Answer: The gradient of income growth is $12,59,741.59. This means that income must rise by $12,59,741.59 each year.
We follow these steps to arrive at the answer:
<h3><u>1. Calculating the total value of earnings after 15 years</u></h3>
We calculate the Future Value of the investment as follows:
This represents the total of revenues earned over 15 years from the investment.
<h3><u>2.Calculating the gradient</u></h3>
Since income increases linearly over 15 years, we can consider year 3 earnings as the base. Let the income increase in year 4 by x. Since income increases yearly, we can calculate income in each year as follows
Year Revenues
1 0
2 0
3 250000
4 250000 + x
5 250000 + 2x
6 250000 + 3x
7 250000 +4x
8 250000 + 5x
9 250000 + 6x
10 250000 + 7x
11 250000 + 8x
12 250000 + 9x
13 250000 + 10x
14 250000 + 11x
15 <u> 250000 + 12x</u>
Total 32,50,000.00 + 78x
Now we equate the values in steps 1 and above to find 'x' the gradient
Answer:
<em>weight</em><em> </em><em>of</em><em> </em><em>discount</em>
<em>disfount</em><em> </em><em>on</em><em> </em><em>festival</em><em> </em><em>offer</em>
40(d) + 8 (1.5) = 785.20
40(d) + 12(d) = 785.20
52(d) = 785.20
D= 785.20/ 52
D=15.10
Answer: Liaison role of management
Explanation: In simple words, liaison role of management refers to that role in which the managers works as a bridge between two entities so they can effectively communicate with each other. This communication could be done for both internal or external purposes.
In the given case, Michelle is first trying to resolve the conflict between city members and managers and after that he will be going to address a complaint filed by an employee against a team leader.
Hence he is performing the role of liaison officer.
Answer: Performance budgeting
Explanation:
Performance budgeting is referred to as or known as the practice or habit of developing and reforming budgets that are mostly based on relationship in between the program funding scale and the expected outcome from the program. This performance budgeting technique is referred to as the tool which administrators tends to use in order to manage the budget.