Answer:
Merit.
Explanation:
Human resources management (HRM) can be defined as an art of managing, controlling and improving the number of people (employees or workers), functions, activities which are being used effectively and efficiently by an organization.
Hence, human resources managers are saddled with the responsibility of recruiting, managing and improving the welfare and working conditions of the employees working in an organization.
An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.
Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).
Hence, while an employer may be the owner of a business firm or company, an employee is a subordinate employed to provide unwavering services to the employer while also, being professional and diligent at all times.
In this scenario, Susko Systems most likely uses the promotion criterion of merit to promote its employees. A merit is function of the performance of an employee.
Answer:
Expected return or the cost of equity capital for the firm = 14%
Explanation:
V(0) = D1 / r - g
v = 20, D1 = 2, r = ?, g = 0.04
20 = 2 / (r - 0.04)
20r - 0.8 = 2
20r = 2 + 0.8
20r = 2.8
r = 2.8/20
r = 0.14
r = 14%
Note: Application of constant growth dividend discount model was required to solve the question
Answer:
Yes, I was very impressed to see how average people have used the speaker's invention to create new ways of doing things.
The kids are highly imaginative and there was a boy who designed and constructed a dog piano which was very creative and very unusual.
On July 15, there is pending 6000 on the cash account.
Then on July 20, Cajon Co. returns the merchandise of 1000, so the pending cash decreases and now it is only 5000.
Afterwards, on July 24, Cajon paid for the merchandise. Since the credit terms is 2/10, 2 percent discount will be given if they paid within 10 days. So 5000 multiplied by . 02 = 100. 5000 - 100 = $4900 is the amount of cash received.
<span>$464,171.83
The discount rate is used to calculate the present value of an asset you expect to get in the future. The formula is
PV = FV/(1+R)^n
where
PV = Present Value
FV = Future Value
R = Rate
n = Number of periods
So let's look at the return for the first 3 years
Year 1
PV = $120,000/1.12 = $107,142.86
Year 2
PV = $180,000/1.12^2 = $180,000/1.2544 = $143,494.90
Year 3
PV = $300,000/1.12^3 = $300,000/1.404928 = $213,534.07
So the current value is
PV = $107,142.86 + $143,494.90 + $213,534.07 = $464,171.83</span>
