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eimsori [14]
3 years ago
10

Tim writes a note to his boss to apologize for an embarrassing typo in a recent publication. At the end of the message, he promi

ses that he will not let such a mistake get by him in the future. This promise is an example of
Business
2 answers:
Oxana [17]3 years ago
5 0
This is an example of shallow promise
aksik [14]3 years ago
5 0

Answer

This is an example of offering commitment

Explanation

offering commitment in this kind of a mistake in Tim's note means that he will commit him self to ensure that it will not happen again. This means he was not aware of the typo error but after it was noted he accepts it. So in order for this not happen again he promises to commit himself and by this he has to be checking his publications and to make sure that all errors are dealt with.

You might be interested in
What education does a childcare director need
nexus9112 [7]

Answer:

An associate's or bachelor's degree in early childhood education is needed to work as a child care director.

Explanation:

4 0
3 years ago
Read 2 more answers
Neon Electronics Inc. sourced touch screens required for its tablet computers, cell phones, and televisions from a manufacturer
Nataly_w [17]

Answer:

C. backward vertical integration

Explanation:

Vertical integration is one in which the supply chain of a clothe producing company is owned by the

Backward integration is a type of vertical integration in which a firms starts to fill in the role it once designated to another in the manufacturing of its product. Backward vertical integration would see a company buying another to fulfill its needs as regarding production.

From the above question, it can be seen that due to the inability of the china firm to meet up with Neon Electronics Inc; it started to produce the touchscreens needed for the tablet computers.

Cheers.

3 0
3 years ago
RuthAnn is 28 years old and is retiring at the age of 65. When she retires, she estimates that she will need an annual income of
inessss [21]

Answer:

Yes

Explanation:

From her current age of 28 to her retirement age of 65, RuthAnn has (65 - 28 =) 37 more years to work.

If she saves 11% of her annual income of $36,278.13 into a 401(k), she will be setting aside (11% * 36,278.13 =) $3,990.59 into the 401(k) account annually.

At 7.1% compounding rate, in 37 years, RuthAnn would have set aside an amount estimated by the future value of an annuity formula.

FV = \frac{A(1+r)^{n} - 1}{r}

where FV is the future value, the amount that would have been set aside,

A = is the annual savings,

r = is the compounding rate, and

n = is the number of years.

Therefore, the total amount that would be saved up after 37 years =

FV = \frac{3,990.59(1+0.071)^{37} - 1}{0.071}

= (3,990.59 * 11.6535)/0.071

= $654,990.31.

By spending $32,523 annually from an account earning 7.1% compound interest rate for 30 years, the present value of the total amount needed by RuthAnn today that will be sufficient for her retirement spending can be estimated using the present value of an annuity formula.

PV = \frac{A(1 - (1+r)^{-n}}{r}

= PV = \frac{32,523(1 - (1.071)^{-30}}{0.071}

= (32523 * 0.8723)/0.071

= $399,574.83.

Since the amount saved up ($654,990.31) is more than the total amount required for RuthAnn's retirement ($399,574.83), RuthAnn has more than sufficient to meet her Retirement goal.

Specifically, the amount she has saved up can support a maximum annual spending which can be estimated from the present value of an annuity formula.

PV = \frac{A(1 - (1+r)^{-n}}{r}

where PV = the amount saved up, $654,990.31,

A = the annual spending which we are estimating,

r = the 7.1% compound interest rate,

n = the number of years to retirement.

654,990.31 = \frac{A(1 - (1.071)^{-30}}{0.071}

= 654,990.31 = (A * 0.8723)/0.071

= A = 654,990.31/0.8723 * 0.071

= A = 53,312.29

Thus, the amount saved up can support a maximum retirement spending of $53,312.29, which is higher than the $32,523 annual income needed by RuthAnn for her retirement.

6 0
2 years ago
Due to ____, market forces should realign the cross exchange rate between two foreign currencies based on the spot exchange rate
aksik [14]

Answer:

Triangular Arbitrage

Explanation:

Arbitrage is the financial practice in which the prices of two or more different markets are taken advantage of to make profit as a result of tthe imbalance in the prices of the markets.

Also known as 3 point or cross currency arbitrage, Triangular arbitrage is the taking advantage/ exploiting of the pricing differences between 3 currencies on the foreign exchange market.

Simply put, triangular arbitrage is a situation in which the exchange rates between 3 currencies are not the same.

Triangular arbitrage is difficult to come by as it requires very advanced computer systems to detect and take advantage of.

I hope this helps.

6 0
2 years ago
Selected current year company information follows: Net income $ 17,753 Net sales 730,855 Total liabilities, beginning-year 101,9
Sveta_85 [38]

Answer:

6.03%

Explanation:

Calculation for the return on total assets

First step will be to find the assets at the beginning using this formula

Beginning year Assets =Beginning Total liabilities + Beginning Stockholders' equity

Let plug in the formula

Beginning year Assets=$101,932 + $216,935

Beginning year Assets=$318,867

Second step is to find the end of the year asset using this formula

End of the year assets = Ending Total liabilities + Ending Stockholders' equity

Let plug in the formula

End of the year assets=$121,201 + $148,851

End of the year assets = $270,052

Last step is to calculate for the return on total assets using this formula

Return on total assets = Net income/Average of total assets,

Let find the Total asset averages

Using this formula

Total asset averages=(Beginning year Assets+End of the year assets)/2

Let plug in the formula

Total asset averages($318,867 + $270,052)/2 Total asset averages=$588,919/2

Total asset averages= $294,459.50

Hence,

Return on total assets = Net income/Average of total assets

Return on total assets=$ 17,753/294,459.50

Return on total assets=0.0603

Return on total assets=6.03%

Therefore the return on total assets will be 6.03%

8 0
3 years ago
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