Answer: Traditional work group
Explanation:
Traditional work group is the team type that we are familiar with. It is the team type where each employee has a routine task they're expected to perform and there are different departments such as the finance department, production department, sales department, HR department etc. Each department works as a team in order to achieve organizational goals.
Leadership is determined by the hierarchical structure and is usually by the most senior employee in the team. The traditional team is usually stable over time.
Answer:
$248 per unit
Explanation:
Given that
Selling price per unit = $620
Variable cost per unit = $372
Fixed cost = $868,000
Current sales volume = $4,370,000
The formula and the computation of the contribution margin per unit is shown below:
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $620 - $372
= $248 per unit
Answer:
$594.57
Explanation:
For computing the monthly payment we need to apply the PMT formula i.e to be shown in the attachment below:
Given that,
Present value = $31,000
Future value or Face value = 0
Rate = 5.67% ÷ 12 months = 0.4725
NPER = 5 years × 12 = 60 years
The formula is shown below:
= PMT(RATE;NPER;-PV;FV;type)
The present value come in negative
So, after applying the formula, the monthly payment is $594.57
Answer:
The stock's new expected rate of return is 14%
Explanation:
Ke=Rf+beta(Mrp-Rf)
Ke is the cost of capital is 10.20%
Rf i the risk free rate which is unknown
beta is 1.00
(Mrp-Rf) is the market risk premium at 6%
10.20%=Rf+1.0(6%)
10.20%=Rf+6.0%
Rf=10.20-6.00%
Rf=4.20%
Beta for the risky asset is 1.00*130%=1.3
New risk rate is the old rate plus inflation rate of 2.00%
new risk free=4.2%+2%=6.2%
The expected return on the new asset is computed thus:
Ke=6.2%+1.3(6%)
Ke=6.2%+7.8%
Ke=14%