Answer:
$20,229.5
Explanation:
Given:
Amount to be received = $5,000
Time period, n = 5 years
nominal discount rate = 10.725%
inflation rate = 3 percent
Now,
Using the Fischer's relation, we have
1 + Nominal rate = ( 1 + Real rate ) × ( 1 + Inflation )
on substituting the values, we get
( 1 + 10.725% ) = ( 1 + Real rate ) × ( 1 + 3% )
or
1.10725 = ( 1 + Real rate ) × 1.03
or
( 1 + Real rate ) = 1.075
or
Real rate = 1.075 - 1 = 0.075 or 7.5%
Thus,
Present Value of an ordinary annuity that makes $5000 every year payment for 5 years will be calculates as:
Present value = Monthly payment × ![[\frac{(1-(1+r^{-n})}{r}]](https://tex.z-dn.net/?f=%5B%5Cfrac%7B%281-%281%2Br%5E%7B-n%7D%29%7D%7Br%7D%5D)
or
Present value =![5000\times[\frac{1 - (1 + 0.075)^{-5}}{0.075}]](https://tex.z-dn.net/?f=5000%5Ctimes%5B%5Cfrac%7B1%20-%20%281%20%2B%200.075%29%5E%7B-5%7D%7D%7B0.075%7D%5D)
or
Present value = 5000 × 4.0459
or
Present value = $20,229.5
Answer:
9.09%
Explanation:
The required return of ZYX, Inc shall be determined using the following mentioned formula:
r=[d(1+g)/MV]+g
In the given question
r=required rate of return of ZYX, Inc=?
d(1+g)=next dividend payment to be made by the ZYX, Inc=$2.95
MV=current selling price of share=$58
g=growth rate of dividend=4%
r=required rate of return=[$2.95/$58]+4%
r=required rate of return=9.09%
Answer:
The computations are shown below:
Explanation:
a. The computation of the economic order quantity is shown below:
= 229 units
The carrying cost is come from
= $2.40 × 20%
b. Time between placement of orders is
= Economic order quantity ÷Annual demand
= 229 ÷ 280
= 0.8179 years
So,
= 0.8179 × 365 days
= 298.53 days
We assume 365 days in a year
c. The average annual cost of ordering cost and carrying cost equals to
= Holding cost + ordering cost
= (Economic order quantity ÷ 2 × Holding cost) + (Annual demand ÷ Economic order quantity × ordering cost)
= (229 units ÷ 2 × $0.48) + (280 ÷ 229 units × $45)
= $54.96 + $55.02
= $109.98
d)
Now the reorder level is
= Demand × lead time + safety stock
where, Demand equal to
= Expected demand ÷ total number of weeks in a year
= 280 pounds ÷ 52 weeks
= 5.38461
So, the reorder point would be
= 5.38461 × 3 + $0
= 16.15 pounds
Explanation:
a. What were some good and/or poor examples of communication?
Intercultural communication in the workplace can generate some significant difficulties, in an intercultural work team, there may be behaviors of certain members that differ from the rest of the group, which can mean lack of integration of the team due to lack of respect and interest to the cultural values of a particular member.
b. Discuss any examples or interpretation of cultural differences as described in Hoftstede's Cultural Values chart on p. 46 of your text (i.e. individualism, time orientation, formality, etc.).
Formality can be interpreted differently according to different cultures. In a more flexible culture like the American one, for example, formality may not be so expressed through the use of formal language and dress, whereas in a less flexible culture, this can be seen as a disrespect, as they can establish a more serious and formal communication in the workplace.
c. Is there anything that could have been done to make the communication more effective?
To make intercultural communication more effective, it is necessary above all to respect the individual values of an individual that exist in certain ways in some situations. The ideal is that people are open to learn and exchange experiences, willing to help the individual to integrate into the group, and above all to act in an ethical and respectful way always.
