If a bank pays 62 cents in non-interest expense per dollar of income, its ______

Why do multi-national hotel groups prefer local citizens to serve in top-level- management positions? The salaries to local mana

raketka [301]

Answer:

Employee morale will improve as workers recognize they can be promoted to the highest levels of management.

Explanation:

When multinational hotels use local citizens to serve as top management on the company, it sends a message to other local employees that it is possible to rise to a position of higher responsibility in the company even as a local hire.

Workers are more motivated to deliver their best because there is reward of growth.

Furthermore this will increase Goodwill of the company among local citizens.

4 0

3 years ago

The planning team should represent the many facets of the community, including governmental and nongovernmental entities, the pr

diamong [38]

Answer:

True is the answer

Explanation:

The planning team should represent the many facets of the community, including governmental and nongovernmental entities, the private sector, infrastructure owners and operators, and civic leaders.

3 0

3 years ago

On January 1, a company issues a $100,000, three-year note that pays 9% interest annually. The market rate on the note is 6%. Ho

BabaBlast [244]

Answer:

The company amortize note premium of $2,518.80 in the first year.

Explanation:

First we need to determie price of the note

Price of the bond = [ I x ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Where

F = Face value = $100,000

I = Periodic Interest payment = $100,000 x 9% = $9,000

r = Periodic interest rate = 6%

n = Numbers of periods = 3

Placing values in the formula

Price of the Note = [ $9,000 x ( 1 - ( 1 + 6% )^-3 ) / 6% ] + [ $100,000 / ( 1 + 6% )^3 ]

Price of the Note = $24,057.11 + $83,962.93

Price of the Note = $108,020.04

Price of the Note = $108,020

Calculate the premium

Premium = Price of the note - Face value of the note = $108,020 - $100,000 = $8,020

Now use following formula to calculate the amortization of the premium

Amortization = ( Face vale x stated Interest rate ) - ( Price of the bond x Market interest rate ) = ( $100,000 x 9% ) - ( $108,020 x 6% ) = $2,518.80

4 0

3 years ago

Refer to Fishy Business. In the future, suppliers of fresh fish will be able to use electronic bar codes to verify the fish spec

dalvyx [7]

Answer:

c) Electronic Data Interchange

Explanation:

Based on the scenario being described within the question it can be said that this information technology is called Electronic Data Interchange or EDI for short. This technology allows one company to send large sets of data/information to another company electronically as opposed to other physical delivery methods of communication. Which in this case the electronic method that will be used are electronic bar codes.

7 0

4 years ago

Read 2 more answers

The three major types of firms in the united states are called

Nina [5.8K]

The three major types are;
1. Partnerships
2. Corporations
3. Sole proprietorship

5 0

3 years ago

If a bank pays 62 cents in non-interest expense per dollar of income, its _______ is equal to 0.62