Answer: -$100
Explanation:
Value of forward contract = Selling price - Forward price on bond
Forward price = Present value of cashflows + Present value of bond
Periodic rate = 7%/ 2 = 3.5% per semi annum
= 8% / 2 = 4%
3.5% will be used to discount the payment 6 months from now as that is the 6 month rate. The rest will be 4%.
= (80 / (1 + 3.5%) ) + ( 80 / ( 1 + 4%)²) + (940 / ( 1 +4%)²)
= $1,020.342
= $1,020
Value of forward contract = 920 - 1,020
= -$100
<span>Tax shield is the saving in tax due to exemption of tax on interest expense = interest expense * tax rate
= $35 million * 36% = $ 12.6 million</span>
Answer:
Explanation:
One transformational leader that we can talk about was Martin Luther King Jr. who was an Activist and Minister who fought for American Civil Rights in the United States in the early 1950s. MLK jr. was both assisted and hindered by the time in history in which his efforts took place. This is because at the time African American Rights were almost non-existant and the Civil Rights movements were at an all time high. This means that MLK jr. was able to amass many followers as he was fighting to make the world a more equal place for everyone, but at the same time it was a time in history where racism was at an all time high as well. This hindered his efforts greatly and ultimately led to his death in 1968. Regardless, Martin Luther King Jr. made one of the biggest impacts in the Civil Rights movements in history as a transformational leader.
Dimension of employee empowerment experienced by people who feel they have some active control over the environment is Feeling of impact.
The process of giving employees in an organization the power, authority, responsibility, resources, and freedom to make decisions and solve work-related problems is known as empowerment. They are given sufficient authority and resources to take such initiatives and decisions.
Employee empowerment encourages them to reach their full potential. On the other hand, empowerment entails relinquishing control over employees and allowing each employee to make decisions, set goals, achieve results, and receive rewards. It entails preparing a person to manage on his or her own. It is a process that assists the right people at the right levels in making the right decision for the right reasons.
Feeling of impact - Empowered employees see themselves as active participants in the organization and believe they have influence over key strategic, administrative, and operational decisions.
Learn more about Employee empowerment here:
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Answer:
=112.785
Explanation:
Average days in inventory is financial ratio that shows the average number of days a company takes to turn its inventory.
The formula for calculating the average days in inventory is as below.
Days in inventory = Average inventory /cost of goods sold x 365
for Re-UP Enterprises: average inventory = $189,880
cost of goods sold =$613,500,
Days in inventory
= $189,880/613,000 x 365
=0.309 X 365
=112.785