Answer:
18%
Explanation:
The computation of the average rate of return is shown below:
The average of annual income is
= $936,000 ÷ 8 years
= $117,000
And, the average investment is
= ($1,200,000 + $100,000) ÷ 2
= $650,000
Now the average rate of return is
= $117,000 ÷ $650,000
= 18%
Answer:
purchase; increase.
Explanation:
Suppose that the current federal funds rate is above the federal funds target rate. In order to lower the federal funds rate the Fed will purchase securities on the open market which will increase the supply of reserves in the market for reserves, pushing the rate closer to the target rate.
Answer:
A. a matrix structure.
Explanation:
A matrix organizational structure is a type work structure where reporting relationships between employees are set up as a matrix rather than the conventional hierarchy approach. This simply means, there are two (2) chains of command; employees have dual reporting relationships to both a project and functional manager.
The matrix organizational structure can be classified into three (3) categories, these are;
1. Weak matrix structure.
2. Balanced matrix structure.
3. Strong matrix structure.
In project management, a strong matrix is also known as the project matrix and it basically refers to a matrix project that is significantly similar or having close resemblance with the pure project. In the strong matrix structure, the project manager controls most of the project activities and functions, including the assignment and control of project resources.
This ultimately implies that the project manager primarily holds a full-time role and has a sole authority, and as such control the budget. The role of the functional manager is usually minimal.
Hence, a project organization structure where team members report to a functional manager as well as to the project manager is called a matrix structure.
Answer:
$46,571
Explanation:
The cost price is $500,000
The residual value is $ 11,000
Useful life is 7years
The depreciable amount will be cost price -residual value
=$500,000 - $11,000
=$489,000
Depreciation expense per year on the straight-line method will be
=$489,000/7
=$69,857. 14
After three years, the total depreciable amount will be 69,857.14 x 3
=$209,571.42
New book value after three years will be 489,000 - 209,571.42
=$279,428.58.
Useful has been adjusted to nine years. Three years have passed. Four years remain plus two added years meaning six years to go.
Depreciation from the 4th year will be
=279,428.58/6
=$46,571
When a small business owner has two employees but trusts each one to have their own cash register and handle the money of the business separately, that means that the owner supports the establishment of responsibility. One instance where this could happen is at a small deli or coffee shop.
