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ArbitrLikvidat [17]
3 years ago
11

The benefits of belonging to professional organizations include the development of professional contacts and the opportunity to

update one's skills and knowledge.
A. True
B. False
Business
2 answers:
ziro4ka [17]3 years ago
7 0

Answer:

True

Explanation:

Belonging to a professional organizations provides opportunity to share knowledge and experience and learn from others. It also avails one opportunity to share contacts with other professionals who may be of help in   securing business opportunities and resolving business issues .

CaHeK987 [17]3 years ago
4 0

Answer:

A. True

Explanation:

Professional organizations avail people the opportunity of meeting with like minds who share insight from time to time on best practices obtainable in a particular field at a given time.

This helps individuals keep tabs on developments within the field.

As such, the development of professional contacts and the opportunity to update one's skills and knowledge are part benefits of belonging to professional organizations.

You might be interested in
A manufacturer of prototyping equipment wants to have $3,000,000 available 10 years from now so that a new product line can be i
diamong [38]

Answer:

annual savings = future value / [(1 + r)ⁿ - 1 ] / n

annual savings = $3,000,000 / [(1 + 0.1)¹⁰ - 1 ] / 0.1

annual deposit = $188,236.18

Explanation:

this is an ordinary annuity

future value = $3,000,000

interest rate = 10%

periods = 10

using the future value of an annuity formula, annual deposit = future value / annuity factor

FV annuity factor, 10 periods, 10% = 15.937

annual deposit = $3,000,000 / 15.937 = $188,241.20

instead of using annuity factors, you can solve this equation:

annual deposit = future value / [(1 + r)ⁿ - 1 ] / n

annual deposit = $3,000,000 / [(1 + 0.1)¹⁰ - 1 ] / 0.1

annual deposit = $188,236.18

Both answers are very similar, the difference is only 0.00267%

8 0
3 years ago
Bradshaw Inc. is contemplating a capital investment of $88,000. The cash flows over the project’s four years are: Year Expected
Yuri [45]

Answer:  3.50 years

Explanation:

The Payback period is a method of checking the viability of a project. It measures how long it will take a project to pay back it's initial investment.

Formula is;

= Year before payback + Cash remaining till payback/ Cash inflow in year of payback

Year 1 Net Cash Inflow

= Cash Inflow - Cash Outflow

= 30,000 - 12,000

= $18,000

Year 2

= 45,000 - 20,000

= $25,000

Year 3

= 60,000 - 25,000

= $35,000

Year 4

= 50,000 - 30,000

= $20,000

Year 1 + 2 + 3

= 18,000 + 25,000 + 35,000

= $78,000

Amount remaining till payback

= Investment - Cash inflow so far

= 88,000 - 78,000

= $10,000

= Year before payback + Cash remaining till payback/ Cash inflow in year of payback

= 3 + 10,000/20,000

= 3.50 years

8 0
3 years ago
Identify the true statements about materials requirements planning. (Check all that apply.) Multiple select question. It is cons
ipn [44]

Material requirements planning is simply used for the management of manufacturing processes.

The main aim of the materials requirement planning is that it helps in keeping production activities on track. Also, there's better inventory control and an improvement in scheduling.

Based on the options given, the true statements about materials requirements planning include:

• It is used widely, especially in manufacturing.

• It is considered a push system.

• It uses a time-phased schedule that is based on lead time.

Read related link on:

brainly.com/question/12678676

5 0
3 years ago
We can imagine the financial manager doing several things on behalf of the firm’s stockholders. For example, the manager might d
iVinArrow [24]

Answer:

A

Explanation:

One of the responsibilities of a financial manager is to direct investment activities towards increasing the market value of an organization and also support the long term financial goal of the firm.

In as much as the financial manager is expected to act in the best interest of the shareholders , he should not be bias towards them in carrying out his responsibilities,

Therefore , the best option of the given alternatives in the scenario is the he should work towards increasing the market value by investing in real assets.

7 0
3 years ago
I got 100k for the balance of the investment when I did the math so how is it 98k?
ioda

Answer:

because you spend 1k or more

6 0
2 years ago
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