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uysha [10]
3 years ago
10

You dream of endowing a chair in finance at the local university that will provide a salary of $250,000 per year forever, with t

he first cash flow to be one year from today. If the university promises to invest the money at a rate of 4% per year, how much money must you give the university today to make your dream a reality?
Business
1 answer:
mylen [45]3 years ago
3 0

Answer:

$6,250,000

Explanation:

Data provided in the question

Salary per year = $250,000

Rate of interest = 4% per year

So by considering the above information, the amount given today should be equal to

= Salary per year ÷ Rate of interest

= $250,000 ÷ 4%

= $6,250,000

By dividing the salary with the rate of interest we can get the amount that has to be given today

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___________ is the senior-most executive in the enterprise responsible for IT vision and leadership for IT initiatives.
Oksanka [162]

Answer:

chief information officer

Explanation:

Chief information officer (CIO) is an executive job title commonly given to the person at an enterprise in charge of information technology (IT) strategy and the computer systems required to support the organization's unique objectives and goals.

7 0
3 years ago
Washington, Inc. produces two different products (Product C and Product 2) using two different activities: Machining, which uses
mariarad [96]

Answer:

  =  $622.42 per inspection

Explanation:

<em>Under activity-based costing method, overheads are charged to units produced using cost drivers unlike the traditional absorption costing where overhead are charged using volume-related bases only like direct labour hours.</em>

<em>Cost drivers are the most important factors that cause a change in the amount of overhead incurred. For example, an appropriate cost driver for ordering cost would be the number of orders processed. And this would be used to charged overhead among the products responsible for the overheads</em>

<em>Overheads Activity rate = Activity overhead / number of cost drivers</em>

Activity rate for inspection = inspection cost/ Total number of batches

    =  $41,080/ (47+17) batches

  =  $622.42 per inspection

5 0
3 years ago
As a leader, some of your toughest challenges will arise when people do not want to do what has to be done. leaders have to impr
dlinn [17]
The answer leader ship skills
6 0
3 years ago
Do you think a person should be fired if it is found that he or she helped employees cheat their company out of overtime once in
Rainbow [258]
Yes I think there would be grounds for firing if an employee helped his fellow employees cheat on overtime. Relations between the employee and the company should be based on a fair day's work for a fair day's pay and pay should only be based on the hours actually worked. If there is any dispute over pay or time off for overtime it needs to be discussed openly with the employee's supervisor.
7 0
3 years ago
Since the middle of the 20th century, the international global business system has been shaped by global institutions. Countries
Kipish [7]

Missing Part of Question:

The question was missing information. Luckily, I found the question on the internet and I am attaching it here for ease of understanding.

<h2>Answer:</h2>

In the order of the functions:

1. Bretton Woods Institutions

2. UN

3. GATT

4. WTO

5. GTO or G20

<h2>Explanation:</h2>

1. The Bretton Woods Institutions are the World Bank and the International Monetary Fund (IMF).

2. The United Nations is an intergovernmental organization with an objective of maintaining international peace and security.

3. The General Agreement on Tariffs and Trade (GATT) is a treaty between many countries. Its aim is to promote international trade by reducing or eliminating trade barriers like quotas or tariffs.

4. The World Trade Organization is also an intergovernmental organization. Its function is the regulation of international trade among nations.

5. The G20 (i.e. The Group of 20) is an international forum for the governments and central bank governors consisting of 19 countries and the European Union (EU). It focuses on the promotion of international financial stability.

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