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fenix001 [56]
3 years ago
5

Loree manages the service desk and makes routine decisions related to customer refunds and merchandise returns. Loree also overs

ees the daily tasks of the cashiers and front desk employees. Loree is a __________
Business
1 answer:
DaniilM [7]3 years ago
6 0

Answer: First line manager

Explanation: These are the managers who have direct authority over the workers working in the organisation. The task performed by such managers are usually supervisory or foremanship etc.

In the given case, Loree works at the service desk and also supervises and monitors the daily tasks performed by workers such as cashier and other front desk employees. Thus, we conclude that Loree is a first line manager.

You might be interested in
An investor purchases one municipal bond and one corporate bond that pay rates of return of 7% and 8.4%, respectively. If the in
balandron [24]

Answer:

  • After-Tax return on Municipal Bond = 7%
  • After-Tax Return on Corporate Bond = 6.72%

Explanation:

The main advantage that Municipal Bonds usually carry with them is that they are tax-exempt. As no taxes are paid on them, there is no need to calculate an after-tax return because it is the same as a pre-tax return.

After-Tax return on Municipal Bond = 7%

The Corporate Bond is subject to tax based on the holder's tax bracket.

After-Tax Return on Corporate Bond = 8.4 % * ( 1 - 20%)

After-Tax Return on Corporate Bond = 6.72%

<em>Considering taxes, the Municipal Bond is better. </em>

6 0
3 years ago
In companies that do not use a self-imposed budgeting process, profit targets are generally set by ______
Alja [10]

Answer: Top Manager

Explanation:

6 0
2 years ago
What is the approximate yield to maturity and the exact yield to maturity (use a calculator) for the $1,000 semi-annual bond? As
bagirrra123 [75]

Answer:

6.67% and 6.694%

Explanation:

The computation of the approximate yield to maturity and the exact yield to maturity is shown below:

For Approximate yield to maturity it is

= 2 × ((Face value - current price) ÷ (2 × time period) + face value × coupon rate ÷ 2) ÷ (Face value + current price) ÷ 2)

=2 × (($1,000 - $950) ÷ (2 × 10) + $1,000 × 6% ÷ 2) ÷ (($1,000 + $950) ÷ 2)

= 6.67%

Now

the Exact yield to maturity is

= RATE(NPER,PMT,-PV,FV)

= RATE (10 × 2, 6% × $1000 ÷ 2,-$950,$1,000) × 2

= 6.694%

7 0
3 years ago
You have just received notification that you have won the $3 million first prize in the Centennial Lottery. However, the prize w
Oksanka [162]

Answer:

Present Value= $1,772.115

Explanation:

Giving the following information:

You have won the $3 million first prize in the Centennial Lottery.

However, the prize will be awarded on your 100th birthday, 78 years from now. What is the present value of your windfall if the appropriate discount rate is 10 percent.

We need to use the following formula:

PV= FV/[(1+i)^n]

PV= present value

FV= final value

PV= 3000000/(1.10^78)= $1,772.115

7 0
3 years ago
What is the current yield on a zero coupon bond with a remaining life of 4 years, a yield to maturity of 10.8%, and a par value
Tanya [424]

Answer:

$663.5

Explanation:

given that

number of years remaining = 4 years

yield to maturity ratio = 10.8% = 1.108

Par value = $1000

Current yield takes a look at the current price of a bond, instead of looking at it from a face value. That being said, it can be calculated mathematically as

Current yield = 1000 / 1.108^4

Current yield = 1000 / 1.507

Current yield = $663.5

Therefore, the current yield from the question we are given, is found to be $663.5.

I hope that helps

8 0
3 years ago
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