Answer:
$8,265
Explanation:
S/n Probability Net Income Expected Income
1 30% $4,600 $1,380
2 45% $7,800 $3,510
3 25% $13,500 $3,375
Total 100% $8,265
Note
Expected Income = Probability * Net income
Probability is termed as the branch of mathematics that is concerned with the numerical calculations or the descriptions with a chance for the event to occur. The probability of any of the events carries the number from 0 to 1.
The expected value of outcomes is $8,265
Serial no. Probability Net Income Expected Income
1 30% $4,600 $1,380
2 45% $7,800 $3,510
3 25% $13,500 $3,375
Total 100% $8,265
The formula to calculate the expected value of the outcomes is:
[tex]\begin{aligned}\text{Expected Income} = \text{Probability} \times\text{ Net income}\end{aligned}[/tex]To know more about the probability and the expected value of the outcomes, refer to the link below:
https://brainly.com/question/14262217
Maxwell Inc.'s stock has a 50% chance of producing a 25% return, a 30% chance of producing a 10% return, and a 20% chance of producing a -28% return. What is the firm's expected rate of return?
a. 9.41%.
b. 9.65%.
c. 9.90%.
d. 10.15%.
Answer:
c. firm's expected rate of return = 9.90%
Explanation:
The computation of the firm expected rate of return is shown below:
= Chance of producing × return + Chance of producing × return + Chance of producing × return
= 50% × 25% + 30% × 10% + 20% × -28%
= 0.125 + 0.03 - 0.056
= 9.90%
We simply applied the above formula so that the firm expected rate of return could come and the same is to be considered
Tim and Michelle have decided to form a partnership with a 60/40 partnership interest ratio. Tim contributes cash and merchandise inventory with a market value of . While journalizing this transaction ________.
Complete question:
Tim and Michelle have decided to form a partnership with a 60/40 partnership interest ratio. Tim contributes $7500 cash and merchandise inventory with a market value of $1500. While journalizing this transaction ________.
A) Tim, Capital will be debited for $9000
B) Tim, Capital will be credited for $9000
C) Tim, Capital will be credited for $6000 and Michelle, Capital will be credited for $4500
D) Tim, Capital will be debited for $6000 and Michelle, Capital will be debited for $4500
Answer: Tim, Capital will be credited for $9000
Explanation: Tim's total contribution towards the partnership will be recorded as his capital. Since he has contributed $7,500 worth of cash, and merchandise inventory with a market value of $1,500. The market value of the merchandise inventory and the cash contributed adds up towards his capital contribution. This is $7,500 + $1,500 which sums up to a total of $9,000.
Team members on agile projects need strong direction from the sponsor and project manager.
A. True
B. False
Answer:
B. False
Explanation:
We should first try to define what defines a project as "agile": it is generally divided into several iterations (or small sections) that interact as part of a larger whole system. One of the most important characteristics of agile projects is that their iterations are continuously reviewed by the project's members and those reviews should help to improve or correct the projects.
Team members tend to work more independently focusing on developing and finishing their specific iteration or segment. They generally do not work under continuous guidance from the project manager.
Pensacola Inc. exchanged old equipment for new equipment in two exchange transactions. Each transaction has commercial substance.
Old Equipment
Book Value Fair Value Cash Received
Equipment A $74,000 $81,300 11,300
Equipment B $61,600 $54,800 10,300
For Equipment B, Pensacola would record a gain/(loss) of:__________
a. $5,300
b. $(6,800)
c. $(7,800)
d. none of these answer choices are correct
Answer:
b. $(6,800)
Explanation:
The computation of the gain or loss recorded for the equipment B is shown below:
Fair value of old equipment $54,800
Less: book value of old equipment $61,600
Pensacola would record a gain /(loss) (-$6,800)
Since the book value is more than the fair value so the Pensacola would received a loss of -$6,800
Hence, the correct option is B.
Blazer Sports Store is preparing to pay its quarterly dividend of $7.75 a share this quarter. The stock closed at $105.64 a share today. What will the ex-dividend stock price be if the relevant tax rate is 19 percent and all else is held constant
Answer:
$99.3625
Explanation:
The computation of the ex-dividend stock price is shown below
= Stock closing price - {stock dividend × (1 - tax rate)}
= $105.64 - {($7.75 × (1 - 0.19)}
= $105.64 - $6.2775
= $99.3625
Hence, the ex-dividend stock price is $99.3625
We simply applied the above formula so that the ex-dividend stock price could come
Problem 2.7 Service Station A service station uses 1,200 cases of oil a year. Ordering costs is $40 and annual carrying cost is $3 per case. The station owner has specified an annual service level of 99 percent. a. What is the optimal order quantity? EOQ = This is the lot size.
Answer:
179 units
Explanation:
The computation of the economic order quantity is shown below:
[tex]= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}[/tex]
where,
Annual demand = 1,200 cases
Ordering cost = $40
And, the annual carrying cost is $3 per case
Now placing these values to the above formula
So, the optimal order quantity is
[tex]= \sqrt{\frac{2\times \text{1,200}\times \text{\$40}}{\text{\$3}}}[/tex]
= 179 units
Hence, the optimal order quantity is 179 units
Consider the following income statement: Sales $ 1,040,136 Costs 676,704 Depreciation 153,900 Taxes 22 % Calculate the EBIT.
Answer:
$209,532
Explanation:
EBIT is calculated as seen below;
EBIT = Sales - costs - depreciation
Sales. $1,040,136
Less:costs ($676,704)
Less:depreciation ($153,900)
EBIT. $209,532
What is the effect of a stock split (not effected in the form of a stock dividend) on each of the following? Retained earnings Total Paid-in capitala. no effect increaseb. no effect no effectc. increase decreased. decrease increase1. Option A2. Option B3. Option C4. Option D
Answer:
2. Option B
b. no effect no effectExplanation:
A stock split simply doubles the number of outstanding stocks and decreases by half the current price of the stocks, it doesn't change total paid in capital, nor retained earnings. Sometimes certain accounting procedures just rearrange accounts, like collecting accounts receivables increases cash, but current assets don't change. But in this case, not even that happens. The balance of retained earnings and total paid in capital are not affected by this.
Suppose a State of California bond will pay $1,000 eight years from now. If the going interest rate on these 8-year bonds is 5.5%, how much is the bond worth today
Answer:
the bond worth today is $651.60
Explanation:
The computation of the amount of bond worth today i.e. present value is to be shown below:
Present value = Amount ÷ (1 + interest rate)^number of years
where,
Amount = $1,000
Interest rate = 5.5%
And, the number of years is 8
Now placing these values to the above formula
So, the worth of the bond today is
= $1,000 ÷ (1 + 0.55)^8
= $651.60
hence, the bond worth today is $651.60
A stock has had the following year-end prices and dividends:Year Price Dividend1 $ 64.73 â 2 71.60 $ .68 3 77.40 .73 4 63.67 .79 5 73.91 .88 6 83.75 .95 What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)Arithmetic average return %Geometric average return %
Answer:
Arithmetic average return = 7.23%
Geometric average return=6.44%
Explanation:
Calculation for the Arithmetic average return
First step is to calculate the return for each year
Using this formula
Return=(Current year price amount-Previous price amount + Current year dividend)/ Previous year price amount ×100
Let plug in the formula
Year 1 Return= ($71.60-$64.73 + $.68) / $64.73
Year 1 Return=$7.55/$64.73
Year 1 Return= 11.66%
Year 2 Return= ($77.40-$71.60 + $.73) / $71.60
Year 2 Return=$6.53=$71.60
Year 2 Return = 9.12%
Year 3 Return= ($63.67-$77.40 +$ .79) / $77.40 Year 3 Return=$-12.94/$77.40
Year 3 Return=-16.72%
Year 4 Return= ($73.91-$63.67 +$ .88) / $63.67
Year 4 Return=$11.12/$63.67
Year 4 Return = 17.47%
Year 5 Return= ($83.75-$73.91 + $.95) / $73.91 Year 5 Return=$10.79/$73.91
Year 5 Return= 14.60%
The second step is to calculate the arithmetic average return
Using the formula
Arithmetic average return = (Addition of the each year return percentage /Numbers of years)
Let plug in the formula
Arithmetic average return (.1166 + .0912-.1672 + .1747 + .1460) / 5
Arithmetic average return =0.3613/5
Arithmetic average return = .0723 ×100
Arithmetic average return = 7.23%
Calculation for the geometric average return
Using this formula
Geometric average return=(1+Each year return percentage)^1/Numbers of years-1)
Let plug in the formula
Geometric average return== [(1 + .1166)×(1 + .0912)×(1-.1672)×(1 + .1747)×(1 + .1460)]^1/5-1
Geometric average return=[(1.1166)×(1.0912)(0.8328)×(1.1747)×(1.146)]^1/5-1
Geometric average return=(1.366011)^1/5-1
Geometric average return=1.0644
Geometric average return=1.0644-1
Geometric average return=0.0644
Geometric average return=0.0644 ×100
Geometric average return=6.44%
Therefore the Arithmetic average return is 7.23% while Geometric average return is 6.44%.
your Christmas ski vacation was great, but it unfortunately ran a bit over budget. All is not lost, because you just received an offer in the mail to transfer your $14,000 balance from your current credit card, which charges an annual rate of 21.8 percent, to a new credit card charging a rate of 12.4 percent. a. How much faster could you pay the loan off by making your planned monthly payments of $325 with the new card
Answer:
If the interest rate decreases, you will be able to pay back the loan in only 58 months, which is 27 months less than with the higher interest rate.
Explanation:
I prepared an amortization schedule using the 21.8% rate, an it would take 85 months to pay of your debt completely. But if the interest rate decreases to 12.4%, it will take you only 58 months.
Olivia Village was recently incorporated and began financial operations on July 1, 20X2, the beginning of its fiscal year. The following transactions occurred during this first fiscal year, July 1, 20X2, to June 30, 20X3:
1. The village council adopted a budget for general operations for the fiscal year ending June 30, 20X3. Revenue was estimated at $400,000. Legal authorizations for budgeted expenditures totaled $394,000.
2. Property taxes of $390,000 were levied; 2 percent of this amount was estimated to be uncollectible. These taxes are available to finance current expenditures as of the date of levy.
3. During the year, a village resident donated marketable securities valued at $50,000 to the village under the terms of a trust agreement that stipulated that the principal amount be kept intact. The use of revenue generated by the securities is restricted to financing college scholarships for needy students. Revenue earned and received on these marketable securities amounted to $5,500 through June 30, 20X3.
4. A general fund transfer of $5,000 was made to establish an internal service fund to provide for a permanent investment in inventory.
5. The village decided to install lighting in the village park financed through an authorized special assessment project at a cost of $75,000. The city is obligated if the property owners default on their special assessments. The village issued special assessment bonds in the amount of $72,000 and levied the first year’s special assessment of $24,000 against the village’s property owners. The remaining $3,000 for the project will be contributed from the village’s general fund.
6. The special assessments for the lighting project are due over a three-year period, and the first year’s assessments of $24,000 were collected. The $3,000 transfer from the village’s general fund was received by the lighting capital projects fund.
7. A contract for $75,000 was let for the lighting installation. The capital projects fund was encumbered for the contract. On June 30, 20X3, the contract was completed, and the contractor was paid.
8. During the year, the internal service fund purchased various supplies at a cost of $1,900.
9. The general fund cash collections recorded during the year as follows:
Current property taxes $ 386,000
Licenses and permit fees 7,000
The allowance for estimated uncollectible taxes is adjusted to $4,000.
10. The village council decided to build a village hall at an estimated cost of $500,000 to replace space occupied in rented facilities. The village does not record project authorizations. The council decided to issue general obligation bonds bearing interest at 6 percent. On June 30, 20X3, the bonds were issued at face value of $500,000, payable in 20 years. No contracts have been signed for this project, no expenditures have been made, nor has an annual operating budget been prepared.
11. The voucher for purchasing a fire truck for $15,000 was approved and paid by the general fund. This expenditure previously had been encumbered for $15,000.
Required:
Prepare journal entries to record properly each of these transactions in the appropriate fund or funds of Olivia Village for the fiscal year ended June 30, 20X3. Do not prepare closing entries for any fund. (Select the appropriate fund for each situation when required. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Answer:
Olivia Village
Journal Entries:
July 1, 20X2 to June 30, 20X3:
1. No journal entry required.
2. Debit Property Taxes Receivable $390,000
Credit Property Tax Revenue $390,000
To record the levying of property taxes
Debit Uncollectible taxes expense $7,800
Credit Uncollectible tax expense $7,800
To record the estimated uncollectible of 2%.
3. Debit Marketable Securities $50,000
Credit Restricted Trust Fund Donations $50,000
To record the donation of marketable securities.
Debit Restricted Trust Fund $5,500
Credit Marketable Securities Revenue $5,500
To record the revenue earned on marketable securities.
4. Debit Internal Service Fund $5,000
Credit General Fund $5,000
To record the transfer of funds.
5. Debit Special Assessment Fund $72,000
Credit Special Assessment Bonds $72,000
To record the issue of bonds for special assessment project.
Debit Special Assessment Receivable $24,000
Credit Special Assessment Levy $24,000
To record the special assessment levied
6. Special Assessment Fund $27,000
Credit Special Assessment Receivable $24,000
Credit General Fund $3,000
To record the collection of the first year's special assessment and transfer from General Fund.
7. Debit Capital Projects Fund $75,000
Credit Contractor Payable $75,000
To record the letting of the contract for lighting.
June 30, 20X3:
Debit Contractor Payable $75,000
Credit Capital Projects Fund $75,000
To record the payment of the contractor for the project.
8. Debit Supplies $1,900
Credit Internal Service Fund $1,900
To record the purchase of various supplies.
9. Debit General Fund $393,000
Credit Property taxes Receivable $386,000
Credit Licenses and permit fees $7,000
To record cash collections for general fund
Debit Allowance for Uncollectible taxes $3,800
Credit Uncollectible Expenses $3,800
To adjust the allowance for uncollectible taxes to $4,000 balance.
10. Debit General Fund $500,000
Credit Bonds Payable $500,000
To record the issue of 6%, 20-year bonds payable.
11. Debit Fire Truck $15,000
Credit General Fund $15,000
To record the payment for the purchase of a fire truck.
Explanation:
Olivia Village can use the general journal to initially record transactions that occur during the year. The journal shows the accounts to be debited and the accounts to be credited.
"Globalization results in a greater degree of __________ across markets than would be present otherwise."
Answer:
Homogeneity
Explanation:
Globalization is the process of interaction and integration among people, companies, and governments worldwide.
Catherine wants to calculate the _____ to show the wealth created per employee. The formula for this calculation will involve subtracting the cost of capital from the net profit after taxes and then dividing this figure by the full-time head count. a. human economic value added (HEVA) b. human capital return on investment c. human capital value added (HCVA) d. working capital ratio
Answer:
A
Explanation:
Net sales, first month $13,000 Normal gross profit as a percentage of sales 45% Inventory, start of period $8,000 Net purchases, first month $7,000 Using the gross profit method of inventory estimation, the amount of normal gross profit would be
Answer: $5,850
Explanation:
The Normal Gross Profit under the gross profit method of inventory estimation is the growth profit percentage of sales multiplied by the sales figure.
= Net Sales * Gross Profit percentage
= 13,000 * 0.45
= $5,850
What is the future value of $450 at an interest rate of 15 percent one year from today?
Answer:
$517.50
Explanation:
we have to use the future value formula:
future value = present value x (1 + interest rate)ⁿ
present value = $450interest rate = 15%n = 1 yearfuture value = $450 x (1 + 15%) = $450 x 1.15 = $517.50
The basic premise of finances is that the value of money changes over time, i.e. one dollar today is worth more than one dollar tomorrow. That is because the money yo have today can be invested and it can interest, therefore, it will be worth more in the future.
A party's oral agreement to pay another's debt is never enforceable.
A. True
B. False
Answer: A. True
Explanation: The Statute of Frauds denies enforceability to certain contracts that do not comply with written requirements. Therefore, a party's oral agreement to pay another's debt is never enforceable as such agreements and contracts must be in writing in order to become enforceable. Any oral modification is likely not enforceable if it falls under Statute of Frauds which renders any contract that is not in writing as void.
The weaknesses of a multi-country strategy are that
A. It is especially vulnerable to fluctuating exchange rates and it can usually be defeated by companies employing cross-market subsidization tactics.
B. Each country’s strategy is different from the strategies employed in other countries and it is harder to build multiple profit sanctuaries.
C. It presents a firm with greater exposure to increases in tariffs and restrictive trade barriers than does a global strategy.
D. It is less conducive to building competitive advantage by transferring company competencies and resources across country boundaries and it does not promote building a single, unified competitive advantage.
E. It is unsuitable for the markets of emerging countries and it can usually be defeated by companies using export strategies or global strategies.
Answer: D. It is less conducive to building competitive advantage by transferring company competencies and resources across country boundaries and it does not promote building a single, unified competitive advantage.
Explanation:
Multi-Country Strategy is a strategy whereby there is matching of each country market and the circumstances in the local market. Multicountry strategies differ in terms of mission achievement, brand presentation etc
One weakness of the strategy is that it is less conducive to building competitive advantage by transferring company competencies and resources across country boundaries and it does not promote building a single, unified competitive advantage.
Bramble Corp. purchased a delivery truck for $38,800 on January 1, 2019. The truck has an expected salvage value of $1,800, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 14,700 in 2019 and 12,900 in 2020. (a1) Calculate depreciable cost per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.)
Answer:
Depreciable cost per mile= $0.37
Explanation:
Giving the following information:
Purchase price= $38,800
Salvage value= $1,800
Expected to be driven 100,000 miles over its estimated useful life.
To calculate the depreciable cost per mile, we need to use the following formula:
Depreciable cost per mile= (original cost - salvage value)/useful life of production in miles
Depreciable cost per mile= (38,800 - 1,800)/100,000
Depreciable cost per mile= $0.37
"A customer calls a registered representative to sell 500 shares of an over-the-counter stock and tells the representative that he wants the trade done privately - not in the public market. This is:"
Answer:
Not allowed, FINRA prohibits private securities transactions. Trading must be done with the knowledge of your firm in the public securities markets
Explanation:
Since in the question it is mentioned that call of the customer registered the representative for selling off 500 shares over the counter stock and the transactions should be done in privately
here according to the FINRA, it prohibits the transactions in which the person deals in private securities also there should be knowledge in the firm for the securities market held in market
Mishoe Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (1,000 units) $ 50,000 Variable expenses 32,500 Contribution margin 17,500 Fixed expenses 12,250 Net operating income $ 5,250 The break-even point in unit sales is closest to:______ a) 0 units b) 895 units c) 700 units or 650
Answer:
700 units
Explanation:
Mishoe corporation has a sales of $50,000(1,000 unit)
Variable expense is $32,500
Contribution margin is 17,500
Fixed expenses is 12,250
Net operating income is $5,250
The first step is to calculate the contribution margin per unit
= $17,500/1000
= $17.5 per unit
Therefore, the break-even point in unit sales can be calculated as follows
= Fixed cost/contribution margin per unit
= $12,250/$17.5
= 700 units
Hence the break-even point in unit sales is closest to 700 units
Before ending the meeting, John Noble informed Howie that he would be sending out an e-mail to all employees asking for suggestions as to how the jobs could be restructured to improve productivity. As Howie walked back to the production site, he shook his head, "Is Noble from a different planet"? Does he really think our workers have a clue?" Unlike Noble, Howie does not realize that:_____.
a) employees can be motivated by open communication.
b) employees seek equity.
c) employee perceptions of equity are usually underestimations.
d) employees will offer ways to simplify job tasks.
Answer:
a) employees can be motivated by open communication.
Explanation:
The answer is that Howie does not realize that employees can be motivated by open communication because by asking employees suggestions as to how jobs could be restructured to improve productivity, John Noble is trying to have a direct communication allowing employees to express their thoughts which will make them feel as part of the company and valued which will result in them feeling motivated to perform well in their job.
The other options are not right because employees won't be giving their opinions thinking on equity and ways to simplify job tasks are not the only suggestions that employees can provide.
Barga Co.'s net sales for Year 1 and Year 2 are $663,000 and $744,000, respectively. Its year-end balances of accounts receivable follow: Year 1, $64,000; and Year 2, $91,000. Complete the below table to calculate the days' sales uncollected at the end of each year.
Days' Sales Uncollected
Choose Denominator: / Choose Numerator: * Days = Days' Sales Uncollected
Year 1: days
Year 2: days
Answer:
Year 1 = 35.23 days
Year 2 = 44.64 days
Explanation:
Days' Sales Uncollected = Accounts receivable / Net Sales * Days
Year 1 = $64,000 / $663,000 * 365 days = 35.23 days
Year 2= $91,000 / $744,000 * 365 days = 44.64 days
& Co. owns vast amounts of corporate bonds. Suppose buys of bonds at face value on January 2, . The bonds pay interest at the annual rate of % on June 30 and December 31 and mature on December 31, . intends to hold the investment until maturity. Read the requirementsLOADING.... Requirement 1. How would the bond investment be classified on December 31, , balance sheet? The bond investment will be classified as a ▼ as of December 31, .
Answer:
Bonds held to maturity are recorded at the net carrying value (after any premium or discount amortization is made), but since these bonds were purchased at face value, there is no premium or discount to be amortized. The bonds should be reported at face value as non-current assets since they mature in more than 1 year.
Explanation:
all the numbers are missing, so I looked for a similar question:
Otter Creek & Co. Owns vast amount of corporate bonds. Suppose Otter Creek buys $1,200,000 of RoastCo bonds at face value on January 2, 2016. The RoastCo bond spay interest at an annual rate of 3% on June 30 and December 31, and mature on December 31, 2020. Otter Creek intends to hold the investment until maturity.
How would the bond investment be classified on December 31, 2016, balance sheet?
Assume the spot rate for the British pound currently is $1.5701/£. Also assume the one-year forward rate is $1.5574/£. A risk-free asset in the U.S. is currently earning 3.2 percent interest rate. If interest rate parity holds, what rate can you earn on a one-year risk-free British security? A) 2.37 percent B) 4.57 percent C) 3.67 percent D) 4.04 percent E) 4.92 percent
Answer:
D) 4.04 percent
Explanation:
Spot rate is £1 = $1.5701
Forward exchange rate after 1 year is £1 = $1.5574
Risk free rate in US = 3.2 %
Forward rate = {Spot rate * (1 + risk free rate in US)} / (1 + risk free rate in UK)
1.5574 = {1.5701 * ( 1 + 0.032)} / (1 + risk free rate in UK)
(1 + risk free rate in UK) = (1.5701 * 1.032) / 1.5574
Risk free rate in UK = (1.62034 / 1.5574) - 1
Risk free rate in UK = 1.0404 - 1
Risk free rate in UK = 0.0404
Risk free rate in UK = 4.04%
What layout type is a conventional supermarket and how does it differ from a manufacturing operation using the same layout type
Answer:
Grid layout
Explanation:
In most of the supermarket store, when there is a billing section located in that the opposite end of the entry and the exit gate i.e. nearest is located. Also the products are arranged in a rack throughout the whole supermarket.
So this presentation refers to the grid layout which is easy for the customers to pick up their order and bill it at the billing section in an organized manner
In the grid layout all the products are presented on the rack while on the other hand, in the cellular layout, the products are transferred from one station to another station
intext:"On December 31, there were 26 units remaining in ending inventory. Using the periodic LIFO inventory costing method, what is the value of cost of goods sold"
Answer:
$5,400
Explanation:
Calculation for the value of cost of goods sold
Calculation of Cost of goods sold
Units of sales × Purchase = Cost of goods sold
6 units ×$ 120.00 = $720
5 units ×$ 125.00 = $ 625
9 units×$ 130.00 =$ 1,170
11 units ×$ 135.00 =$ 1,485
10 units × $ 140.00 =$1,400
TOTAL $5,400
Therefore the value of cost of goods sold will be $5,400
Even though money loses purchasing power during inflationary periods, people still choose to hold part of their wealth in the form of money because:
Answer:
Money is an asset with the characteristics of liquidity
Explanation:
people still choose to hold part of their wealth in the form of money because money has characteristics of liquidity, that is, as an asset money can easily be accessed. And during inflation when prices of commodities have skyrocketed, more money would be required for business transactions. Money can easily be exchanged while doing any form of transaction.
What trends have contributed to the changing nature of the leader-follower relationship in organizations
Answer:
The answer is below
Explanation:
These are some of the trends that have contributed to the changing nature of the leader-follower relationship in organizations
1. Decreased Resources: in recent times, there have been trends in the maximization of little resources to achieve greater output in the organization. This has led to various firms downsizing. their staff, thereby, there is fewer managers with more subordinates to exercise span of control, which in turn translates to many subordinates to take some functions conventionally performed by managers.
2. Power-Sharing Synergy: with greater influence towards remote work and little or no supervision strategy, many companies are trying to form a power-sharing strategy, which is a form.of decentralized authority in a firm.
3. The complexity of problems: Also, due to an increase in new problems being encountered by firms in recent time, that are more complex, needs more hands to be engaged to find solutions to these problems.
Suppose the Fed doubles the growth rate of the quantity of money in the economy. In the long run, the increase in money growth will change which of the following?
a. The price level
b. The inflation rate
c. The quantity of physical capital
d. The size of the labor force
Answer: The price level and the inflation rate.
Explanation:
It should be noted that in the long run, the changes in money supply affects the nominal variables like inflation rate, exchange rate, price level and does not affect the real variables.
Therefore, when the Fed doubles the growth rate of the quantity of money in the economy. In the long run, the increase in money growth will change the price level and the inflation rate.
In the long run the increase in the money growth will change the
The inflation rateThe answer to this question can easily be traced to the quantity theory of money.
This theory has it that if there is a doubling in the quantity of money that is available in an economy, it would also lead to a doubling in the price level in the same economy.
When the price level rises, this would also lead to a rise in the levels of inflation in the economy.
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