Answer:
It must shut down
Explanation:
Even at the lower average variable cost, which is 3.50 dolllar will be lossing money given a market price of 3.00 dollar
Considering is not making enough to cover the variable cost the best option is to shut down and only take a hit for the fixed cost until it can totally exit the market. If it tries to produce it will only make thinks worse as producing generates more losses
Answer:
The lump sum invested was $2,730.30.
Explanation:
Giving the following information:
Invested one lump sum 17 years ago at 4.25 percent interest. Today, the proceeds totaled $5,539.92.
We need to calculate the original amount that this person invested 17 years ago. We will use the following formula:
PV= FV/(1+i)^n
PV= 5,539.92/ (1.0425)^17
PV= $2,730.30
Answer:
Exxon's response worsened its public standing.
Explanation:
Crisis management is the application of game plan to help an organization deal with a sudden and significant negative event.
The Exxon's response is a perfect example of how company should apply thoughtful response in crisis management because Exxon corporation failed to follow several well-established procedures thereby damaged its public standing, failed to seize control of developments after the spill and sending lower-ranking executive to address the situation instead of the chairman going there himself to take control of the situation in a possible way.
The action taken by Exxon led to the impression that the company disregard pollution problem by not involving top management.
Answer:
directive
Explanation:
Directive leadership is a form of leadership, often employed by managers or supervisors in mostly a situation whereby the task to be carried out or done is intricate or difficult and the employees assigned to it, are unwilling and unable. This style of leadership is considered the most appropriate or effective according to situational leadership theory.
Hence, the correct answer in this situation is DIRECTIVE.
Answer:
$13,785
Explanation:
The computation of the amount to be paid for the money machine is shown below:
As we know that
Present value = Future value ÷ (1 + rate of interest)^number of years
= $17,852 ÷ (1 + 0.09)^3
= $17,852 ÷ 1.09^3
= $13,785
