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2 years ago

How to create business policies?

Business

1 answer:

svetlana [45]2 years ago

6 0

Step 1: Identify the Need for a Policy.

Step 2: Determine Policy Content.

Step 3: Obtain Stakeholder Support.

Step 4: Communicate with Employees.

Step 5: Update and Revise the Policy.

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Assume a $80,000 investment and the following cash flows for two alternatives. Year Investment X Investment Y 1 $20,000 $40,000

Ratling [72]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Io= -$80,000

Investment X:

Year 1= $20,000

Year 2= $25,000

Year 3= $20,000

Year 4= $25,000

Year 5= $20,000

Investment Y:

1= $40,000

2= $30,000

3= $15,000

<u>The payback period is the number of years and days that takes to recover the initial investment.</u>

Payback period Investment X:

Year 1= 20,000 - 80,000= -60,000

Year 2= 25,000 - 60,000= -35,000

Year 3= 20,000 - 35,000= -15,000

Year 4= 25,000 - 15,000= 10,000

To calculate the days:

15,000/25,000= 0.6*365= 219 days

It will take 3 years and 219 days to recover the initial investment.

Payback period Investment Y:

Year 1= 40,000 - 80,000= -40,000

Year 2= 30,000 - 40,000= -10,000

Year 3= 15,000 - 10,000= 5,000

To calculate the days:

10,000/15,000= 0.67*365= 245 days

It will take 2 years and 245 days.

7 0

4 years ago

A bank has kept records of the checking balances of its customers and determined that the average daily balance of its customers

-BARSIC- [3]

Answer:

1. P(X > 305) = $0.1038

2. P ( X > 295) = $0.8962

3. P ( X > 290) = $0.0057

4. P(302 < X < 304 ) = $0.1488

Explanation:

Solution:

Data Given:

Mean = u = $300

SD = Standard Deviation = $56

Sample Size = n = 200

uX = u = 300

SDX = $\frac{SD}{\sqrt{n} }$ = $\frac{56}{\sqrt{200} }$ = 3.96

P(X > 305) = 1-P ( $\frac{X - uX}{SDX} < \frac{305 - 300}{3.96}$ )

P(X > 305) = 1-P (Z < 1.26)

Using Standard Normal Table, we have:

P(X > 305) = 1 - 0.8962

Probability = $0.1038

P ( X > 295) = 1 - P ( $\frac{X - uX }{SDX} < \frac{295 - 300}{3.96}$ )

P ( X > 295) = 1 - P (Z< 1.26)

Using standard normal table, we have:

P ( X > 295) = 1 - 0.1038

P ( X > 295) = $0.8962

P ( X > 290) = P ( $\frac{X - uX }{SDX} < \frac{290 - 300}{3.96}$ )

P ( X > 290) = P ( z< -2.53)

Using Standard normal table, we have:

P ( X > 290) = $0.0057

P(302 < X < 304 ) = P ( $\frac{302 - 300}{3.96} < \frac{X - uX}{SDX} < \frac{304 - 300}{3.96}$ )

P(302 < X < 304 ) = P ( 0.51 < z < 1.01)

P(302 < X < 304 ) = P (z < 1.01) - P (z < 0.51)

P(302 < X < 304 ) = 0.8438 - 0.6950

P(302 < X < 304 ) = $0.1488

7 0

3 years ago

Which is greater: 1 hour or 60 minutes?

musickatia [10]

Answer:

both r the same

Explanation:

Stay safe, stay healthy and blessed.

Thank you

5 0

2 years ago

Read 2 more answers

Secondary data consist of ________. Group of answer choices information collected for the specific purpose at hand data that doe

fredd [130]

Answer:

information that already exists somewhere, having been collected for another purpose

Explanation:

In data collection there are two main types based in the source and the purpose for which it is collected.

Primary data collection is done mainly for a particular purpose. It is the first time data is collected for that reason.

Secondary data is one that is collected from primary sources. It is collected from data compiled for other purposes in the past.

The data is now seen as being useful for another activity so it is reused.

Examples are information from newspapers, diaries, transcripts, and financial statements

7 0

3 years ago

Kingbird Company prepared the tabulation below at December 31, 2022. Net Income $300,000 Adjustments to reconcile net income to

notka56 [123]

Answer and Explanation:

The preparation of the partial cash flow statement is shown below:

Cash flow from operating activities

Net income $300,000

Add: Depreciation expense $25,000

Less: Increase in accounts receivable -$75,000

Add: Decrease in inventory $15,000

Add: Amortization of patent $4,000

Add: Increase in accounts payable $7,500

Add: Decrease in interest receivable $4,000

Less: Increase in prepaid insurance -$7,000

Less: Decrease in income taxes payable -$2,000

LesS: Gain on disposal of plant assets -$10,000

Net cash provided (used) by operating activities $261,500

6 0

3 years ago