Every organization has policies on equality and diversity. The organizational policies on equality and diversity impact the day to day activity in the workplace. An organization having a diverse workforce will be able to offer a variety of work skills, potential, ideas and energy. A well diverse workforce will make the organization a better place to work. Equality refers to equal opportunity in an organization irrespective of caste, creed, color, gender, etc.
Workplace policies in respect to equality and diversity allows smooth running of an organization and avoids any bias decisions based on any religion, gender, demography, etc.
When every employee has equal rights and equal chance to achieve their potential then the organization also grows well and success rate improves.
Answer:
Given:
Implicit Cost = $65,000
Total revenue = $150,000
Explicit cost = $85,000
Here, we'll compute the economic profit for the first year as :
<em>Economic profit = Total revenue - (Explicit cost + Implicit Cost)</em>
<em>Economic profit = </em>$150,000 - ($85,000 + $65,000)
<em>Economic profit = $0 </em>
<em></em>
<em>∴ </em><u><em>Tom’s economic profit for his first year in business will be $0</em></u>
<u><em>The correct option is (a).</em></u>
Answer:
If Morocco produces 120 belts and exports 70 belts:
- it will receive 105 swords (= 70 x 1.5)
- it will consume 50 belts (its domestic consumption of belts will decrease by 10)
Explanation:
Without trade, Morocco will produce 60 swords and 60 belts and consume them all, but if it engages in trade, it will produce 120 belts.
- Morocco's opportunity cost of producing one belt = 60 / 60 = <u>1</u>
- Morocco's opportunity cost of producing one sword = 60 / 60 = 1
- Estonia's opportunity cost of producing one belt = 100 / 40 = 2.5
- Estonia's opportunity cost of producing one sword = 40 / 100 = <u>0.25</u>
If Morocco produces 120 belts and keeps current consumption level:
- it consumes 60 belts
- it can trade 40 belts for 60 swords
- it will have a 20 belt surplus production
If Morocco produces 120 belts and exports 70 belts:
- it will receive 105 swords (= 70 x 1.5)
- it will consume 50 belts
Answer:
$1,729,098
Explanation:
Given that,
EBIT = $377,000
No debt.
Cost of equity = 13.3 percent
Tax rate = 39 percent
Value of issuing bonds at par = $2.7 million
Coupon rate = 6.5%
Therefore,
Unlevered value of the firm:
= [EBIT × (1 - Tax rate)] ÷ Cost of equity
= [$377,000 × (1 - 0.39)] ÷ 0.133
= $229,970 ÷ 0.133
= $1,729,098
Answer:
The amount to be invested today is $3604.78
Explanation:
This is a case of an ordinary annuity,to calculate the present value, the below formula is made used of:
PV=A*(1-1/(1+r)^N)/r
A is the annuity payment of $1000 for 5 years
r is the rate of return on the annuity of 12%
N is the duration of the annuity payment , that is 5years
PV=$1000*(1-1/(1+12%)^5)/12%
PV=$3604.78
In essence, in order to receive $1000 every year starting a year today for 5 years, the sum of $3604.78 must be deposited today at rate of return of 12% per year.
The amount required would be been different if the first payment of $1000 is due today
