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Luba_88 [7]
2 years ago
12

The chief executive of Goldman Sachs, Lloyd Blankfein, said in 2009 that banks serve a social purpose and are "doing God’s work.

We help companies to grow by helping them to raise capital. Companies that grow create wealth. This, in turn, allows people to have jobs that create more growth and more wealth. It’s a virtuous cycle." On the other hand, Goldman Sachs earned around $12 billion and would hand out more than $16 billion in year-end bonuses. The average employee earned $500,000 for the year. Despite the rhetoric, Blankfein’s leadership was probably
Business
1 answer:
sashaice [31]2 years ago
6 0

Question Completion with options:

O transformational

O transactional

O contingency-based leadership

Answer:

Lloyd Blankfein's Leadership at Goldman Sachs

Despite the rhetoric, Blankfein’s leadership was probably:

O transactional.

Explanation:

Transactional leadership can be contrasted with transformational leadership because of their different focus.  Transactional leadership favors a process and control management structure that elicits compliance.  Compliance is rewarded while non-compliance is punished.  On the other hand, transformational leadership inspires followership with a high degree of communication strategy coordinating activities and engendering a cooperative spirit.  Contingency-based leadership is situational and advocates that leadership style should be dictated by prevailing circumstances.

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The marginal utility of the last unit of apples consumed is 12 and the marginal utility of the last unit of bananas consumed is
allsm [11]

Complete question:

The marginal utility of the last unit of apples consumed is 12 and the marginal utility of the last unit of bananas consumed is 8. What set of prices for apples and bananas, respectively, would be consistent with consumer equilibrium

a. $8 and $12

b. $6 and $4

c. $16 and $9

d. $4 and $6

Answer:

$6 and $4  set of prices for apples and bananas, respectively, would be consistent with consumer equilibrium.

Explanation:

Given,

The marginal utility of the last unit of apples consumed = 12

The marginal utility of the last unit of bananas consumed = 8

Now ,

To find :

The market level for apples and bananas, respectively, will be compatible with the consumer's equilibrium:

= \frac{12}{3} = $6

= \frac{8}{2} = $4

$6 and $4  set of prices for apples and bananas, respectively, would be consistent with consumer equilibrium.

6 0
2 years ago
Jake Entertainment Corporation has three segments with revenue, operating income, and depreciation and amortization information
frosja888 [35]

Answer:

Video Games = 35%

Explanation:

As for the provided information, we have:

Operating Income given is exclusive of Depreciation and amortization as operating income do not include so:

Therefore:

EBITDA as percentage of Revenue shall be :

= \frac{Operating\ Income}{Total\ Revenue} \times 100

For each segment the calculation shall be:

Film = \frac{1,500}{5,000}\times 100 = 30%

Theme Park = \frac{320}{1,000} \times 100 = 32%

Video Game = \frac{175}{500} \times 100 = 35%

Since the highest percentage is that of video games, it is the most productive.

The options provided do not relate to this question.

8 0
2 years ago
Berol Company plans to sell 200,000 units of finished product in July and anticipates a growth rate in sales of 5% per month. Th
N76 [4]

Answer:

Total production requirements for 3 months = 665720 units

Explanation:

The opening inventory in July should have been 200000 * 0.8 = 160000 units

However there is a shortage of 10000 units as opening inventory is 150000 units.

  • July sales are expected to be 200000 units.
  • August sales will be = 200000 * 105% = 210000 units
  • September Sales will be = 210000 * 105% = 220500 units
  • October Sales will be = 220500 * 105% = 231525 units

The production requirement is to produce enough to match this month's sale along with 80% of next months sale.

The production requirement for 3 months ending 30 september will be,

  • July = (200000-150000) + 0.8 * 210000 = 218000 units
  • August = 210000 * 0.2 + 220500 * 0.8 = 218400 units
  • September = 220500 * 0.2 + 231525 * 0.8 = 229320 units

Total production requirements for 3 months = 218000 + 218400 + 229320 = 665720 units

8 0
2 years ago
BR Company has a contribution margin of 8%. Sales are $497,000, net operating income is $39,760, and average operating assets ar
alexandr402 [8]

Answer:

The company's return on investment (ROI) is <u>29.45%</u>.

Explanation:

Return on investment (ROI) is a profitability ratio that gives investors the opportunity to know the level of efficiency of each amount of dollar invested in a project at producing a profit.

Return on investment (ROI) can be computed using the following formula:

ROI = Net operating income / Average operating assets ............ (1)

Since;

Net operating income = $39,760

Average operating assets = $135,000

We therefore substitute the values into equation (1) and have:

ROI = $39,760 / $135,000 = 0.2945, or 29.45%

Therefore, the company's return on investment (ROI) is <u>29.45%</u>.

5 0
2 years ago
After documenting the client's prescribed internal control, the auditors will often perform a walk-through of each transaction c
tankabanditka [31]

Answer:

A. Verify that the controls have been implemented (placed in operation).

Explanation:

The companies should have a fair policy of internal controls. It should basically have a policy which regulates and monitors all the transactions of each individual. It shall certainly be developed so that the work of one individual is monitored by the other automatically.

When the documentation is done, of such policies and controls by the auditor, he shall satisfy himself by counter checking that the procedures and practices laid are implemented properly.

So that there are no loop holes, and the management shall be held responsible for any procedure documented and not followed practically.

3 0
2 years ago
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