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3 years ago

The phrase "walk the talk" means:

Business

1 answer:

Nutka1998 [239]3 years ago

5 0

Answer:

The phrase walk the talk means To perform actions consistent with one's claims

In this case the answer is (C) that management lives the ethical standards established in the code of ethics as the management has to follow the ethical standards it set for itself.

Explanation:

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Many academic institutions offer a sabbatical policy. Every seventh year a professor is given a year free of teaching and other

Fittoniya [83]

Answer:

$ 127,773.36

Explanation:

The professor will be in sabbatical in years 7, 14, 21, 28, 35 and 42

In each of these years, he receives full pay amounting to=50,000

The PV of the sabbatical full pay

= $\frac{50,000}{1.04^7} + \frac{50,000}{1.04^14} + \frac{50,000}{1.04^21} + \frac{50,000}{1.04^28} + \frac{50,000}{1.04^35} +\frac{50,000}{1.04^42} = 84,101.22$

=50,000/(1+4%)^7+ 50,000/(1+4%)^14+ 50,000/(1+4%)^21+ 50,000/(1+4%)^28+50,000

/(1+4%)^35+ 50,000/(1+4%)^42

==50,000/(1+4%)^7+ 50,000/(1+4%)^14+ 50,000/(1+4%)^21+ 50,000/(1+4%)^28+50,000

/(1+4%)^35+ 50,000/(1+4%)^42

= $\frac{50,000}{1.316} + \frac{50,000}{1.732} + \frac{50,000}{2.279} +\frac{50,000}{2.999} +\frac{50,000}{3.946} + \frac{50,000}{5.193}$

=37,993.92 + 28,868.36 + 21,939.45 + 16,672.22 + 12,671.06 + 9,628.35

= $ 127,773.36

Thus, at an interest rate of 4%, the present value of all the sabbatical earnings amount to $ 127,773.36

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