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4 years ago

Define the term partnership as a type of business

1 answer:

6 0

Definition: A legal form of business operation between two or more individuals who share management and profits. The federal government recognizes several types of partnerships. The two most common are general and limited partnerships. ... A limited partnership has both general and limited partners

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In the global arena, the use of corporate codes of conduct to address labor issues is a lot like the use of ____________________

Whitepunk [10]

Answer: Option (D)

Explanation:

Human resource management is referred to as the terminology which is used in order to elaborate the strategic proposal to compelling management of the individual in an organization so as these individual assists the organization to gain an advantage. It is known to be constructed in order to maximize the individuals performance.

3 0

4 years ago

Larson Lumber makes annual deposits of $500 at 6% compounded annually for 3 years. What is the future value of these deposits?

Oliga [24]

Answer: $‭1,591.8‬0

Explanation:

This is an annuity as the deposits are constant.

The Future value of an annuity is;

= Annuity * Future value interest factor of annuity, 6% , 3 years

= 500 * 3.1836

= $‭1,591.8‬0

6 0

3 years ago

The average management fee for all mutual funds is:

polet [3.4K]

The best choice is C, 0.50% to 1.25%, because they are only allowed to do roughly about 1% on mutual funds by state requirements and laws in the United States and other major economic groups. This interval is best because A is insanely low on mutual funds and would make the nation impossible to sustain itself, B is a bit too low, and D is absurdly high because 2.50% is a violation. Found this helpful? Give it a Brainiest Award.

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3 years ago

A 22-year-old college graduate just got a job in Nashville. She is considering buying a house with a $200,000 mortgage. The APR

Sloan [31]

Answer:

$16,394.26

Explanation:

using a loan calculator we can determine the amount of interest paid in both loans:

n = 30 years n = 30 years

principal = $200,000 principal = $200,000

APR = 4% APR = 3.6%

monthly payment = $954.83 monthly payment = $909.29

total interest paid = $143,739.01 total interest paid = $127,344.65

the difference in total interest paid between both loans = $143,739.01 - $127,344.65 = $16,394.26

the difference in monthly payment between both loans = $954.83 - $909.29 = $45.54

8 0

3 years ago

Suppose the spot exchange rate for the Hungarian forint is HUF 203.86. The inflation rate in the United States will be 1.2 perce

Goryan [66]

Answer:

(1) Exchange Rate in 1 year = HUF 209.90 / $ (2)Exchange Rate in 2 years = HUF 216.12 / $ (3)Exchange Rate in 5 years = HUF 235.92 / $

Explanation:

Solution

Given that:

The Spot Rate = HUF 203.86 /$

This implies that 1 dollar is equivalent to 203.86 Hungarian Forint

Now

(1) The exchange rate in one year

The Purchasing power parity equation is shown below:

Thus

E(S1) / S0 = (1 + RA) / (1 + RB)

Here

E(S1) = Expected Spot Rate of Year 1

S0 = Current Spot Rate - 203.86

RA = Inflation Rate in Hungary - 4.2%

RB = Inflation Rate in United States - 1.2%

Hence

The Exchange Rate in 1 year will be :

E(S1) / S0 = (1 + RA) / (1 + RB)

E(S1) / 203.86 = (1 + 0.042) / (1 + 0.012)

E(S1) / 203.86 = 1.042 / 1.012

E(S1) = (1.042 * 203.86) / 1.012

E(S1) = 209.90

Exchange Rate in 1 year is HUF 209.90 / $

(2)The exchange rate in 2 years

Thus

E(S2) / S1 = (1 + RA) / (1 + RB)

E(S2) = Expected Spot Rate of Year 2

S1 = Spot Rate of Year 1 - 209.90

RA = Inflation Rate in Hungary - 4.2%

RB = Inflation Rate in United States - 1.2%

Hence

The exchange rate in 2 years is HUF 216.12 / $

(3) Exchange Rate in 5 years

The first step here is to compute the expected spot rate of year 3 and year 4 respectively

So,

E(S3) / S2 = (1 + RA) / (1 + RB)

E(S3) = Expected Spot Rate of Year 3

S2 = Spot Rate of Year 2 - 216.12

RA = Inflation Rate in Hungary - 4.2%

RB = Inflation Rate in United States - 1.2%

E(S3) = (216.12 * 1.042) / 1.012

E(S3) = 222.53

E(S4) / S3 = (1 + RA) / (1 + RB)

Now

E(S4) = Expected Spot Rate of Year 4

S3 = Spot Rate of Year 3 - 222.53

RA = Inflation Rate in Hungary - 4.2%

RB = Inflation Rate in United States - 1.2%

E(S4) = (222.53 * 1.042) / 1.012

E(S4) = 229.13

Thus

The exchange rate in year 5 is given below:

E(S5) / S4 = (1 + RA) / (1 + RB)

E(S5) = Expected Spot Rate of Year 5

S4 = Spot Rate of Year 4 - 229.13

RA = Inflation Rate in Hungary - 4.2%

RB = Inflation Rate in United States - 1.2%?

E(S5) = (229.13 * 1.042) / 1.012

E(S5) = 235.92

Therefore the exchange rate in 5 years is HUF 235.92 / $

6 0

4 years ago