Answer:
Times interest earned (TIE) = 2.67
Explanation:
EBIT = $7 bllion x 8% = $560,000,000
ROA = net income / total assets
3% = net income / $7,000,000,000
net income = $7,000,000,000 x 3% = $210,000,000
earnings before taxes = net income / (1 - tax rate) = $210,000,000 / 60% = $350,000,000
if EBIT = $560,000,000 and EBT = $350,000,000, then interests = EBIT - EBT = $560,000,000 - $350,000,000 = $210,000,000
Times interest earned (TIE) = EBIT / interest expense = $560,000,000 / $210,000,000 = 2.67
MPI's Times Interest Earned (TIE) ratio is 2.50.
To calculate the Times Interest Earned (TIE) ratio, we need to use the following formula:
TIE = EBIT / Interest Expense
First, we need to calculate Earnings Before Interest and Taxes (EBIT):
ROA = EBIT / Total Assets
So, EBIT = ROA × Total Assets
EBIT = 0.03 × $7 billion
EBIT = $210 million
Next, we need to calculate Interest Expense:
Interest Expense = EBT × Tax Rate
Interest Expense = (EBIT - Interest Expense) × Tax Rate
Interest Expense = ($210 million - Interest Expense) × 0.4
Interest Expense = $84 million
Now, we can calculate the TIE ratio:
TIE = $210 million / $84 million
TIE = 2.50
Suppose the price of rice increases and you view rice as an inferior good. The substitution effect results in a ________ change in rice consumption, and the income effect leads to a ________ change in rice consumption.
A. negative, negative
B. negative, positive
C. positive, negative
D. positive, positive
Answer:
B. negative, positive
Explanation:
Substitution effect : Price rise of a good makes it relatively expensive, decreases its demand. Price fall of a good makes it relatively cheap, increases its demand.
So: Substitution Effect is always negative as per above explanation.
Income Effect : Price rise of a good decreases real income/ real purchasing power of consumer & reduces demand of all goods. Price fall increases real purchasing power & increases demand of all goods.
Income effect is positive in case of Normal Goods, normal good demand is positively related to income. The effect is negative in case of inferior goods, inferior good demand is negatively related to income.
Hence: Price rise of rice - Substitution effect results in negative change in rice consumption. {∵substitution effect always negative}
Income Effect leads to positive change in rice consumption {∵price rise reduces real income & income effect is negative for inferior goods}
Answer:
Suppose the price of rice increases and you view rice as an inferior good. The substitution effect results in a ________ change in rice consumption, and the income effect leads to a ________ change in rice consumption.
B. negative, positive
Explanation:
The substitution effect in economics represents the relation between the prince change in a product with the consumption rate. So, in our case, it would result in a negative effect if it is considered as an inferior good. while the income effect is the concept that explains the consumption change thanks to the acquisitive power available for the consumer. Resulting in a positive change in rice consumption due to the lower price of rice.
Kelly is the controller of a small company. One day the CFO comes in and tells her to lower the estimate of uncollectible accounts receivable. Kelly insists her numbers are correct as is. The CFO tells her it will mean her job at the company if she doesn’t go along with the smaller estimate. The primary virtue that would enable Kelly to resist the pressure to manipulate the number is:_______
A. Loyalty
B. Integrity
C. Caring
D. Objectivity
Answer:
B. Integrity
Explanation:
Integrity in business represents the virtue of honesty, consistency and adherence to one's strong principles of value, morality and ethical principles. Integrity is rooted in being truthful consistency and and to stand by the truth irrespective of the cost.
Kelly believes that the numbers of the noncollectable accounts receivables are correct and that is the true state of the values. It is the virtue of integrity that will allow her stand by the true figures and be uncompromising (not changing the figure) even at the expense of her job (irrespective of the cost).
Procter & Gamble's introduction of All-Temperature Cheer laundry detergent in Japan was a flop at first. The problem was that Japanese women wash clothes in cold water—either tap water or leftover bath water—so they don't care about all-temperature washing (which is a big selling point in the United States). Also, Cheer was first introduced in Japan at a time when the market for fabric softeners in Japan was rapidly expanding. However, when Japanese housewives added lots of fabric softener to the water, Cheer didn't produce many suds (Americans don't use as much fabric softener). P&G reformulated the product so it wouldn't be affected by fabric softeners, and ads for Cheer in Japan pledged superior cleaning in cold water, not all temperatures. Which of the following might have helped P&G avoid the initial problems with Cheer?a. Maslow’s hierarchyb. high- versus low- context culturec. diffusion of innovationd. self-reference criterione. ethnocentric orientation
Answer:
self-reference criterione. ethnocentric orientation
Explanation:
Self-reference criterion could be defined as unconsciously making reference to your own cultural values and experiences, thinking that everyone thinks and does things the way you do and using that knowledge as a basis for decisions.
Ethnocentric Criterion is closely associated is ethnocentrism, which implies the notion that your own company is the best and knows how best to do things.
This obviously was the case for Procter and Gamble in Japan because it is stated in the scenario that ''Japanese women wash clothes in cold water—either tap water or leftover bath water—so they don't care about all-temperature washing (which is a big selling point in the United States).''
Procter and Gamble suffered a product failure because they suffered from Self-reference criterion by thinking 'as it is in America, so it is in Japan.' Furthermore P&G was guilty of being ethnocentric because they must have assumed there products were always the best and failed to conduct proper analysis on culture-related consumer preferences.
When a factory closes, why is it bad news for the local restaurants? a. Unemployed factory workers have lower incomes and are less likely to dine out. b. Unemployed factory workers are eligible for government unemployment benefits. c. Sales taxes are likely to increase. d. The opportunity cost of dining out has fallen.
Answer:
The correct answer is option a.
Explanation:
When a factory closes, its workers become unemployed. Their income declines or disappears. A decrease in income further causes decrease in demand and consumption.
The factory workers will no longer be able to afford restaurant meals, or their demand for meals will decline.
A decline in the demand for meals will adversely affect the revenue and profits of local restaurants.
So, closing up of a factory is a bad news for local restaurants.
In a business environment, you need to consider ____ consequences of your communication because anything you write and say may become public if your company is sued or is part of a government investigation.
Answer:
LEGAL
Explanation:LEGAL CONSEQUENCES these are the outcomes of what ever actions a person or an organization receives due to some initial activities. In making comments or Communications publicly or privately can be tendered as an evidence against you in the Court of Law.
Before making any verbal or written statement it is better to do proper review and ensure it doesn't go against the Law and if sued it should not result in any legal consequences. That is why it is expected that most Organisations have legal unit which help to analysis it publications before making them.
The competitive moves and business approaches a company's management uses to grow the business, attract and please customers, compete successfully, conduct operations, and achieve the targeted levels of organizational performance are referred to as its _____________.
Answer:
Strategy
Explanation:
Strategy refers to the blueprints that an organisation uses to achieve its stated objectives. It involves the process of using various resources within the organisation's environment to achieve the objectives of the organisation.
Strategy set direction that an organisation follows to achieve various objectives. The strategy of an organisation helps the organisation to reach goals which includes identifying and satisfying customer's needs, gaining a much larger market share, competing successfully in the market etc.
In a nutshell, all the conscious plan which the organisation uses to achieve its goal is its strategy.
Adhering to a new act passed in 2002, the CEO of Pearsil & Pearsil, a real estate company, now personally certifies the validity of the company's financial statements. Given this information, the CEO most likely follows the_____.
Answer:
Sarbanes - Oxley Act
Explanation:
Sarbanes - Oxley act was enacted in 2002 by the government to protect investors from misleading financial reporting with an intent of fraud.
As per this act, every corporation is required to get the financial statements audited by recognized auditors and comply to all guidelines. Any discrepancy in financial statements could be treated as criminal offence and legal action could be taken against such companies.
In this case, CEO of Pearsil & Pearsil is abiding by Sarbanes Oxley act by personally validating company's financial statements.
True or False: An interest-bearing account is an account that generates interest income on the available balance in the account. → False
Answer:
False
Explanation:
Interest Bearing Account is an account which generates interest income over a specified period of time. Certificate of Deposit is an example for the interest bearing account. So, simply saying that An interest-bearing account is an account that generates interest income on the available balance in the account is wrong.
___ is a portfolio-planning tool for identifying company growth opportunities through market penetration, market development, product development, or diversification.
Answer:
Product market expansion grid
Explanation:
Product market expansion grid -
It is used to plan for the company , when the company is indeed of expanding , is referred to as Product market expansion grid .
The strategy or information required for the company to increase sale of the goods and services or introducing a new product in the upcoming market , uses this plan.
Hence , from the given information of the question,
The correct term is Product market expansion grid .
Suppose that the organic-produce industry is composed of a large number of small firms. In recent
years, these firms have suffered economic losses, and many sellers have left the industry. Economic
theory suggests that these conditions will
a) shift the demand curve outward so that price will rise to the level of production cost.
b) cause the remaining firms to collude so that they can produce more efficiently.
c) cause firms in the organic-produce industry to suffer long-run economic losses.
d) cause the market supply to decline and the price of organic produce to rise.
Answer:
The correct answer is option d.
Explanation:
An industry is comprised of a large number of small firms.
Because of losses, many firms have left the industry.
This will cause the industry supply to decline.
The industry supply curve will move to the left.
The new supply curve will intersect the demand curve at a higher point.
This leftward shift in the supply curve will cause the equilibrium price to increase and equilibrium quantity to decline.
Final answer:
Economic theory suggests that as firms leave the organic-produce industry due to economic losses, market supply will decrease leading to a rise in the price of organic produce. This rise continues until firms can break even or earn profits. Despite more farmers switching to organic farming, higher production costs can keep organic food prices relatively high.
Explanation:
When many sellers in the organic-produce industry have suffered economic losses and have left the industry, economic theory suggests that the market supply will decline. This supply reduction happens because the firms that remain in the industry are now fewer in number. With the reduction in supply, and assuming demand remains constant, there will be an upward pressure on the price of organic produce. Therefore, the price of organic produce is likely to rise in response to the decline in supply. Over time, the price would continue to rise until it reaches a point where economic losses are eliminated, and the remaining firms can break even or make normal profits.
In the specific context of organic produce, despite an increase in the number of farmers converting to organic farming which shifts the supply curve to the right, the increased production costs associated with organic farming methods might mean that the industry will not see price reductions to the level of non-organic foods. Thus, the equilibrium price for organic foods may remain high due to higher production costs, even though the quantity of organic food supplied in the market may increase.
Alex Timbers, a wood supplier, receives an order of 10 wooden logs from a furniture manufacturing company. The client brief mentioned that the logs should be made of teak wood and be identically sized. After receiving the order, the quality specialist of the furniture manufacturer observed that the logs were too big to be used for building furniture. In this scenario, it is likely that the information provided by the furniture manufacturing company to Alex Timbers was _____.
A) untimely
B) irrelevant
C) inaccurate
D) incomplete
Answer:
D. Incomplete
Explanation:
The information supplied by the furniture manufacturing can be described as incomplete because it fails to state how big or how small the wooden logs should be to serve the purpose of what it is wants to be used for. It only states the kind of quality that the wood should be and that it should be of the same size.
A farmer grows squash in his 100 by 100 foot garden. He then sells the crop at the local farmers' market. Two summers ago, he was able to produce and sell 1200 pounds of squash. Last summer, he tried a new fertilizer that promised a 50% increase in yield. He harvested 1900 pounds. Did the fertilizer live up to its promise?
Answer:
Yes, the fertilizer lived up to its promise
Explanation:
New fertilizer promised 50% increase in yield
Initial yield = 1200 pounds of squash
Expected yield with new fertilizer = 1200 + (1200×0.5) = 1200 + 600 = 1800 pounds
Actual yield = 1900 pounds
Since the actual yield surpassed the promise yield of the fertilizer, it lived up to its promise
What involves the agreement on the part of multiple corporations to charge a particular price for a good or service?
Answer:
Price fixing
Explanation:
Any understanding between business contenders or between producers, wholesalers, and retailers to raise, fix, or in any case look after costs. Many, however not all, value fixing understandings are illicit under antitrust or rivalry law.
Unlawful activities might be indicted by government criminal or common authorization authorities or by private gatherings who have endured financial harms because of the lead.
A registered representative services the brokerage account of her father-in-law at her broker-dealer. The father-in-law has asked the registered representative to act as the trustee in a trust account for her spouse and children. The following assets are being donated by the father-in-law into the trust:
Office Building: $15,500,000
Construction Company: $20,000,000
Construction Equipment: $ 2,000,000
The registered representative has agreed not to charge a trustee's fee to do this. Does she have to get permission of her broker-dealer to act as trustee?
A. No, because it is a family relationship
B. No, because the trust does not hold securities
C. No, because she is not being compensated to be the trustee
D. Yes, because this is an outside business activity
Answer:
D. Yes, because this is an outside business activity
Explanation:
Every other "OBA" - Outside Business Activity - should be disclosed to the corporation and authorised by the company.
In addition, it should be recorded on the U4 Form of such a licensed representative and disclosed in the BrokerCheck report of that person. Keep in mind that a person doesn't have to be reimbursed for an OBA to occur.
Whenever the delegate is in a role to direct the outside business entity's investment activities, it makes it an OBA.
The notion that perhaps the licensed representative, as just a beneficiary, would be able to supervise an office building as well as a construction company's activities, which both of these organizations may have servicing and investment accounts, makes it an OBA.
Clarissa wants to fund a growing perpetuity that will pay $10,000 per year to a local museum, starting next year. She wants the annual amount paid to the museum to grow by 5% per year. Given that the interest rate is 9%, how much does she need to fund this perpetuity?A) $250,000.00 B) $125,000.00 C) $300,000.00 D) $200,000.00
Answer:
A) $250,000.00
Explanation:
The computation of the amount needed to fund the perpetuity is shown below:
= (Paying amount per year) ÷ (Interest rate - growth rate)
= ($10,000) ÷ (9% - 5%)
= ($10,000) ÷ (4)
= $250,000
We simply apply the above formula by considering all the given information i.e per year paying amount, interest rate, and the growth rate
Maria, the vice president of sales for an international organization, believes that employees in her foreign offices understand best how to handle the personnel and practices in their offices. So when the corporate HR manager approached Maria about reprimanding Robert, a native Parisian who is the Paris office manager, for not doing things according to corporate policy, Maria backed Robert and said, "I believe that the home office should leave Robert alone because he best understands the local culture." Maria is a(n) ___ manager.
a) global
b) polycentric
c) parochial
d) native
e) ethnocentric
Answer: (B) Polycentric
Explanation:
A polycentric manager is refers to the approach or the method in the global marketing that basically helps the organization for spread about their products and the services among the different countries.
The main objective of the polycentric approach that it helps in managing the different types of operations and services in the business.
According to the given question, maria is the vice president in an organization for the international sales process and she handle all the practices held in their office. Therefore, Maria is refers as a polycentric manger.
CNP, Inc. is considering a project that will produce cash inflows of $12,000 in year one, $27,600 in year two, and $48,100 in year three. What is the present value of these cash inflows if the company assigns the project a discount rate of 10.5 percent?
a. $69,113.58
b. $64,999.91
c. $76,370.51d. $58,372.13
e. $71,824.90
Answer:
a. $69,113.58
Explanation:
Present value can be found by discounting the cash flows at the discount rate.
Present value can be calculated using a financial calculator:
cash flow for year 1 = $12,000
cash flow for year 2 = $27,600
cash flow for year 3=$48,100
Discount rate = 10.5%
Present value = $69,113.58
I hope my answer helps you
One of the reasons Omega Distributors, a local manufacturing company, is considered a good place to work is that the managers encourage and reward their employees for developing new products and ways of improving existing products and services. In this example, Omega Distributors’ managers are carrying out the ________ role.
Answer: Entrepreneur role
Explanation:
The entrepreneur role plays an important role that helps in producing the various factors by creating the profitable business factors and it stimulating the various types of economical activities.
The entrepreneur using the various types of effective skills and bring the new ideas for developing the opportunities and growth.
According to the given question, the Omega distributors is one of the local manufacturing company and the manager is basically carried out the entrepreneur role based on the given above example.
Therefore, Entrepreneur role is the correct answer.
Joker Corporation owns 80% of Klue Corporation. Joker Corporation also owns 45% of Lion Corporation and 45% of Mark Corporation. Klue Corporation owns 40% of Lion Corporation and 10% of Mark Corporation. Which corporations are members of a controlled group?a. Klue, Lion, and Mark Corporations b. Joker, Klue, Lion, and Mark Corporations c. Joker, Klue, and Lion Corporations d. Joker and Klue Corporations
Answer:
Option "C" is the correct answer to the following statement.
Joker, Klue, and Lion Corporations
Explanation:
A group of controlled business is described as a community of two or more companies, businesses or firms.
Joker Corporation purchases 80%, 45% and 45% of Klue, Lion and Mark Corporation respectively.
Klue Corporation purchases 40% and 10% of Lion and Mark Corporation.
In this situation, Joker corporation is created a Parent-subsidiary relationship with other firms. where Klue corporation creates brother-subsidiary relation with Lion and Mark corporation.
Tiny Corporation shows a balance in the unearned revenue account of $1,200 at the end of the month. It is determined that $500 of that amount remains unearned at this time. The adjusting entry to update the accounts is:___________.
Final answer:
To adjust for $700 of services rendered by Tiny Corporation, debit the Unearned Revenue account for $700 and credit the Revenue account for $700, reflecting the transition from unearned to earned revenue.
Explanation:
The student asked for the adjusting entry needed when $700 of unearned revenue becomes earned. Since Tiny Corporation shows a balance in the unearned revenue account of $1,200 and it is determined that $500 remains unearned, $700 has been earned during the period. The adjusting entry consists of debiting the unearned revenue account and crediting the revenue account to reflect the earned amount.
The adjusting entry would be as follows:
Debit Unearned Revenue: $700Credit Revenue: $700This entry will reduce the unearned revenue liability account and increase the revenue on the income statement, correctly reflecting the revenue that has been earned during the period.
You are thinking of investing in Ski Sports, Inc. You have only the following information on the firm at year-end 2018: net income = $50,000, total debt = $1 million, and debt ratio = 70 percent. What is Ski's ROE for 2018?
Answer:
Roe will be equal to 11.67 %
Explanation:
We have given net income = $50000 = $0.05 million
Total debt = $1 million
Debt ratio = 70% = 0.70
We have to find the ROE
Debt ratio is ratio o debt and assets
So [tex]0.7=\frac{1}{assets}[/tex]
Assets = $1.42 million
Now equity will be equal to assets - debt
So equity = $1.42 - $1 = $0.42 million
Now equity ratio is equal to ratio of net income and equity
So equity ratio [tex]\frac{0.05}{0.42}=0.1167[/tex] = 11.67 %
Final answer:
To calculate Ski Sports, Inc.'s ROE for 2018, you need to calculate total assets from the given debt ratio and total debt, determine shareholders' equity, and then divide net income by shareholders' equity, resulting in an ROE of 11.67%.
Explanation:
To calculate the return on equity (ROE) for Ski Sports, Inc., we first need to define ROE. ROE is a measure of financial performance calculated by dividing net income by shareholders' equity. However, we're only given net income and total debt, along with the debt ratio. The debt ratio is the proportion of total debt to total assets, and since Ski Sports, Inc. has a debt ratio of 70%, we can calculate the total assets and then use that figure to determine the shareholders' equity. Once we have the shareholders' equity, we can calculate ROE.
Here are the steps to calculate Ski Sports, Inc.'s ROE:
Calculate total assets using the debt ratio: Total Assets = Total Debt / Debt Ratio = $1,000,000 / 0.70 = $1,428,571.
Calculate shareholders' equity by subtracting total debt from total assets: Shareholders' Equity = Total Assets - Total Debt = $1,428,571 - $1,000,000 = $428,571.
Calculate ROE using net income and shareholders' equity: ROE = Net Income / Shareholders' Equity = $50,000 / $428,571 = 0.1167 or 11.67%.
Therefore, Ski Sports, Inc.'s ROE for 2018 is 11.67%.
Foreign stock markets are frequently characterized by controlling shareholders for the individual publicly traded firms. Which of the following is NOT identified by the authors as typical controlling shareholders?A) the government (for example, privatized utilities)
B) institutions (such as banks in Germany)
C) family (such as in France)
D) All of the above were identified by the authors as controlling shareholders.
Answer:
Foreign stock markets are frequently characterized by controlling shareholders for the individual publicly traded firms. Which of the following is NOT identified by the authors as typical controlling shareholders?
family (such as in France) is consider not to be part of the foreign stock markets characterized by controlling shareholders.
Explanation:
The hotel chain Ritz-Carlton uses the phrase "Ladies and gentlemen taking care of ladies and gentlemen" to demonstrate the company's cultural commitment to take care of both employees and customers. Which of the following is the Ritz-Carlton using to express its corporate culture?a. The company is expressing its key corporate value with a slogan.
b. The company is using a ceremonial demonstration of its values.
c. The company is conveying the value of its employees with a story.
d. The company is illustrating its heroes with strong company values.
Explanation:
The slogan is self explanatory that ladies and gentlemen taking care of ladies and gentlemen.
About the slogan:
So it adds values both to employees as well as the customer. Slogan is more of customer-friendlyThe slogan is always the right aspect to express the motto, culture of the organization and hotel chain Ritz-Carlton has smartly framed it.Justification about the other options:
If the slogan is adding value to the employees alone, then it means that company is valuing the customer who is the king for business. Even the last option stands invalid because, the focus of customer is lost, it feels like self-appraising the company itself.Specialists in which field assess and mitigate workplace hazards, such as issuing ear protection to workers in factories with high noise levels and making sure that people who spend their days in front of a computer have ergonomically designed chairs?
Answer: Industrial Hygiene
Explanation: Specialists in industrial hygiene are also known as occupational hygienists. They serve to analyze, identify, research and measure key elements to industrial hygiene which are biological, chemical, physical and ergonomic (including workplace hazards or stresses) that can cause sickness, impair health, or cause significant discomfort in workers. To do this, they help in spotting these conditions and assist in eliminating or controlling them using appropriate measures.
teacher at a culinary arts school will conduct an experiment to investigate which of three methods of instruction works best in teaching students how to make a good pie crust. Each student in a group of 60 students will be randomly assigned to one of three methods: in-person demonstration by the instructor, watching a video, and reading a recipe. The students will be assigned so that each method will have 20 students. Each pie crust made will be judged on its taste and texture. What are the treatments of the experiment?
Answer:
The three methods of instruction
Explanation:
Based on the statement provided, the experimental treatments are based on the instruction methods. The main aim of the experiment is to study the instruction method that is suitable for teaching the students. The results obtained from the experiments will be compared and a summary will be deduced to know the best instruction method.
Answer:
The three methods of instruction are given below:
Explanation:
The experimental therapies are based on the instruction methods, according to the statement issued.
The experiment's main goal is to investigate the best technique of instruction for teaching pupils.
The outcomes of the studies will be compared, and a summary will be created to determine the optimum technique of education.
For more information, refer to the link:
https://brainly.com/question/14644310
Which of the following types of research refers to research conducted for a single firm to provide specific information its managers need? A. Syndicated research B. Exploratory research C. Custom research D. Descriptive research E. Casual research
Answer:
C. Custom research is the correct answer.
Explanation:
Custom Research is a type of research that is particularly produced and financed by a particular client and the outcomes are restrictive to that particular client. Custom research gives the knowledge required to make significant decisions in different kinds of market challenges. Custom market research benefits to business because custom research investigation offers immensely deeper and more precise insight.Which of the following statements accurately describe the practice of tax inversion?
A) A company shifts their headquarters to a foreign country.
B) A company decreases cash holdings in a foreign country.
C) A company increases debt in their home country.
D) Both A and C, but not B.
Answer:
A) A company shifts their headquarters to a foreign country.
Explanation:
If a corporation restructure itself to replace the current parent with foreign parent so that the current company becomes a subsidiary of the foreign parent, it is known as tax inversion.
Shifting the company to foreign country also moves the tax residence to the foreign country. Companies take advantage of the existing loopholes to avoid tax, It is different from tax evasion as in tax evasion the companies wilfully avoids paying taxes.
In US various legislation and regulation have been enacted by the Congress and Obama administration to curb such tax inversion. Inversions can be considered legal as they do not violate the relevant tax rules, but it leads to losses for the government.
Caleb, the CEO of Doberry Edibles, is very particular about establishing and maintaining good interpersonal relations with his employees. He also has high standards for personal excellence and works hard to accomplish his goals. According to McClelland, this indicates that Caleb has a______________
Answer:
high need for affiliation and high need for achievement.
Explanation:
McClelland's human motivation theory establishes three main motivation drivers:
need for achievement: individuals feel the urge to achieve something they consider important, they want to do something that matters to other people. need for affiliation: individuals need to engage in social relationships and belong to social groups. need for power: individuals feel the need to control and have authority over other people.Caleb, the CEO of Doberry Edibles, typifies both 'Need for Achievement' and 'Need for Affiliation' according to McClelland's Theory of Needs because of his dedication to personal excellence, goal accomplishment, and excellent interpersonal relationships.
Explanation:Based on McClelland's Theory of Needs, Caleb's characteristics suggest that he possesses a certain level of Need for Achievement and Need for Affiliation. According to McClelland, the Need for Achievement is associated with setting and striving for high standards, personal excellence, and goal accomplishment, which mirrors Caleb's traits.
The Need for Affiliation, on the other hand, is defined as a desire for friendly and close interpersonal relationships, clearly observed in Caleb's diligent approach to establishing and maintaining good relations with his employees.
Learn more about McClelland's Theory of Needs here:https://brainly.com/question/33514433
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Which of the steps listed below are part of the fulfillment process.a. Purchase order sent to vendorb. Goods receipt postedc. Billingd. STO processinge. Sales order processing
Answer:C. Billing, E. Sales order processing.
Explanation: Fulfilment process are the steps involved in the end stages of a business transaction some of the activities involved in the Fulfilment process include the Billing process and sales order processing.
Billing: This is a business fulfilment process,where the cost and amount to be paid for the product or service rendered,the Bill is usually made available to the buyer.
Sales order processing is sales document which states the order as it was made by the person or organization,it is made available by the business Organisation.
You have the opportunity to invest in several annuities. Which of the following 10-year annuities has the greatest present value (PV) Assume that all annuities have the same positive interest rate. a.An annuity that pays $500 at the beginning of every six months b.An annuity that pays $1,000 at the end of each year c.An annuity that pays $500 at the end of every six months d.An annuity that pays $1,000 at the beginning of each year
Answer:
a.An annuity that pays $500 at the beginning of every six months
Explanation:
Annuities 1 to 4 gave the following Present values of which the first is the highest. See attached for calculations
PV
6,794.52
6,144.19
6,294.52
6,758.65
Year 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 PV
Annuity 1 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500
DCF @ 10% 1 0.953462589 0.909090909 0.866784172 0.826446281 0.787985611 0.751314801 0.716350555 0.683013455 0.651227778 0.620921323 0.592025252 0.56447393 0.538204775 0.513158118 0.489277068 0.46650738 0.444797335 0.424097618 0.404361213 0.385543289
PV 500 476.7312946 454.5454545 433.392086 413.2231405 393.9928055 375.6574005 358.1752777 341.5067277 325.6138888 310.4606615 296.0126262 282.236965 269.1023875 256.5790591 244.6385341 233.2536901 222.3986673 212.0488092 202.1806067 192.7716447 6,794.52
Annuity 2 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000
DCF 0.909090909 0.8264 0.751 0.683 0.620921323 0.56447393 0.513158118 0.46650738 0.424097618 0.385543289
PV 909.0909091 826.4 751 683 620.9213231 564.4739301 513.1581182 466.5073802 424.0976184 385.5432894 6,144.19
Annuity 3 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500
DCF 0.953462589 0.909090909 0.866784172 0.826446281 0.787985611 0.751314801 0.716350555 0.683013455 0.651227778 0.620921323 0.592025252 0.56447393 0.538204775 0.513158118 0.489277068 0.46650738 0.444797335 0.424097618 0.404361213 0.385543289
PV 476.7312946 454.5454545 433.392086 413.2231405 393.9928055 375.6574005 358.1752777 341.5067277 325.6138888 310.4606615 296.0126262 282.236965 269.1023875 256.5790591 244.6385341 233.2536901 222.3986673 212.0488092 202.1806067 192.7716447 6,294.52
Annuity 4 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000
DCF 1 0.909090909 0.8264 0.751 0.683 0.620921323 0.56447393 0.513158118 0.46650738 0.424097618
PV 1000 909.0909091 826.4 751 683 620.9213231 564.4739301 513.1581182 466.5073802 424.0976184 6,758.65