Answer:
c. Bill is the superintendent of schools, and John is the chair of the school board
Explanation:
Bill is the superintendent of schools, and John is the chair of the school board
Answer:
Nominal interest rate (n) = 10% = 0.10
Inflation rate (i) = -2% = -0.02
Real interest rate (r) = ?
Application of Fisher's Equation
(I + n) = (1 + r)(1 + i)
(1 + 0.10) = (1 + r)(1 + -0.02)
1.10 = (1 + r)(0.98)
<u>1.10</u> = 1 + r
0.98
1.1224 = 1 + r
1.1224 - 1 = r
r = 0.1224 = 12.24%
Jimmer's real income will change by 12.24% next year.
Explanation:
In the determination of the rate of change in real income, there is need to apply Fisher's equation. The nominal rate and inflation rate have been given, thus, we will make the real rate the subject of the formula.
Answer: b. Access to additional knowledge and expertise.
Explanation:
One of the advantages of opening a limited company be it private or public, is the additional knowledge that the other shareholders would bring on board.
In the case of a private company, the new shareholders would be from various backgrounds and would have knowledge on how to grow the business and in the case of a public company, the Board of Directors are usually drawn from various industries and so will put their experience from those industries into the company thereby giving it an edge.
Answer:
The weekly gross pay is $ 360
Explanation:
The total number of hours for which Tamon worked in a week = 40 hours
The total amount of money made by Tamon per hour = $9
The total amount earned in the week for working for 40 hours at the rate of $9 per hour
= 40 * 9
= 360
The weekly gross pay is $ 360
Answer and Explanation:
a. Organizational structure = Control environment
Top management always keep organizational structure Therefore, it is a part of the environment of control.
b. Report of company's conformity with environmental laws and regulations = Information and communication
Company's compliance reports are confidential accounting information.
c. Proofs and security measures = Control procedures
Proofing and monitoring controls ensure company is achieving its target.
