Answer:
$56,600
Explanation:
Given that,
Cassandra's Boutique:
2,100 shares outstanding at a market price per share of $26.
Sally's:
3,000 shares outstanding at a market price of $41 a share.
Acquiring Cassandra's boutique for cash = $58,000
Incremental value of the acquisition = $2,000
We can get the value of Cassandra's Boutique to Sally's by adding the incremental value of the acquisition to the market value of the shares of Cassandra's Boutique.
Firstly, we are calculating the market value of Cassandra's Boutique:
= Outstanding shares × Market price per share
= 2,100 × $26
= $54,600
Therefore, the value of Cassandra's Boutique to Sally's is as follows:
= market value of Cassandra's Boutique + Incremental value of the acquisition
= $54,600 + $2,000
= $56,600
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.
Answer:
Matching concept
Explanation:
Matching concept states that revenue and cost should be matched with each other in the period they relate.
Answer:
e. accessory equipment
Explanation:
Accessory equipment are the goods and services that are used by firms and organizations to complete their daily operation. They consist of products and services which are used in the production processes. Likewise, they are considered import which makes them expensive compared to other capital goods. These goods can easily be replaced without affecting the whole process.
Answer:
The uniform annual sales volume of the product for Nadine to be indifferent between the contracts is 7,772 units per year.
Explanation:
We have to compare the present-value of both plans to answer this question.
The Plan A has a present value of $30,000 as is an inmediate payment.
The Plan B has both an annual payment and a royalty, for a span of ten years.
The present value for Plan B is:

This can be simplified with a annuity factor for 10 years, with i=10%.

Then, the PV can be calculated as:

To be indifferent, both present values have to be equal:

The uniform annual sales volume of the product for Nadine to be indifferent between the contracts is 7,772 units per year.