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Vlad1618 [11]
3 years ago
13

Andy, ben, and carl are employees at palliative care home (pch). they report to lisa, who is the department manager. lisa has a

tremendous amount of freedom to make decisions on how she manages her employees. she recently gave andy the preferred shift for his outstanding service to the patients at pch, along with an employee-of-the-month award. in his acceptance speech, andy indicated he is simply trying to emulate carl, who is liked by all the patients at pch. he admires carl and has learned several things about the job by just observing him. ben, feeling left out, has started to enlist other employees in the department to help influence lisa for next month's award. given her position as the department manager, lisa has _____ power. legitimate personal referent persuasive expert
Business
1 answer:
vazorg [7]3 years ago
5 0
<span>given her position as the department manager, lisa has Legitimate power
Legitimate power is a type of power that derived from your formal position in your organizational hierarchy.
As a department manager, Lisa has the power to control all operational activities that heppen in her department, including arranging employees time schedule</span>
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12. The stock that is selling for GH¢12 today is expected to pay GH¢ 1 next year, GH¢2 the year after and GH¢ 3 the following ye
Westkost [7]

The expected share price after the third dividend is GH¢ 20.22

What is stock price?

The stock price can be determined as the present value of future dividends, years 1-3 and the present value of all dividends beyond year 3 which is known as the terminal value(i.e. the unknown selling price after the third dividend as required in this case)

The terminal value is the present value of future dividends after 3 years which needs to be discounted 3 years backward in the process of computing share price

Share price=12

Year 1 dividend=1

Year 2 dividend=2

Year 3 dividend=3

Terminal value=unknown (assume it is X)

discount rate=32%

Each future dividend can be discounted using the present value formula of a single cash flow shown below:

PV=FV/(1+r)^N

FV=each future cash flow/dividends

r=discount rate=32%

N=the year of dividends, 1 for year 1, 2 for year 2

12=1/(1+32%)^1+2/(1+32%)^2+3/(1+32%)^3+X/(1+32%)^3

12=3.20978378829618+X/(1+32%)^3

12-3.20978378829618=X/(1+32%)^3

(12-3.20978378829618)*(1+32%)^3=X

X=(12-3.20978378829618)*(1+32%)^3

X=GH¢ 20.22

Find out more on terminal value on:brainly.com/question/25818989

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6 0
2 years ago
A firm has $820 in inventory, $3,200 in fixed assets, $1,210 in accounts receivable, $890 in accounts payable, and $360 in cash.
3241004551 [841]
Given:
Inventory:                    $820
Fixed Assets:              $3,200
Accounts receivable: $1,210
Accounts payable:     $$890
Cash:                           $360

The amount of net working capital is
Cash and cash equivalents ($360)
+ Receivables ($1,210)
+ Inventory ($820)
+ Marketable investments ($3,200)
- Accounts payable ($890)
= $4,700

Answer: $4,700

5 0
4 years ago
Bloomfield Bakers accounts for its investment in Clor Confectionary under the equity method. Bloomfield carried the Clor investm
dsp73

Answer:

If we assume that in year 2018 , Bloomfield had same amount of percentage of ownership in Clor as they had in 2017 then in 2018 the amount of percentage that Bloomfield will held in Clor would be 28.45%.

Explanation:

Here it is given that we are to assume that Bloomfield accounts for its investment in Clor under the equity method and given investment in 2017 was $150,150 and investment in 2018 is $165,800.

So for calculating the amount of percentage we can assume that the percentage is X, and here we will add amount in 2017 with X% of ( net income - dividend declared ) to get the total amount in 2018.

$150,150 + X% ( $75,900 - $20,900 ) = $165,800

$150,150 + X% ( $55,000 ) = $165,800

X% (55,000) = $165,800 - $150,150

X% = 15,650 / 55,000

X% = .28454 ( MULTIPLYING BY 100 )

X% = 28.45

6 0
4 years ago
Another name for a mutual fund that doesn't charge a sales load or a contingent deferred sales fee, but does charge an ongoing h
Elina [12.6K]

Answer:

Class B fund

Explanation:

Class B mutual funds do not charge a front-end sales fee, but they do impose a higher 12b-1 fee. In the short term, the purchase of Class B shares involves paying higher fees than Class A shares. However, in the long term, the investment might be lower on Class B than paying an upfront sales load for Class A.

7 0
3 years ago
When the business cycle or economic activity is declining, the economy is said to be in....?
gregori [183]

contraction is to decline the answer is B

7 0
4 years ago
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