Answer:
Profit, in accounting, is an income distributed to the owner in a profitable market production process (business). Profit is a measure of profitability which is the owner's major interest in the income-formation process of market production. There are several profit measures in common use.
Income formation in market production is always a balance between income generation and income distribution. The income generated is always distributed to the stakeholders of production as economic value within the review period. The profit is the share of income formation the owner is able to keep to themselves in the income distribution process. Profit is one of the major sources of economic well-being because it means incomes and opportunities to develop production. The words "income", "profit" and "earnings" are synonyms in this context.
Answer:
Explanation:
Any goal it's your opinion to be a successful person. Just never give then you will get it.
Answer:
C encourage employee participation while setting goals.
Explanation:
Goals are ideas in which an individual or group of people or organization aim to achieve within a stipulated time.
While top managements of organizations are saddled with the responsibility of setting goals and cascaded to lower managers and subsequently junior employees, it is now essential that employees are encouraged to participate in these goal settings.
By involving employees in goal settings, there would be increase in goals commitment thereby leading to dedication amongst employees and subsequently results to attainment of such goals.
Answer:
$3,860 will be needed to put into a tax-deferred retirement account every year if you plan on retiring in 40 years
Explanation:
Use Following formula to calculate the monthly payment required.
FV = P x [ ( ( 1 + r )^n ) - 1 ) / r ]
FV = Future Value = $1,000,000
R = RATE OF RETURN = 8%
N = NUMBER OF YEARS = 40 YEARS
P = Monthly Payment
$1,000,000 = P x [ ( ( 1 + 0.08 )^40 ) - 1 ) / 0.08 ]
$1,000,000 = P x [ ( ( 1.08 )^40 ) - 1 ) / 0.08 ]
$1,000,000 = P x 259.06
P = $1,000,000 / 259.06
P = $3,860.16
