Answer:
Reflect on the objections that might be raised to your intended expressed views
Explanation:
Professor Mary Gentile developed the giving voice to values (GVV) approach to values driven business leadership.
It is a different approach because it doesn't focus on telling people what is right or wrong, instead it encourages individuals to put into practice their own values and ask themselves "What should I say or do if I was to act on my values?"
Answer:
Explanation:
The cost of the car = $40,000
Down payment = $5,000
Therefore loan amount on the car = Cost of the car - Down payment
= $40,000 - $5,000
= $35,000
But loan repayment starts from 13th months; therefore there are 12 months or 1 year for which interest amount will be added with the total loan amount
Total loan amount after one year = $35,000 * (1+6%) ^1 = $37,100
Now we can use PV of an Annuity formula to calculate the monthly payment of car loan
PV = PMT * [1-(1+i) ^-n)]/i
Where PV = $37,100
PMT = Monthly payment =?
n = N = number of payments = 60 months
i = I/Y = interest rate per year = 6%, therefore monthly interest rate is 6%/12 = 0.5% per month
Therefore,
$37,100 = PMT* [1- (1+0.005)^-60]/0.005
PMT = $37,100/51.72
= $717.38
Therefore correct answer is option A. $717.38
Answer:
Highland construction company
Income statement
For the year ended December 31, 2014
Sales revenue=128,400
Total expense=80,200
Pretax income=48,200
Tax =14,460
Net income =33,740
Highland construction company
Statement of stockholder's equity
For the year ended December 31,2014
Balance December 31,2013=0
Stock issuance =87,000
Add:Net income
Less:Dividends
Balance December 31,2014=87,000
Highland construction company
Balance sheet
December 31,2014
Account payable=46,140
Salaries payable=2,520
Total liabilities
Common stock=87,000
Retained earnings=23,740
As complete information is not given so only relevant portion is done.
Answer:
(i) 9.1
(ii) 10.2
Explanation:
Accounts receivable turnover for 20Y2:
Average accounts receivable:
= (Beginning account receivable + Ending accounts receivable) ÷ 2
= (300,000 + 340,000) ÷ 2
= $320,000
Accounts receivable turnover ratio;
= Net annual credit sales ÷ Average accounts receivable
= $2,912,000 ÷ $320,000
= 9.1
Accounts receivable turnover for 20Y1:
Average accounts receivable:
= (Beginning account receivable + Ending accounts receivable) ÷ 2
= (280,000 + 300,000) ÷ 2
= $290,000
Accounts receivable turnover ratio;
= Net annual credit sales ÷ Average accounts receivable
= $2,958,000 ÷ $290,000
= 10.2
Answer:
Toby is not maximizing his utility because MUp/Pp > MUc/Pc
Explanation:
given data
marginal utility consuming peanuts = 100 utils per ounce
marginal utility consuming cashews = 200 utils per ounce
peanuts cost = 10 cents per ounce
cashews cost = 25 cents per ounce
solution
we know that Toby will have maximize utility when here
Marginal utility of peanut ÷ price of peanut = Marginal utility of cashew ÷ cash ..........................1
MU (p) ÷ P (p) = MU (c) ÷ P (c)
put here value
but here
10 > 8
so we can say Toby is not maximizing his utility because MUp/Pp > MUc/Pc
