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stepan [7]
3 years ago
6

Brenda graduated with her B.A. in business administration and was surprised when she was told she was unqualified to run the hum

an resources department in several companies without work experience. Now she must decide what to do as a stepping stone to reach her goal.
Which option best fits Brenda's goals?
a.Take a lower level job in a human resources department for experience.
b.Move to a bigger city where there is a greater need for human resources directors.
c.Go to graduate school to build her educational credentials.
d.Earn a bachelor's degree in a different subject for flexibility.
Business
1 answer:
Tcecarenko [31]3 years ago
7 0

Answer:

a.Take a lower level job in a human resources department for experience.

Explanation:

For Brenda to be able to progress to the next stage, she needs to address the issue holding her back. From the feedback that Brenda has received, she needs work experience to run a human resource departments. Brenda should then find a way of adding work experience to her credentials.

The most appropriate way for her to gain experience is by taking a lower level job in a human resource department. By doing so, Brenda will gain hands on experience on human resources operations. She will get an opportunity to work under a manager. That way, she will acquire the practical skills of a human resources manager.

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Answer:

Annual deposit= $60,982.31

Explanation:

Giving the following information:

Future Value= $2,500,000

Number  of periods= 20 years

Interest rate= 0.07

<u>To calculate the annual deposit, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (2,500,000*0.07) / [(1.07^20) - 1]

A= 60,982.31

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3 years ago
What is the main commodity on the JEB - property/ shares/ gold/ oil ?
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<span>Gold is the main commodity on the JEB. Right now gold is trading around the $1250 level.</span>
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2 years ago
As the chief financial officer (CFO), you identify that your firm needs to raise additional funds by selling new shares of stock
const2013 [10]

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3 0
3 years ago
A case study in the chapter analyzed purchasing-power parity for several countries using the price of Big Macs. Here are data fo
goblinko [34]

Answer:

Predicted exchange rate = Country price of Big Mac/ US price of Big Mac

Predicted exchange rate:

Chile = 2,050 / 4.37

= 469.11 Pesos / US dollar

Hungary = 830 / 4.37

= 189.93 Forints / USD

Czech Republic = 70 / 4.37

= 16.01 Korunas / USD

Brazil = 11.25 / 4.37

= 2.57 Real/ USD

Canada = 5.41 / 4.37

= 1.24C$/ US$

<em>According to purchasing power parity, the predicted exchange rate between the Hungarian forint and the Canadian dollar is </em><em><u>153.42 Forint per C$</u></em><em>. However, the actual exchange rate is </em><em><u>217 Forint per Canadian Dollar</u></em><em>. </em>

Predicted exchange rate = 830 / 5.41 = 153.42 Forint per C$

Actual Exchange rate = 217/1 = 217 Forint per C$

5 0
3 years ago
You are 30 years old today and are considering studying for an MBA. You just received your annual salary of $50,000 and expect i
Liono4ka [1.6K]

Answer:

Yes, you should take the MBA because the NPV of taking the MBA is positive.

Explanation:

the total economic costs of taking the MBA program include the lost wages + the costs of taking the MBA and any interest you could have earned by investing it on something else = ($50,000 x 1.03) + ($50,000 x 1.03²) + (2 x $30,000 x 1.08) = $51,500 + $53,045 + $64,800 = $169,345

the present value of your total economic costs:

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if you continued to work, your salary at year 3 would be $54,636.35 and it would continue to increase by 3% every year. The salary that you can earn with an MBA is $80,000 and it will grow by 4% per year. I used an excel spreadsheet to calculate future salaries and the differential amount between them. Then I calculated the PV at the beginning of year 3 of the differential income.

The PV of the differential income today = $560,281.31 /1.08³ = $444,769.38

the NPV of taking an MBA = $444,769.38 - $150,940.51 = $293,828.87

6 0
3 years ago
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