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3 years ago

A company that is organized by both product and function is using ________ organization.

2 answers:

8 0

A company that is organized by both product and function is using matrix organization. To give you a better understanding of what a matrix organization is all about- it is a company structure, by the name itself, "matrix" or the use of the grid in reporting relationships. This is basically represented with the use of matrix or grid and not the traditional hierarchy in most companies. An employee must have two reporting relationships to both the product and function manager or department.

Dmitriy789 [7]3 years ago

8 0

The answer is matrix.

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What is the present value of a perpetuity that pays you annual, end-of-year payments of $950? Use a nominal rate (monthly compou

nasty-shy [4]

Answer:

PV= $12,242.27

Explanation:

Giving the following information:

Cf= 950

Nominal interest= 0.0750 monthly compounded

First, we need to determine the real interest rate:

Monthly interest rate= 0.075/12= 0.0625

Real annual rate= (1.00625^12) - 1= 0.0776

Now, we can calculate the present value using the following formula:

PV= Cf/ i

PV= 950/0.0776

PV= $12,242.27

7 0

2 years ago

Read 2 more answers

Peter wishes to create a retirement fund from which he can draw when he retires and the same amount at each anniversary of his r

uranmaximum [27]

Answer:

$65,742.60

Explanation:

Note: The full question is "Peter wishes to create a retirement fund from which he can draw $20,000 when he retires and the same amount at each anniversary of his retirement for 10 years. He plans to retire 20 years from now. What investment need he make today if he can get a return of 5% per year, com- pounded annually?"

At first, we need to find the PV of withdrawals and there are 11 withdrawals starting 20 years from now.

PV = PMT/r * 1 - 1/(1+r)^n. This formula gives the PV one period before the first withdrawal. That is 19 years from now because the first withdrawal is 20 years from now.

PMT = 20,000, n = 11,

r = 0.05

PV19 = 20,000/0.05 * [1 - 1/(1+0.05)^11]

PV19 = 400,000 * 0.4153207109

PV19 = 166,128.28436

Now, we need to discount this back to toda

PV0 = PV19/(1 + r)^n; n = 19, r = 0.05

PV0 = 166,128.28436/(1 + 0.05)^1

PV0 = $65,742.6033421702

PV0 = $65,742.60

So, Peter needs to make $65,742.60 today.

3 0

2 years ago

Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps bank

Mamont248 [21]

Complete Question: Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps the banks to ________.

A) reduce the rate of customer defection

B) make low-profit customers more profitable

C) enhance the growth potential for each customer through cross-selling

D) increase the longevity of the customer relationship

E) focus disproportionate effort on high-value customers

Answer:

B) make low-profit customers more profitable

Explanation:

Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps the banks to make low profit customers more profitable.

The basic logic behind this strategy is that when customers find something coming free, then they start taking it for granted, they don't pay much attention to it, therefore, when the some services are free, customers will not be spending much on them, like upgrading, monthly plan up-gradations, monthly or annual subscriptions. Consequently, to turn the those customers into highly valuable customers, companies charge for the services which were free of cost in the past.

3 0

3 years ago

A computer manufacturer sells laptops to retail stores for $450 each. If the manufacturer pays $200 for all of the components in

a_sh-v [17]

Answer:

The answer is $75

Explanation:

The formula to reach out value addition is

Value Addition=Sales Value-Cost of manufacture or input added

In our Case

Sales Price=$450

Cost of Manufacture or Input=200+75=$275

So by entering above numbers in Value Addition formula we get

Value Addition=$450-$275

Value Addition=$175

5 0

2 years ago

May 24 Sold merchandise on account to Old Town Cafe $18,450. The cost of goods sold was $11,000.

zubka84 [21]

Answer:

Date General Ledger Debit Credit

May 24 Accounts Receivable-Old Town Café $18,450

Sales $18,450

Cost of goods sold $11,000

Inventory $11,000

Sept. 30 Cash $6,000

Allowance for Doubtful Accounts $12,450

Accounts Receivable-Old Town Cafe $18,450

Dec. 7 Accounts Receivable-Old Town Cafe $12,450

Allowance for Doubtful Accounts $12,450

Cash $12,450

Accounts Receivable-Old Town Cafe $12,450

7 0

2 years ago