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SVETLANKA909090 [29]
3 years ago
6

The office memo read as follows: “there is a mandatory meeting at 3:00 PM on Thursday. The new sales numb The office memo read a

s follows: “there is a mandatory meeting at 3:00 PM on Thursday. The new sales numers Will be covered in detail, and then the appropriate permissions will be announced. What is the key idea of this passage?
Business
2 answers:
UNO [17]3 years ago
8 0
A Memorandum<span> is a document typically used for communication within the organization.</span><span>

The key idea of this passage is that the m</span>eetings are mandatory at 3:00 pm.
Galina-37 [17]3 years ago
7 0

Explanation:

The memo says that there will be a meeting at 3:00 PM which is mandatory to attend and the new sales figures will be discussed and appropriate permissions will be taken. So the key idea of this statement is that the meeting which is going to happen is regarding the new sales figures that came in hand, and they will be covered in detail and certain permissions will be taken from the management to better meet the goals in future. There might be some downfall in the sales which provoked a mandatory meeting to be attended by everyone and sales figures will be discussed to might give proper knowledge about the Sales of a specific period.

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Beta LLC has decided to change its promotion and pay policies for technical people who do not wish to become managers. This will
daser333 [38]

According to the comprehensive approach to change, the step of the change process that Beta LLC is operating in is <u>recognizing the need for change</u>.

<h3>What are the steps of the change process?</h3>

The change process involves the following steps:

  1. Diagnosing the problem
  2. Assessing the motivation or need and capacity for change
  3. Assessing the resources and motivation of the change agent
  4. Establishing change objectives and strategies
  5. Determining the role of the change agent
  6. Implementing the changes.

Thus, according to the comprehensive approach to change, the step of the change process that Beta LLC is operating in is <u>recognizing the need for change</u>.

Learn more about the steps of the change process at brainly.com/question/5689601

3 0
2 years ago
When borrowing money to purchase a new car, the LEAST expensive option would be to .... A. get a cash advance from their credit
djverab [1.8K]
I think the answer is C
6 0
3 years ago
an investor currently has 40,000 portfolio 40% of which is invested in bonds the investor wishes to add funds to the portfolio b
Marina86 [1]

Answer:

The value of the bonds that the investor should purchase=$10,000

Explanation:

<em>Step 1: Determine current value of portfolio and bonds</em>

Current value of portfolio=$40,000

Current value of bonds=40% of 40,000

Current value of bonds=(40/100)×40,000=$16,000

<em>Step 2: Final value of bonds and portfolio</em>

Final value of bonds=current value of bonds+added value of bonds

where;

current value of bonds=16,000

added value of bonds=X

replacing;

Final value of bonds=16,000+X

Final value of portfolio=current value of portfolio+added value of bonds

where;

current value of portfolio=40,000

added value of bonds=X

replacing;

Final value of portfolio=40,000+X

<em>Step 3: Solve for X</em>

Using the expression;

Proportion of bonds=(final value of bonds/final value of portfolio)×100

where;

proportion of bonds=52%

final value of bonds=16,000+X

final value of portfolio=40,000+X

replacing;

(52/100)=(16,000+X)/(40,000+X)

0.52=(16,000+X)/(40,000+X)

0.52(40,000+X)=16,000+X

20,800+0.52 X=16,000+X

(X-0.52 X)=20,800-16,000

0.48 X=4,800

X=4,800/0.48=10,000

The value of the bonds that the investor should purchase=$10,000

8 0
3 years ago
If total deposits in bank A total $15 million and the required-reserve ratio is 10 percent, than excess reserves equal:_______
victus00 [196]

Answer:

$13.5 million  

Explanation:

Fractional Banking System- This is banking system where banks are required by the central banking authority to keep a certain percentage of their total deposit as the minimum reserve which they cannot lend out.

The idea behind this requirement is to help manage liquidity risk- a situation where a bank does not have enough cash to meet its deposit customers demand.

Required-reserve ratio: The minimum percentage that banks are required to keep as reserve is known as the required-reserve ratio. In this question, it is given as 10%. Multiply this ratio by the total deposit and you will get the required reserve in dollar amount.

Therefore the required reserve for this bank = 10% ×$15 million= $1.5 million

Excess reserve; Excess reserve is the balance of the total deposit over and above the required reserve. The bank can lend and create loan asset from this balance.

It is calculated as = Total deposit - Required reserve

So we apply this to our question

        Excess reserve = $15 million - (10% × $15 million)

                               = $15 million - $1.5 million

                              = $13.5 million

7 0
3 years ago
You Just won a prize that will pay you $800 today and $500 a year for the next three years. Which is the correct formula for com
kow [346]

Answer:

The correct answer is PV = $800 + $500/1.06 + $500/1.062 + $500/1.06^3

Explanation:

Solution

Given that:

A price was wan by you today at =$800

For the next three years =$500 a year

Now

We compute for the present value of today at 6%

Thus

Present value (PV) = $800 + $500/1.06 + $500/1.062 + $500/1.063

Because $800 is receivable today, its present value is equal to $800,

So,

500 receivable after a year will be divided by 1.06

PV = $800 + $500/1.06 + $500/1.062 + $500/1.06^3

Therefore the right formula for computing the present value as of today at 6 percent is PV = $800 + $500/1.06 + $500/1.062 + $500/1.06^3

4 0
3 years ago
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