W. L. Gore has nearly 10,000 employees and more than $3 billion in annual revenues, but, as noted earlier, uses an extremely organic organizational structure. Employees have no bosses, participate on teams, and often create roles for themselves to fill functional gaps within the company.
Answer:
B) reserves lost by any particular bank will be gained by some other bank.
Explanation:
Banks "create" money when they make loans or buy securities from private parties. This money creation is the result of the money multiplier = 1 / reserve ratio.
This money creation process is not affected by which specific bank may hold the deposits, since money withdrawn from a bank will end up in another bank. The money multiplier applies to the whole banking system, not just an individual bank or group of banks.
<span>A. The relative price of goods and services. The law of demand and
supply explains the interaction between the supply and demand of a resource. The
law of demand states that if all things are equal, the higher the price the
lesser (quantity) the demand for the goods/services. While the
law of supply states that if all things are equal, the higher the price, the
higher the (quantity) supply of goods/services. </span>
Answer:
I believe that this problem is about determining the equivalent annual cost of leasing option A:
lease cost year 1 = $36.25/sf
lease cost year 1 = $37.25/sf
lease cost year 1 = $38.25/sf
lease cost year 1 = $39.25/sf
lease cost year 1 = $40.25/sf
there are two ways to calculate this solution and the answer will vary significantly depending on which assumption you take:
a) lease payments are paid at the beginning of the year
the PV = $36.25 + $37.25/1.06 + $38.25/1.06² + $39.25/1.06³ +$40.25/1.06⁴ = $170.27
equivalent annual cost = ($170.27 x 6%) / [1 − (1 + 6%)⁻⁵
] = $10.2162 / 0.2527 = $40.42/sf
b) lease payments are paid at the end of the year
the PV = $36.25/1.06 + $37.25/1.06² + $38.25/1.06³ + $39.25/1.06⁴ +$40.25/1.06⁵ = $160.63
equivalent annual cost = ($160.63 x 6%) / [1 − (1 + 6%)⁻⁵
] = $9.6378 / 0.2527 = $38.13/sf
