Assembling a project team and assigning their responsibilities are done during the project initiation phase of project management.
Project management is an important part of achieving an objective, and is relevant in all spheres, from businesses, to social work, to sports, and education. Projects have a definite time frame for completion and therefore a lifecycle. There are distinct phases in executing a project.
The first phase is the project initiation phase. Here, decisions on the need and significance of the project are taken. Feasibility, viability, and practicality are important. The project charter is drawn up, targets are set, and responsibilities are allocated.
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Answer:
$38,400
Explanation:
<em>1. Cash Purchases:</em>
The total purchases in the month of March is of $35,000.
It is given that 70% of Purchases are for cash.
Hence, 70% of $35,000 would be;
$39,000 x 0.70
$27,300
<em>2. Credit Purchases:
</em>
Remaining Balance of Purchases from the month of February:
For the month of February Cash Purchases can be calculated as follows;
$37,000 x 0.70
$25,900
Remaining Balance to be paid in March for the month of February can be calculated as follows;
$37,000 - $25,900
$11,100
<em>3. CASH PAYMENT for PURCHASES in MARCH:</em>
Cash Purchases = $27,300
Credit Purchases = $11,100
Hence;
<em>Cash Payment for purchases in March = Cash Purchases + Credit Purchases
</em>
Cash Payment for purchases in March = $27,300 + $11,100
Cash Payment for purchases in March = $38,400
A tenant remains in possession of the leased property after the expiration of the lease term, without paying rent and without the landlord's consent, the tenant's status is Holdover Tenancy
This is further explained below.
<h3>What is
Holdover Tenancy?</h3>
Generally, A holdover tenant is a renter who continues to occupy a rental property after their original lease has expired but does not sign a new lease for the space.
In conclusion, Holdover tenancy refers to the situation in which a tenant continues to occupy a rented property after the original lease period has ended
despite the fact that the renter is not responsible for paying rent and does not have the permission of the landlord.
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She should ask her friend if she is satisfied with it and how much it cost. There may be some drawback to it that is not outwardly notable which her friend can point out and if it is prohibitively expensive Emily needs to know that also, or her friend may know where to get it cheaper..
Answer:e. 17.34%
Explanation:
Profit margin shows how the activities of a firm or business activity are profitable by taking into accounts costs involved in producing and selling goods.
it can be calculate in three ways using the Gross profit margin formulae, Net Profit Margin formulae or the Operating margin formulae
Given
net sales = $773,000
net income = $134,000
Total assets of $7,714,260
We will use the Operating margin formulae which is the ratio of the Operating income to Revenue multiplied by 100
Profit margin =Operating income ( Net Income )/Revenue ( Net Sales) x 100
Profit margin = $134,000/$773,000 x 100
=0.173 x 100
=17.335 rounded to 1`7.34%