Answer:
Short-term operational efficiency
Explanation:
A formal rotational program is when employees of a firm are rotated among the different departments in an organisation according to a schedule.
A disadvantage of this program is that the company only gets to observe employees for a short period of time. This time might not be sufficient to determine the talent of the employee in a department. Also, the employee might show efficiency in a particular department in the short term but if left for a longer period, the employee might in fact be inefficient in that department.
Answer:
(A) Half-year and (D) Half-year
Explanation:
MACRS stands for Modified Accelerated Cost Recovery System and is the most commonly-used tax depreciation method .Without getting into too much detail, MACRS is accelerated depreciation that allows for a larger deduction while the asset is still new. By comparison, straight-line depreciation gives you the same deduction year after year over the asset's useful life. MACRS cannot be used for intangible property, nor can it be used to depreciate. MACRS convention determines the number of months for which you can claim depreciation during a partial year, either when you first placed the asset in service or when you disposed of it. The mid-month convention only applies to residential rental property, nonresidential real property, and railroad grading or tunnel bore. It simply means that you get a half month's worth of depreciation no matter when that asset was placed into (or taken from) service during that month, whether that was at the beginning, middle, or end of the month. The half-year convention works the same way but instead of the month it goes by the year. In other words, you'll get 6 months' depreciation if the asset was placed into service or disposed of during the year, no matter if it was in January or December.
Answer:
Option B
Explanation:
In simple words, The key responsibility of an institution's board of directors is to spend time to determine that every other board member is emotionally involved and interested in the company's objectives is invested well. When the board members are fully committed, they will become the strongest leaders, champions, strategists, and sponsors around the charity.
Thus, from the above we can conclude that the correct option is B.
Answer:
a. Levered beta = unlevered beta * ( 1 + (1-tax rate)*D/E ) = 1.2 * (1 + ( 1 - 0) * (40/60) ) = 2.0
Answer:
The unlevered beta is 1.03
Explanation:
The formula for unlevered beta is given below:
Unlevered Beta (βA) = Equity Beta (βE)
/1 + (1 − t) × D/E
equity beta is 1.40
t is the tax rate at 35% or 0.35
D is the debt value given as 36% or 0.36
E is the equity value given as 64% or 0.64
Unlevered Beta (βA=1.40/(1+(1-0.35)*0.36/0.64
Unlevered Beta (βA)=1.40/1+(0.65)*0.36/0.64
Unlevered Beta (βA)=1.40/1+(0.65)*0.5625
Unlevered Beta (βA)=1.40/1+0.365625
Unlevered Beta (βA)=1.40/1.365625
=1.025171625 approx. 1.03
