Answer:
The most appropriate leadership style is the Visionary Leadership style
Explanation:
To successfully implement the new system, The leader needs to get his team mates' buy-in by helping them see the impact of the change on the business and how the change impacts their jobs and also emphasize their role in making the change happen successfully
With this style the leader:
1) is taking responsibility for facilitating the change and communicating how the change will happen.
2) Selling the vision by explaining and describing the vision and influencing his team.
3) Ensures the appropriate persons align the vision with their jobs and objectives.
Answer:<u> </u><u><em>Relevant cost of new preferred stock = 10.53%</em></u>
Explanation:
Given:
Dividend = $4.00 per share
Selling for = $40 per share.
Flotation costs = 5% of the selling price.
Marginal tax rate is 30%.
We can compute the cost of new preferred stocks using the following formula:
∴ Relevant cost of new preferred stock = 10.53%
Therefore, the correct option is (d)
Answer:
<u>This statment is </u><u>not </u><u>true:</u><em> O Mike and Maria will both gain only if they trade the same number of phones for the same number of meals.</em>
Explanation:
Mike and Maria agreed to trade part of their results only if that option brought prosperity for both. So we must consider that exchanging the same number of phones and meals would not bring a balance of gain to both, since the financial value of a cell phone is much higher than that of a meal, so Maria would lose.
Compared to the other statements, all are true, because specialization in what they do best would provide added benefits to customers and producers, who would find ways to produce the good more effectively and streamlined processes.