The answer to the blank space in the question is task significance. Task significance is <u>the extent to which a person’s job is perceived as important and has impact on both the company and customers</u>.
Jobs with higher task significance would be perceived as important by both the person doing it and other people around him, including his co-workers and customers.
Answer: Trade associations are non-profit organizations whose primary purpose is to <u>provide different learning tools for businesses in a particular industry.</u>
To solve this problem, we first make a chart that shows the spending pattern of $90 million over 23 years.
$90 million at 11% = [math]\frac{90 \times 1.11^{23}}{100}=903.478[/math]. The future worth at the end of the 23-year is approximately $903,478.
Since the problem does not provide a standard amount of time that people usually use to measure interest rates, we can infer that this rate should be 10% per year.
Using 10% per year instead of 11%:
$90 million at 10% = [math]\frac{90 \times 1.10^{23}}{100}=897.507[/math]. The future worth at the end of the 23-year is approximately $897,507.
Since the total amount that was spent on development over a period of 23 years is $90 million and the answer in our problem has to be in millions, we have to adjust the amount.
$90 million x 100 = $9 billion. The future worth at the end of the 23-year is approximately 9 billion dollars.
Answer: The optimal capital structure maximizes the firm’s stock price.
Explanation:
The Capital Structure of a company refers to the proportion of debt vs equity that it chooses to use to fund its Assets and operations.
The goal of management is to use the capital structure to fund the company in such a way that the market value of a company increases.
The Market value is reflected by the firm's stock price so the optimal capital structure is meant to maximize the firm’s stock price.
Answer:
the current yield is 6.15%
Explanation:
Here for computing the current yield first we have to determine the monthly payment by applying the PMT formula
Given that
NPER = 5 × 2 = 10
RATE = 8% ÷ 2 = 4%
PV = $900
FV = $1,000
The formula is shown below:
= PMT(RATE;NPER;-PV;FV;TYPE)
After applying the above formula, the pmt is $27.67
Now the current yield is
= $27.67 × 2 ÷ $900
= 6.15%
Hence, the current yield is 6.15%
