Answer:
The correct answer is D.
Explanation:
Giving the following information:
Annual deposit= 5,000*1.25= $6,250
n= 35 years
i= 0.08 annual
To calculate the future value of the retirement plan, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {6,250*[(1.08^35)-1]}/0.08= }$1,076,980.02
Answer:
A. power distance
Explanation:
In the context of Hofstede's cultural dimensions, this difference in cultures is part of the power distance dimension, which corresponds to the hierarchical position of the members of an organization and the appropriate relationship form for each hierarchy in an organization that occurs in certain cultures, reinforced by an inequality that already occurs in society.
To avoid offensive behavior in multinational businesses, it is necessary to have multicultural skills that include ethics, respect and knowledge of a new culture and its rules.
784.967 rounded to the nearest whole number is 785
Answer:
The company's price–earnings ratio is 36.
Explanation:
Price earning ratio is the ratio of market value of share to earning per share. It shows that how much investors are willing to pay for each dollar of earning of the company.
Profit margin = Net income / sales
0.04 = Net Income / $7800
Net Income = $7800 x 0.04 = $312
Earning Per share = Net Income / number of outstanding shares
Earning Per share = $312 / 6,100 = $0.05
Price earning ratio = Market price of share / Earning per share
Price earning ratio = $1.8 / $0.05 = 36
