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agasfer [191]
3 years ago
5

The president of a growing engineering firm wishes to give each of 20 employees a holiday bonus. how much needs to be deposited

each month for a year at a 12% nominal rate, compounded monthly, so that each employee will receive a $2,500 bonus?
Business
1 answer:
Ludmilka [50]3 years ago
4 0

Given that: F (Future worth) = $2,500, i (nominal interest rate) = 0.12, compounded monthly = 12 months, years of investment = 1 year, and no. of employees = 20. Compute using the annuity formula: A=Fi/(((1+i)^n)-1). Calculating i = 0.12/12 = 0.01, since it is compounded monthly. Calculating n (total number of compounding) = 1 x 12 = 12, since year of investment is equal to 1. Substituting F=2500, i=0.01 and n=12 to the annuity formula, you will get A=$197.12. Multiply by 20, you will get $3,942.44.

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Kidzo Inc., a toy car company, has several groups in its manufacturing unit dedicated to do different tasks. For example, it has
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Process departmentalization

Explanation:

Departmentalization

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  • Functional departmentalization - a manufacturing company may have a production department, sales and marketing department, an accounting department, and a human resources department.
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3 years ago
Levine Inc. is considering an investment that has an expected return of 15% and a standard deviation of 10%. What is the investm
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Answer: 0.67

Explanation:

From the question, we are informed that Levine Inc. is considering an investment that has an expected return of 15% and a standard deviation of 10%.

The investment's coefficient of variation will be the standard deviation divided by the expected return. This will be:

= 10/15

= 0.67

3 0
3 years ago
job ________ involves division of an organization’s work among its employees and application of motivational theories to jobs to
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Wayne grants his cousin, Vinnie, a franchise in Wayne's local sandwich shop. Wayne writes the agreement so that he controls ever
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Answer:

<u>Agence law.</u>

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Agency law can be defined as an area of ​​commercial law that deals with the relationship between a party that has legal authority to act in place of another, called an agent.  The agent can be an individual, or some partnership or corporation. The agent deals with contractual, almost contractual and non-contractual fiduciary relationships.

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Answer:

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According to the tax laws there is annual limit on Loss deductions  relating the amount of business loss that can be deducted in a year.

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Therefore, if Jahlil is single the amount of partnership loss he can deduct is $250,000 but if he is married filing jointly, he can deduct $500,000

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