Answer:
Managers; debtholders; compensation; bondholders; stockholders; risky; debt; convenants; debt; manager's.
Explanation:
An agency conflict can be defined as problems or issues that arises between management, a principal, or an owner, and other parties due to difference in interests.
This ultimately implies that, agency conflict arises when the incentives provided by the management, a principal, or an owner do not align well with those of an agent such as a manager, who is typically playing a fiduciary role.
A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.
Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.
Natural monopolies <span>benefit from large economies of scale, in which the costs of goods decrease as output increases.
</span>A natural monopoly<span> is a distinct type of </span>monopoly<span> that may arise when there are extremely high fixed costs of distribution, such as exist when large-scale infrastructure is required to ensure supply.</span>
Answer:
Total= $107,130.79
Explanation:
Giving the following information:
McClary Tires plans to save $20,000, $25,000, $27,500, and $30,000 at the end of each year for Years 1 to 4, respectively.
The discount rate is 3.3%.
To calculate the future value, we need to use the following formula for each cash flow:
FV= PV*(1+i)^n
Cf1= 20,000*1.033^3= 22,046.06
Cf2= 25,000*1.033^2= 26,677.23
Cf3= 27,500*1.033= 28,407.5
Cf4= 30,000
Total= $107,130.79
Answer:
b. $60,000
Explanation:
Implicit cost is the cost which is not shown as a cost in the statement of income.
As it includes basically the opportunity cost.
This will include:
Salary foregone = $45,000
Entrepreneurial skills income = $5,000
Interest on bonds foregone = $100,000 
10% = $10,000
Thus, total implicit cost = $45,000 + $5,000 + $10,000 = $60,000
Answer:
A. leading demand with a one-step expansion
Explanation:
