Answer:
$117,600
Explanation:
Boxes of Frosted Flakes ×Estimate of Box Tops to be redeemed
1,344,000×60%= 806,000
806,000- 630,000 (Box Tops redeemed) =176,400
Estimate of Box Tops left to be received /Number of Box Tops Needed per bowl
176,400/3= 58,800 Total bowls estimated to be sent to customers in future
58,800 x 2.00 (The Cost of bowls to company was $3 while the cash to be received from customer was $1)
= $117,600 Which will be the total premium liability to be recorded.
Answer:
Centralized production processing facility considers top management as the apex of decision making.
In decentralized production processing the decision making is delegated to teams and multiple individuals.
Explanation:
Centralized facility:
Pros:
a. In centralized facility top management commitment helps in improved decision making
b. Allocation of budgets to improve production processes.
c. The process becomes a part of strategic planning.
d. Standardization of processes like Mcdonalds kitchen.
e. Lower costs
f. Better forecasting
Cons:
a. Lack of flexibility
b. In case of international chains customers may be dissatisfied with standardized procedures
c. No room for customization
Decentralized Facility:
Pros:
a. Flexibility
b. Customer oriented approach
c. lack of bureaucratic procedure
d. quick decision making
Cons:
a. No standardization
b. Every Team has its own benchmarking process to evaluate performance.
c. Costly
d. Planning, budgeting and forecasting is effected adversely.
Answer:
This problem assumed a zero maturity risk premium, but that is probably not valid in the real world.
Explanation:
Consider the following definition
Maturity risk premium determines a bond’s price. Other risks include the chance that the bond issuer will fail to make its payments and the risk that you won’t be able to quickly find a buyer for the bond when you want to sell it, forcing you to lower your asking price.
Answer:
$57,925
Explanation:
n = 8 years
i/r = 6.5%/year
PV = $35,000
The amount in 10 years (FV) = 35,000 x (1+0.065)^8 = $57,925
Answer:
Underemployed.
Explanation:
This is basically explained as not having enough payed job or working part time; it is also explained to not be usually able to maximize your skills or bring the best in you in the nearest future. In some cases it is a situation of insufficient employment pattern towards a skilled man or a worker in any field that is been presented as the case may be.
This can be seen in a part-time job despite having a burning passion for full time work, and also over-qualification.
