Answer:
The interest revenue will Savor record in Year 1 on this lease at 9% is $347,697
Explanation:
Present value of Lease Payment = $4,561,300
Less: First Payment on Jan 1, 2018 = $698,000
Remaining Balance = $3,863,300
Interest Revenue for Year 1 at 9% = $3,863,300 × 9%
Interest Revenue for Year 1 at 9% = $347,697
Answer:
b. Many different styles of leadership can be effective.
Explanation:
Leadership is the ability of a person to motivate others to deliver on set goals and objectives.
Depending.on the organisation, the goals to be achieved, needs of the followers, and the personality of the leader.
There are different leadership styles that are all effective depending on the situation
Authoritative leaders states the way things should be done with little input from the team.
Democratic leadership is when the leader gets feedback from the team and uses it to make decisions.
Free rein is when the leader allows the team do what they like in achieving goals.
Task oriented leadership focuses mainly on the task at hand.
Answer:
A. Personal help and interaction wider.
Explanation:
Due to the physical contact and getting to physically recognise each other, the familiarity increase the level of personal relationship.
Answer:
The total surplus from Andrew's sale to Nick is $35.
Explanation:
The total surplus is the sum of producer surplus and consumer surplus.
The consumer surplus is the difference between the maximum price a consumer is willing to pay for a product and the price he/she actually has to pay.
While producer surplus is the difference between the minimum price a producer is willing to accept for a product and the price he/she actually gets.
Consumer surplus for Nick
= $80 - $60
= $20
Producer surplus for Andrew
= $60 - $45
= $15
Total surplus from generated from Andrew's sale to Nick
= $20 + $15
= $35
