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3 years ago

What are the advantages and disadvantages of paying the new manager primarily cash pay?

1 answer:

7 0

The advantages of primarily cash pay are the following:
1. It motivates the owner to expand the business.
2. The desirable increase in the level of services.

The disadvantages are the following:
1. There was a little incentive to the owner.
2. There was potential to lose sight to the customers.

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Instructions: Select the correct answer from the drop-down menu.

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3 years ago

Read 2 more answers

Effect of transactions on cash flows

kirill115 [55]

Solution :

EFFECT AMOUNT ($)

a. Cash payment $510,000

b. Cash receipt $600,000

c. Cash receipt $72,400

d. Cash payment $825,000

e. Cash payment $30,000

f. Cash receipt $390,000

g. Cash payment $225,000

h. Cash payment $1475000

8 0

3 years ago

How do fixed costs per unit behave?

ipn [44]

83974875687168756574150674564736%

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3 years ago

What is the size of the payments that must be deposited at the beginning of each 6-month period in an account that pays 8.6%, co

Burka [1]

Answer:

The answer is $86,167.57 (to 2 decimal places)

Explanation:

In this question, we are to calculate the present value of a certain amount that is compounded semiannually, and after 10 years, yields a future value of $200,000. To calculate this, we will use the formula for calculating present value as follows:

PV = FV ÷ $(1+\frac{r}{n})^{n*t}$

where:

PV = present value = ???

FV = future value = $200,000

r = interest rate in decimal = 8.6% = 0.086

n = compounding period pr year = semiannually = 2

t = time of compounding in years = 10

Therefore,

PV = 200,000 ÷ $(1+\frac{0.086}{2})^{2*10}$

PV = 200,000 ÷ $(1.043)^{20}$ = $86,167.57

3 0

3 years ago

What power has social media granted companies that they had never had before

VashaNatasha [74]

The social media have a lot of benefits to offer to companies, these benefits can not be derived from anywhere else. One of the benefits that businesses gain from social media is the opportunity to market and advertise their products, making their products known to people all over the world. Social media has made it possible for local companies to be known globally, thus increasing their status and profits. <span />

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3 years ago