Answer:
The correct answer is letter "B": ROWE.
Explanation:
The Results-Only Work Environment (ROWE) is an organizational approach by which employees receive a payment based on the results obtained instead of the number of hours worked. The advantage of this system relies on empowering employees to work more independently since in most cases they will have to make the decisions concerning their duties while being at home.
However, the same situation could lead to workers' shirking. Not all workers will perform their duties as efficiently as each other. Besides, communication among employees and immediate supervisors might not be as good as in a regular office where people talk face-to-face.
The study that deals with the problem of how to allocate the world's scarce resources between the competing and unlimited wants and needs of people.
Answer: Option C
Explanation: In simple words, expenditures refers to the outflow of resources by an organisation for creating some service or good.
In the given case, the fund operated by the city of crescent billed them $30,000 and this outflow of money is made with the objective of providing support to the other departments.
Hence from the above we can conclude that this is an expenditure.
Answer:
Annual deposit = $326,265.88
Explanation:
<em>The amount to be set aside annually to accumulate $2.5 million in 7 years time ca n be worked out using the future value of an ordinary annuity formula.</em>
The formula is given as follows:
FV = A×( (1+r)^n - 1)/r).
A= FV/ ((1+r)^n - 1)/r
FV - Future value
A- annual deposit
n- number of years
r- rate of return
FV - $2.5 million
A- ?
n- 7
A=2,500,000 ÷ (1.03^7 - 1)/0.03 = 326,265.88
Annual deposit = $326,265.88
Answer: $80 million per year for 25 years
Explanation:
The option you should choose is one that will guarantee you the highest present value.
This means that you need to discount the annual payment of $80 million per year for 25 years to find the present value. As you did not include a rate, we shall assume a rate of 8% for reference purposes.
The annual payment is an annuity so the present value can be calculated by:
Present value of annuity = Annuity payment * Present value interest factor, rate, no. of years
= 80,000,000 * Present value interest factor, 8%, 25 years
= 80,000,000 * 10.6748
= $853,984,000
<em>The present value of the annual payment is more than the present value of the $850 million received today so the Annual payment should be taken. </em>