Answer:
Value of treasury note = 738000
Explanation:
Value of treasury note = Interest * PVAF(9.9%,5Years) + Maturity Value * PVF(9.9%,5year)
= 30000 * 3.800 + 1000000 * 0.624
= 738000
It is true that Costs, also called differential costs, are the additional costs from selecting a certain course of action.
<h3>What is
differential costs?</h3>
Differential cost serves as the difference between the cost of alternative decisions.
Therefore, It is true that Costs, also called differential costs, are the additional costs from selecting a certain course of action and the cost do take place when a business have several similar options,
Learn more about differential costs, at
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Answer:
Situational Leadership Model (SLM), which leadership style should you exhibit at the next meeting?
Style 4. Delegating
Explanation:
Situational Leadership is based on the relationship between leaders and followers and serves as a framework to analyze each situation.
Situational Leadership: Delegating
Delegating: When you create a follower who feels fully empowered and competent enough to take the ball and run with it, with minimal supervision. The follower is highly competent, highly committed, motivated, and empowered.
Answer:
b. Allow the parties to rescind the contract
Explanation:
Flo enters into a contract with Global Shipping Ltd. to insure and ship a painting from France to the United States at a certain amount mentioned in the contract. However, Global Shipping Ltd. makes a mistake in calculating the costs. As a result, a contract price is equal to the amount that is $1,000 less than the true cost. Most likely, a court would allow the parties to rescind the contract.
Option b. is correct.
Answer:
The correct answer is B
Explanation:
The gross profit is computed as:
Gross Profit (GP) = Selling price - Expense
where
Selling price amounts to $10.00
Expenses involve DM (Direct Material), DL (Direct Labor) and Overhead
So,
DM amounts to $1.70
DL amounts to $3.70
And
Overhead = 22 % of direct labor
= 22% × $3.70
= $0.814
Putting the values above:
GP = $10.00 - ($1.70 + $3.70 + $0.814)
GP = $10.00 - $6.214
GP = $3.786 or $3.79
