In a situation where production capacity is maxed out (200%
plant utilization) and the company is stocking out of the product, it is not advisable
in the short run to increase the promotional budget for the product in a bid to
increase awareness.
Below is to complete the question;
<span>How much money should Timothy and Tiffany deposit annually for 20 years in order to provide an income of $30,000 per year for the next 10 years? Assume the interest rate is a constant 4%.
</span>
<span>Use the annual rate formula.
You are given Future, F=$30,000
You are given interest, i=4% or 0.04
You are given time, n=10 years for future equation and n=20 years for annual equation.
Plug those numbers in the formulas your teacher gave you.</span>
Answer:
The question is missing the options, which can be found in the attached.
The number of bonds necessary to raise the funds is 46,009
Explanation:
First of all, I calculated the price at which would be issued using the pv formula in excel, which =pv(rate,nper,pmt,fv)
rate is the yield to maturity divided by 2 because it is semi-annual payment
nper is 30 years multiplied by 2
pmt is the semi-annual coupon payment
fv is the $2000 payable on maturity
Find attached.
Answer:
No. I do not think leadership style is fixed.
Explanation:
There are various leadership styles used by leaders in organizations depending on the type of job, the category of employees, the situation, or the organizational goal the leader is trying to achieve.
Some of these leadership styles include; bureaucratic, democratic, autocratic, servant and transactional leadership styles.
It is best for leaders to be flexible and know what style to adopt depending on the particular situation.
For example, in <u>situations where employees are inexperienced</u>, a leader should choose a leadership style (such as bureaucratic leadership) where he gives instructions and directs the employees on what to do.
If on the other hand, such a l<u>eader is in charge of experienced employees</u>, then he can adopt the democratic style of leadership, where the employees are allowed to give inputs and have freedom to make certain decisions.
