Answer:
(E). local and national norms
Explanation:
Employee Involvement and Participation (EIP) programs are put in place by organizations to encourage inclusiveness and foster collaboration among employees in the organization.
Although such programs are valuable to the organization, the "local and national norms" or cultures, within which the organization operates, must be taken into consideration by the organization, when structuring its involvement program practices.
Answer:
Implicit costs do not require a direct monetary outlay by the firm, whereas explicit costs do.
Explanation:
Rent, salary, and other operating expenses are considered explicit costs. They are all recorded within a firm's financial statements, meaning they are present and clearly shown or reported as a separate cost. The main difference between the two types of costs is that implicit costs are opportunity costs, meaning that it is present but it is not initially shown or reported as a separate cost, while explicit costs are expenses paid with a company's own tangible assets. In other words, explicit costs are always shown, implicit costs are not, at least initially, exactly like the meaning words suggest.
Answer:
The annualy payment for theamortized loan is $6,802.44
Explanation:
First we will find the total loan payment TP for the $20,000 borrowed over the next four years with a annual return of 8%:
TP = $20,000 *(1+8%)^4
TP = $20,000 *(1.08)^4
TP = $20,000 *1.3605 = $27,209.7
The annual payments AN is obtained by dividing the TP into the 4 years:
AN = $27,209.7 / 4 = $6,802.44
Answer:
The answer is entrepreneur
Explanation:
Diane showed the trait of an entrepreneur. An entrepreneur is someone who tries to solve a particular problem or challenge by setting up a business. He takes up the risk and tries to fight it in order to be successful because of the passion he has for the business. Entrepreneur also sources for the capital for the business which can be in form of borrowed money or equity contribution.
Answer:
Borrowed amount of $2,500
Explanation:
The computation is shown below;
The Total available balance is
= Beginning balance + Receipts - Disbursements
= $12,000 + $30,000 - $34,500
= $7,500
As the cash should be maintained of $10,000
So,
The amount to be borrowed is
= $10,000 - $7500
= $2,500