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LenaWriter [7]
3 years ago
14

What is meant by centralised direction

Business
1 answer:
Alla [95]3 years ago
5 0

Centralized direction explain why we often overestimate how well we can predict future actions of others.


I hope that's help:0

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Although Martin is not in top management, he is charismatic and well liked by others in his organization. Other employees often
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<em>Informal leadership</em>

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Informal leadership is an individual's <em>ability to manipulate other people's behavior through means other  than structured authority granted by the company across its rules and regulations. </em>

Informal leadership is simply any kind of leadership that is not formally based.

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The selling price of the company’s product is $22 per unit. Management expects to collect 75% of sales in the quarter in which t
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7 0
3 years ago
Your landscaping company can lease a truck for $7,800 a year (paid at year-end) for 6 years. It can instead buy the truck for $3
Alexandra [31]

Question:

Graded assignment(towards 15% Hw grade) Saved Help Save& Exit Submit Check my work Your landscaping company can lease a truck for $7,800 a year (paid at year-end) for 6 years. It can instead buy the truck for $38,000. The truck will be valueless after 6 years. The interest rate your company can earn on its funds is 7%. 10 points

What is the present value of the cost of leasing?

Answer:

Cost of lease = $37,179.01

Explanation:

Leasing is a finance arrangement where one party (the lessor) transfers the right to use an asset to another party (the leasse) in exchange for a rent.

The cost of a lease to the leasee is the present value of the future lease payment  discounted at the cost of capital.

So using the present value of annuity formula, we can work out the cost of the lease arrangement as follow:

PV =A×  (1- 1+r)^(-n)/r

PV- Present Value

r- interest rate

n- number of years

A- annual lease payment

PV -

A-7,800

r-7%

n-6

PV = 7,800× (1- (1.07)^(-6)/0.07 =  37,179.01  

Present Value = $37,179.01

Cost of lease = $37,179.01

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3 years ago
Which federal agency calculates the Consumer Price Index (CPI)?
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<span>U.S. Bureau of Labor Statistics</span>
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4 years ago
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Relatively fast growth, coherence, prominent impact, and uncertainty and ambiguity.
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