Digital Divide:
The digital divide is nothing but a term that refers to the gap which usually exist between individuals who have the capacity to access communication technology,modern information and those who lack such access.
Solutions for Digital divide:
- Increase affordability.
- Empowering users.
- Improve the relevance of online content.
- Internet infrastructure development.
Increasing affordability:
One of the main cause for the increase in the rate of individuals who lack access to internet is due to its high rate of affordability. Internet Taxes, Electricity rates must be made less and Government must help them through various digital tools.
Empowering users:
Most of them fail to realize the full use of Internet and its information. Empowering the internet users and making them realize the true potential of Internet technology can help them access it easily.
Improve the relevance of online content:
Most of the individuals can't use internet because they can't find content, online services ,web and mobile applications in their language which they can understand. Thus improving the relevance of Online content by making availability for all possible languages can sort the gap of digital gap.
Internet infrastructure development:
Lack of Infrastructure can also reduce the rate of individuals accessing internet. Thus by increasing the infrastructure can reduce the gap between Digital divide
<u>Answer:</u>
Answer for Part A and Part B is as follows:
Particulars 2016 year 2017 year
Contract Price $13,00,000 $13,00,000
Cost that has been incurred $675000 $950000
Estimated cost to complete $225000 $0
TOTAL COST $900000 $950000
Expected Gross profit $400000 $350000
Percentage that is completed 75 percent 100percent
Gross profit to be recognised $300000 $50000
<u>Note</u>: Calculations have been made according to the data and figures given in the question.
Answer:
Debit Insurance expense $10,000
Credit Prepaid Insurance $10,000
Being entries to recognize insurance expense for the period (August to December).
Explanation:
Given;
Insurance policy was purchased on July 10 to run for 3 years.
Cost of policy = $72,000
Start date is August 1st. As at 31 December, the policy should have been amortized for 5 months (August to December)
Monthly depreciation = $72,000/(3 × 12)
= $2,000
Total amortization between August and December = 5 × $2,000
= $10,000
Journal entries
Debit Insurance expense $10,000
Credit Prepaid Insurance $10,000
Being entries to recognize insurance expense for the period (August to December).
Answer:
Stock B is most valuable
Explanation:
a. Price of Stock A = $11.20/10% =$11.20/0.1 = $112
b. Price of Stock B = $6.20 / (10%-6%) = $6.20/4% = $6.20/0.04 = $155
C. Price of Stock C = $4.80/1.1 + $4.80*1.22/1.11^2 + $4.80*1.22^2/1.11^3 + $4.80*1.22^3/1.11^4 + $4.80*1.22^4/1.11^5 + ($4.80*1.22^5/10%)/1.1^5
Price of Stock C = $4.36 + $4.75 + $5.22 + $5.74 + $6.31 + $80.55
Price of Stock C = $106.93
Conclusion: Stock B is most valuable
Answer:
A. Middle manager
Explanation:
A middle manager is a manager responsible for the day-to-day routines, monitoring and overseeing of performance of subordinate or junior managers and making sure that everything is done in compliance with organization's needs.
Alfred was most likely hired as a <u>Middle manager </u>
