Answer:
PV= $31,794.12
Explanation:
Giving the following information:
Monthly payment= $600
Number of months= 5*12= 60 months
Interest rate= 0.05/12= 0.004167
<u>To calculate the present value of the monthly payments, we need to use the following formula:</u>
PV= A*{(1/i) - 1/[i*(1 + i)^n]}
A= monthly payments
PV= 600*{(1/0.004167) - 1/ [0.004167*(1.004167^60)]}
PV= $31,794.12
Answer:
Standing
Explanation:
In business, Standing plans refers to list of specific actions related to the operations that is made to ensure to ensure that company's activity run smoothly. Standing plans could tend to be really flexible since it is depended on the new/current situations that is faced by the company.
In the example above,
United Airlines faced a potential disaster for the negative perception that might be created from their employees' action (negative coverage from news or social media)
. They create the standing plan as a form of damage control and to make employees could follow a better solution in case similar situation occurs in the future.
Answer:
A net income decrease of $130900 will occur by eliminating the mountain bike division.
Explanation:
Find the attachment
<h3>There are fourteen principles of management. They are:</h3>
- Division of work
- Authority and responsibility
- Discipline
- Unity of Command
- Unity of Direction
- Subordination of individual interest
- Remuneration
- Centralization
- Scaler Chain
- Order
- Equidity
- Stability
- Initiative
- Escript de Crops
All economic systems must answer the 3 basic questions:
1. What goods and services will be produced
2. How will the goods and services be produced?
3. Who will consume the goods and services?
