TRUE. A company might conduct full-scale practice drills, including closing a building and working from a remote location, in order to test its contingency plans
Answer:
The correct answer is c) The ability to fulfill assigned responsibilities and the qualifications for advancement
Explanation:
The company should select procedures to achieve consistent assurance that workers at all levels cooperate in general and industry-specific CPE and other professional activities that empower them to fulfill responsibilities assigned and the qualifications for advancement.
Your answer would be A: Budget.
Answer:
Present Value of the loan = $19999.36 rounded off to $20000
Explanation:
The present value of loan will comprise of the present value of the principal amount of loan plus the present value of the interest that the loan will charge for the 3 year time period for which it is outstanding. As the interest payments are fixed and occur after equal intervals of time, they are considered an annuity.
To calculate the present value of the loan, we must discount the interest payments using the present value factor of annuity given in the question as 2.5771 and we must discount the principal to present value using the present value factor given in question as 0.7938.
We will first calculate the annual interest payment on loan.
Annual Interest payment = 20000 * 0.08 = 1600
Present value of the Interest payment - annuity = 1600 * 2.5771
Present value of the Interest payment - annuity = $4123.36
Present value of the Principal loan = 20000 * 0.7938
Present value of the Principal loan = $15876
Present Value of the loan = 15876 + 4123.36
Present Value of the loan = $19999.36 rounded off to $20000
Answer:
The market risk premium is 9.3%
Explanation:
Market risk premium can be obtained by calculating the difference between the expected return on the market and the risk-free rate.
In the question given, the risk rate fee refers to the US treasury bill.
Therefore,
Market risk premium = market rate-risk free rate
= (12.6% - 3.3%)
= 9.3%
So, in the question given, the market risk premium is
9.3%