The net present value of this lockbox arrangement is $1,205,378.06.
Since you are considering implementing a lockbox system for your firm, and on an average day, your firm receives 1,370 checks with an average value of $ 880 each, and the daily interest rate on Treasury bills is 0.01 percent, and the bank charge per check would be $ 0.25, to determine what is the net present value of this lockbox arrangement, the following calculation must be performed:
- ((1370 x 880) x 1.0001) - (1370 x 0.25) = X
- 1,205,720.56 - 342.5 = X
- 1,205,378.06 = X
Therefore, the net present value of this lockbox arrangement is $1,205,378.06.
Learn more about maths in brainly.com/question/25903947
The answer is c
i hope that helped
Answer:
The correct answer is: monetary value of all final goods and services produced within the borders of a nation in a particular year.
Explanation:
GDP of a nation can be defined as the monetary value of all the goods and services that are produced within the geographical boundaries of the nation in a year.
The GDP does not include intermediate goods and services as it may lead to double counting. The reselling of objects is also not included.
It is used to measure the health of a nation's economy. It shows the level of economic activities in a nation. An increase in GDP means economic growth.
The main purpose of performance appraisal is to furnish feedback to organization members about how they can become more productive and useful to the organization in its quest for quality.
Therefore option C is correct
<h3>What is Performance appraisal?</h3>
Performance appraisal can be described as the periodic and systematic evaluation of the job performance of an employee and its subsequent documentation documented and evaluation in other to provide verifiable evidence to the management of an organization on the strengths and weaknesses of its employees.
The idea of performance appraisal should be viewed as a career enhancing prospect. Managers should endeavor to appraise their staff truthfully and honestly in other to bring about a healthy working environment.
Learn more about Performance appraisal at brainly.com/question/7595736
#SPJ1
Answer:
In this scenario, Creswell Farms is in the idea generation stage of the new product development process.
Explanation:
Idea generation stage refers to the stage which involves the creation, development, and communication of the ideas. The process involves the construction of the idea and transforming the concepts into reality. The initiation of a project begins with the generation of the idea generation stage. In the above case, the suggestions are provided which would help the business of the product. Hence, this refers to the idea generation stage.
