Explanation:
Delegation of authority is a process that enables a person to assign a task to others. As a manager or leader, you're expected to perform several tasks and meet multiple deadlines. To ensure that you achieve your objectives on time, you delegate responsibility to your team members
Answer:
a. a decrease in the marginal productivity of her remaining capital and an increase in the marginal productivity of her labor.
Explanation:
Diminishing returns In economics is the decrease in the marginal (incremental) output of a production process as the amount of a single factor of production is incrementally increased, while the amounts of all other factors of production stay constant.
Due to the fire outbreak, the owner will continuously try to increase her manual effort (labor) into the business, which at a point will overwhelm her remaining capital, leading to the decrease in the marginal productivity of what's left of her capital.
Answer:
If you require a return of 9.7 percent on the company’s stock, you will pay $47.61 for a share today .
Explanation:
Price today = Present Value of Dividends
Present Value of Dividends :
Year Dividend Discounting Factor(9.7%)
0 3.0000
1 8.00 0.9115770282588880
2 13.00 0.8309726784493050
3 18.00 0.7574956047851460
4 23.00 0.6905155923292130
year Present Value(Dividend* Discounting factor)
0
1 7.2926162260711000
2 10.8026448198410000
3 13.6349208861326000
4 15.8818586235719000
Present Value of Dividends 47.612040555616600
Therefore, If you require a return of 9.7 percent on the company’s stock, you will pay $47.61 for a share today .
Answer:
c. credit to Additional Paid-in Capital
Explanation:
The journal entry to record the difference is shown below:
Cash A/c Dr $75 million
To Treasury stock A/c $70 million (1 million shares × $70 per share)
To Additional paid in capital - in excess of par $5 million
(Being the issuance of treasury stocks is reported and the amount remaining is credited to the additional paid-in capital account)
