How to calculate Open-to-buy:
Open-to-buy = planned purchases - (orders received + merchandise ordered)
Planned purchases = $2,500
Received orders = $1,200
Ordered merchandise = $700
Open-to-buy = $2,500 - ($1,200 + $700)
Open-to-buy = $2,500 - $1,900
Open-to-buy = $600
Answer:
Check the explanation as follows.
Explanation:
a) If it is invested in US
Current= $40 million
Interest rate= 0.28% p.m
Interest for 1 month= $40 million*0.28%= $0.112 million
Interest for 3 months= $0.112*3= $0.336 million
Total value after 3 months= $40 million+$0.336 million = $40336000.
b) If it is invested in Great Britain.
Convert $40 million into Pounds= $40 million*0.639 = Pound 25.56 million
Ivest in Great Britain for 3 months @ 0.32%
Interest per month= 25.56 million*0.32% *3 = 0.245376
Total Pounds after 3 months= Pound 25.805376
Convert into $= 25.805376/0.642 = $40195289.7156
Value if invested in great britain= $40195289.7156
Answer:
Employees frequently complain about the inconsistent assistance they receive from the HR department due to its large size.
Explanation:
Having a specialized, embedded HR unit is beneficial to each, specific unit, as HR would cater to every department and its special needs. On the contrary, centralized HR tends to give inconsistent help, as they always assign a different person or team when a problem arises.
So, if the employees complained that they cannot receive adequate help from the centralized HR, it would be wise to do what Roberta suggested.
<span>It should be laid out like this example:(November 10, 2015)</span>
Answer:
b. mortgage backed securities diversify credit risk for the investor.
Explanation:
An investor, such as a bank, may prefer to invest in securities backed by a pool of mortgages purchased in the secondary market rather than in an equal dollar amount of mortgage loans because <u>mortgage backed securities diversify credit risk for the investor.</u>
In Mortgage Backed Securities, credit risk is diversified as there are many borrowers and investors between whom credit risk diversifies. So that makes investor such as bank prefer the option.
