In the double forecasting model Ft + k = at + btk, Ft + k denotes the level in the model

According to Expectancy Theory a salesperson will be motivated to work harder when they believe that greater effort will lead to greater performance.

a. true b. false

A percentage lease specified that the rent would be computed on the average rent paid during the lease. The monthly payments on the lease were $205 plus 2 1/2% of the tenant's gross annual receipts over $10,500. The tenant's gross receipts averaged $12,750 per month. Based on this information, what was the tenant's average monthly rental on this property:

A: $207.50; B: $231.75; C: $261.25; D: $501.88.