Answer:
a)Project 2 should be selected
b) Project 1 should be selected
Explanation:
We would compute the Present Value(PV) of the cash inflows from the the two projects and compare them.
PV of cash inflow = A × (1- (1+r)^(-n)/r
A-cash inflow, r- required return, n - number of years
Project A = 52,000× (1 - 1.15^(-6)/0.15= 196,793.1
Project 2= 39,000 + ((1 - 1.15^-7)/0.15= 201,256.36
Project 2 should be selected
Project 1 = 52,000× (1 - 1.12^(-6)/0.15=213,793.1808
Project 2= 39,000 + ((1 - 1.12^-8)/0.15= 193,737.9509
Project 1 should be selected
Answer:
Generally speaking, there are five functions of Management. They are:
- Setting Objectives
- Planning
- Execution
- Measurement
- Control
The two functions of management identifiable from the passage are:
- The setting of Objectives and
- Control
Explanation:
Objectives in business are multilateral in nature. They speak to
- Identifying where the company wants to go
- How the company is going to get there
- Who the company will need to get there and
- What the company will need to get there
In the passage above, the company via it's general manager is defining clearly those the company will need and what each person's role is in helping to achieve such objectives
It is not the responsibility of the employee to define his or her own job or objectives. It is the responsibility of Management.
With regard to the second function which we will identify as Control, when management admits employees, there has to be structure otherwise there would be chaos.
It is the function of management to clearly define reporting lines. Who reports to whom? Who is responsible for overseeing who? Who will lead what team? etc.
We see from the passage that the general manager distributed jobs according to each employees ability. And in doing so also defined reporting lines.
This is an example of the Control function of management.
Cheers!
Answer:
A)TRUE
Explanation:
This type of briefings are normally conducted at the beginnig of an assignment and if it neccesary at any time that it is neccesary
Other kind of briefings are:
- Field-Level Briefing
- Section-Level Briefing
Answer:
$13,466
Explanation:
For 2019, the wage limit for Social Security tax is $132900
Thus;
Social Security tax $132,900x 6.2% = $8,239.80
Medicare tax = $299,000 x 1.45% = $4335.50
Additional Medicare Tax ($299,000 - $200000) x 0.9% = $891
therefore,
Amount of FICA Tax = $8239.80 + $4335.50 + $891 = $13,466.30 which is approximately $13,466
