer:
irakobra [83]3 years ago
7 0
Hi there!

Katie is driven by money, or her financial needs. 

Since she has no reason to work at her job if she doesn't like working there other than her salary, this means that she is driven by the amount of money she earns, not her passion or like. 

Hope this helps!
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In a peer mediation session, which step comes immediately after the mediator makes the introductions?
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Streching, first by raising your arms to while bressthing, and centering yourself to start your yoga moves
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3 years ago
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During an election year, why would a senator want to determine a mode?
Sliva [168]

This is the answer from E D G E N U I T Y and it is A.to determine which issue is most important to the general public

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5 0
3 years ago
You are attempting to value a call option with an exercise price of $105 and one year to expiration. The underlying stock pays n
borishaifa [10]

Answer:

The value of the call option today is $7.73

Explanation:

The value or price of the call option under the two state model is calculated based on the assumption that there is no opportunity for arbitrage profit. The value of call option will be based on the return in case the call option is exercised and the probability of earning that return.

The strike price is $105

The return if price goes to $122 and option is exercised is 122 - 105 = $17

The return if the price goes down to $88 will be 0 as the call option will not be exercised.

Thus, the expected return is = 0.5 * 17 + 0.5 * 0  =  $8.5

This return will be earned after 1 year. To calculate the value of the call option today, we need to discount this return to present value using the risk free rate.

V0 or value today = 8.5 / (1+0.1)  =  $7.727 rounded off to $7.73

7 0
3 years ago
Gustavson Corporation uses the direct method to allocate service department costs to operating departments. The company has two
trapecia [35]

Answer:

C) $340,240

Explanation:

                                     Service Department  Operating Department

                                  Administrative Facilities  Assembly Wholesaling

Departmental costs $26,840     $59,400   $183,430   $321,190

Employee time (hours)      4,000       2,000     29,000 15,000

Space occupied - sq ft     2,000       2,000     30,000  6,000

total administrative costs = $26,840

total employee hours = 29,000 + 15,000 = 44,000

administrative cost per employee hour = $26,840 / 44,000 = $0.61

total facilities costs = $59,400

total square feet = 30,000 + 6,000 = 36,000

administrative cost per employee hour = $59,400 / 36,000 = $1.65

total Wholesaling Department cost = $321,190 + ($0.61 x 15,000) + ($1.65 x 6,000) = $321,190 + $9,150 + $9,900 = $340,240

5 0
3 years ago
In the past year, TVG had revenues of $2.95 million, cost of goods sold of $2.45 million, and depreciation expense of $178,000.
Firdavs [7]

Answer:

3.5

Explanation:

Computation for the firm’s times interest earned ratio

Revenues$ 2.95 million

Cost of goods sold$ 2.45 million

Depreciation expense$ 178,000.00

Book values of Debt outstanding$ 1.15 million

Interest rate8.00

First step is to calculate for the EBIT

Using this formula

EBIT= Revenues -(Cost of goods sold +Depreciation expense$ 178,000.00)

EBIT=$2,950,000-($2,450,000+$178,000)

EBIT=$2,950,000- $2,628,000

EBIT=$322,000

Second step is to find the Interest

Using this formula

Interest =Debt outstanding with book value ×Interest rate

Let plug in the formula

Interest =$1,150,000×8%

Interest =$92,000

Now let find the firm’s times interest earned ratio

Using this formula

Firm’s times interest earned ratio=EBIT/INTEREST

Where,

EBIT=$322,000

INTEREST=$92,000

Let plug in the formula

Firm’s times interest earned ratio=$322,000/$92,000

Firm’s times interest earned ratio =3.5

Therefore the firm’s times interest earned ratio will be 3.5

7 0
4 years ago
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