Answer:
The correct answer is $21,522.04.
Explanation:
According to the scenario, the given data are as follows:
Present value = $10,000
Rate of interest = 11%
Rate of interest (r) ( compounded monthly) = 11% ÷ 12 = 0.00916
time period = 7 years
Time period ( compounded monthly) (t) = 7 × 12 = 84
So, we can calculate the future value by using following method:
FV = PV × ( 1 + r)^t
By putting the value, we get,
FV = $10,000 × ( 1 + 0.00916)^84
FV = $21,522.04
Answer:
0.0210
Explanation:
The computation of the weight of the preferred stock is shown below:
Particulars Shares Price Value ( Shares × Price) Weight ( Value ÷Total value)
Equity 10,800 $42 $4,53,600 0.4179
Preferred Stock 245 $93 $22,785 0.0210
Bonds 580 $1,050 $6,09,000 0.5611
Total value $1,085,385
for computing the weight we simply divide the value of the preferred stock with the total value
Answer:
Country Club
Explanation:
The Blake and Mouton's Leadership Grid has this Country Club which emphasise on the people more, that is about their well being.
This environment concludes that if employees are happy and in good positive attitude they will automatically work hard and achieve the results.
In this case the management is not much conscious about the results as they believe that results will be better, but generally it is observed that due to lack of any managerial control and directions the task is not achieved.
Answer:
The statement is false
Explanation:
Non- essential expense is the expense which is spent on the extra things, which means it is not essential to meet the needs. Whereas the essential expense are those expenses which are spend on consuming the things required for living. For example food, cloth.
So, both the expenses are those expense which are necessary for an individual or person and therefore, cannot be reduced in order to produce the more savings.
Answer:
Hold meeting with employees, volunteers and representatives of other local shelters and listen carefully as they brainstorm ideas.
Explanation:
A leader can be defined as an individual who motivates and inspires a group of people towards achieving a common goal. A good leader must possess the following characteristics:
1) A leader must be a good communicator, he/she must be able to deliver information to the group in an orderly manner.
2) A good leader must be able to inspires others.
3) A leader must lead with honesty.
4) A leader must be able to make good decisions.
5) A good leader should be able to account for his/her various activities.