Answer:
Public bank
Explanation:
A public bank is a bank, or a financial institution where a state, municipality would be the owners also it is an entrerprise that are controlled by the government
So as per the given situation the given boston would be acted as an underwriter and engaged in the initial public offering so this represent the public bank
hence, the same would be relevant
Answer:
present value $ 1,026.16
future value $ 1,539.98
Explanation:
Present Value = $ 100 * 1/(1.07) ^ 1 + $ 100 * 1/(1.07) ^ 2 +$ 100 * 1/(1.07) ^3 + $ 200 * 1/(1.07) ^4 + $ 300 * 1/(1.07) ^5 +$ 600 * 1/(1.07) ^6
=93.45+ 87.34+81.62+152.20+213.23+398.32
= $ 1,026.16
therefore, the correct value is $ 1,026.16
b. Future Value = Present Value * ( 1+ Rate of Interest ) ^ Time
= $ 1,175.63 * ( 1+0.07) ^ 6
= $ 1,539.98
Hence the correct answer is $ 1,539.98
Answer:
Participation is needed to obtain necessary commitment
Explanation:
Decision Making Process is a process of Evaluation of various alternatives available through several methods like forecasting.
During evaluation, risk, time and the efficiency of these alternatives are checked.
Team-centred decision making style is preferable when;
1. Relevant information and how to go about issues cannot be not properly arranged by one person
2. Participation is needed for commitment
3. Making one individual as the central power hurts the team
4. If an uncommon decision is to be made
Answer:
b. all development cost are expensed as incurred
