Answer: 29.93%
Explanation:
You can use Excel to solve for this.
Bear in mind that when given a series of cashflows, the expected return is the Internal Rate of Return (IRR).
Initial investment = $32
First cashflow = $1.25
Second cashflow = $1.31
Third cashflow = $1.38 + $65 selling price = $66.38
IRR = 29.93%
Project managers always make a plan before executing and completing tasks because the creation of budget and setting a schedule is important for the project.
<h3>What is a project?</h3>
It should be noted that a project is an activity that's engaged in to achieve a particular goal.
In this case, project managers always make a plan before executing and completing tasks because the creation of budget and setting a schedule is important for the project.
Learn more about projects on:
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Answer:
The total period cost is $105000.
Explanation:
Total period costs (TPC) = Fixed manufacturing overhead (FMO) + (Variable selling and administrative expenses × units sold) + Fixed selling and administrative expenses.
Now insert all the values in the above formula.
Total period costs = $25,000 + ($6 × 10,000) + $20,000
Total period costs = $25,000 + $60,000 + $20,000
therefore, the Total period costs = $105,000
Answer: False
Explanation:
CEOs are top management and top management use all five functions of management to ensure that the company reaches its goals and objectives.
The CEO has to use <u>planning</u> to to decide what long term strategies the company will use to achieve its goals. They have to use<u> controlling</u> to evaluate and improve the methods the company is taking to achieve its long term goals.
They also have to use <u>staffing</u> to hire the best top level and middle level talents that can push the company forward. As management they have to use <u>leading</u> to get the employees inspired to move the company forward and finally they will use<u> organizing</u> to put the various processes in the company together to ensure that the company's goals are met.