Answer:
Option D is the correct answer,$ 88,338.48
Explanation:
The liability reported in the balance sheet can be computed by using the pv formula in excel which is stated thus:
=-pv(rate,nper,pmt,fv)
rate is the incremental borrowing rate of 11% per year
nper is the number of payments required to settle the obligation which is 10
pmt is the amount of yearly payment in order to fully settle the debt owed which is $15,000 per year
fv is the future worth of total payments which is not unknown,hence taken as zero
=-pv(11%,10,15000,0)=$ 88,338.48
The correct answer is $ 88,338.48
The percentage of fixed costs in a company's cost structure.
Because they can make themselves look good and show how Wealthy they are
Answer:
d. groupthink
Explanation:
Based on the information provided within the question it can be said that in this scenario, Sheila is engaging in groupthink. This term refers to when individuals in a group tend to make irrational and dysfunctional decisions all for the desire to maintain harmony between the group. Which is what Sheila is doing by suppressing her opinion and voting the same as the other managers.
