<span>When the top management team is homogeneous and a new CEO is selected from inside the firm, it is B. unlikely that the current strategy is going to change.
Nothing much is going to change when it comes to the way this company works - be it strategy or its other functioning. It doesn't really matter whether the CEO came from inside or the outside of the firm - if the strategy is good, it shouldn't be changed </span><span /><span>
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Answer:
B
Explanation:
You want a good impression with people and you also need people to help you along the way
Answer:
Total yield or rate of return is 0.36 or 36%
Explanation:
To calculate rate of return which is also the total yield on the stock, we will use the following formula,
Total Yield = (D + C) / P0
Where,
- D represents dividends paid by the stock during the year
- C is the capital appreciation(pr depreciation) or rise(or fall) in the price of the stock as compared to the purchase price
- P0 is the purchase price or price in Year 0
Total dividends for the year = 1.5 * 4 = $6
C = 130 - 100 = $30
Total Yield = (6 + 30) / 100
Total yield = 0.36 or 36%
Elaina and Allen just purchased a home using a deed of trust: A trustee will keep the title in its most basic form until the debt is paid off. This is further explained below.
<h3>What is a deed of trust?</h3>
Generally, From the perspective of the lender, a deed of trust offers a significant advantage over a mortgage in a number of important respects. In the event that the borrower fails to make their required payments on the loan, the trustee has the authority to use their right to foreclose on the property on behalf of the beneficiary.
In conclusion, A deed of trust was used in the recent purchase of a property by Elaina and Allen. Until the mortgage debt is completely paid off, a trustee will retain the title in its simplest form.
Read more about the deed of trust
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Answer:
C. Insurance expense will increase $2,250
Explanation:
On April 1 2016, the following journal entry will be recorded in respect of the premium paid on a one year insurance policy:
Debit Credit
Prepaid Insurance $3,000
Cash $3,000
The year end given in this question is December 31, 2016 and the insurance premium is for one year and since the insurance premium is paid on April 1, 2016, therefore, only expense in respect of 9 months i.e. from April 1, 2016 to the December 31, 2016 will be recognised in this year. Remaining expense of three months will be recognised in the Year ended December 31,2017.
The following Journal entry will be recorded in respect of insurance expense in accounts on December 31, 2016.
Debit Credit
Insurance expense(3,000*9/12) 2,250
Prepaid Insurance 2,250
So the answer will be C. Insurance expense will increase $2,250
