Answer:
the initial cost of the equipment is $51,900
Explanation:
The computation of the initial cost of the equipment is as follows:
= Purchase price + freight + installation + testing
= $43,000 + $2,300 + $3,800 + $2,800
= $51,900
Hence, the initial cost of the equipment is $51,900
By applying the above formula we can easily calculate it
The correct answer to this open question is the following.
Although there are no options attached, we can answer the following.
The term in strategic management theory related to managerial motive defines a manager's actions when those actions shape the firm's strategies to serve the manager's interests rather than to maximize long-term shareholder value is: "Egotism."
Egotism is one of the terrible mistakes a manager can make in the corporation. When a manager is egotistic, he/she is first and foremost interested in his own benefits, and this is an action contrary to the mission, vision, and philosophy or the organization,
A good manager is always going to look for the very best of the group, the team members, instead of its personal gains. People will follow a manager -or better said- a leader whose main concern is the team, not the individual.
Answer: D. The amount saved will equal the amount borrowed
Explanation: The loanable funds market Is the market where borrowing happens.
The loanable fund market is subject to the amount of savings and the amount of borrowing available at any point in time which must be at equilibrium.
It is at the state of equilibrium in the loanable funds market that the amount of money saved must be equal to the amount borrowed. This will give rise to the interest rates adjusting itself.