All categories

2 years ago

Do you think leaders are arthur those who should receive perfect obedience

1 answer:

6 0

<span>No, leaders should not receive perfect obedience. Leaders should constantly have to earn the trust and respect of the people that follow them. A good leader is not afraid to have their ideas challenged. Once a leader has established trust and confidence, followers will choose to follow.</span>

You might be interested in

Assume you just deposited $1,000 into a bank account. The current real interest rate is 2%, and inflation is expected to be 6% o

solmaris [256]

Answer:

Part 1:

Nominal rate=8.12%

Part 2:

$FV=1000(1+0.0812)^1\\FV=\$1,081.2$

$1,081.2 is the money you will have at the end of one year.

Part 3:

The Saving account is short of $31.8 ($1113-$1081.2) to buy the bicycle after 1 year because of inflation.

Explanation:

Real Interest rate=2%

Inflation rate=6%

Deposited amount=$1000

Part 1:

Formula:

Real interest rate= $\frac{1+Nominal\ rate}{1+inflation\ rate}-1$

$2\%=\frac{1+Nominal\ rate}{1+6\%} -1\\Nominal\ rate=[(0.02+1)*(1+0.06)]-1\\Nominal\ rate=0.0812$

Nominal rate=8.12%

Part 2:

How much money will you have at the end of one year can be calculated as:

$FV=PV(1+i)^n$

where:

FV is the future value

PV is the present value=$1000

i is the Nominal interest rate (Calculated above)=8.12%

n is the number of years=1 year

$FV=1000(1+0.0812)^1\\FV=\$1,081.2$

$1,081.2 is the money you will have at the end of one year.

Part 3:

Calculating the price of bicycle after one year due to inflation:

$FV_{bicycle}=PV(1+inflation\ rate)^n\\FV_{bicycle}=1050(1+0.06)^1\\FV_{bicycle}=\$1113$

The Saving account is short of $31.8 ($1113-$1081.2) to buy the bicycle after 1 year because of inflation.

6 0

3 years ago

Strategic fit among the many activities in the value chain is critical for competitive advantage because it is more difficult fo

Neko [114]

Answer:

True

Explanation:

In business, value chain is a set of actions that companies do in order to give value for the customers.

The 'value' could come anything as long as it benefited the customers. This include things such as the quality of their products, the quality of their services, the convenience that they provide for the product delivery, etc.

Having many positive activities in the value chain will create a positive market perception toward your company. This will create more reasons for the customers to choose you over the competitors.

If you have small amount of activities within your value chain, it will be easily copied by your competitors and you will eventually be outperformed.

5 0

3 years ago

ABC Company holds a well-diversified portfolio in the amount of $90,000 that has an expected return of 11.0% and a beta of 1.28.

STatiana [176]

The Correct Answer Is E. 1.23

4 0

2 years ago

On May 23, Stoltz Realty Inc. issued for cash 80,000 shares of no-par common stock (with a stated value of $3) at $12. On July 6

Slav-nsk [51]

Answer:

23rd May

Dr Cash 960,000

Cr Common stock 240,000

Cr Paid-in Capital - Common Stock 720,000

( to record the issuance of 80,000 common shares for cash)

6th July

Dr Cash 900,000

Cr Preferred stock 900,000

( to record the issuance of 18,000 preferred shares for cash)

15th September

Dr Cash 750,000

Cr Common stock 150,000

Cr Paid-in capital - Common Stock 600,000

( to record the issuance of 50,000 common shares for cash)

Explanation:

Working notes for each transactions:

* 23rd May:

Cash increases by: Amount of stocks issued * Price at issuance = 80,000 * 12 = $960,000

Common stock account increases by: Amount of stock issued * Stated value = 80,000 * 3 = 240,000

Paid-in capital account increased by: Amount of stock issued * ( Price at issuance - Stated value) = 80,000 * 9 = $720,000

* 6th July:

Cash increases by: Amount of stocks issued * Price at issuance = 18,000 * 50 = $900,000

Preferred stock account increases by: Amount of stock issued * Par value = 18,000 * 50 = $900,000;

As shares are issued at par; no paid-in capital amount recorded.

* 15th September:

Cash increases by: Amount of stocks issued * Price at issuance = 50,000 * 15 = $750,000

Common stock account increases by: Amount of stock issued * Stated value = 50,000 * 3 = 150,000

Paid-in capital account increased by: Amount of stock issued * ( Price at issuance - Stated value) = 50,000 * 12 = $600,000.

3 0

2 years ago

Gomez runs a small pottery firm. He hires one helper at $11,500 per year, pays annual rent of $7,000 for his shop, and spends $2

madreJ [45]

Answer:

in this problem, we need to calculate Gomez's accounting and economic profit. To do this, let us first classify and list the explicit and implicit costs. Revenue: Sales: $85,000 Explicit costs: Cost of one helper: $18,000 Rent: $8,000 Materials: $24,000 These are the costs that require an outlay of cash. Implicit costs: Opportunity cost of funds invested in equipment: $7,000 Gomez could have invested the funds in another asset that could earn him $7,000 Opportunity cost of working as a potter in his own shop: $20,000 Gomez could have worked as a potter for a competitor that could earn him $20,000. This is the worth of Gomez's skill as a potter. Entrepreneurial talent: $4,000 This is the worth of Gomez's talent in running the business. These costs do not require an outlay of cash. These are the implicit costs. Now, we are ready to calculate both the accounting and economic profit of Gomez. a. Calculate the accounting profit for Gomez's pottery firm. $_ Accounting profit = Total Revenue − Total Explicit Costs Accounting profit = $ 85 , 000 − ( $ 18 , 000 + $ 8 , 000 + $ 24 , 000 ) Accounting profit = $ 85 , 000 − $ 50 , 000 Accounting profit = $ 35 , 000 The accounting profit is equal to $35,000. b. Now calculate Gomez's economic profit. $_ Economic profit = Total Revenue − Total Explicit and Implicit Costs Economic profit = $ 85 , 000 − ( $ 18 , 000 + $ 8 , 000 + $ 24 , 000 + $ 7 , 000 + $ 20 , 000 + $ 4 , 000 ) Economic profit = $ 85 , 000 − $ 81 , 000 Economic profit = $ 4 , 000 The economic profit is equal to $4,000.

8 0

3 years ago