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Dovator [93]
3 years ago
13

George has been working as a laborer at a construction company for five years. He is very diligent on the job and has never been

late. As his skills have grown, he has become more like the manager of the work crew. He makes sure everyone has the correct tools and information to do their jobs effectively. George is a real asset to the team. Today, George shows up at work to discover a work crew manager has been hired to oversee the crew. He discovers that the new manager is paid $20 an hour. To apply equity theory, what additional information do we need
Business
1 answer:
Sauron [17]3 years ago
8 0

Answer:

We need to know how much George is being paid.

Explanation:

Equity theory states that employees are motivated by fairness in the workplace, the definition of fairness here being getting a reward proportional to one's effort, abilities, and job performance.

George is described as a very competitive worker who has become more like the manager of the crew. This statement tells us that he is likely not formally a manager within the organization hierarchy, and could be getting less than $20 an hour, the compensation that the newly hired manager will receive.

According to Equity theory, George should at least be paid $20/hr, or even more, because he has been succesful in managing his coworkers even if he does not hold that title.

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6%/12%Your grandmother is giving you $100 a month for four years while you attend college to earn your bachelor's degree. At a 6
RoseWind [281]

Answer:

The answer is "0.39010989"

Explanation:

PMT= 100\\\\n= 4 \times 12 =48 \\\\r= \frac{6.0}{12}= 0.005

PV =?

PV= PMT\times \frac{(1-\frac{1}{1+r^n})}{r}

      =100 \times \frac{(1-\frac{1}{1+0.005^{48}})}{0.005}\\\\=100 \times \frac{(1-\frac{1}{1+3.55})}{0.005}\\\\=100 \times \frac{(1-\frac{1}{4.55})}{0.005}\\\\=100 \times \frac{(\frac{4.55 -1}{4.55})}{0.005}\\\\=100 \times \frac{(\frac{3.55}{4.55})}{0.005}\\\\=100 \times 0.0039010989\\\\=0.39010989

3 0
3 years ago
Mike is saving his emergency funds in an IRA account. Is his strategy a good one? Select the best answer from the choices provid
alexandr402 [8]

The answer to your question is:

- A. Yes, because IRAs have tax advantages over regular bank accounts.

4 0
3 years ago
10 POINTS PLEASE HELP ASAP
saul85 [17]

Answer:

I wanna say D

Explanation:

hope that helps

3 0
3 years ago
Which component of table setting would include the wineglass?
lozanna [386]
The wine glass goes on the left
6 0
2 years ago
An insurance company is analyzing the following three bonds, each with five years to maturity, annual interest payments, and is
Andrej [43]

Here's the complete question:

An insurance company is analyzing the following three bonds, each with five years to maturity, and is using duration as its measure of interest rate risk:

a. $10,000 par value, coupon rate = 8%, rb = 0.10

b. $10,000 par value, coupon rate = 10%, rb = 0.10

c. $10,000 par value, coupon rate = 12%, rb = 0.10

What is the duration of each of the three bonds?

a. Duration on 8% coupon bond = 4.28 years

Year 1 ,2,3,4,5

CFs 800,800,800,800,10800

DCFs 727.27, 661.2, 601.05, 546.41 6705.95

PV=9241.84

Duration = <DCFs/PV

(7271+661.22+601.053+546.414+6705.95*5)/9241.84

=39568.1/9241.84

=4.2814

b. Duration on 10% coupon bond = 4.17 yearsc.

c. Duration on 12% coupon bond = 4.07 years

7 0
3 years ago
Read 2 more answers
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