Answer:
We see that Prog A will give an annual CF of 75%*$6000 = $4500
Prog B will give annual CF of 95%*$6000 = $5700
Disc Rate Kd = 20%
So PV of Annuity of $1 for 5 yrs with Kd = 20% is 2.9906
So NPV of Prog A = CF0+CF1+ ....+Cf5 = -12000+2.9906*4500 = $1,458
So NPV of Prog B= CF0+CF1+ ....+Cf5 = -20000+2.9906*5700 = $(2,954)
So Prog A is more effective as it gives a Positive NPV
Answer: The manager should exhibit all the traits except computer programming skills.
Explanation: A successful general manager or a manager that is striving to be successful will/should possess the following traits:
1. Attention to detail; this is a very important trait and could be the difference between keeping a client and losing one. This is because clients want to feel and be treated specially and uniquely. Therefore an attention to detail will help the manager ensure that each client is treated specifically and differently from the next client.
2. Follow through leadership: this trait is very important in order to maintain cohesion among the team members and subordinates.
3. People skills: this is a very important trait because it is very vital in person-to-person interactions, especially when interacting with hotel guests.
4. Effective delegation: one person cannot perform all the tasks in a hotel, therefore it falls on the general manager to be able to assign roles to individuals that are best suited to perform the tasks. This is a very important trait and will ensure that resources are properly utilized.
Computer programming skills is not a trait requires of a hotel general manager. This is because the role can be assigned to a computer programmer while the general manager faces other tasks that require his/her attention.
The correct answer for the question that is being presented above is this one:
(1) <span>B)People prefer tangible items, so the government would not be able to satisfy demand for the tangible item at any fixed rate of exchange
</span>(2) <span>B)Potential buyers of the assets of a bank, incorrectly rumored to be distressed, may suspect the assets to be of poor quality.
</span>(3) <span>C) The Federal Reserve ("the Fed") stands ready to inject reserves into the system more quickly in a crisis.
</span>(4) <span>A)Checkable Deposits / Required Reserves</span>
Answer:
80 years
Explanation:
Data provided in the question:
Simple interest rate charged = 1.25% = 0.0125
Now,
Let principal amount be '$x'
we know, Simple interest = Principal × Interest Rate × Time
Since the debt is doubled this means the interest is equal to the principal amount
Therefore,
$x = $x × 0.0125 × Time
or
1 = 0.0125 × Time
or
Time = 1 ÷ 0.0125
or
Time = 80 years
Answer:
Weighted average unit cost = $8.78
Explanation:
<em>The weighted average method of inventory determines the average cost per unit of inventory each time a new batch is received. or every new batch received the average cost per unit is re-computed by dividing the total value of stock by the outstanding number of units.</em>
The explanation is completed using calculation below:
Total value of stock = (250× $5) + (500×$9) + (375 × 11) = $9,875
Total units of stock = 250 + 500 + 375 = 1,125 units
Weighted average unit cost = Total value of stock / total units of stock
= $9875
/ 1125 units = $8.78
Weighted average unit cost = $8.78
