Answer:
3.52 years
Explanation:
In the payback, we analyze in how many years the invested amount is recovered. The computation is shown below:
In year 0 = $1,100
In year 1 = $300
In year 2 = $310
In year 3 = $320
In year 4 = $330
In year 5 = $340
If we sum the first 3 year cash inflows than it would be $930
Now we deduct the $930 from the $1,100 , so the amount would be $170 as if we added the fourth year cash inflow so the total amount exceed to the initial investment. So, we deduct it
And, the next year cash inflow is $320
So, the payback period equal to
= 3 years + ($170 ÷ $330)
= 3.52 years
In 3.52 years, the invested amount is recovered.
Answer:
The advantages of using secondary data are several, but its main advantage is that it is the cheapest way to gather large sets of information. A lot of secondary data is available on the internet, so it is time saving. Using secondary data saves work, efforts and money.
We can also use secondary data to determine more specifically which primary data we need to gather, again saving resources.
Answer:
The RR may change the account number on the order ticket to correct number if the branch manager so agrees and provides in written.
Explanation:
In the given case, we know that when the customer buys shares he provides all the details as Name, Address, Contact Details, mail id, etc:
Now when the account number do not match as to the original of the customer, she the registered representative shall confirm to the original information and if the customer is same the details if any which are not correct shall be changed in records if the branch manager so agree.
As this is beneficial to the both the branch manager and the customer.
Answer:
Using the weighted average method, the Equivalent units for material is:
= Units completed and transferred out + Equivalent closing material
= 375,000 + (97,000 units * 80% complete with respect to materials)
= 375,000 + 77,600
= 452,600 units
Equivalent units for conversion:
= Units completed and transferred out + Equivalent closing units with respect to conversion
= 375,000 + (97,000 * 30%)
= 375,000 + 29,100
= 404,100 units
Answer:
d. Enablers
Explanation:
This is a manager that will not micromanage things, as long as the employees follow the requirements(this is where the phrase comes on).
For example, in the NFL, Bill Bellichick may call the plays, but also let Tom Brady audible(change the play) at the line of scrimmage. This enables his players.
So the correct answer is:
d. Enablers