Answer:
The requirement of the question is as below:
How much must Alan deposit on January 1? (Round your final answer to the nearest whole dollar amount.)
What is the interest for the four years? (Round your final answer to the nearest whole dollar amount.)
Alan deposit on January 1 is $ 58,802.39
Interest for four years is $21,197.61
Explanation:
The first is asking for today's worth of the investment,which is the amount to be invested,this can be computed using the present value as shown below:
PV=FV*(1+r)^-n
PV is the present value
FV is the worth of the investment in 4 years from now which is $80,000
r is the rate of return of 8%
n is the number of years of investment which is 4 years
PV=$80,000*(1+8%)^-4
PV=$80,0008(1+0.08)^-4
PV=$80,000*(1.08)^-4
PV =$ 58,802.39
interest for four years=FV-PV
interest for four years=$80,000-$ 58,802.39
=$21,197.61
Answer:
open-book management or it can also be called a boundaryless organization.
Explanation:
Open-book management
This is simply the act of sharing with employees at all levels of an organization some vital information that is somehow or previously meant for too management staff only. It also involves opening a company's financial statements to all employees and giving them the education that will enable them to understand how the company makes money and how their actions affect its success and bottom line.
Boundaryless organization
This is simply known as a form of organization structure in which there are no barriers to information flow. Boundaryless designs include barrier-free, modular and virtual organizations. An organization without barriers has permeable internal and external boundaries and requires higher level of trust and shared interests, a shift in philosophy from executive development to organizational development, greater use of teams etc.
Managers are a critical part of any successful organization because<u> "they use their skills and knowledge to move the organization forward towards established goals".</u>
Managers impact every one of the periods of present day associations. Sales Managers keep up a business constrain that business sectors merchandise. Staff Managers give associations an able and gainful workforce. Plant Managers run fabricating activities that create the garments we wear, the nourishment we eat, and the vehicles we drive.
Basically, the part of managers is to direct the associations toward objective achievement. All associations exist for specific purposes or goals,and managers are in charge of joining and utilizing hierarchical assets to guarantee that their associations accomplish their motivations.
Answer:
the cost that allocated to the start up business is $61,600
Explanation:
The computation of the amount of the cost that allocated to the start up business is given below:
= Manufacturing facility costing × maintaining the overall cost percentage
= $560,000 × 0.11
= $61,600
Hence, the cost that allocated to the start up business is $61,600
We simply applied the above formula so that the amount could come
