Answer:
$20,000
Explanation:
The problem simply asks for Eng's initial capital balance in Cor-Eng partnership and it is just Eng's <u>contributed cash of $2,000</u> to form the partnership.
No need to dwell on the other amounts. Just focus on what was being asked and you'll not get lost ^_^
Answer:
$70
Explanation:
The opportunity cost is the value in which the advantage is produced from the options available. The best gain is term as the opportunity cost
In the question, it is given that the offered price is $70 and the yesterday price is $30 which was paid which terms as a sunk cost. This cost is not useful for decision making as well as for computing the opportunity cost also
So, only $70 would be considered
Answer:
$366,287.15
Explanation:
Annual salary = $32000
No. of years (n) = 30 years
Increment in salary = $600
Deposit rate = 10%
Interest rate (r) = 7% or 0.07
Growth rate (g) = Increment in salary \div annual salary
Growth rate = $600 \ $32000
Growth rate = 0.01875
First deposit = $32000 x 10% = $3200
Future worth = [First deposit \ (r - g)] x [(1 + r)n - (1 + g)n]
Future worth = [$3200 \ (0.07 - 0.01875)] x [(1 + 0.07)30 - (1 + 0.01875)30]
Future worth = [$3200 \ 0.05125] x [(1.07)30 - (1.01875)30]
Future worth = $62439.0243902 x [7.6122550423 - 1.7459373366]
Future worth = $62439.0243902 x 5.8663177057
Future worth = $366287.15
Hence, the future worth at retirement is $366,287.15
Answer:
C) technical
Explanation:
One of the most important and critical issues that HRM are facing currently, is that technology is outpacing our ability to use it. And that applies to them also, that is why it is so critical for HRM to first develop technical skills, e.g. HR information software, social media handling, SQL and reporting, cloud technologies, etc.
Currently HRM deals more with improving efficiency of the organization's employees, and to be able to perform properly, HRM must dominate the avalanche of new technologies.
