Answer: $69,959
Explanation:
The amount of interest expense, that Corso will record on December 31, 2019, the company’s fiscal year end will be calculated thus:
First, we calculate the present value of payment which will be made on September 30,2020 and this will be:
= $1000000 × 0.857339
= $857339
Then, the interest expense on December 31,2018 will be:
= $857339 × 8%/12 × 3
= $17147
Therefore, the Interest expense on December 31,2019 will be:
= ($857339 + $17147) × 8%
= $874486 × 0.08
= $69959
Answer:
$47,500
Explanation:
The computation of the dollars amount received for the 5,000,000 yen is shown below:
= Expected yen receivable × forward rate
= 5,000,000 × $.0095
= $47,500
To find out the dollar amount we multiply the Expected yen receivable with the forward rate so that accurate value can come. And, we ignored the current spot rate and the turns out spot rate
Answer:
Net Pay is equal to $1,474.19.
Explanation:
Net is Gross Pay minus taxes deductions. Therefore, Net Pay can be calculated as follows:
<u>Particulars ($) ($) </u>
Gross Pay 1,837.00
<u>Taxes Deductions</u>
Federal (8.24% of Gross Pay) (151.37)
FICA Medicare (1.45% of Gross Pay) (26.64)
FICA Social Security (6.20% of Gross Pay) (113.89)
State - OK (3.86% of Gross Pay) <u> (70.91) </u>
Total <u> (362.81) </u>
Net Pay <u> 1,474.19 </u>
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Therefore, Net Pay is equal to $1,474.19.
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.
