Answer:
The four levels of managers are:
- entry level managers, e.g. supervisors
- low level managers, e.g. store managers
- middle level managers, e.g. division manager
- upper level managers, e.g. CEO, CFO, COO
The higher the position on the organizational pyramid, the tasks and responsibilities also differ. Entry level managers generally supervise the tasks of entry level workers, e.g. sales clerks.
Low level managers generally have both supervisory and general management functions, e.g. a store manager must make sure that everyone does their job properly, but also must make administrative decisions like hiring, overseeing inventory, etc.
Middle level managers are generally functional managers, meaning that they are in charge of a certain area within the organization, e.g. human resources, finances, marketing, etc.
Upper level managers are responsible for developing the organization's strategies and long term goals, their focus should always be on the big picture and the future of the organization, not just one part of it.
Answer:
C. file a final account of the administration of the estate.
Explanation:
As in the question it is mentioned that Rita designated John for her estate and at the time of her death, she have owned a land parcel with her sister namely Ann
So in this case, John as an executor must to file a estate administration final account and it also represents the beneficiary
Hence, the option c is correct
Answer:
Option 1 PV lumpsum = $200000
Option2 PV of Annuity = $195413.08035 rounded off to $195413.08
Based on the present value of both the options, Option 1 should be chosen as it has a higher present value than option 2.
Explanation:
To decide on the best option to choose among the given two, we need to find the present value of both the options.
As the first option is to receive a lumpsum payment of $200000 today, the present value of this option is also equal to $200000 as it will be received today.
Option two, on the other hand, is an annuity as fixed payments will be received after equal intervals of time and for a limited time period and at the end of the period which satisfies the criteria of annuity ordinary. We will use the formula for the present value of annuity which is,
PV of Annuity = C * [( 1 - (1+r)^-n) / r]
Where,
- C is the periodic payment
- r is the rate of return of discount rate
- n is the number of periods
The periodic payment is provided as $1400. We are also provided with and APR of 6% which is the Annual rate. We will have to convert it into monthly rate by dividing it by 12. We are also provided with the number of years which we will need to convert into number of months by multiplying it by 12.
Monthly r = 6%/12 = 0.5%
Number of periods = 20 * 12 = 240
PV of Annuity = 1400 * [( 1 - (1+0.5%)^-240) / 0.5%]
PV of Annuity = $195413.08035 rounded off to $195413.08
Answer:
10.5%
Explanation:
In this question, we use the Capital Asset Pricing Model (CAPM). The formula is shown below:
Expected rate of return = Risk-free rate of return + Beta × market risk premium
= 4% + 1.3 × 5%
= 4% + 6.5%
= 10.5%
The market risk premium = Market rate of return - risk free rate of return.
The dividend and per share is not relevant for the computation part. Hence, ignored it
