Answer:We use the Large Function. the general formula is =LARGE(first cell:last cell,3) .Please refer to the explanation section for details
Explanation:
Let us assume
A 1 = $1,250, A 2 = $1,090, A 3 = $985, A 4 = $985, A 5 = $880, A 6 = $756, A 7 = $675, A 78= $650, and A 9 =$600
Using the Large function on excel to return the third largest value, on the formula bar we have the following formula;
=LARGE(A1:A2,3)
A decline in the growth rate of labor productivity means that the growth rate in the number of goods or services that can be produced by 1 hour of work has declined.
<h3>What is the labor productivity growth?</h3>
This is used to refer to the growth in the output. This is measured by increase in workers productivity per hour.
It is what causes them to produce more than they would given the number of work hours available.
Read more on labor productivity here:
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Answer:
c. corporate officers.
Explanation:
In the case when the potential obligation is to be avoided for any misconduct while having operations in the corporate so the directors could refrain from the supervision of the delegated work to the corporate officers so that the work could not harm that result in help in attains the goals & objectives
Therefore the option c is correct
Answer:
$67,800
Explanation:
We can use annuity formula to find the present value of the royalties received for the upcoming ten years.
The annuity formula used here is attached with the answer.
The first step would be finding annuity factor at 12%.
So
Annuity Factor = (1-(1+r)^-n) / r
By putting values, we have:
Annuity Factor = (1 - (0.322)) / 0.12 = 5.65
Present Value = Annual Cash flow * Annuity Factor
PV = $12,000 * 5.65 = $67,800
Alternative term for core competencies.