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RoseWind [281]
1 year ago
7

Elmer Inc., a software company, has a diverse workforce. Its employees work hard to meet their goals, and therefore, the managem

ent of the company has formed several extracurricular groups to help the employees relax. Everyone is free to join any or all of these groups, irrespective of their age, gender, or ethnicity. In the given scenario, which of the following statements is true of Elmer Inc.? Select one: a. It has an ethnocentric work environment. b. It has achieved full integration of its informal networks. c. It has a hierarchical approach to organizational control. d. It has high levels of job embeddedness.
Business
1 answer:
Nadusha1986 [10]1 year ago
5 0

Answer:

d. It has high levels of job embeddedness.

Explanation:

Job embeddedness as described and originated by Mitchell et al(and colleagues) are the various factors that influence or bring about job retention or simply keeps one at a particular job or an organization hence reducing job turnover. Under job embeddedness, an employee is likely to stay in an organization and not leave if he feels a connection to it which could be in terms of his connection to his team or colleagues in the organization or other things outside the organization like family. Job embeddness was meant to improve on traditional models of job turnover that only incorporated such factors as job satisfaction, job alternatives and employers commitments. A high level of job embeddedness is likely in Elmer Inc because there is likely to be alot more connection amongst staff as the work environment makes this very much possible.

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Pharoah Company just began business and made the following four inventory purchases in June: June 1 186 units $1290 June 10 248
kherson [118]

Answer:

<u>Ending Inventory 2,092</u>

<u></u>

Explanation:

PURCHASES  

DATE QUANTY PRICE         SUBTOTAL

1       186                 $6.935484   $1,290.00

10      248                   $7.78226   $1,930.00

15      248                  $8.38710   $2,080.00

28       186                  $8.81720   $1,640.00

<em>Inventory on hand 260</em>

Using FIFO <u>we have to pick from the bottom of the table</u> until reach 240 unit.

last line: June 28th 186 units total cost 1640

<em>240 - 186 = 54 units </em>

we need 54 more units so we go to next purchase

June 15th 54 units  at 8.3810 = 542.034 = 542

Now we add to get total ending ivnentory

186 units 1640

54 units 452

<u>Ending Inventory 2,092</u>

5 0
2 years ago
Read 2 more answers
You own a stock with an average return of 15 percent and a standard deviation of 15 percent. In any one given year, you have a 6
raketka [301]

Answer:

0%

30%

Explanation:

Given:

Average return = 15%

Standard deviation = 15%

Computation:

On assuming 68% chance,

Lowest point  = Average return - Standard deviation  

Lowest point = 15% - 15%

Lowest point = 0%

Highest point  = Average return - Standard deviation

Highest point = 15% + 15%

 Highest point = 30%

Therefore, on 68%, Lowest point is 0% and highest point is 30%.

3 0
1 year ago
Ivan has plenty of money to invest but so far has bought high-risk securities. Explain how Ivan could diversify and whether it i
Nookie1986 [14]

Answer:

Its important to diversify because it can help an investor manage risk and reduce the volatility of an asset's price movements. If his high risk investment backfires hes left with almost nothing, diversifying can give him a safety blanket just incase. The many ways he can diversify include, but aren't limited to, Use asset allocation or target date funds, Invest in a mix of mutual funds or ETFs, Customize with individual stocks and bonds, Vary company size and type, Invest abroad, and add complexity.

Explanation:

3 0
1 year ago
g Western Electric has 27,500 shares of common stock outstanding at a price per share of $70 and a rate of return of 13.45 perce
Ede4ka [16]

Answer:

The WACC is 10.93%

Explanation:

The WACC or weighted average cost of capital is the cost of a firm's capital structure. The capital stricture may be formed of the following components namely debt, preferred stock and common stock. The WACC assigns the weights to each of these components based on the finance provided by each of the above components as a proportion of total capital structure or total assets.

The WACC is calculated by taking the market value of each component. The formula for WACC is as follows,

WACC = wD * rD * (1-tax rate)  +  wP * rP  +  wE * rE

Where,

  • w represents the weight of each component
  • r represents the cost of each component
  • D, P and E represents debt, preferred stock and Common stock respectively.
  • We take after tax cost of debt. So we multiply rD with (1-tax rate)

Debt = 377000 * 106.5%  = $401505

Preferred stock = 6850 * 90.50  =  $619925

Common stock = 27500 * 70  = $1925000

Total assets = 401505 + 619925 + 1925000  = $2946430

WACC = 401505/2946430 * 7.81% * (1-0.35)  +  619925/2946430 * 6.9%  +

1925000/2946430 * 13.45%

WACC = 0.1093 or 10.93%

6 0
2 years ago
Harvey County Choppers, Inc. is experiencing rapid growth. The company expects dividends to grow at 25 percent per year for the
densk [106]

Answer:

The current stock price should be at $60.15.

Explanation:

We have the dividend paid next year = 1.05 x 1.25 = $1.3125.

So, the present value of the growing annuity of dividend stream in the next 7 years is calculated as:

[ 1.3125 / (12% - 25%) ] x [ 1 - [ (1+25%)/( 1+12%) ] ^7 ] = $11.68.

The present value of the dividend stream from year 8 to infinity ( growing perpetuity):

[ 1.05 x 1.25^7 x 1.07/ (12% - 7%) ] / 1.12^7 = $48.47.

The price of the stock should be equal to the sum of present value of the two dividend stream above which is 11.68 + 48.47 = $60.15.

Thus, the answer is $60.15 per share.  

3 0
2 years ago
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