All categories

3 years ago

True or False: In business messages, the quantity of words enhances the quality of the message. True False

Business

1 answer:

galina1969 [7]3 years ago

5 0

Answer:

The statement is: False.

Explanation:

Many people have the wrong idea that writing long paragraphs is better to provide a more professional look to a study or report. However, in business especially, the optimal rule to follow is to be short and concise. Managers need information that will help them make decisions. Thus, the data provided must give clear conclusions from where the decisions can be taken. Wordy reports seem unuseful for that purpose.

You might be interested in

Margaret puts money into her savings account each month. in this example money is functioning as a

astraxan [27]

Answer: a store of value

4 0

2 years ago

The Bonsai Nursery Corporation has $1,000 par value bonds with a coupon rate of 8% per year making semiannual coupon payments. I

nignag [31]

Answer:

9.78%

Explanation:

The yield to maturity can be determined using the rate formula in excel as shown below:

=rate(nper,pmt,-pv,fv)

nper is number of times coupon interest would be paid,which is 12 years multiplied by 2(semi-annual interest payment) i.e 24

pmt is the semi-annual interest which is $1000*8%/2=$40

pv is the current price of the bond at $876.40

fv is the face value of the bond which is $1000

=rate(24,40,-876.40,1000)=4.89%

Semi-annual yield is 4.89%

Annual yield is 4.89%*2=9.78%

The yield to maturity on these bonds is approximately 9.78%

6 0

3 years ago

Lisa Carson has the opportunity to receive $12,000 now or $15,000 in four years. If Lisa can earn 6 percent on her investments,

Tasya [4]

Answer:

$11881.4

Explanation:

Given :

Future value, FV = $15,000

Interest rate, r = 6%

Period, n = 4 years

Using the Present Value formula :

PV = FV(1 ÷ (1 + r)^n)

15000(1 ÷ (1 + r)^n)

15000(1 ÷ (1 + 0.06)^4)

15000(1 ÷ 1.06^4)

15000(1 ÷ 1.26247696)

15000(0.7920936)

= $11,881.4

3 0

3 years ago

Your introduction should be no more than _____ percent of your speech time.

Sloan [31]

No more than 15 percent of your speech time.
Hope this helps!!

7 0

3 years ago

Read 2 more answers

What is the approximate present value of $1 that will be paid to you in 3 years if the interest rate were 5 percent?

Stolb23 [73]

Answer:

The present value is $0.86.-

Explanation:

Giving the following information:

Future Value (FV)= $1

Number of periods (n)= 3 years

Interest rate (i)= 5% = 0.05

<u>To calculate the present value (PV), we need to use the following formula:</u>

PV= FV/(1+i)^n

PV= 1/(1.05^3)

PV= $0.8634

The present value is $0.86.-

3 0

3 years ago