Answer:
on the job training.
Explanation:
This is a modern version of an apprentice learning how to work from a master craftsman.
Before when Universities or technical colleges didn't exist, experienced craftsmen had apprentices that helped them do their work and at the same time learned how to perform the tasks.
The modern version, called on the job training, is a similar hands on learning method where an experienced employee teaches new employees the skills, knowledge, and competencies that are required to perform certain tasks correctly.
Answer and Explanation:
The computation is shown below:
First we have to find the present value based on monthly payment i.e. to be determined by using the present value formula and the same is to be shown in the attachment
Given that,
Future value = $0
Rate of interest = 7% ÷ 12 months = 0.58333%
NPER = 5 years × 12 months = 60 months
PMT = $1,910
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after applying the above formula, the present value is $96,458.90
As it can be seen than the lumpsum amount i.e. $92,000 is less than the monthly payment present value so here the lumpsum option should be chosen.
Clearer question;
Tom, who owns a successful business with two locations and a few international clients, was approached by a large organization about dramatically expanding his company. Tom later told his wife that he is happy with his success, but he wants to stay small because if he decides to add new products, small companies ____.
Answer:
<u>3. can get started more easily and maneuver faster</u>
Explanation:
Remember, a small company is officially viewed as one having less than 500 employees.
So, Tom's business qualifies as such, and it is quite true to a large degree that small companies can get started more easily and maneuver faster since they require less staff management.
Answer:
$2,765,000
Explanation:
Calculation to determine what amount of cost of goods sold did ABC record in 20X8 prior to consolidation
Cost of goods sold= $79 each* 35,000
Cost of goods sold=$2,765,000
Therefore the amount of cost of goods sold that ABC record in 20X8 prior to consolidation is $2,765,000
