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spayn [35]
3 years ago
14

EFT, Inc. EFT, Inc. wants to empower and engage its employees. They have several teams consisting of highly skilled employees an

d no one person on these teams has a specifically assigned position. Instead, employees lead each other as the occasion arises so there is no formal hierarchy or organizational chart. This type of leadership is most effective when:
Business
1 answer:
Alecsey [184]3 years ago
6 0

Answer:

This question is incomplete, the options are missing and the final sentence is written wrong.

The options are the following:

a) People-oriented leadership

b) Managerial leadership

c) Shared leadership

d) Servant leadership

And the correct answer is the option C: Shared leadership

That type of leadership<u> is known as</u> Shared leadership.

Explanation:

To begin with, the <em>"Shared leadership" </em>is the name given to a style of leadership that is used in the companies with the purpose of letting the members of a team to work together as there were no leader at all but instead every member lead each other as the occassions arises and the project goes on. Therefore that this style matches with the description given in where the team members help each other to resolve the situations that evolve as long as the project keeps to continue.

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A company has a target debt-equity ratio of 0.57. The yield to maturity on its bonds is 11 percent. Its cost of equity is 17 per
vfiekz [6]

Answer:

13.54%

Explanation:

Debt Equity Ratio (Debt/Equity)=0.57

Yield to Maturity (YTM) on bonds (Cost of Debt) (Kd) = 11%

Cost of Equity (Ke) = 17%

Income Tax Rate= 32%

Computation of WACC

Particulars   Proportion (1)     Cost (2)    Weighted Cost (1*2)

Equity                0.6369                 17                   10.8273

Bond (Debt)       0.3631                 7.48               <u>2.7160</u>

Total                        1                                            <u>13.5433</u>

Therefore, the WACC of Company= 13.54%

<u>Working Note 1</u>

<u>Computing Proportion</u>

Debt/Equity=0.57

Therefore Debt= 0.57 Equity

Lets assume Equity = 10

So Debt = 5.7

Hence, Proportion is as follows:  

Equity= 10/15.7 =0.6369

Debt= 5.7/15.7 = 0.3631

<u>Working Note 2</u>

After tax cost of Debt = 11 * (1 - 0.32)

After tax cost of Debt = 11 * 0.68

After tax cost of Debt = 7.48%

3 0
3 years ago
Given the following information on a fixed-rate fully amortizing loan, determine the maximum amount that the lender will be will
tatiyna

Answer:

The maximum amount that the lender will be willing to provide to the borrower is $9,006.

Explanation:

Fixed payment for a specified period is know as the annuity. We will use the formula of present value of present value of annuity payment.

APV = C x [ ( 1 - ( 1 + i )^-n ) / i ]

C = Monthly payment = $800

Interest rate =i 8% = 0.08

n = number of years = 30 years

APV = $800 x [ ( 1 - ( 1 + 0.08 )^-30)/0.08 ]

APV = $800 x 11.2578

APV = $9,006

So, The maximum amount that the lender will be willing to provide to the borrower is $9,006.

5 0
3 years ago
Select the true statement or statements regarding the loanable funds market. Foreign entities cannot save in the United States.
Shalnov [3]

<u>Solution: </u>

The following are the correct and incorrect options

<u>Correct option</u>: Households used to save and those savings are utilized for investment through the intermediaries like bank. Firms and governments take those funds for their investment acts.

<u>Correct option</u>: Foreigner can invest in the US (suppose foreign direct investment) but can’t save here, since there is difference in currency (suppose a foreigner earns in pond can’t save in US dollar).

<u>Other options are not correct: </u>

<u>Incorrect option</u>: Savings means personal savings, which are not yet kept into a bank.

<u>Incorrect option</u>: such purchases are investments but not savings.

3 0
3 years ago
You have just been promoted from a supervisory role to a mid-level management position overseeing several work teams. You are ea
AveGali [126]

A good manager must first have a knowledge of the company's set of ethics and policies, and exercise it in an exemplary manner. Leadership is also an important factor for good management, a good leader should be open to dialogue, exercise inclusion and participation, assisting employees in their difficulties and motivating them with example, organization and discipline.

5 0
3 years ago
The founder of a restaurant is an example of:<br> Land<br> Labor <br> Capital <br> Entrepreneurship
blondinia [14]
Entrepreneurship - people who run business and create the business themselves
5 0
3 years ago
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