I think that he should save it just in case if he needs the document again some other time.
Answer:
Rational is based on the logical preference. Being irrational does not means that the choice is made based on monetary preference. It is more logical than monetary.
Explanation:
The two friends took same courses in college but after the completion of college degree one decides to go for MBA and other pursues PhD in English. The expected earnings of MBA are higher than PhD but one of friend who chooses the PhD has not considered the logical decision making based on money. He might have chose the PhD because he is more interested in becoming a professor rather than a business professional.
Answer:
b. 26
Explanation:
Marginal utility refers to the utility gained by the consumption of an additional unit of a commodity. It is the satisfaction enjoyed by a consumer for the additional use of a unit of a good or service.
Given that the total marginal utilities is 105 and the marginal utilities of the first, second, and fourth sodas are 35, 28, and 16 respectively, the marginal utility of the third soda
= 105 - (35 + 28 + 16)
= 26
Answer:
The company’s target debt-equity ratio is 1.16 : 1
Explanation:
Percentage flotation costs = 1 - (14100000/14100000 + 735000)
= 1 - (14100000/14835000)
= 4.95%
We know that:
(1 + Debt/Equity)*4.95% = 0.071 + 0.031*(Debt/Equity)(Percentage flotation cost equation)
0.0495 + 0.0495*(Debt/Equity) = 0.071 + 0.031*(Debt / Equity)
0.049545*(Debt/Equity) - 0.031*(Debt/Equity) = 0.071 - 0.0495
0.018545*(Debt/Equity) = 0.021455
Debt/Equity = 0.021455/0.018545
Debt / Equity = 1.16 : 1
Therefore, The company’s target debt-equity ratio is 1.16 : 1
The best management style is when employees are lead by example and not by command.
