Because then everyone would have money and there would not be enough supply for the demand and the economy would collapse.
Answer:
The correct answer is (B)
Explanation:
In participative leadership managers usually involve employees in making and implementing various decisions. Participative leadership is a type of democracy which help managers and employees to work together to achieve a common goal. Managers usually ask employees to join them in decision making and everybody is free to speak and suggest different measures. Although, very few managers use a participative leadership style.
Answer:
The correct answer is B
Explanation:
In group collectivism, it is defined as the degree to which the person or an individuals states the cohesiveness, loyalty and pride in the business or firm. Few of the characteristics of the societies, which have the high in group collectivism are:
1. The life pace is slower.
2. Obligations and the duties are vital determinants of the social behavior.
3. Strong distinction is made among out groups as well as in groups.
Therefore, Tanya, works for NGO, takes a lot of pride in her work. So, she belongs to a culture which is likely to score high on in group collectivism.
Answer: $464.98
Explanation:
For this question, we are going to use the annuity formula
Future value of an annuity:
= A [(1+r)^n-1) / r]
where
A = Annuity payment = unknown
r = rate per period
=10.67%/12
= 0.1067/12
= 0.00889
n = number of period:
= 35 × 12
= 420
Future value(FV) = $2,100,000
Future value = A [(1+r)^n-1) / r]
2100000 = A[(1+0.00889)^420 - 1)/0.00889
2100000 = A[1.00889)^420 - 1/0.00889
2100000 = A(41.15 - 1)/0.00889
2100000 = A(40.15)/0.00889
2,100,000 = A(4516.31)
A = 2,100,000/4516.31
A = $464.98
I must deposit $464.98 each month to fund the retirement
Answer:
A. $840,000
B. Discount
C. Annual interest expense on these bonds will be more than the amount of interest paid each year.
Explanation:
Data
Bonds issued = $21,000,000
Coupin rate = 4.0%
Market Interest rate = 4.46%
Requirement A: Annual interest amount
Interest amount = Bonds issued x coupon rate
Interest amount = $21,000,000 x 4.0%
Interest amount = $840,000
Requirement B: Whether it is Premium or Discount?
Bonds that Atom Endeavour Co. issued are discount as you can clearly see in the data that the market rate is higher than the coupon rate. Investors who will buy these bonds surely expect a capital gain.
Requirement C:
The discount on the issue of bonds is amortized to interest expense over the life of the bond, therefore the interest expense on these bonds will be more than the amount of interest paid each year,