Answer:
Option (A) $750
Explanation:
Data provided in the question:
Principle amount i.e the amount deposited = $2,500
Interest rate = 6% = 0.06
Time = 5 years
Now,
The formula for the Simple interest is given as:
Interest = Principle × Rate of interest × Time
Thus,
Interest = $2,500 × 0.06 × 5
or
Interest = $750
Hence,
Option (A) $750
Answer:
false
Explanation:
For successful IT managers, IT knowledge is not only the skills that need to be inherited but skills like communication, organizational and negotiation skills are must also.
other skills other than IT is also play a very important role in the growth of an individual.
communication skills help to developed interpersonal skills. A good communicator is a good influencer and good motivator thus individual having good communication can help and guide their subordinate to bring the positive results
Answer:
C)
In order to use the Cost-Benefit Principle correctly we need to compare the marginal benefit of the new spending, which is $25 million, with the marginal cost of the new spending, which is $50 million. This new spending makes no economic sense.
Explanation:
The cost-benefit principle in accounting states that the additional benefit must outweigh additional cost in an accounting system.
Spending of $250 million is giving $400 million revenue. The new proposal of spending $300 million to get $425 million implies we are spending extra $50 million to make extra $25 million.
This is not a good investment according to the cost-benefit principle.
Answer:
1.0
Explanation:
Benefit-cost ratio BCR can be expressed in monetary or qualitative terms. It presents the relationship between the relative costs and benefits of a proposed project.
If a project has a BCR greater than 1.0, the project is expected to be attractiveto a firm and its investors.
If a project's BCR is less than 1.0, the project's costs outweigh the benefits, and it should not be considered because it is unattractive.
