If Leroy was recently elected to the
position of chair of the department at the university with regard to department
business, Leroy now has legitimate type of power. It <span>originates
from a formal locus or office held in the organization's chain of command of
authority.</span>
Answer:
c. the profit that the theatre chain will make above its break-even point
Explanation:
Like every business, theatres and theatre chains have cost too, and they have to operate with a profit. After reaching the break-even point (nut), the theatre is covering all of its costs. Every dollar of revenue "above the nut" is <em>a profit.</em>
Subsequently, the theatre's management decides how to distribute the profit, having in mind various stakeholders (distribution firms, exhibition firms...).
Answer:
$895.22
Explanation:
We use the present value formula to determine the current bond price i.e shown in the attachment below:
Given that,
Future value = $1,000
Rate of interest = 10.5%
NPER = 8 years
PMT = $1,000 × 8.5% = $85
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the current bond price is $895.22
Answer:
25 years
Explanation:
4% of 100 is $4, $4 times 25 is $100
Answer: Monopolistically competitive structure.
Explanation:
The restaurant industry as described in the question is a Monopolistically competitive structure. In the Monopolistically competitive structure different businesses offer a similar product for sale and they try to make their products unique and can set their prices without considering the price set by their competitors. The Monopolistically competitive structure is difficult market for new businesses to break into.
