Answer:
(B) adding all of the debits, adding all of the credits, and then subtracting the smaller sum from the larger sum
Explanation:
While calculating the closing balance of any account,
There includes two possibilities that the account might have debit balance or the account might have credit balance. And for computing this:
All the debits shall be accumulated and then their total shall be computed.
Similarly, all the credits shall be accumulated and their total shall be done.
Which ever is more then the account will have that nature of balance, accordingly the smaller shall be deducted from the larger one and the larger one will decide the nature of balance whether debit or credit.
Employees usually resist organizational trade, particularly when they're requested to throw away private and cultural values. underneath those situations, some obtaining companies follow a deculturation strategy through enforcing their lifestyle and enterprise practices on the acquired organization.
A deculturation strategy of merging company cultures has to be carried out: whilst personnel at the obtained enterprise willingly embody the cultural values of the acquiring organization. whilst both companies operate successfully in different industries. while the received firm's lifestyle does not work.
Alternatively obtaining organizations often apply a deculturation strategy via imposing their lifestyle and business practices on the received organization. They strip away artifacts and praise systems that support the antique culture. folks who can't adopt the acquiring enterprise's culture are often terminated.
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Answer: 12.47%
Explanation:
First convert the APR to the relevant periodic rate.
The compounding is done daily so the periodic rate is:
= 11.75%/365
Effective Annual rate is calculated by the formula:
= ( 1 + periodic rate) ^ compounding period per year - 1
= ( 1 + 11.75%/365)³⁶⁵ - 1
= 12.47%
Answer:
1.0
Explanation:
Benefit-cost ratio BCR can be expressed in monetary or qualitative terms. It presents the relationship between the relative costs and benefits of a proposed project.
If a project has a BCR greater than 1.0, the project is expected to be attractiveto a firm and its investors.
If a project's BCR is less than 1.0, the project's costs outweigh the benefits, and it should not be considered because it is unattractive.
<span> <span>Solution:
A = P(1+r)^n
where,
A = amount
P = principal
r = rate of interest
n = number of years
Putting values in the formula,
8850 = 2750(1+0.08)^n
8850/2750 = (1+0.08)^n
log will be used to solve "n" as it is in the exponent form, which gives,
log(8850/2750) = n log(1+0.08)
By solving, we get n = log(8850/2750) / log(1+0.08)
Using financial calculator, value comes as 15.187 rounded to 15.19.
So, he will have to wait for 15.19 years to take holidays as it will take 15.19 years to make $8850 from $2750 @ 8% annual compounding.</span> </span>
