Answer: An organization that starts and builds quality.
Explanation: To have a successful quality strategy, an organization needs to build and instill quality in their employees. When an organization promotes and maintains a quality environment for their workers, they are more likely to have a higher level of output quality.
Answer:
The interest is $189.78
Explanation:
The computation of the interest on January 20 is shown below:
= Principal × interest rate × number of days ÷ total number of days in a year
= $7,000 × 8% × 122 days ÷ 360 days
= $7,000 × 8% × 0.338
= $189.78
The 122 days are calculated below:
September - 10 days
October - 31 days
November - 30 days
December - 31 days
January - 20 days
Total - 122 days
And we assume the 360 days in a year
Answer:
2.20%
Explanation:
Data provided:
Company issued floating-rate note with a coupon rate equal to the three-month Libor 65 basis points
On 31 March three-month Libor = 1.55%
On 30 June three-month Libor = 1.35%
Now,
The coupon rate for the interest payment made on 30 June will be calculated as
= 1.55% + 0.65
= 2.20%
Hence, the correct option is 2.20%
Answer:
C) Natural business year.
Explanation:
A natural business year is the period of 12 consecutive monthsending at a low point of an organization's activities.
For example, a school district will have a natural business year of July 1 through June 30, since classes for the school year end in early June.
