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Ierofanga [76]
4 years ago
11

What is not an example of money?

Business
1 answer:
melamori03 [73]4 years ago
7 0
B. credit because credit is just how well you pay bills
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What is a significant factor to consider when marketing a business in the hospitality and tourism industry?
EastWind [94]

Answer:

A

Explanation:

In the hospitality business you would be focusing on the customers needs first. Therefore you would try and accept the form of payment that is easiest for them.

3 0
3 years ago
What is the appropriate accounting treatment for the value assigned to in-process research and development acquired in a busines
Vera_Pavlovna [14]

Answer:

Capitalize as an asset.

Explanation:

6 0
3 years ago
Read 2 more answers
g Suppose you have a possible investment that costs $100 today but, starting one year from now, pays $5 in some years with proba
Goryan [66]

Answer:

Expected NPV=$666.67

Explanation:

Initial Cost=$100

NPV in case cash inflow is $5=-100+5/1%=$400

NPV in case cash inflow is $8=-100+8/1%=$700

NPV in case cash inflow is $10=-100+10/1%=$900

Expected NPV=(1/3)*400+(1/3)*700+(1/3)*900=$666.67

5 0
4 years ago
What comprises the features of an organization is not universally agreed upon, but most authorities believe that there are a sma
max2010maxim [7]

Answer:

This question is about Schien's common elements of an organization. Schien proposed four common elements of an organization.

The explanation of this question is given below in the explanation section.

Explanation:

Schein's four common elements of an organization include common purpose, coordinated effort, division of labor, and hierarchy of authority.

In this question, it is asked to identify these four common elements of an organization and some other terms related to the management of an organization.

(d) Common Purpose:

An organization without a clear purpose or mission soon begins to drift and become disorganized. Because a common purpose unifies members or employees and gives everyone an understanding of the organization’s direction and about its objectives. To communicate the common purpose across organizations is the responsibility of central management and central tasks for managers. Managers communicate this common purpose by educating all employees on general strategy, values, mission statement, and short and long term objectives of the organization.

(e) Coordinated effort: Individuals do make a difference, but they cannot do everything themselves. It involves working together in a way that maximizes the resources of an organization and achieving tasks and objectives effectively. The common purpose of coordinated effort is to achieve the objectives of the organization through the coordinated effort of all groups and individuals within an organization.

(f). Division of Labor: This results in great efficiency.

The division of labor is also known as work specification for greater efficiency. It involves dividing tasks among people and groups of an organization according to their best skill set. By systematically dividing complex tasks of achieving a particular objective into specialized jobs, an organization uses its human resources more efficiently.

(g). Hierarchy of authority: Without the right to direct the work of others, there is no coordination of effort. It is the control mechanism for making sure the right people do the right things at the right time in organization.

(h). Organizational Structure: This is linked with whether the structure is taller or flatter. Taller or vertical structure in an organization like one CEO directing the organization according to his best capabilities while flatter or horizontal structure of organization, involves fewer levels of management and more employee autonomy in the decision-making process.

(i) Manager responsibility: This has to do with having the rights associated with managerial tasks

(j)  Top Management: Top management is responsible for making important decisions in the organization.

4 0
3 years ago
) A homeowner is considering putting solar panels on the roof of his house. The installed cost of putting 3 kW of solar panels i
mote1985 [20]

Answer:

a) If the homeowner has the $6000 available for the project, what would the cost of electricity from the power company need to be greater than ($/kW-hr) to make the project viable if other investments are providing 8% interest. ($0.0545/kW-hr)

we can use the present value of an annuity formula:

PV = monthly savings x annuity factor

  • PV = $6,000
  • Annuity factor, 300 periods, 0.6667% = 129.52005

monthly savings = $6,000 / 129.52005 = $46.3249

price of kW-hr = $46.3249 / 850 = $0.054499851 ≈ $0.0545

b) If the homeowner had to borrow the $6000 from the bank at 5% interest for 10 years (monthly payments) what would the cost of electricity need to be greater than in $/kWhr from the power company to make the project viable if other investments are providing 8% interest. ($0.0476/kW-hr)

the monthly payment to cover the loan = PV / annuity factor

  • PV = $6,000
  • Annuity factor, 120 periods, 0.4167% = 94.28033

monthly payment = $6,000 / 94.28033 = $63.64

price of kW-hr = $63.64 / 850 = $0.074870588 ≈ $0.0749

4 0
4 years ago
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