Answer:
Instructions are listed below
Explanation:
Giving the following information:
You have just made a $1,500 contribution to your retirement account. Assume you earn a rate of return of 8.7 percent and make no additional contributions.
To find the final value we need to use the following formula:
FV= PV*(1+i)^n
A) n= 25
FV= 1500* (1.087^25)= 12073.41
B) n= 20
FV= 1500*(1.087^20)= $7955.77
Answer:
Craig's Bowling, Inc
Income Statement for the month of July
Sales ($13,300 + $8,000) $21,300
Less: Cost of goods sold ($3,490)
Gross profit $17,810
Less: Expenses
Insurance ($1,800 / 3) $600
Wages $4,500
Repair expenses $1,800
Electricity bill $2,000
Total expenses ($8,900)
Net profit $8,910
Note:
Note that the purpose of the income statement is to calculate the profit or loss for a specific period, and not the cash flows during that period. Hence, transactions c., d. and e. are not to be recorded in the income statement for the month of July.
Answer:
<u>Network </u>
Explanation:
A network type of organizational structure is characterized by a less hierarchical levels, with greater decentralization and more flexibility.
Such an organization is inter connected by informal social networks based upon the requirements of a task instead of a formal structure.
In this kind of organizational structure, reporting requirements ain't pre defined and it arises as per the need and as per the extent of coordination. It promotes direct communication and eliminates bureaucracy as decision making does not require approval from multiple levels.
In the given case, the company does not actually produce or market the bread indicates the existence of intra-company networks which perform those tasks.
Similarly, the fact that there are very few employees who are majorly top executives or of clerical level, indicates elimination of multiple levels of organizational hierarchy.
Thus, it represents a network organizational structure.
Answer:
d. Behavioral
Explanation:
Behavioral approach defines how a leader interact with its followers. It also includes the actions of a leader towards its followers.
In behavioral approach to leadership, anyone can become a leader if they want to, but such leader trainings and observations for effective leadership. The behavioral approach centers on interpersonal relationship between a leader and its followers. There is also an aspect of behavioral approach - task behavior which focuses on workers achieving set targets at workplace while relationship behavior help workers feel safe and comfortable by their leaders in their place of work.
Answer:
The answer is $11.904.762
There an assumption about Depreciation, Amortization and Interest, it says increase by 10% over which there is no data to calculate,so It's used 10% of sales.
Explanation:
Income Statement
Sales $11.904.762
Cost of goods sold -$6.547.619
Gross Profit $5.357.143
depreciation, amortization and Interest -$1.190.476
Net Income BEFORE Taxes $4.166.667
Tax RATE 40% -$1.666.667
Net Income after Taxes $2.500.000
