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marusya05 [52]
3 years ago
14

After working as a manager of a small business for several years, Connie has been offered a management position with a local cha

rity. If she accepts the job offer, she is likely to find that:_______.
Business
1 answer:
vesna_86 [32]3 years ago
6 0

Answer:

The principles of management are same.

Explanation:

Whatever industry the company is operating in, the way the company is managed is the same regardless the size, industry and motive of the company.

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You have 25 years left until retirement and want to retire with $1.1 million. Your salary is paid annually, and you will receive
Reptile [31]

Answer:

percentage of your salary save each year is 13.24%

Explanation:

given data

time period t = 25 year

amount = $1.1 million

salary = $61000

increase r1 = 4 percent per year = 0.04

return r2 = 10 percent = 0.1

to find out

what percentage of your salary must you save each year

solution

we consider here annual saving = A

so amount formula is

amount = A × \frac{(1+r1)^t -(1+r2)^t}{r1-r2}

here A is annual saving and r1 is increase rate and r2 is return rate

1100000 = A × \frac{1.1^{25} - 1.04^{25}}{0.1-0.04}

A = $8079.45

so

proportion of salary is \frac{8079.45}{61000}

proportion of salary = 13.24%

so percentage of your salary save each year is 13.24%

7 0
3 years ago
Paid $1,300 towards principal of the notes payable<br> What is the credit and debit for this?
Roman55 [17]
Credit $1300 from you cash or bank account and Debit $1300 to Principal account.
4 0
2 years ago
Suppose the exchange rate is 90 yen per U.S. dollar and the United States wants to keep the exchange rate at a target rate of 90
ikadub [295]

Answer:

Option A, buys dollars to raise the exchange rate, is the right answer.

Explanation:

Option A is correct because when the Fed will buy the dollars then only the demand for dollars will shift rightwards. Consequently, the dollar price or exchange rate will go up. Therefore, the Fed will buy the dollars to increase the exchange rate. In another case, if the Fed wants to decrease the exchange rate then it will sell the dollars, and selling of dollars will shift the supply rightwards. Thus, the exchange rate will fall.

6 0
2 years ago
Fixed Overhead Spending and Volume Variances, Columnar and Formula Approaches
shutvik [7]

Answer:

Fixed Overheads Spending Variance = $5,000 Unfavorable(U).

Fixed Overheads Spending Variance = $20,000  Favorable (F).

Explanation:

Fixed Overheads Spending Variance = Actual Fixed Overheads  - Budgeted Fixed Overheads

                                                              = $305,000 -  $300,000

                                                              = $5,000 Unfavorable(U).

Fixed Overheads Spending Variance = Fixed Overheads at Actual Production  - Budgeted Fixed Overheads

                                                              = ($5.00 × 64,000) - $300,000

                                                              = $320,000 - $300,000

                                                              = $20,000  Favorable (F)

3 0
3 years ago
Jim had a beginning inventory of $5,500. During the month of April, he purchased $4,000 of food and had an ending inventory of $
Likurg_2 [28]

Answer:

1.23

Explanation:

Inventory turnover is a ratio showing how many times a company has sold and replaced inventory during a given period.

Cost of Sales=Opening Inventory+Purchases-Closing Inventory

                      =5,500+4,000-3,800= 5,700

Average Inventory= Opening + Closing/2

                              = 5,500+3,800/2= 4,650

Inventory Turnover Ratio= <u>Cost of Sales</u>

                                            Avg Inventory

                                          = 5,700/4,650=1.23

8 0
2 years ago
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