Answer:
Since the expected value is higher for not suing ($600,000), then Jay should not sue. The expected value of the best case scenario in case of suing is only $500,000 and in the expected value of the worst case scenario is -$37,500.
Explanation:
he decides to not sue = expected value $600,000
he decides to sue:
50% chance of winning
expected value
- $2,000,000 x 50% x 50% = $500,000
- $500,000 x 50% x 50% = $125,000
50% chance of losing
- expected value = -$75,000 x 50% = -$37,500
Answer:
The correct answer is $1,114.64
Explanation:
According to the scenario, the given data are as follows:
Rate (Semiannual) = 6% ÷ 2 = 3%
Time period = 5 years
Time period (semi annual) (Nper) = 5 × 2 = 10
Face value (PV) = $1,000
payment (pmt) = $1,000 × 4%/2 = $20
We can calculate the FV by using financial calculator,
The attachment is attached below.
So, the Price = $1,114.64
Answer:
$112,500
Explanation:
The good will to be reported in the balance sheet of the Pacific Corporation as at December 31 shall be determined using the following mentioned method:
Cost to acquire share of the Pacific Corporation $2,850,000
Less:Net Assets Acquired of Sand Corporation
Sand Net Assets $3,000,000
Excess value of land $200,000
Excess value of equipment $150,000
Fair value of non-compete $300,000
$3,650,000 ($3,650,000)
Add:Net Assets portion of the Non controlling interest $912,500
($3,650,000*25%)
Good will $112,500
Explanation:
Income Elasticity of Demand(IED)= Percentage change in quantity demanded/ Percentage change in income
-Percentage change in Q:
%Change in quantity demanded= (q2-q1/q1) = (10-8)/8= 0.25
-Percentage change in Income:
%Change in income= (i2-i1/i1) = (4,500-4,000)/4,000= 0.125
IED= 0.25/0.125= 2
This indicates that the Shaffers are very sensitive to changes in income when it comes to eating out. Which means that changes in income will change significantly the number of times they eat out.
2. Restaurant meals are normal goods, in this case, because when income rises, they ate more in restaurants, then the units consumed for this good increase too.
Answer:
Letter B is correct. <u><em>Participative.</em></u>
Explanation:
The participative leadership style is characterized by a leader whose focus is on including employees in most of the organizational decision making process. It is a type of leadership that prioritizes teams and their decisions are relevant to the point of establishing a majority vote in the company to assist in organizational issues and actions.
There are many added benefits in organizations that adopt a participatory leadership style, some of which are:
- Greater acceptance of consensus-based practices and policies. Employees feel valued and motivated to achieve organizational goals because they feel they are part of the company's achievements.
- Encourages employee creativity and collaboration in problem solving.
- Decreases turnover and turnover costs as employees choose to stay with the company to see their plans assist in organizational success.
