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3 years ago

Michael has the ability to create and articulate a realistic, credible, and attractive vision of the

Business

1 answer:

irina1246 [14]3 years ago

6 0

Answer:

Visionary.

Explanation:

A visionary leader is someone who has a clear-cut idea of what he/ she wants in the future. This type of leader will be able to not only create and articulate a clear idea, a realistic idea but also be credible and provide an attractive vision for the company's future.

The leader will help set up a realistic plan to further improve the company, bringing his vision to reality. This will help the company or organization to grow and improve. Likewise, Michael is a visionary leader, with his creative and realistic vision for the organization. He will lead the team to a better, improved future for not only himself but everyone.

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When income increases from $2800 to $3600 per month, quantity demanded of Good G decreases from 1,200 units to 800 units. What i

Paladinen [302]

Answer:

The income elasticity of demand for Good G is 1.17

Explanation:

Income elasticity of demand = % change in quantity demanded ÷ % change in income

% change in quantity demanded = (1200-800)/1200 × 100 = 400/1200 × 100 = 33.33%

% change in income = (3600-2800)/2800 × 100 = 800/2800 × 100 = 28.57%

Income elasticity of demand for Good G = 33.33% ÷ 28.57% = 1.17

7 0

3 years ago

Gaw Company owns 15% of the common stock of Trace Corporation and used the fair-value method to account for this investment. Tra

antoniya [11.8K]

Answer:

The income should Gaw recognize on this inverstment is $ 16500.

Explanation:

The net income should recognize on inverstment = $ 110000×15%

= $ 16500

therefore, the income should Gaw recognize on this inverstment is $ 16500.

3 0

3 years ago

how long will it take 13,000 to grow to 18,000 if the investment earns at the interest rate of 3% compunded monthly

kondaur [170]

Answer:

130 months

Explanation:

The computation of the time period is shown below:

Given that

Present value = $13,000

Future value = $18,000

PMT = $0

RATE = 3% ÷ 12 = 0.25%

The formula is shown below:

= NPER(RATE;PMT;-PV;FV;TYPE)

The present value comes in positive

After applying the above formula, the time period is 130 months

Therefore the time that should be needed is 130 months

4 0

3 years ago

Consider a project with free cash flows in one year of $90,000 in a weak economy or $117,000 in a strong economy, with each outc

zepelin [54]

Answer:

Option (D) is correct.

Explanation:

Expected cash flow in year 1 : C1 = (0.5 × 90,000) + (0.5 × 117,000)

= 103,500

Discount rate, r = Project's WACC = 15%

Hence, Value of the project today = Vp = C1 ÷ (1 + r)

= 103,500 ÷ (1 + 15%)

= $90,000

Value of equity today : Ve0 = Vp - Debt

= 90,000 - 60,000

= 30,000

Value of equity in year 1 = Project cash flows - Debt × (1 + interest rate)

Weak economy = 90,000 - 60,000 × (1 + 5%)

= 27,000

Strong economy = 117,000 - 60,000 × (1 + 5%)

= 54,000

Expected value of equity in year 1 : Ve1 = (0.5 × 27,000) + (0.5 × 54,000)

= 40,500

Hence, Levered cost of equity, Ke = (Ve1 ÷ Ve0) - 1

= (40,500 ÷ 30,000 ) - 1

= 35%

5 0

4 years ago

Am I correct??

Natasha_Volkova [10]

I personally would go with Pay off credit card balances in full each month because then you don't have to worry about it next month.

8 0

3 years ago