Answer:
A) Establish high standards for being hired for any Camp Bow Wow job and set commensurately high compensation.
Explanation:
Setting compensation that is competitive will keep employees happy with the work that they are putting and they will feel that they are being fairly rewarded for the amount of work that they are doing. Also maintaining high standards will keep business processes running smoothly and always present the company with the opportunity to implement new ideas as staff are competent and will most likely be eager to adopt the innovative ideas / concepts. Feeling as though it is a privilege to work for Camp Bow Wow will keep employees motivated and eager to perform.
Answer:
70years
Explanation:
The future value formula for compound interest, after n interest period is
where i is the interest rate per period in decimal form and P is the principal or present value.
The Rodriquez family is determined to purchase a $250,000 home so
F=$ 250,000
The family plans to save $2,500 a quarter for this purpose and expects to earn 6.65 percent.
This implies that:
For t years, the number of compounding periods will be;
We fixed the values into the formula and solve for t.
It will take approximately 70years
1. Paying her bill late( messes up your credit score)
2. Overspending ( self-explanatory)
3. Using her credit card on unknown website( increases risk of fraud)
Answer:
The average operating cost is $0.46 per mile
In deciding whether to to her use her own car or rent a car the costs are analysed below:
Variable operating cost is a relevant cost
Depreciation is not relevant as it is already cost and also it is sunk cost
insurance is not relevant as well
automobile tax and license is not relevant as it would be paid regardless of the option chosen
Explanation:
The average cost comprises of the variable operating cost per mile as well as the fixed operating cost per mile
variable operating cost per mile is $0.06
fixed cost operating cost=fixed costs/total miles driven=($3,350+$1,700+$900+$450)/16000=$6400
/16000=$0.40
average cost per mile=$0.06+$0.40=$0.46
Answer: Statement that “There is no need to evaluate mutual fund investments because investment companies hire the best professional managers they can to manage their funds “ is FALSE
A mutual fund is a pool of stocks, bonds or other funds where an investor purchase his shares. He gets one to meet his investment goals so evaluating a mutual fund's performance is needed and must involve thorough research to lessen risk.
Professional fund managers do make mistakes, so it is a must that investors continually evaluate their mutual fund investments.
