Answer:
Efficiency wage theory
Explanation:
Efficiency wage theory was first postulated by Alfred Marshall, where he viewed compensation to workers as based on their efficiency.
Companies use efficient wage to reduce staff turnover, as staff are motivated to stay because of wages that are above the industry standard.
It is also a way to reduce cost mostly in industries where the cost of staff replacement is high.
Answer: The longer the time period that funds are invested, the greater the future value.
Explanation:
When we are discussing about the time value of money, we are simply saying that it's better for one to have money today than wait till the future to have that particular amount of money. For example, if someone tells you to either collect $100 today or wait till next month to collect the $100 bill. According to the time value of money, it's better to collect it now as the person can invest with it and by the time it's a month, the value of the money will be more than $100.
The longer the time period that funds are invested, the greater the future value. This is because for example if for example one keeps $100 for 1 year at 6% per annum, the interest will be $6 for a year but if it's kept for 5 years, the simple interest will be $30.
This shows that the longer the time period that funds are invested, the greater the future value.
Answer:
The correct answer is d. property could bring prestige, and prestige could bring property.
Explanation:
The textual definition of Weber is the following: "The set of probabilities is inherited property appropriated by an individual or a community or a society; being free property in the event that it is disposable" (Weber, 1922: 36)
.
The "stratum" is the conglomerate of individuals who occupy a similar position in the hierarchy of prestige of a society. These men have a very weak and relative community of culture and gender of life and can hardly become the support of a common conscience and action. The "class" is instead a totality, a group, which is characterized above all by conscience, will and action (organization, party)
Answer:
The projects net present value = −$1,104,607
Explanation:
The net present value is the sum of the present values of all expected cash-flows from t=0 to t=n
The equal cash-flows of $500,000 expected at the end of each year from year 1 to year 5 are an annuity whose present value is calculated as follows:
PV of An Ordinary Annuity= ![\frac{PMT[1-(1+i)^{-n} ] }{i}](https://tex.z-dn.net/?f=%5Cfrac%7BPMT%5B1-%281%2Bi%29%5E%7B-n%7D%20%5D%20%7D%7Bi%7D)
where PMT is the the equal payment cash inflow received at the end of each period
i is the project's cost of capital and
n is the number of periods making the annuity
Therefore: Net Present value of this investment given a 10% project cost of capital is calculated as follows:
NPV=![-$3million + \frac{($500,000*[1-(1+0.1)^{-5} ]) }{0.1}](https://tex.z-dn.net/?f=-%243million%20%2B%20%5Cfrac%7B%28%24500%2C000%2A%5B1-%281%2B0.1%29%5E%7B-5%7D%20%5D%29%20%7D%7B0.1%7D)
=-$1,104,606
Answer:
Jose is a twenty-two year old who just finished college. He lives alone in a small apartment that he rents. Jose has saved up nearly all his earnings from various part-time jobs in order to start his photography business. Given his current situation, Jose most likely has:________.
Explanation:
The answer for that would be B. High risk tolerance
