Answer:
FV= $159,840.60
Explanation:
Giving the following information:
Initial investment= $1,000
Number of years= 2016 - 1912= 104
Interest rate= 5%
<u>To calculate the value of the investment today, we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 1,000*(1.05^104)
FV= $159,840.60
One of the most significant disadvantages of conducting a gap analysis or map is the loss of time and money. Typically, an organization will hire a consultant to conduct the assessment; however, participation takes valuable time away from project participants.
<h3>What is a gap analysis or map?</h3>
A gap analysis is a method of evaluating a business unit's performance to determine whether or not business requirements or targets are being met and, if not, what steps should be taken to meet them.
A gap analysis is also known as a needs analysis, a needs assessment or a need-gap analysis. Performing a skills gap analysis may increase your costs. This is due to the fact that employees frequently stop or interrupt their productivity while participating.
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The product that is an example of a consumer good is shop gallon of milk to use in a bowl of cereal. Consumer goods are mostly consumed immediately.
<h3>What are consumer goods?</h3>
Consumer goods are products or goods that are bought for consumption. Consumer goods are mostly finished products from a factory such as buscuit, cereals, milk, bread that can be sell on retail to the consumer.
The products are ate and mostly bought for personal use from a supermarket, store or exhibition.
Most of the consumer products can be consumed without any further processing.
Areas with high rate of consuming consumer products will have economic growth this is because the increase in it's demand help to improve economy.
Therefore, The product is an example of a consumer good is shop gallon of milk to use in a bowl of cereal.
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A change in quantity supplied is a movement along the supply curve, while a change in supply is a shift in the supply curve.
<h3>What is a supply curve?</h3>
The supply curve is a positively sloped curve that shows how quantity supplied changes with price of the good. All things being equal, the higher the price of the good, the higher the quantity supplied.
<h3>What is a change in supply and a change in quantity supplied?</h3>
A change in quantity supplied is as a result of a change in the price of the good. If price increases, quantity supplied increases and if it decreases, quantity supplied decreases.
A change in supply is caused by other factors other than price. Some of these factors include:
- A change in the number of suppliers
- The cost in the price of raw materials needed in the production of the good.
A change in supply leads to a movement outward or inward.
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No entries shall be allowed for district meets which are not submitted to the director on or before the fifth day before the first day of the meet.
<h3><u>
What is the role of a director?</u></h3>
- An organization's directors play a crucial role in governance on behalf of its shareholders or members.
- The legal obligations that each Director must uphold during their tenure are outlined in various pieces of legislation. However, Directors are also held personally responsible for exceeding 700 more laws and legal standards.
- Each director must acknowledge and support the following standards of conduct:
- To accept personal accountability for contributing objectively and without regard to one's own interests to the Board's choices.
- To proactively seek out sufficient knowledge about the organization's operations.
- To constructively contribute to the formulation of pertinent organizational policies.
- To give the organization's long-term strategies solid support.
In order to encourage good governance and guarantee that each director acts in the interests of the company's stakeholders, the legally based director duties were created.
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