Very true, If it weren't to do this, it would defeat its purpose.
The real interest rate is simply nominal interest rate
less the inflation rate. In equation form this is equivalent to:
Real interest rate = Nominal rate – Inflation Rate
Real interest rate = 9% - 4%
Real interest rate = 5%
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Answer:
$160,000
Explanation:
Data provided in the question:
Value of the building acquired = $170,000
Number of shares exchanged = 10,000
Selling price of the stocks = $16 per share
Now,
The amount for which the building will be recorded by Steak Company is the market value of the shares that has been exchanges to acquire the building.
Therefore,
The amount for which the building will be recorded by Steak Company
= Number of shares exchanged × Selling price of the stocks
= 10,000 × $16
= $160,000
Answer: Low risk taking culture
Explanation:
Organisational culture includes the behaviour, beliefs, value and principles in which an organisation operates on. It's entails the way business are done, decisions are made etc.
Low risk taking is an organisation culture aimed at minimising risks. Recommendations and Decisions are based on facts and genuine data not on abstract and unreal thoughts with decisions fully documented.
